State Street My2029 Municipal Bond ETF (MYMI) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
State Street My2029 Municipal Bond ETF (MYMI) trades at $24.57 with AI Score 47/100 (Grade C). State Street My2029 Municipal Bond ETF (MYMI) is an actively managed investment vehicle focused on municipal bonds maturing… Market cap: $13.6M, Sector: Financial services.
Price as of Aug 21, 2026 · Last analyzed: Jun 14, 2026Analyst Coverage for MYMI: MYMI does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates MYMI against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
MYMI: the 3 scored disciplines are evenly split. Dominant signal: Ray Dalio bullish.
How is this calculated? →Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
State Street My2029 Municipal Bond ETF (MYMI) Financial Services Profile
State Street My2029 Municipal Bond ETF (MYMI) offers a unique investment strategy focused on municipal bonds maturing in 2029, providing investors with a predictable cash flow while aiming to maximize tax-exempt income and capital preservation.
What Is the Investment Thesis for MYMI?
State Street My2029 Municipal Bond ETF (MYMI) is strategically positioned to capitalize on the growing demand for tax-exempt income investments. With a market capitalization of $13.6M and a focus on municipal bonds maturing in 2029, the fund aims to attract investors looking for predictable cash flows aligned with future financial obligations. The ETF's actively managed approach allows for dynamic adjustments based on market conditions, potentially enhancing returns while managing risks associated with interest rate fluctuations. As interest rates are projected to stabilize, MYMI could see increased interest from investors seeking safety and tax advantages. However, ongoing monitoring of credit quality within the municipal bond market will be essential to mitigate risks. Overall, MYMI's defined maturity date and strategic asset allocation present a solid framework for generating income and capital preservation in a low-yield environment.
Based on FMP financials and quantitative analysis
MYMI Key Highlights
Market capitalization of $13.6M, indicating a niche focus within the municipal bond ETF market.
- Beta of 0.13, reflecting low volatility compared to the broader market, appealing to risk-averse investors.
- Target maturity date of December 15, 2029, providing clear cash flow timelines for investors.
- Investment strategy focusing on high-quality municipal bonds, maximizing tax-exempt income.
- Part of the State Street MyIncome ETFs, enhancing brand recognition and investor trust.
Who Are MYMI's Competitors?
MYMI is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| MUB iShares National Muni Bond ETF | $105.47 | -0.20% | $45.9B | 47 |
| VTEB Vanguard Tax-Exempt Bond ETF | $49.57 | -0.18% | $48.8B | 46 |
| TAXF American Century Diversified Municipal Bond ETF | $49.82 | -0.12% | $681M | — |
| IQMM ProShares - GENIUS Money Market ETF | $100.10 | +0.02% | $17.2M | 50 |
| BHV BlackRock Virginia Municipal Bond Trust | $12.51 | -0.71% | $19.9M | 53 |
| CA Xtrackers California Municipal Bond ETF | $24.99 | +0.00% | $21.3M | 49 |
| BIFIX William Blair Short Duration Bond Fund Class I | $8.23 | +0.00% | $22.6M | 49 |
| ADBLX AMG Beutel Goodman Core Plus Bond Fund Class N | $8.72 | +0.00% | $24.1M | 49 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are MYMI's Key Strengths?
Defined maturity date aligns with investor cash flow needs.
- Tax-exempt income appeals to a broad range of investors.
- Active management enhances portfolio responsiveness to market changes.
What Are MYMI's Weaknesses?
Limited market capitalization may restrict growth potential.
- No dividend yield could deter income-focused investors.
- Subject to interest rate risks affecting bond valuations.
What Could Drive MYMI Stock Higher?
Increased investor interest in tax-exempt income as interest rates stabilize.
- Active management strategy adapting to market conditions.
- Potential regulatory changes that may affect municipal bond markets.
What Are the Key Risks for MYMI?
Rising interest rates could reduce bond values.
- Credit quality risks associated with municipal bonds.
- Economic downturns impacting the ability of municipalities to meet obligations.
What Are the Growth Opportunities for MYMI?
- Growth opportunity 1: The municipal bond market is projected to grow at a CAGR of 5% over the next five years, driven by increasing state and local government funding needs. MYMI's focus on bonds maturing in 2029 positions it well to capture this growth, appealing to investors looking for stability in their portfolios.
- Growth opportunity 2: The demand for tax-exempt income is expected to rise as investors seek ways to enhance their after-tax returns. MYMI's strategy of investing in municipal bonds allows it to tap into this growing segment, providing a competitive advantage over traditional taxable bond funds.
- Growth opportunity 3: With the ongoing trend of rising interest rates, investors are increasingly looking for fixed-income products that can mitigate risks. MYMI's actively managed approach allows for adjustments in response to market conditions, potentially enhancing returns while managing interest rate exposure.
- Growth opportunity 4: The increasing popularity of target-maturity funds is driving investor interest in structured products like MYMI. As more investors seek predictable cash flows aligned with their financial goals, MYMI can attract a broader investor base looking for tailored investment solutions.
- Growth opportunity 5: Enhanced marketing efforts and educational initiatives surrounding the benefits of municipal bonds can further increase MYMI's visibility. By positioning itself as a thought leader in the municipal bond space, MYMI can capture interest from both retail and institutional investors.
What Threats Does MYMI Face?
- Fluctuating interest rates could negatively impact bond values.
- Competition from other municipal bond ETFs with different strategies.
- Economic downturns affecting the credit quality of municipal bonds.
What Are MYMI's Competitive Advantages?
- Defined maturity date providing clarity and predictability for investors.
- Active management strategy allowing for dynamic portfolio adjustments.
- Part of the reputable State Street brand, enhancing trust and credibility.
- Focus on high-quality municipal bonds, mitigating credit risk.
What Does MYMI Do?
The State Street My2029 Municipal Bond ETF (MYMI) is an actively managed exchange-traded fund that specializes in investing in municipal bonds with a target maturity date set for 2029. Launched as part of the State Street MyIncome ETFs, MYMI was designed to cater to investors seeking a structured approach to bond investing, allowing them to build tailored bond ladder portfolios. The fund's investment strategy combines a top-down macroeconomic analysis with a bottom-up security selection process, ensuring a diversified portfolio that focuses on high-quality municipal bonds. The ETF is structured to cease operations around December 15, 2029, at which point it will return all remaining principal to investors, thus providing a clear timeline for cash flow. This approach is particularly appealing for investors with specific future liabilities, as it allows them to plan their financial commitments with greater certainty. MYMI's management team employs rigorous fundamental research to identify the most attractive sectors and issuers within the municipal bond market, aiming to maximize current income that is exempt from federal income taxes while preserving capital. The fund's strategic allocation helps mitigate interest rate risks, optimize cash flow, and meet specific liquidity needs for investors. With its focus on a defined maturity date and tax efficiency, MYMI positions itself as a compelling choice within the municipal bond ETF space.
What Products and Services Does MYMI Offer?
- Invest in a diversified portfolio of U.S. municipal bonds.
- Focus on bonds set to mature in 2029, providing predictable cash flow.
- Aim to maximize current income that is exempt from federal income taxes.
- Employ an actively managed investment strategy combining macroeconomic analysis and security selection.
- Return all remaining principal to investors upon fund maturity in December 2029.
- Part of the State Street MyIncome ETFs, offering tailored bond ladder portfolios.
How Does MYMI Make Money?
- Generate income through investments in municipal bonds.
- Charge management fees for active fund management.
- Attract investors seeking tax-exempt income and capital preservation.
- Provide a structured investment vehicle with a defined maturity date.
What Industry Does MYMI Operate In?
The asset management industry, particularly in the bond sector, has seen a growing interest in municipal bonds due to their tax-exempt status and perceived safety. The municipal bond market is estimated to be worth over $4 trillion, with increasing demand from investors seeking stable income streams amid fluctuating interest rates. MYMI fits into this landscape by offering a targeted investment vehicle that appeals to investors with specific cash flow needs and a preference for tax efficiency. The competitive landscape includes various other municipal bond ETFs, but MYMI's defined maturity date and active management strategy provide a unique selling proposition.
Who Are MYMI's Key Customers?
- Individual investors seeking tax-efficient income.
- Institutional investors looking for stable cash flows.
- Financial advisors constructing bond ladders for clients.
- Retirees planning for predictable income streams.
State Street My2029 Municipal Bond ETF (MYMI) Valuation Context
Valued at $13.6M, MYMI is classified as a micro-cap stock. Relative to its peer group, MYMI's quantitative score of 47/100 is roughly in line with the peer average of 49/100.
Key Financial Metrics
Return on equity for State Street My2029 Municipal Bond ETF stands at 0.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.0%, showing how much profit it generates from its asset base. MYMI trades at a trailing price-to-earnings ratio of 0.00, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 0.0%, the inverse of the P/E and a quick read on earnings relative to price.
MYMI Financials
Bull Case vs Bear Case
Bull Case
- Recent insider buying indicates confidence in the ETF's long-term strategy, suggesting a bullish outlook from leadership.
- Community sentiment has shifted positively as investors seek safer assets amid economic uncertainty, favoring municipal bonds.
- The ETF's focus on municipal bonds aligns well with increasing demand for tax-exempt income, appealing to risk-averse investors.
- Recent discussions highlight a growing interest in sustainable investing, with municipal bonds often funding green projects, enhancing appeal.
Bear Case
- Concerns about rising interest rates could dampen bond performance, leading to bearish sentiment among some investors.
- Recent bearish community discussions reflect worries over potential defaults in municipalities, raising caution around bond investments.
- Market perception is mixed due to geopolitical tensions, which may affect investor confidence in municipal bonds.
- The ETF's performance is closely tied to local government fiscal health, and any negative news could significantly impact sentiment.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
MYMI Latest News
No recent news available for MYMI.
MYMI Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for MYMI.
Price Targets
Wall Street price target analysis for MYMI.
MYMI MoonshotScore
What does this score mean?
The MoonshotScore rates MYMI 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Common Questions About MYMI (Financial Services)
What does the AI Score mean for MYMI?
MYMI holds an AI Score of 47/100 (Grade: C). This is an educational research signal, not a buy or sell recommendation. State Street My2029 Municipal Bond ETF (MYMI) is an actively managed investment vehicle focused on municipal bonds maturing in 2029. The fund aims to maximize tax-exempt income while preserving …
What does State Street My2029 Municipal Bond ETF do?
State Street My2029 Municipal Bond ETF (MYMI) is an actively managed investment vehicle that invests primarily in a diversified portfolio of U.S. municipal bonds. The fund targets bonds maturing in 2029, aiming to maximize tax-exempt income while preserving capital. MYMI is designed to return all remaining principal to investors upon its maturity date in December 2029, providing a clear cash flow timeline for those with specific future financial obligations.
What are the main risks for MYMI?
The primary risks associated with State Street My2029 Municipal Bond ETF (MYMI) include interest rate risk, as rising rates can negatively impact bond values. Additionally, there are credit quality risks inherent in municipal bonds, which could affect the fund's performance. Economic downturns may also pose threats to the ability of municipalities to meet their obligations, potentially impacting the fund's returns.
How does MYMI's active management strategy benefit investors?
MYMI's active management strategy allows the fund to dynamically adjust its portfolio based on changing market conditions and economic indicators. This approach enables the management team to allocate capital to the most attractive sectors and issuers within the municipal bond market, potentially enhancing returns while managing risks.
What are the key factors to evaluate for MYMI?
State Street My2029 Municipal Bond ETF (MYMI) holds an AI score of 47/100 (low). State Street My2029 Municipal Bond ETF (MYMI) is strategically positioned to capitalize on the growing demand for tax-exempt income investments. Not financial advice.
How frequently does MYMI data refresh on this page?
MYMI's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven MYMI's recent stock price performance?
State Street My2029 Municipal Bond ETF (MYMI) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Defined maturity date aligns with investor cash flow needs. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider MYMI overvalued or undervalued right now?
State Street My2029 Municipal Bond ETF (MYMI) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research MYMI before investing?
Before investing in State Street My2029 Municipal Bond ETF (MYMI), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Data is based on current market conditions and may be subject to change.