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MYMF:NASDAQState Street My2026 Municipal Bond ETF Analysis

Data as of 2026-06-14 - not real-time

$24.88

Latest Price

4/10Risk

Risk Level: Medium

Executive Summary

The ETF trades at $24.88, just above the 20‑day SMA of 24.86 and essentially flat against the 50‑day SMA of 24.87, indicating price is hovering near short‑term support. The 14‑day RSI sits at 57.9, suggesting neutral momentum with a slight tilt toward the upside. Meanwhile the MACD histogram is positive (0.0037) and the signal line is bearish, producing a “bullish” MACD signal that could foreshadow a modest rebound. Volume is on an increasing trend despite the modest average daily volume (~270 shares), which may help sustain any price move. Volatility over the past 30 days is under 1 %, and the beta is essentially zero (‑0.003), reflecting the fund’s insulated exposure to broader market swings.
The fund’s expense ratio is a low 0.20 % and tracking error is zero, meaning costs and deviation from the benchmark are minimal. A max drawdown of only 0.86 % and a dividend yield of 2.54 % provide a relatively stable income profile. However, the “Extreme Greed” reading on the Fear & Greed Index (89.86) signals heightened market optimism that could compress yields. Liquidity remains a concern given the thin trading volume and a market cap of effectively zero, which may impede large trades. Overall, the ETF’s bearish trend direction combined with modest bullish technical signals and a short remaining life to 2026 suggest a cautious stance.

Market Outlook

Short Term

< 1 year
Neutral
Model confidence: 6/10

Key Factors

  • Bearish trend direction with price near short‑term SMA
  • Bullish MACD signal and increasing volume
  • Low volatility and near‑zero beta

Medium Term

1–3 years
Neutral
Model confidence: 7/10

Key Factors

  • Approaching 2026 target maturity providing predictable cash flow
  • Low expense ratio and zero tracking error
  • Stable dividend yield of 2.54 %

Long Term

> 3 years
Cautious
Model confidence: 8/10

Key Factors

  • Fund will wind down after 2026 maturity
  • High liquidity risk due to thin trading volume
  • Potential yield compression under extreme market optimism

Key Metrics & Analysis

Fund Metrics

Expense Ratio0.20%
AUM$8.7M
Inception Date2024-09-23
Avg Daily Volume270
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield2.54%

Technical Analysis

TrendBearish
RSI57.9
Support$24.83
Resistance$24.90
MA 20$24.86
MA 50$24.87
MA 200$24.93
MACDBullish
VolumeIncreasing
Fear & Greed Index89.86

Risk Assessment

Beta-0.00
Volatility0.99%
Currency RiskLow
Liquidity RiskHigh

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.