State Street Unveils High Yield Target Maturity ETF Suite

On Thursday, February 26, 2026, State Street Investment Management expanded its ever-growing collection of exchange-traded funds with the launch of five new funds. These new funds are part of an actively managed suite of high yield bond ladder ETFs. The new funds include the State Street My2027 High Yield Corporate Bond ETF (MYHA), State Street My2028 High Yield Corporate Bond ETF (MYHB), State Street My2029 High Yield Corporate Bond ETF (MYHC), State Street My2030 High Yield Corporate Bond ETF (MYHD), and the State Street My2031 High Yield Corporate Bond ETF (MYHE).

Each of these new funds invests in high yield corporate bonds, with a primary focus on those that reach an expiration date with the fund’s corresponding calendar year. For example, the State Street My2027 High Yield Corporate Bond ETF (MYHA) is generally filled with high yield corporates that hit maturity in 2027. The funds are all designed to liquidate and distribute remaining principal around December 15 of their respective calendar year. 

When picking bonds to invest in, the new State Street ETFs seek to fill their portfolios with a bottom-up selection process. This is done not only to find the most attractive securities of their class, but to overweight within the more compelling issuers and sectors. 

A Streamlined Approach to High Yield Bonds

High yield bonds continue to be an extremely attractive vehicle for investors looking to amplify portfolio income. However, they obviously come with added risk. State Street’s longstanding expertise, combined with these funds’ active management teams and laddered portfolios, can help mitigate much of that undue risk factor. 

“In addition to helping manage interest rate risk, bond ladders are an effective strategy for providing income-oriented investors with predictable cash flows and liquidity,” said Anna Paglia, chief business officer for State Street Investment Management. “Our MyIncome ETF suite debuted in 2024 to provide investors with the ability to build bond ladders without having to manage a cumbersome portfolio of individual securities. Expanding this suite to include five actively managed high yield corporate bond target maturity ETFs gives investors the ability to further customize their bond ladders while seeking enhanced income opportunities.”

State’s Street’s other MyIncome ETF solutions have already provided attractive, consistent results to their investors. For instance, the State Street My2028 Corporate Bond ETF (MYCH) has an average coupon of 4.35%, as of February 25, 2026.

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