State Street My2028 High Yield Corporate Bond ETF

State Street My2028 High Yield Corporate Bond ETF

MYHB
State Street My2028 High Yield Corporate Bond ETFUS flagNASDAQ Global Market
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USD
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Yie-Hsin Hung
Sector
Financial Services
Industry
Asset Management - Bonds
Address
1 Iron Street Boston MA United States of America 2210
IPO Date
Feb 26, 2026
Website
ssga.com
Business
State Street My2028 High Yield Corporate Bond ETF (MYHB) is an actively managed exchange-traded fund that seeks to maximize current income while preserving capital through targeted exposure to high yield corporate bonds maturing around 2028. The fund primarily invests in U.S. dollar-denominated high yield corporate bonds with maturities falling within or near the 2028 target year, potentially including bonds with embedded issuer call options; it may also employ derivative instruments such as futures contracts, interest rate swaps, credit default swaps, and options on treasury futures to manage yield, duration, weighted average maturity, and credit quality exposure. Designed to liquidate and distribute remaining principal on or about December 15, 2028, MYHB forms part of State Street Investment Management's MyIncome suite of target maturity ETFs, enabling investors to construct custom bond ladders. Launched in February 2026 as one of five new MyIncome High Yield Corporate Bond ETFs (alongside MYHA, MYHC, MYHD, and MYHE covering 2027-2031 maturities), MYHB represents State Street's expansion into high yield target maturity strategies, building on its prior actively managed corporate bond ETFs like the My2028 Corporate Bond ETF (MYCH). This launch enhances investors' bond laddering options amid a focus on yield optimization in fixed income portfolios. The ETF is managed by State Street Investment Management, the asset management arm of State Street Global Advisors, founded in 1978 and headquartered in Boston, Massachusetts, with global operations serving institutional and retail investors worldwide.