State Street My2029 High Yield Corporate Bond ETF
MYHC
NASDAQ Global Market- -
USD
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Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- CEO
- Yie-Hsin Hung
- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- One Iron Street Boston MA United States of America 02210
- IPO Date
- Feb 26, 2026
- Website
- ssga.com
- Similar Companies
- Business
- State Street My2029 High Yield Corporate Bond ETF (MYHC) is an actively managed exchange-traded fund that seeks to provide targeted exposure to high yield corporate bonds maturing around 2029, employing a target maturity strategy designed to maximize yield while preserving capital. The ETF primarily invests in U.S. dollar-denominated high yield corporate bonds with effective maturities clustered in 2029, potentially including bonds with embedded issuer call options; it may also hold bonds maturing up to six months before or after the target year to optimize the portfolio. Issued by SSGA Active Trust and managed by State Street Global Advisors (SSGA), the fund benefits from the fixed income expertise of SSGA's portfolio management team, focusing on risk-aware top-down sector allocation and bottom-up security selection. In a major expansion announced on February 25, 2026, State Street Investment Management launched five new actively managed target maturity high yield corporate bond ETFs, including MYHC alongside siblings MYHA (2027), MYHB (2028), MYHD (2030), and MYHE (2031), enhancing investors' bond laddering options. This followed SEC filings in September 2025 registering these high yield products, building on SSGA's prior introduction of actively managed target maturity ETFs in investment grade corporate and municipal bonds earlier that year. The launches represent a strategic extension of SSGA's MyIncome ETF suite, which had amassed approximately $298 million in assets under management by late January 2026. SSGA Active Trust, the registrant, is a Massachusetts business trust established on March 30, 2011, with principal operations at One Iron Street, Boston, Massachusetts. State Street Global Advisors, the investment adviser and a division of State Street Corporation founded in 1978, is headquartered in Boston and operates globally, serving institutional and intermediary investors with a broad array of ETFs, index funds, and active strategies across fixed income, equities, and alternatives. MYHC targets income-oriented investors seeking high yield fixed income with a defined maturity horizon, primarily in the U.S. market.