State Street My2029 High Yield Corporate Bond ETFMYHC

State Street’s MYHC, the SPDR® My2029 high-return Corporate Bond ETF, is a wrapper around a basket of bonds maturing in or around 2029; the fund’s mandate is to track the performance of the ICE BofA BB-B U.S. high-return Constrained Index, not to forecast the next coupon reset. As of the issuer’s latest disclosure set, the fund holds high-return corporate bonds graded BB through B, with a smattering of CCCs that the index compiler has not yet purged. The fund’s prospectus language is clear: it is “not a complete investment program” and its return “will not match or achieve a high degree of correlation with the return of the index” because of operating expenses and transaction costs. (source: SEC EDGAR fund search for MYHC, https://www.sec.gov/edgar/search/#/q=MYHC)

What changed this week is nothing in the basket; the ETF moved with the market noise rather than leading it. The fund’s price on Nasdaq is a quote on a screen, not a trade you can execute at the printed spread, because high-return ETFs trade like illiquid credit tranches when the tape flickers. The issuer’s ETF centre shows the fund’s AUM figure-$1,940.32 billion across all SPDR ETFs as of March 31 2026-but MYHC sits in the noise beneath that skyscraper. State Street Investment Management’s own slide deck calls this “original solutions,” which for MYHC means repackaging a bond index and charging 0.12% per year for the pleasure. (source: State Street Investment Management (Official ETF issuer, https://www.ssga.com/us/en/intermediary/etfs)

The fund’s expense ratio is 0.12% and it distributes income monthly. State Street Bank and Trust Company acts as servicing agent, while SSGA Funds Management, Inc. is paid as adviser; State Street Global Markets, LLC, a FINRA member, distributes the units. The issuer’s dividend notice confirms the cash lands with investors after the internal recharges, but the headline fee is the only number most buyers ever see. (source: SSGA ETF Funds Dividend Distributions | State Street, https://www.ssga.com/us/en/intermediary/resources/documents/etf-dividend-distributions)

State Street’s product rail lists MYHC among fixed-income ETFs and insists the range covers “Sectors and Smart Beta to Fixed Income,” which is technically true if you squint at the menu. The fund’s holdings, concentration, and turnover are disclosed in the prospectus, not in the sitemap, so investors hunting for top ten names must dig into SEC filings rather than the glossy brochure. The sitemap merely confirms the ETF exists in the SPDR family; it does not reveal the bonds, the coupons, or the fees beneath the wrapper. (source: Products | State Street, https://www.ssga.com/us/en/intermediary/fund-finder; Sitemap | State Street, https://www.ssga.com/us/en/intermediary/sitemap)

For price context, the fund’s daily quote is on Nasdaq, but the spread is wide enough to make market orders feel like a friendly loan to the market maker. FINRA’s fund analyser can show you the expense drag over time, but it cannot tell you which bonds the fund will own next month because the index compiler decides that. If you want to know the current top holdings and concentration, the source requires readers to read the latest N-PORT filing on SEC EDGAR; the issuer’s marketing pages will not volunteer the data. (source: FINRA Fund Analyzer, https://tools.finra.org/fund_analyzer/; Nasdaq MYHC quote, https://www.nasdaq.com/market-activity/etf/myhc)