State Street Investment Management launches MyIncome target-maturity bond ETFs MYCP, MYHF, MYML
STT•State Street launches three MyIncome target-maturity bond ETFs
State Street Investment Management launches MyIncome target-maturity bond ETFs MYCP, MYHF, MYML
- State Street launched three actively managed target maturity bond ETFs in its MyIncome suite: MYCP, MYHF, MYML.
- New funds add longer-dated maturity exposure across corporate bonds, high yield corporate bonds, and municipal bonds.
- MyIncome suite assets reached $1.16 billion as of Aug. 31, 2026, signaling rising demand for bond-ladder tools.
- ETFs aim to support customized bond ladders, managing cash flow, interest rate risk, and liquidity needs.
- Funds target liquidation around Dec. 15 in the final maturity year, distributing remaining principal to shareholders.
