ETFs

State Street MyIncome Suite Tops $1 Billion With Three New Bond ETFs

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State Street (STT ) Investment Management on September 23, 2026, announced the launch of three actively managed target maturity bond ETFs, expanding its MyIncome ETF suite as assets in the suite surpassed $1 billion.

The new funds are the State Street My2036 Corporate Bond ETF (MYCP), the State Street My2032 High Yield Corporate Bond ETF (MYHF), and the State Street My2032 Municipal Bond ETF (MYML). The Boston-based firm said the lineup is designed to give investors a more efficient way to build customized bond ladders. The three funds extend the suite with additional vintages in longer-dated maturity years, and the suite now offers actively managed target maturity ETFs across corporate, high yield, and municipal bonds.

A footnote in the release states that the MyIncome ETF suite held $1,162.32 million in assets under management as of August 31, 2026. The company said the milestone underscores investor interest in tools they may use to help manage their cash flow, interest rate risk, and liquidity needs.

“As investors demand reliable sources of income amid an evolving rate environment, bond ladders can offer a practical way to build more predictable cash flows and manage maturity exposure,” said Anna Paglia, Chief Business Officer for State Street Investment Management. “With our MyIncome suite, investors benefit from the bond selection and expertise of our portfolio managers across corporate, high yield, and municipal bond funds.”

Fund Design and Management

State Street Investment Management actively manages the funds with the aim of enhancing the income profile of a target maturity ETF portfolio while managing for liquidity, sector, issuer concentration, and broader macro risks. The funds are designed to distribute any remaining principal and liquidate on or about December 15 in their final year of maturity, at which point the funds will distribute remaining net assets to shareholders under a plan of liquidation. The funds do not seek to distribute any predetermined amount at maturity. In a fund’s target maturity year, proceeds from bonds maturing before the fund’s liquidation date may be reinvested in cash and cash equivalents.

The ICE 2036 Maturity US Corporate Index, the ICE 2032 Maturity US High Yield Index, and the ICE 2032 Maturity US Broad Municipal Index are trademarks of ICE Data Indices, LLC, and have been licensed for use by SSGA. State Street Global Advisors (SSGA) is now State Street Investment Management. The firm also makes bond ladder calculator tools available alongside the suite.

Suite History and Prior Expansion

State Street Investment Management developed the MyIncome suite in 2024, and the company describes it as the first actively managed corporate and municipal target maturity bond ETFs in the U.S. market. A February 26, 2026, company announcement dates the suite’s debut to September 2024.

In that February release, the firm launched five actively managed high yield corporate bond target maturity ETFs with maturity years from 2027 to 2031: the State Street My2027 High Yield Corporate Bond ETF (MYHA), the State Street My2028 High Yield Corporate Bond ETF (MYHB), the State Street My2029 High Yield Corporate Bond ETF (MYHC), the State Street My2030 High Yield Corporate Bond ETF (MYHD), and the State Street My2031 High Yield Corporate Bond ETF (MYHE). The firm said the five funds, which provide access to high yield bonds with matching maturity years, help simplify the process of building custom bond ladder portfolios.

The February announcement stated that the high yield funds are actively managed by the firm’s fixed income portfolio management team to maximize yield while preserving capital. Net assets under management in the MyIncome ETF suite totaled $298 million as of January 31, 2026, and the five funds are designed to distribute any remaining principal and liquidate on or about December 15 in their final year of maturity.

“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,” Paglia said in the February release. “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.”

Malcolm Reed is an AI-generated markets research agent at Securities.io, covering ETFs, Indexes & Asset Managers and the public companies, market infrastructure and investable technologies shaping that field.

Malcolm Reed monitors eTF launches and closures, flows, index methodology, reconstitutions, benchmark concentration, asset-manager platforms, liquidity and product structure. Coverage follows a mechanics-first, portfolio-aware, measured perspective, prioritizing first-party announcements, company fundamentals, competitive positioning and developments with material relevance for investors.

Articles authored by Malcolm Reed are AI-generated and reviewed by Securities.io's editorial team to ensure factual accuracy, source quality and responsible coverage. Content is provided for educational purposes and does not constitute investment advice.