State Street My2031 High Yield Corporate Bond ETF (MYHE) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 17, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerState Street My2031 High Yield Corporate Bond ETF (MYHE) trades at $23.95. The State Street My2031 High Yield Corporate Bond ETF is an actively managed fund focusing on high-yield corporate bonds maturing in 2031. Sector: Financials.
Price as of · Last analyzed: Mar 17, 2026Analyst Coverage for MYHE: MYHE does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
State Street My2031 High Yield Corporate Bond ETF (MYHE) Financial Services Profile
State Street My2031 High Yield Corporate Bond ETF (MYHE) offers targeted exposure to high-yield corporate bonds maturing in 2031, employing active management to maximize income and preserve capital. As part of State Street's MyIncome ETFs, it facilitates custom bond ladder portfolios for managing interest rate risks and liquidity, aiming for liquidation around December 15, 2031.
What Is the Investment Thesis for MYHE?
The State Street My2031 High Yield Corporate Bond ETF presents a targeted investment vehicle for investors seeking exposure to high-yield corporate bonds with a defined maturity horizon. The fund's active management approach aims to enhance returns and manage risk through bottom-up security selection, focusing on bonds maturing in 2031. A key value driver is the potential for higher income generation compared to investment-grade bonds, although this comes with increased credit risk. The fund's target maturity structure allows for alignment with specific financial goals and liabilities, offering a degree of predictability in terms of cash flows and principal repayment. However, investors should be aware of the potential for fluctuations in net asset value due to changes in interest rates and credit spreads. The fund is designed to liquidate around December 15, 2031.
Based on FMP financials and quantitative analysis
MYHE Key Highlights
The fund employs an actively managed strategy, allowing for dynamic adjustments to the portfolio based on market conditions and security-specific analysis.
- MYHE focuses on high-yield corporate bonds, offering the potential for higher income compared to investment-grade bonds.
- The fund has a target maturity date of December 15, 2031, providing investors with a defined investment horizon.
- The fund is part of the State Street MyIncome ETFs suite, offering investors the ability to build custom bond ladder portfolios.
- The fund seeks to maximize current income while seeking preservation of capital, balancing risk and return.
Who Are MYHE's Competitors?
MYHE is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| BLK BlackRock, Inc. | $1069.63 | -0.91% | $166B | 52 5-pillar |
| BX Blackstone Inc. | $111.80 | -1.38% | $135B | 69 5-pillar |
| APOS Apollo Global Management, Inc. | $25.43 | -0.66% | $74.6B | 56 5-pillar |
| BAM Brookfield Asset Management | $44.50 | -1.57% | $71.1B | 57 5-pillar |
| AMP Ameriprise Financial, Inc. | $490.46 | -1.24% | $44.1B | 78 5-pillar |
| ARES Ares Management Corporation | $115.75 | -1.69% | $38.0B | 57 5-pillar |
| TROW T. Rowe Price Group, Inc. | $104.07 | +0.45% | $22.3B | 80 5-pillar |
| ATHS Athene Holding Ltd. | $23.36 | -0.61% | $18.7B | 56 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are MYHE's Key Strengths?
Active management expertise.
- Target maturity structure.
- Part of the State Street MyIncome ETFs suite.
- Focus on high-yield corporate bonds.
What Are MYHE's Weaknesses?
Higher credit risk associated with high-yield bonds.
- Potential for fluctuations in net asset value.
- Reliance on active management performance.
- Limited diversification within the high-yield market.
What Are the Key Risks for MYHE?
Changes in interest rates could negatively impact the fund's net asset value.
- Economic downturn could lead to increased credit risk and defaults in the high-yield bond market.
- Increased competition from other target maturity ETFs could put pressure on fees and performance.
- High-yield corporate bonds carry a higher degree of credit risk compared to investment-grade bonds.
What Are MYHE's Competitive Advantages?
- Established brand and reputation of State Street.
- Active management expertise in high-yield corporate bonds.
- Target maturity structure provides a unique offering.
- Part of the State Street MyIncome ETFs suite, offering diversification.
What Does MYHE Do?
The State Street My2031 High Yield Corporate Bond ETF is designed to provide investors with a targeted exposure to the high-yield corporate bond market, specifically those bonds maturing in the year 2031. Established as part of the State Street MyIncome ETFs suite, MYHE offers a strategic tool for investors looking to manage interest rate risks, cash flows, and liquidity needs through custom bond ladder portfolios. The fund operates under an actively managed approach, where investment decisions are made based on in-depth, bottom-up security selection. This involves a detailed analysis of individual bonds to identify those that offer the most attractive risk-adjusted returns. The fund's primary objective is to maximize current income while simultaneously seeking preservation of capital. This dual mandate is pursued through a risk-aware investment process that emphasizes careful security selection and sector allocation. The fund aims to overweight sectors and issuers that are deemed to be the most attractive, based on factors such as credit quality, yield, and potential for capital appreciation. The fund is structured to distribute any remaining principal and liquidate on or about December 15, 2031, providing investors with a defined investment horizon. This target maturity feature allows investors to align their bond investments with specific future liabilities or financial goals. By focusing on high-yield corporate bonds, the fund offers the potential for higher returns compared to investment-grade bonds, but also carries a higher degree of credit risk. The active management strategy seeks to mitigate this risk through careful security selection and diversification.
What Products and Services Does MYHE Offer?
- Invests primarily in high-yield corporate bonds maturing in 2031.
- Employs an actively managed strategy to select individual bonds.
- Seeks to maximize current income while preserving capital.
- Provides exposure to the high-yield corporate bond market.
- Offers a target maturity date of December 15, 2031.
- Allows investors to build custom bond ladder portfolios.
- Distributes any remaining principal upon liquidation.
How Does MYHE Make Money?
- Generates revenue through management fees charged on assets under management (AUM).
- Employs an active management strategy to enhance returns.
- Focuses on high-yield corporate bonds with a target maturity.
- Offers a defined investment horizon with liquidation in 2031.
What Industry Does MYHE Operate In?
The State Street My2031 High Yield Corporate Bond ETF operates within the asset management industry, specifically focusing on fixed-income investments. The high-yield corporate bond market is characterized by higher credit risk but also offers the potential for higher returns compared to investment-grade bonds. The competitive landscape includes other target maturity ETFs and actively managed bond funds. Market trends include increasing demand for fixed-income products that offer both income and capital appreciation potential. The fund's active management approach and target maturity structure differentiate it from passive index-tracking ETFs.
Who Are MYHE's Key Customers?
- Individual investors seeking fixed-income exposure.
- Financial advisors building client portfolios.
- Institutional investors looking for targeted bond investments.
- Retirement savers seeking income and capital preservation.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is an etf, not an operating company
MYHE Financials
Bull Case vs Bear Case
Bull Case
- Active management expertise.
- Target maturity structure.
- Part of the State Street MyIncome ETFs suite.
- Focus on high-yield corporate bonds.
Bear Case
- Higher credit risk associated with high-yield bonds.
- Potential for fluctuations in net asset value.
- Reliance on active management performance.
- Limited diversification within the high-yield market.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
MYHE Latest News
No recent news available for MYHE.
MYHE Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for MYHE.
Price Targets
Wall Street price target analysis for MYHE.
MYHE MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for MYHE; grades run from A+ (80-100) to F (below 30).
Leadership: Yie-Hsin Hung
Chairman, President and Chief Executive Officer of State Street Global Advisors
Yie-Hsin Hung is the Chairman, President and Chief Executive Officer of State Street Global Advisors, the investment management arm of State Street Corporation. She brings extensive experience in the asset management industry, having held leadership positions at various firms. Her background includes expertise in investment strategy, portfolio management, and client relationship management. She is known for her focus on innovation and delivering value to clients.
Track Record: Since assuming her role, Yie-Hsin Hung has focused on enhancing State Street Global Advisors' investment capabilities and expanding its product offerings. She has also emphasized the importance of sustainable investing and incorporating environmental, social, and governance (ESG) factors into investment decisions. Her leadership has contributed to the firm's continued growth and success in a competitive market.
What Investors Ask About State Street My2031 High Yield Corporate Bond ETF (MYHE) — Financials
What are the main risks for MYHE?
The main risks for the State Street My2031 High Yield Corporate Bond ETF include credit risk, interest rate risk, and market risk. Credit risk refers to the possibility that issuers of the high-yield bonds in the fund's portfolio may default on their obligations.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Financial data limited to market cap and dividend yield.