MYHB: STATE STREET(R) MY2028 HIGH YIELD CORPORATE BOND ETF
ETF Education Report: STATE STREET(R) MY2028 HIGH YIELD CORPORATE BOND ETF (MYHB)
What this ETF is trying to do
The MYHB ETF is designed to invest in high-yield corporate bonds. These are essentially loans made to companies that pay interest. This specific fund focuses on bonds that mature around the year 2028.
What the numbers show
As of October 6, 2026, the current price of one share is $24.66.
It is important to note that specific performance data, such as the year-to-date price return or the one-year total return, was not supplied in this report. Because this data is missing, we cannot say how much the share price has changed over the last year or how the total investment has performed.
Income and distribution explanation
Some investors look at ETFs to receive regular cash payments, known as distributions.
• Distribution Yield: This ETF has a distribution yield of approximately 3.82%. This number describes the cash distributions relative to the current share price.
• Trailing Distributions: Over the last year, the trailing distributions were $0.94 per share.
• Frequency: The fund usually pays out quarterly, though it has had 7 payouts in the last 12 months.
It is vital to remember that a high distribution yield is not the same as a total return. A high yield tells you how much cash was paid out, but it does not account for whether the share price went up or down.
NAV erosion explanation
"NAV erosion" is a term used to describe a decline in the Net Asset Value (the actual value of the assets held by the fund). While a falling share price can sometimes be related to erosion, they are not the same thing.
For this ETF, there is no severe erosion-risk flag present. However, the report notes that the erosion score is withheld because there is not enough verified price history available to calculate it.
Top Holdings
The following are some of the top holdings in this fund. Please note that this is a partial list, as the ETF holds a total of 128 different assets. Holdings can change over time.
• Centene Corp. (2.03%)
• Tenneco LLC 8% (1.74%)
• Transdigm, Inc. 6.375% (1.54%)
• Aramark Services, Inc. 5% (1.53%)
• Sunoco LP / Sunoco Finance Corp. 5.875% (1.53%)
• Avantor Funding Inc 4.625% (1.50%)
• Sirius XM Radio LLC 4% (1.49%)
• OneMain Financial Corporation 3.875% (1.47%)
• Bausch Health Companies Inc. 5% (1.44%)
• Maya S.A.S. 7% (1.44%)
Pros
• The fund provides regular cash distributions.
• It offers exposure to a wide variety of corporate bonds (128 total holdings).
Cons
• There is currently no supplied data to show the fund's price performance or total return.
• The income rating grade is a "D," with an income rating score of 55.
Beginner takeaway
When looking at high-yield bond ETFs like MYHB, it is important to look at more than just the distribution yield. Investors should try to find the "total return," which combines both the cash payments and the change in share price, to get a full picture of how the investment is doing.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | CENTENE CORP. 2.45% | n/a | 2.03% |
| 2 | TENNECO LLC 8% | n/a | 1.74% |
| 3 | TRANSDIGM, INC. 6.375% | n/a | 1.54% |
| 4 | ARAMARK SERVICES, INC. 5% | n/a | 1.53% |
| 5 | SUNOCO LP / SUNOCO FINANCE CORP. 5.875% | n/a | 1.53% |
| 6 | AVANTOR FUNDING INC 4.625% | n/a | 1.50% |
| 7 | SIRIUS XM RADIO LLC 4% | n/a | 1.49% |
| 8 | ONEMAIN FINANCIAL CORPORATION 3.875% | n/a | 1.47% |
| 9 | BAUSCH HEALTH COMPANIES INC. 5% | n/a | 1.44% |
| 10 | MAYA S.A.S. 7% | n/a | 1.44% |