MYHC: STATE STREET(R) MY2029 HIGH YIELD CORPORATE BOND ETF
ETF Education Report: STATE STREET(R) MY2029 HIGH YIELD CORPORATE BOND ETF (MYHC)
What this ETF is trying to do
The MYHC ETF is an exchange-traded fund that focuses on high-yield corporate bonds. These are essentially loans made to companies that pay interest. This specific fund is designed to provide exposure to these types of bonds.
What the numbers show
As of October 6, 2026, the current price of one share is $24.58.
It is important to note that many performance figures were not supplied in the current data. We do not have information regarding the year-to-date (YTD) price return, the one-year price return, or the three-year price return. Because this data is missing, we cannot say how much the share price has changed over those specific time periods. Additionally, total-return data—which would show the overall gain or loss including distributions—was not supplied.
Income and distribution explanation
Some investors look at ETFs specifically to receive regular cash payments, known as distributions.
The distribution yield for MYHC is approximately 4.27%. This number describes the cash distributions relative to the current ETF price. It is important to remember that a distribution yield is not the same as a total return.
Over the last 12 months, the trailing distributions were $1.05 per share. The fund has made 7 payments in the last year, and it usually pays out on a quarterly basis.
NAV erosion explanation
"NAV erosion" refers to 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 NAV changes, they are not the same thing.
For this ETF, there is no severe erosion-risk flag present. However, the erosion score is currently withheld because there is not enough verified price history available to provide a rating.
Top Holdings
The following are some of the top holdings in this fund. Please note that this list is partial, meaning it only shows some of the 164 total holdings. Holdings can change over time.
• TRANSDIGM, INC. 6.375%: 2.07%
• CENTENE CORP. 4.625%: 1.68%
• CLOUD SOFTWARE GROUP INC. 9%: 1.54%
• TIBCO SOFTWARE INC 6.5%: 1.52%
• ECHOSTAR CORP. 10.75%: 1.43%
• ACRISURE LLC / ACRISURE FIN INC 4.25%: 1.40%
• SUNOCO LP 4.5%: 1.39%
• NEPTUNE BIDCO US INC. 9.29%: 1.35%
• STAPLES, INC. 10.75%: 1.08%
• PITNEY BOWES INC. 7.25%: 1.03%
Pros
• The fund provides regular cash distributions.
• It offers exposure to a wide variety of corporate bonds (164 total holdings).
Cons
• Many key performance metrics, such as price returns and total returns, were not supplied.
• The income rating grade is currently a "D."
Beginner takeaway
When looking at high-yield ETFs, it is important to look at more than just the distribution yield. While receiving cash payments can be helpful, you should also look for total return data to see how the share price is performing overall. Always remember that a high yield does not guarantee that your initial investment will stay the same value.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | TRANSDIGM, INC. 6.375% | n/a | 2.07% |
| 2 | CENTENE CORP. 4.625% | n/a | 1.68% |
| 3 | CLOUD SOFTWARE GROUP INC. 9% | n/a | 1.54% |
| 4 | TIBCO SOFTWARE INC 6.5% | n/a | 1.52% |
| 5 | ECHOSTAR CORP. 10.75% | n/a | 1.43% |
| 6 | ACRISURE LLC / ACRISURE FIN INC 4.25% | n/a | 1.40% |
| 7 | n/a | n/a | 1.40% |
| 8 | SUNOCO LP 4.5% | n/a | 1.39% |
| 9 | NEPTUNE BIDCO US INC. 9.29% | n/a | 1.35% |
| 10 | n/a | n/a | 1.15% |