MYHD: STATE STREET(R) MY2030 HIGH YIELD CORPORATE BOND ETF
ETF Education Report: STATE STREET(R) MY2030 HIGH YIELD CORPORATE BOND ETF (MYHD)
What this ETF is trying to do
This ETF, known by its ticker symbol MYHD, focuses on high-yield corporate bonds. A bond is essentially a loan made to a company. Because "high-yield" bonds are often considered to have more risk, they typically pay higher interest to the people who lend them money. This ETF holds a variety of these different loans.
What the numbers show
As of October 6, 2026, the current price of one share is $24.29.
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. Without these numbers, we cannot see how much the share price has moved up or down over the last year.
Income and distribution explanation
Some investors look at ETFs specifically to receive regular cash payments, called distributions.
• Distribution Yield: This ETF has a distribution yield of approximately 4.35%. This number describes the cash payments relative to the current share price.
• Trailing Distributions: Over the last year, the trailing distributions were approximately $1.06 per share.
• Frequency: The fund usually pays out distributions 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 "total return." Total return includes both the cash you receive and any change in the share price. A high yield does not guarantee that your total investment will grow.
NAV erosion explanation
"NAV erosion" is a term used to describe when the actual value of the assets inside an ETF decreases over time. While a falling share price can sometimes look like erosion, they are not always the same thing. For this ETF, there is no severe erosion-risk flag present, and the erosion score was withheld due to insufficient verified price history.
Top Holdings
The following are some of the top holdings in this ETF. Please note that this is a partial list, as the fund holds 182 different assets. Holdings can change over time.
• Tenet Healthcare Corporation 4.375% (1.57%)
• Centene Corp. 3% (1.46%)
• Transdigm, Inc. 6.875% (1.33%)
• OneMain Financial Corporation 7.875% (1.26%)
• Nissan Motor Co Ltd. 4.81% (1.21%)
• Athenahealth Group Inc. 6.5% (1.19%)
• Standard Building Solutions Inc. 4.375% (1.16%)
• Caesars Entertainment Inc. 7% (1.14%)
• Voltagrid LLC 7.375% (1.14%)
• Sabre Glbl Inc. 10.75% (1.03%)
Pros
• The ETF provides regular cash distributions.
• It offers exposure to a wide variety of corporate bonds (182 total holdings).
Cons
• Detailed price return and total return data were not available for this report.
• High-yield bonds generally carry more risk than other types of bonds.
Beginner takeaway
When looking at an ETF like MYHD, it is important to look at more than just the distribution yield. While the 4.35% yield provides cash, you should also look at the total return to see if the share price is growing or shrinking. Always remember that receiving cash distributions does not guarantee your original 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 | n/a | n/a | 2.61% |
| 2 | n/a | n/a | 2.14% |
| 3 | n/a | n/a | 1.65% |
| 4 | TENET HEALTHCARE CORPORATION 4.375% | n/a | 1.57% |
| 5 | n/a | n/a | 1.53% |
| 6 | CENTENE CORP. 3% | n/a | 1.46% |
| 7 | n/a | n/a | 1.33% |
| 8 | TRANSDIGM, INC. 6.875% | n/a | 1.33% |
| 9 | ONEMAIN FINANCIAL CORPORATION 7.875% | n/a | 1.26% |
| 10 | NISSAN MOTOR CO LTD. 4.81% | n/a | 1.21% |