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Launched

State Street My2031 High Yield Corporate Bond ETF

MYHENasdaqSPDRC

$23.610.00 (−0.01%)

At close: Nov 2, 2026, 4:00 PM ET

C43/ 100

Rank 17 of 21 in Defined-Maturity High Yield

C43/100Rank 17 of 21inDefined-Maturity High Yield
Intraday session: down, 78 prints from 23.62 to 23.61. Range 23.61 to 23.68. Use the arrow keys to read each point.23.6323.6423.6523.6623.6723.6810 AM12 PM2 PM4 PM
Expense ratio
0.39%
Fund size
$6M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
171
Avg volume · 30D
1.56K sh
52W range
low $23.60high $26.36
Launched

The ETF.net MYHE Grade

Based on 5 of 6 pillars

C

Score 43 out of 100

Category
Defined-Maturity High Yield⁠
Rank
17 of 21
Six-pillar profile for MYHE. Scores out of 100: Cost 55, Risk 13, Mission not scored, Tradability 45, Holdings 61, Durability 23. Strongest: Holdings (61). Weakest: Risk (13). Based on 5 of 6 pillars.

Score 43 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B55 out of 100
    Rank 8 of 21

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F13 out of 100
    Rank 21 of 21

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C45 out of 100
    Rank 12 of 21

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B61 out of 100
    Rank 12 of 21

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F23 out of 100
    Rank 18 of 21

Our read on MYHE

ETF.net Research

In short

CA bond fund with a bond's ending. MYHE holds high-yield corporates maturing in 2031, then aims to hand back remaining principal and wind down around December 15, 2031. The twist: a live manager picks the credits instead of an index doing it.

Stated mandate

The fund actively manages a target-maturity portfolio primarily of high-yield corporate bonds maturing in 2031. It seeks current income and capital preservation and is designed to distribute remaining principal and liquidate around December 15, 2031.

Why people hold it

  • Built to mature, not to run forever: it targets bonds maturing in 2031 and is designed to distribute remaining principal and liquidate around December 15, 2031.ssga.com
  • Actively managed in a corner of the market built on index ladders like IBDU and BSCU, using the ICE 2031 Maturity US High Yield Index as its reference point.
  • Roughly 150 bonds spread single-issuer credit risk across the portfolio, and the fund pays income quarterly.

Worth knowing

  • Active costs money: 0.39% a year, while the typical target-maturity bond ETF sits near a tenth of a percent.
  • Small and lightly traded, which can mean wider bid-ask spreads than the big index-based ladders in the category.
  • High-yield corporates sit below investment grade, so default and credit risk ride along. The fund launched in 2026, so its track record is short.

MYHE Performance

Launched Feb 25, 2026

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
MYHE$9,773
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,141
Jul 31, 2026 to Oct 30, 2026. MYHE $9,773. SPY $10,141. Use the arrow keys to read each point.$9,750$10,000$10,250$10,500Jul 2026Sep 2026Oct 2026

Jul 31, 2026 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for MYHE. Periods over one year show the average yearly return.
PeriodMYHE
Year to dateFund launched this yearNo data
1 month−0.3%
3 months−2.3%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for MYHE
YearReturn barMYHE
2026 YTD−1.0%

History from Feb 26, 2026

MYHE in the news

MYHE Dividends

Last payment
$0.15 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 7 payments in 2026 YTD. Apr 1, 2026 $0.16; May 1, 2026 $0.14; Jun 1, 2026 $0.14; Jul 1, 2026 $0.14; Aug 3, 2026 $0.15; Sep 1, 2026 $0.14; Oct 1, 2026 $0.15. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 5, 2026$0.15
Oct 1, 2026Oct 6, 2026$0.15
Sep 1, 2026Sep 4, 2026$0.14
Aug 3, 2026Aug 6, 2026$0.15
Jul 1, 2026Jul 7, 2026$0.14
Jun 1, 2026Jun 4, 2026$0.14
May 1, 2026May 6, 2026$0.14
Apr 1, 2026Apr 6, 2026$0.16

MYHE Risk

Risk pillarF13 out of 100Rank 21 of 21 in Defined-Maturity High Yield
How much the fund’s monthly returns vary, scaled to a year.
Launched Feb 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
Launched Feb 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
Launched Feb 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.14
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

MYHE Cost

Compare MYHE and IBHF

Overpaying vs IBHF, tied cheapest in Defined-Maturity High Yield

$772

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • MYHE 0.39%

    $7,898

  • IBHF 0.35% Tied cheapest

    $7,126

$10,000
30 years

Cost over time

  • MYHE 0.39%
  • IBHF 0.35%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530MYHE $7,898IBHF $7,126

Year by year

YearMYHEIBHFOverpaying
10$705$634$71
20$2,725$2,454$271
30$7,898$7,126$772

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