IBHF vs MYHC

IBHFAiShares iBonds 2026 Term High Yield and Income ETF

MYHCCState Street My2029 High Yield Corporate Bond ETF

In short

IBHF —No data

MYHC A 2029 rung of a bond ladder built from junk bonds instead of blue chips. Actively managed, and designed to pay out remaining principal and wind down on or about December 15, 2029, giving it the end date most bond funds never have.

Stated mandate

IBHF —No data

MYHC The fund uses an actively managed target-maturity strategy focused primarily on high-yield corporate bonds maturing in 2029. It is designed to distribute remaining principal and liquidate around December 15, 2029.

Why people hold it

IBHF —No data

• MYHC Has a finish line: built to distribute any remaining principal and liquidate on or about December 15, 2029, so it behaves more like a single bond than a fund that rolls its holdings forever.ssga.com
• Actively managed rather than rules-based, so the team chooses which 2029 high yield bonds to hold and which credits to leave alone.ssga.com
• Fills the high yield slot in a category built mostly of investment-grade and Treasury ladders (iShares iBonds Dec 2029 Term Corporate, iBonds Dec 2029 Term Treasury, BulletShares 2029 Corporate).
• Spreads credit risk across roughly 160 bonds instead of one issuer, and pays distributions quarterly.

Worth knowing

IBHF —No data

• MYHC At 0.39% a year, it costs meaningfully more than index-run 2029 ladders such as IBDU and BSCT at 0.10%.
• High yield means real default risk: what comes back at wind-up depends on the bonds actually paying, not on a fixed par value.
• A small fund launched in 2026 and thinly traded, so bid-ask spreads can be wide.

Full IBHF profile⁠

Full MYHC profile⁠