MYCJ vs VBCC

MYCJDState Street My2030 Corporate Bond ETF

VBCCAVanguard Target Maturity 2029 Corporate Bond ETF

In short

MYCJ A 2030 rung for a build-your-own bond ladder, with a twist: a manager picks the corporate bonds instead of an index. It holds them toward maturity, pays monthly, and plans to return remaining principal around December 15, 2030.

VBCC Vanguard's version of a single rung on a bond ladder: investment-grade corporates that all mature in 2029, wrapped in an ETF at 0.08% a year, under the typical fee in the target-maturity aisle.

Stated mandate

MYCJ The fund actively manages a target-maturity portfolio primarily of corporate bonds maturing in 2030. It seeks current income and capital preservation and plans to distribute remaining principal before liquidating around December 15, 2030.

VBCC The fund seeks to follow a market-weighted index of U.S.-dollar-denominated, investment-grade corporate bonds scheduled to mature in 2029.

Why people hold it

• MYCJ Target-maturity plumbing: corporate bonds maturing in 2030, income paid monthly, and a plan to distribute remaining principal and wind the fund up on or about December 15, 2030.
• Active, not an index clone: State Street's bond team picks issuers inside the 2030 bucket. Its MyIncome suite launched in 2024 as the first active corporate target maturity ETFs.statestreet.com
• Credit risk is spread across a couple hundred corporate issues, so one shaky borrower is a dent rather than a hole. The portfolio does what the prospectus says it does.

• VBCC At 0.08% a year it undercuts the target-maturity median and the established 2029 corporate rungs from iShares (IBDU) and Invesco (BSCT), both at 0.10%.
• Every bond in the index is scheduled to mature in 2029, so the portfolio has an end date instead of rolling on forever like a standard bond fund.
• Investment-grade US dollar corporates, market-weighted. No high-yield sleeve, no manager leaning on favorite issuers.
• Stacks up among the stronger builds in a crowded target-maturity field, on the back of low cost and a straightforward investment-grade portfolio.

Worth knowing

• MYCJ At 0.15% a year it runs above the category's big index ladders (IBDU and BSCU charge 0.10%). Active bond selection is what the extra buys.
• Small and lightly traded next to the entrenched iBonds and BulletShares rungs, so the spread you pay depends more on how and when you trade.
• Active means the portfolio can look different from the ICE 2030 Maturity US Corporate Index it references, and corporate credit risk stays live until the fund matures.

• VBCC Launched in 2026, so live history is short and it trades less actively than the long-running iShares and Invesco ladders. Limit orders matter more here.
• Corporate credit, not Treasuries. An investment-grade issuer can still be downgraded or miss a payment, and a 2029 maturity date does not erase that.
• Income is paid quarterly, so cash arrives four times a year rather than monthly.

Full MYCJ profile⁠

Full VBCC profile⁠