State Street Investment Management has announced the launch of the SPDR® SSGA My2035 Corporate Bond ETF (MYCO) and the SPDR® SSGA My2031 Municipal Bond ETF (MYMK), expanding its SPDR MyIncome ETF Suite in the U.
S. market. The two new funds build upon the SPDR MyIncome ETF Suite, which was introduced in 2024 as one of the first actively managed corporate and municipal target maturity bond ETFs available in the United States. This expansion aims to provide investors with additional options for fixed-income investing.
Anna Paglia, Chief Business Officer for State Street Investment Management, stated, “Our growing suite of MyIncome ETFs are designed to help investors pursue higher yields while simultaneously managing risk and cash drag, thanks to the bond selection and management expertise of our portfolio managers. Building a bond ladder with MyIncome, regardless of the market environment or the direction of interest rates, can potentially help build more reliable income streams.”The SPDR SSGA My2035 Corporate Bond ETF is primarily invested in corporate bonds maturing in 2035, while the SPDR SSGA My2031 Municipal Bond ETF focuses on municipal bonds maturing in 2031. Both funds are actively managed by State Street Investment Management’s Active Fixed Income Portfolio Management Team. They are structured to distribute any remaining principal and liquidate on or about December 15 in their final year of maturity.
The investment strategies of the SPDR® SSGA MyIncome ETFs are designed to allow the portfolio management team to maximize yield while preserving capital. This is achieved through a robust investment process and prudent risk management. State Street Investment Management’s active approach seeks to enhance the income profile of a target maturity ETF portfolio, alongside managing for liquidity, sector, issuer concentration, and broader macro risks.
State Street Investment Management, the asset management business of State Street Corporation (NYSE: STT), has been providing investment solutions for nearly half a century. The firm has a history of innovations in indexing and ETFs and manages over $5 trillion in assets as of June 30, 2025, serving clients in more than 60 countries.
