State Street Investment Management today announced the expansion of its MyIncome ETF suite with the launch of three actively managed target maturity ETFs: the State Street® My2036 Corporate Bond ETF (MYCP), the State Street® My2032 High Yield Corporate Bond ETF (MYHF), and the State Street® My2032 Municipal Bond ETF (MYML).

The lineup is designed to give investors a more efficient way to build customized bond ladders.

The launch comes as the State Street MyIncome ETF suite surpasses $1 billion in assets under management, underscoring investor interest in tools that they may use to help manage their cash flow, interest rate risk, and liquidity needs.

State Street Investment Management developed the State Street MyIncome ETF suite in 2024 as the first actively managed corporate and municipal target maturity bond ETFs in the U.S. market. The firm expanded the suite with high yield corporate bonds earlier this year and now offers actively managed target maturity ETFs across corporate, high yield, and municipal bonds. These new funds extend the suite with additional vintages in longer-dated maturity years.

“As investors demand reliable sources of income amid an evolving rate environment, bond ladders can offer a practical way to build more predictable cash flows and manage maturity exposure,” said Anna Paglia, Chief Business Officer for State Street Investment Management. “With our MyIncome suite, investors benefit from the bond selection and expertise of our portfolio managers across corporate, high yield, and municipal bond funds.”

State Street Investment Management actively manages the funds with the aim of enhancing the income profile of a target maturity ETF portfolio while managing for liquidity, sector, issuer concentration, and broader macro risks. The funds are designed to distribute any remaining principal and liquidate on or about December 15 in their final year of maturity.