ETF Evaluator: State Street® My2035 Corporate Bond ETF () Follow This ETF

State Street® My2035 Corporate Bond ETF Overview

State Street® My2035 Corporate Bond ETF (MYCO) is an actively managed Taxable Bond Target Maturity exchange-traded fund (ETF). State Street Investment Management launched the ETF in 2025.

The investment seeks to maximize current income while seeking preservation of capital. Under normal circumstances, the adviser invests at least 80% of the fund's net assets (plus borrowings for investment purposes) in corporate bonds. The fund primarily invests in corporate bonds maturing in the year 2035, which may include bonds with embedded issuer call options falling within that year. The fund may also invest in corporate bonds with maturity dates within six months prior to or after the fund's target maturity year. It is non-diversified.

About State Street® My2035 Corporate Bond ETF (MYCO)

There are 2 members of the management team with an average tenure of 0.87 years: John Mele (2025) and Sprague Rient (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.

State Street® My2035 Corporate Bond ETF has 95 securities in its portfolio. The top 10 holdings constitute 21.6% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

State Street® My2035 Corporate Bond ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. State Street® My2035 Corporate Bond ETF has 7.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 99.0% (92.1% domestic bond, 7.0% foreign bond and 0.0% convertible bond). State Street® My2035 Corporate Bond ETF has 1.0% of the portfolio in cash.

Assets Under Management

The fund has $7 million in total assets, which is below the $585 million average for the Target Maturity category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

MYCO Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The State Street® My2035 Corporate Bond ETF expense ratio is low compared to funds in the Target Maturity category. State Street® My2035 Corporate Bond ETF has an expense ratio of 0.15%, which is 6% lower than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. State Street® My2035 Corporate Bond ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 40% for the Target Maturity category.

Recently, in the month of July 2026, State Street® My2035 Corporate Bond ETF returned -1.6%, which earned it a grade of F, as the Target Maturity category had an average return of -0.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

State Street® My2035 Corporate Bond ETF has a trailing yield of 0.00%, which is below the 5.56% category average. The fund normally distributes its income monthly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

State Street® My2035 Corporate Bond ETF Grades

Year to date, the ETF has returned -1.0%, 1.2 percentage points worse than the category, which translates into a grade of D.

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