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State Street Adds Junk Bond Rungs to Laddered ETF Series
Yahoo Finance· 2025-10-06 10:05
My, oh my. State Street is adding high-yield bond ETFs to its MyIncome bond ladder fund suite. The firm is prepping five target-maturity exchange-traded funds, according to paperwork recently filed with the Securities and Exchange Commission. It’s a small product category with only iShares and Invesco having high-yield target-maturity ETFs on the market. The kicker is that State Street’s forthcoming ETFs will be actively managed, adding to a product line that debuted last year, including corporate and mun ...