SPDR Portfolio High Yield Bond ETF (SPHY)
| Assets | $6.80B |
| Expense Ratio | 0.05% |
| PE Ratio | 58.73 |
| Shares Out | 287.40M |
| Dividend (ttm) | $1.83 |
| Dividend Yield | 7.82% |
| Ex-Dividend Date | Dec 19, 2024 |
| Payout Ratio | 458.96% |
| 1-Year Return | +0.47% |
| Volume | 3,845,203 |
| Open | 23.29 |
| Previous Close | 23.29 |
| Day's Range | 23.29 - 23.46 |
| 52-Week Low | 22.82 |
| 52-Week High | 24.07 |
| Beta | 0.46 |
| Holdings | 1923 |
| Inception Date | Jun 18, 2012 |
About SPHY
Fund Home PageThe SPDR Portfolio High Yield Bond ETF (SPHY) is an exchange-traded fund that is based on the ICE BofA US High Yield index. The fund tracks an index that measures the performance of USD-denominated junk bonds. SPHY was launched on Jun 18, 2012 and is issued by State Street.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.145 | n/a |
| Dec 2, 2024 | $0.148 | Dec 5, 2024 |
| Nov 1, 2024 | $0.154 | Nov 6, 2024 |
| Oct 1, 2024 | $0.150 | Oct 4, 2024 |
| Sep 3, 2024 | $0.155 | Sep 6, 2024 |
| Aug 1, 2024 | $0.152 | Aug 6, 2024 |
News
SPHY: A Neutral Risk/Reward Today
Interest rates have fallen recently, and despite initial inflation concerns post-election, disappointing economic data has led to softer Treasury rates. SPHY offers a 7.5% yield to maturity with a low...
Undercovered ETFs: Nuclear, Uranium, China, India +
The 'Undercovered' Dozen series highlights lesser-covered ETFs, offering insights from various authors on potential investment opportunities and market trends. Global X Uranium ETF is seen as well-pla...
How To Invest $100,000 For A High-Yield Monthly Dividend Portfolio
Monthly payers like DIA, JEPI, JEPQ, and SPHY provide consistent income, making them attractive for income-focused investors. DIA offers exposure to the Dow Jones Industrial Average, balancing growth ...
SPHY: Simple, Strong High-Yield Bond ETF, 7.7% Yield
SPHY is a simple high-yield corporate bond ETF. SPHY offers a strong 7.7% yield, low 0.05% expense ratio, and consistent outperformance, making it a compelling high-yield corporate bond ETF. Despite a...
SPHY: Keep It On A Watch List
Junk bonds offer high yield but come with default risk, which may be mispriced in the current economic cycle. SPDR® Portfolio High Yield Bond ETF provides exposure to diversified high-yield bonds with...
The rotation into small caps is becoming real, State Street's Anna Paglia
Anna Paglia, Executive Vice President and Chief Business Officer for State Street Global Advisors, joins CNBC's Bob Pisani on ‘ETF Edge' on the ‘Halftime Report' to discuss the rotation into small cap...
U.S. Weekly Fund Flows Insight Report: Equity ETFs Attract $20.9 Billion, Largest Weekly Intake Of 2024
During LSEG Lipper's fund flows week that ended June 26, 2024, investors were overall net purchasers of fund assets for the eighth week in 10, adding a net $14.3 billion. Both active and passive fixed...
SPHY: Giving Up High Yields For Investment Grade (Rating Downgrade)
SPDR Portfolio High Yield Bond ETF has delivered a decent total return of 17.3% since we initiated our bullish view 18 months ago. However, high-yield bonds are no longer as deeply discounted and attr...
3 Reasons To Pick High-Yield Bonds And Loans Over Equities
Federal Reserve hikes have led to sharply higher rates across fixed-income asset classes. High-yield bonds and senior loans offer particularly attractive yields, in the 7.5% - 10.5% range. Yields are ...
SPHY ETF: Be Very Careful (Rating Downgrade)
SPDR Portfolio High Yield Bond ETF faces significant credit risk headwinds due to economic softening. The ETF's option-adjusted spread, paired with its duration figures, spell excess credit duration i...
SPHY: Junk Bond Spreads Are Far Too Low Given Debt Maturity Wall
Bond market volatility has been unusually low, raising concerns about potential market shocks and skewed expectations. High-yield bonds, such as SPHY, have low yield spreads to Treasuries, meaning the...
SPHY Vs. FALN: Which High-Yield Corporate Bond ETF Is Best For Retirees?
SPHY and FALN are my top two high-yield corporate bond ETF picks.
Overpriced Junk: SPDR Portfolio High Yield Bond ETF
The SPDR Portfolio High Yield Bond ETF is a large and highly diversified high yield ETF. The Fund's performance has been modest since inception and is diminished materially by taxes and inflation. Inv...
Juan's Top Dividend ETFs For 2024
On Seeking Alpha, I focus on dividend ETFs targeted towards income investors and retirees. Dividend ETFs focusing on bonds and fixed-income securities have seen significant dividend growth these past ...
Consider Selling HYG And Buying SPHY Or USHY Instead
HYG is the largest high-yield bond ETF in the market. It is not a particularly good choice. A look at the fund, and some better alternatives, follows.
4 Strong High-Yield Corporate Bond ETFs, With Yields Of 5.2% - 7.4%
Federal Reserve hikes have caused yields to increase across fixed-income asset classes. High-yield bonds and bond funds offer particularly high, growing yields. An overview of four of these funds foll...
3 Reasons To Invest In High-Yield Corporate Bond ETF SPHY
SPHY offers diversified exposure to high-yield corporate bonds with a strong 7.4% dividend yield. SPHY has an expense ratio of 0.05%, lowest in its peer group. An overview of the fund follows.
SPHY ETF: Rare Opportunity For Price Gains
Key indicators suggest the SPDR® Portfolio High Yield Bond ETF might benefit from price returns in the coming quarters. Although the exchange-traded fund's historical returns primarily derived from di...
Skip-A-Dee-Doo-Dah: Fed Preview And A Spotlight On SPHY, U.S. Junk Bonds
The Fed is expected to hold its policy rate on Wednesday, and all eyes and ears will be on Jay Powell's afternoon press conference. Amid continued bond market volatility and easing inflation indicator...
Best High-Yield Corporate Bond ETFs For Income Investors And Retirees
High-yield corporate bond ETFs offer strong, growing dividends, with HYGV, FALN, and SPHY standing out as strong investment opportunities. HYGV provides a particularly strong 8.4% yield, FALN offers a...
SPHY: More Patience Is Required
SPHY owns a portfolio of mostly high-yield bonds in the United States. The fund currently offers an attractive 30-day SEC yield of 8.97%.
3 Reasons SPHY Is One Of The Best Long-Term High-Yield Corporate Bond ETFs
High-yield corporate bond ETFs all offer investors strong, growing dividends. There are potential capital gains too, contingent on interest rates normalizing. High-yield corporate bond ETFs are almost...
SPHY: Final Call To Catch Peak Yields
U.S. bond yields have crept higher over the past several trading sessions, presenting an attractive entry point for investors looking to lock in yields near the October peak. We remain convinced that ...
SPHY May Have A Place In Your Portfolio
This ETF is comprised of below-investment-grade bonds. With rates rising, the junk world spreads are starting to look attractive for many.