SPDR Portfolio High Yield Bond ETF (SPHY)

NYSEARCA: SPHY · Real-Time Price · USD
23.78
-0.05 (-0.21%)
Dec 12, 2024, 4:00 PM EST - Market closed
-0.21%
Assets $6.61B
Expense Ratio 0.05%
PE Ratio 4.05
Shares Out 277.80M
Dividend (ttm) $1.84
Dividend Yield 7.75%
Ex-Dividend Date Dec 2, 2024
Payout Ratio 31.45%
1-Year Return +3.71%
Volume 11,509,448
Open 23.82
Previous Close 23.83
Day's Range 23.78 - 23.83
52-Week Low 22.82
52-Week High 24.07
Beta 0.46
Holdings 1928
Inception Date Jun 18, 2012

About SPHY

Fund Home Page

The 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.

Asset Class Fixed Income
Category High Yield Bond
Region North America
Stock Exchange NYSEARCA
Ticker Symbol SPHY
ETF Provider State Street
Index Tracked ICE BofA US High Yield

Dividends

Ex-Dividend Amount Pay Date
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
Jul 1, 2024 $0.153 Jul 5, 2024
Full Dividend History

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...

6 days ago - Seeking Alpha

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...

23 days ago - Seeking Alpha

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 ...

Other symbols: DIAJEPIJEPQOSPY
2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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...

Other symbols: SPYV
5 months ago - CNBC Television

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...

Other symbols: IVVLQDQQQSOXXSPYTIPTLT
5 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

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 ...

Other symbols: BKLNHYG
6 months ago - Seeking Alpha

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...

9 months ago - Seeking Alpha

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...

9 months ago - Seeking Alpha

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.

Other symbols: FALN
10 months ago - Seeking Alpha

Why High-Yield Bonds Could Outperform: Pick 7.5%-Yielding SPHY

Leading credit investors believe that the case for high-yield bonds remains strong, with a high expected return.

Other symbols: HYGJNKOCSLSHYGUSHY
10 months ago - Seeking Alpha

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...

10 months ago - Seeking Alpha

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 ...

Other symbols: BIZDCLOZFALNJAAAJBBB
11 months ago - Seeking Alpha

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.

Other symbols: HYGUSHY
1 year ago - Seeking Alpha

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...

Other symbols: ANGLFALNHYLS
1 year ago - Seeking Alpha

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.

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

Other symbols: FALNHYGV
1 year ago - Seeking Alpha

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%.

1 year ago - Seeking Alpha

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...

2 years ago - Seeking Alpha

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 ...

2 years ago - Seeking Alpha

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.

2 years ago - Seeking Alpha