SPDR Portfolio High Yield Bond ETF
SPHY
Market cap $5.55B

23.73 USD

-0.05

0.21%

Updated Oct 22, 10:49 AM EDT

1 day

-0.21%

5 days

-0.46%

1 month

-1.00%

3 months

0.85%

6 months

2.95%

Year to date

1.76%

1 year

8.11%

5 years

-9.08%

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

200% more repeat investments, than reductions

Existing positions increased: 180 | Existing positions reduced: 60

48% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 31

29% more funds holding in top 10

Funds holding in top 10: 14 [Q1] → 18 (+4) [Q2]

7% more capital invested

Capital invested by funds: $2.84B [Q1] → $3.05B (+$202M) [Q2]

5% more funds holding

Funds holding: 296 [Q1] → 311 (+15) [Q2]

4.04% less ownership

Funds ownership: 69.92% [Q1] → 65.88% (-4.04%) [Q2]

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for SPHY.

See Analyst Rankings

Financial journalist opinion

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 and stability. JEPI and JEPQ generate premium income through options strategies, enhancing yield potential.

How To Invest $100,000 For A High-Yield Monthly Dividend Portfolio

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 above-average default rates, economic conditions and potential Fed cuts support the stability of non-investment grade bonds.

SPHY: Simple, Strong High-Yield Bond ETF, 7.7% Yield

The Motley Fool

3 High-Yielding ETFs I Can't Wait to Buy for Passive Income This September

JPMorgan Equity Premium Income ETF offers income and upside potential. iShares 0-3 Month Treasury Bond ETF is a great way to generate incremental passive income from idle cash.

3 High-Yielding ETFs I Can't Wait to Buy for Passive Income This September

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 a low expense ratio. The SPHY fund holds investment-grade corporate bonds with diverse maturities and yields, with a sector composition focused on Consumer Cyclicals, Communications, and Energy.

SPHY: Keep It On A Watch List

High Yield Bond ETFs Have New Asset Leader

The U.S. high yield bond ETF category has a new asset leader. The iShares Broad USD High Yield Corporate Bond ETF (USHY) is now the largest high yield bond ETF in the market, with assets totaling $15.9 billion as of Aug.15.

High Yield Bond ETFs Have New Asset Leader

The Motley Fool

3 High-Yield Dividend ETFs to Buy to Generate Passive Income

SPDR Portfolio S&P 500 High Dividend ETF provides passive income from 80 top high-yield dividend stocks. JPMorgan Equity Premium Income ETF supplies monthly income from options premiums.

3 High-Yield Dividend ETFs to Buy to Generate Passive Income

CNBC Television

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 caps, the value trade and more.

The rotation into small caps is becoming real, State Street's Anna Paglia

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 income funds saw inflows. Passively managed fixed income funds have recorded four consecutive weekly inflows. Municipal bond conventional funds returned a negative 0.27% over the fund flows week, giving the subgroup its first weekly loss in four.

U.S. Weekly Fund Flows Insight Report: Equity ETFs Attract $20.9 Billion, Largest Weekly Intake Of 2024

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 attractive enough to generate meaningful alpha in our view. By rotating into investment-grade bonds, we remain well-positioned to benefit from eventual rate cuts by the Fed while avoiding the potential downside risk of high-yield spreads widening.

SPHY: Giving Up High Yields For Investment Grade (Rating Downgrade)

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 much higher than in the past, and when compared to equities.

3 Reasons To Pick High-Yield Bonds And Loans Over Equities

See News Rankings

Charts implemented using Lightweight Charts™