SPDR Portfolio High Yield Bond ETFSPHY
SPHY
0
Funds holding %
of 7,312 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
114% more repeat investments, than reductions
Existing positions increased: 235 | Existing positions reduced: 110
91% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 34
51% more call options, than puts
Call options by funds: $262K | Put options by funds: $174K
36% more capital invested
Capital invested by funds: $4.35B [Q4 2024] → $5.91B (+$1.56B) [Q1 2025]
7% more funds holding in top 10
Funds holding in top 10: 29 [Q4 2024] → 31 (+2) [Q1 2025]
4% more funds holding
Funds holding: 430 [Q4 2024] → 447 (+17) [Q1 2025]
3.0% more ownership
Funds ownership: 64.78% [Q4 2024] → 67.78% (+3.0%) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for SPHY.
Financial journalist opinion
Neutral
The Motley Fool
1 week ago
3 Top ETFs I Can't Wait to Buy in July to Boost My Passive Income
My top financial goal is to grow my passive income to the point where it will cover my basic living expenses. That would give me freedom from worrying about working to pay the bills.
Positive
Seeking Alpha
2 weeks ago
SPHY: A Good Choice For Income-Focused Investors
SPHY offers exposure to US high-yield corporate bonds with attractive yields and low call risk, making it suitable for income-focused investors. Current macroeconomic indicators—loose financial conditions, stable bank reserves, and moderate volatility—support a favorable environment for high-yield bonds. Credit spreads remain compressed, reflecting healthy market sentiment; monitoring for spread widening is crucial for risk management.
Positive
ETF Trends
1 month ago
Why Fixed Income ETFs are Gaining Share
Earlier in May, VettaFi hosted an Income Investment Strategy Symposium. Many of the experts we talked to highlighted ETFs and we partially marketed the event on this website with “ETF” in the name.
Positive
Seeking Alpha
2 months ago
Profit From Wider Credit Spreads With These High-Yield Bond Funds
The ongoing trade war has led to a massive increase in uncertainty and bearish sentiment. Credit spreads have widened as a result, going from their lowest levels in history, to solidly above-average. Investing in high-yield corporate bond funds seems like an easy way to profit from these changes.
Negative
Seeking Alpha
3 months ago
SPHY: Credit Turmoil Rattles Junk Bonds, Caution Still Warranted
The S&P 500 has plunged 15% since President Trump's tariff announcement, impacting US stocks, global equities, Treasuries, commodities, and crypto. SPHY, a high-yield bond ETF, has seen significant growth but is vulnerable due to its high exposure to Consumer Discretionary and Energy sectors. Despite a high yield to maturity of 9%, SPHY faces risks with a potential 600 basis point junk bond spread, suggesting further price drops.
Neutral
Seeking Alpha
3 months ago
SPHY: Let's Not Forget That When Yields Go Up, So Do The Risks (For Real)
The HY segment is facing unique challenges, with recession fears outweighing benefits from expected Fed rate cuts, leading to wider spreads and potential default rate increases. SPHY has a competitive expense ratio, offering a better yield than USHY despite being less liquid. Key risks include declining corporate revenues, a wave of debt refinancing in 2025-2026, and capital flight to safer assets, which could further widen spreads.
Positive
Seeking Alpha
5 months ago
Trending Funds With High Yield - SPHY Yielding 7.7%
Stock prices are high and concentrated, which implies below-average long term returns, while high starting yields are favorable for bonds. The article recommends a balanced approach to investing in bonds, which may include a portion in high-yielding funds with a history of high risk-adjusted performance. Fourteen funds in High Yield, Loan Participation, and Investment Grade Lipper Categories are analyzed.
Positive
Seeking Alpha
7 months ago
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 expense ratio, but tight credit spreads signal confidence in low-quality issuers meeting obligations. SPHY's performance has been strong, with a bullish technical outlook and historical January gains, but I maintain a hold rating due to compressed yields.
Positive
Seeking Alpha
7 months ago
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-placed for a uranium bull market, driven by increasing demand for nuclear energy from major tech companies. iShares MSCI India ETF offers exposure to India's fast-growing economy, presenting perhaps a strong investment opportunity despite recent pullbacks due to shifts towards the Chinese market.
Neutral
The Motley Fool
8 months ago
Why I'm Loading Up on These 3 High-Dividend ETFs for Passive Income
These ETFs provide different types of income.
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