State Street SPDR Portfolio High Yield Bond ETF (SPHY) — ()

Key Metrics

 

News

SPHY: A Weaker Dollar Could Deter Foreign Yield Chasers

Published: by:
Sentiment: Neutral ()

State Street SPDR Portfolio High Yield Bond ETF offers broad high yield exposure with a very compelling 0.05% expense ratio. SPHY's 2.85-year duration creates notable sensitivity to yield changes driven …

Read More
image for news SPHY: A Weaker Dollar Could Deter Foreign Yield Chasers
A New Low-Cost Short-Term ETF to Consider

Published: by:
Sentiment: Positive ()

Known to many for supporting ETF institutional investors that favor liquidity, State Street Investment Management has increasingly grown its ETF business by focusing on advisors and retail investors. With the …

Read More
image for news A New Low-Cost Short-Term ETF to Consider
SPHY: A Good Choice For Income-Focused Investors

Published: by:
Sentiment: Positive ()

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 …

Read More
image for news SPHY: A Good Choice For Income-Focused Investors
Why Fixed Income ETFs are Gaining Share

Published: by:
Sentiment: Positive ()

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” …

Read More
image for news Why Fixed Income ETFs are Gaining Share
SPHY: Let's Not Forget That When Yields Go Up, So Do The Risks (For Real)

Published: by:
Sentiment: Neutral ()

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 …

Read More
image for news SPHY: Let's Not Forget That When Yields Go Up, So Do The Risks (For Real)

About State Street SPDR Portfolio High Yield Bond ETF SPHY

The State Street SPDR Portfolio High Yield Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the ICE BofA US High Yield Index (the "Index").One of the low cost core State Street SPDR Portfolio ETFs, a suite of portfolio building blocks designed to provide broad, diversified exposure to core asset classes.A low cost ETF that seeks to offer exposure to over a trillion dollars of USD-denominated high yield debt.The index includes publicly issued USD high yield bonds with a below investment grade rating, at least 18 months to final maturity at the time of issuance, at least one year to maturity, a fixed coupon, and a minimum amount outstanding of $250M.