Loading…
Loading…
SPDR Series Trust - SPDR Portfolio High Yield Bond ETF is an exchange traded fund launched by State Street Global Advisors, Inc. The fund is managed by SSGA Funds Management, Inc. It invests in the fixed income markets of the United States. The fund invests in U.S. dollar denominated below investment grade corporate debt securities rated by Moody's, Fitch, or S&P. It invests in securities with at least 18 months remaining to final maturity. It seeks to track the performance of the ICE BofA US High Yield Index, by using representative sampling technique. SPDR Series Trust - SPDR Portfolio High Yield Bond ETF was formed on June 18, 2012 and is domiciled in the United States.
Is SPHY's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
Fifth Third Bancorp increased its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 1,238.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 118,304 shares of the company's stock after acquiring an additional 109,465 shares during
The SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) pays monthly distributions sourced from a basket of below-investment-grade corporate bonds, and it has done so without interruption since 2012.
NEOS Enhanced Income Credit Select ETF offers a ~8% monthly distribution by layering an S&P 500 index put options strategy over high-yield bond ETFs. HYBI's net yield advantage over its underlying ETFs is only 50-100 bps, largely offset by a much higher 0.68% expense ratio. The fund's value-add is regime-dependent: it outperforms in stable, elevated volatility but lags in credit stress or strong rallies due to option overlay constraints.
State Street's own 2026 ETF outlook called active fixed income the “global product center of gravity”, which is a striking concession from the firm that built the largest passive high-yield ETF on the market.
Advisors Capital Management LLC raised its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 5.3% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,186,914 shares of the company's stock after purchasing an additional 160,986 shares during the quarter.