SPDR Portfolio High Yield Bond ETFSPHY
SPHY
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
189% more first-time investments, than exits
New positions opened: 104 | Existing positions closed: 36
144% more repeat investments, than reductions
Existing positions increased: 212 | Existing positions reduced: 87
32% more funds holding in top 10
Funds holding in top 10: 22 [Q3] → 29 (+7) [Q4]
24% more capital invested
Capital invested by funds: $3.52B [Q3] → $4.35B (+$828M) [Q4]
16% more funds holding
Funds holding: 369 [Q3] → 427 (+58) [Q4]
2.09% more ownership
Funds ownership: 62.65% [Q3] → 64.74% (+2.09%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for SPHY.
Financial journalist opinion
Negative
Seeking Alpha
1 week 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
1 week 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
2 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
4 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
4 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
5 months ago
Why I'm Loading Up on These 3 High-Dividend ETFs for Passive Income
These ETFs provide different types of income.
Positive
Seeking Alpha
6 months ago
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.
Positive
Seeking Alpha
6 months ago
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.
Positive
The Motley Fool
7 months ago
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.
Negative
Seeking Alpha
7 months ago
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.
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