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SPHY

State Street SPDR Portfolio High Yield Bond ETF

The SPDR Portfolio High Yield Bond ETF - USD is an exchange-traded fund (ETF) instrument designed to offer exposure to a broad range of high-yield corporate bonds, denominated in U.S. dollars. The primary goal of this fund is to provide investment results that, before fees and expenses, correspond generally to the total return performance of the ICE BofA US High Yield Index. The SPDR Portfolio High Yield Bond ETF - USD embodies an efficient tool to gather exposure to the dollar-denominated non-investment-grade fixed-income market. Essentially, it focuses on "junk" bonds or those bonds that are defined below investment grade; this can lead to potentially higher yields than comparable risk-free investments. The portfolio is heavily allocated towards the Consumer Cyclical sector, with significant inclusions from the Communication and Energy sectors as well. Predominantly, holdings are skewed towards more speculative issues in the BB-rated bond spectrum, which represents a significant portion of its concentrated profile. While individual investors commonly use this ETF for tactical asset allocation goals or specific strategy execution, it may also facilitate various institutional applications such as risk management or portfolio optimization tasks among others. Notwithstanding, it must be noted that investing in high-yield bonds poses its own set of risks, including increased credit and liquidity risks. As with any investment decision, a thorough understanding of the associated risks and rewards is integral to utilizing instruments such as the SPDR Portfolio High Yield Bond ETF astutely. It is indeed essential for the investor to consider their personal investment objectives and risk tolerance while aligning their portfolio decisions accordingly.

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Dividend key info
Dividend policy
Trailing 12-month distr. yield
7.24%
Distribution frequency
Last distribution

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Trailing dividend yield
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Distribution history
Ex-dividend dateCash amount% of NAV
Jul 1, 2026
Jun 1, 2026
May 1, 2026
Apr 1, 2026
Mar 2, 2026
Feb 2, 2026
Quarterly distribution per share
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