5-Aug-2026
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SPDR Portfolio High Yield Bond ETF declares monthly distribution of $0.1357
Seeking Alpha News (Mon, 3-Aug 2:08 PM ET)
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 an index that tracks the broad U.S. corporate high yield market. In seeking to track the performance of the ICE BofA US High Yield Index. Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Index. Under normal market conditions, the Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the Index. In addition, in seeking to track the Index, the Fund may invest in debt securities that are not included in the Index. The Index is designed to measure the performance of U.S. dollar denominated below investment grade corporate debt publicly issued in the U.S. domestic market. The Index includes securities rated below investment grade with at least 18 months remaining to final maturity at the time of issuance and at least one year remaining term to final maturity as of the Index's rebalancing date.
State Street SPDR Portfolio High Yield Bond ETF trades on the ARCA stock market under the symbol SPHY.
As of August 5, 2026, SPHY stock price declined to $23.26 with 3,816,735 million shares trading.
SPHY has a beta of 0.21, meaning it tends to be less sensitive to market movements. SPHY has a correlation of 0.53 to the broad based SPY ETF.
SPHY has a market cap of $11.98 billion. This is considered a Large Cap stock.
In the last 3 years, SPHY traded as high as $24.07 and as low as $21.80.
SPHY has underperformed the market in the last year with a price return of +6.1% while the SPY ETF gained +23.2%. SPHY has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +1.8% and +0.9%, respectively, while the SPY returned +7.5% and +2.9%, respectively.
SPHY support price is $23.23 and resistance is $23.32 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SPHY shares will trade within this expected range on the day.
