SPHY
SPDR® Portfolio High Yield Bond ETF
ICE BofA US High Yield TR USD
NAV as of
4 Week: 22.29 - 22.71
52 Week: 21.70 - 25.29
Latest Closing Price
22.34
Premium / Discount
0.11
Expense Ratio
0.1%
Investment Objective
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of ICE BofA US High Yield Index. The fund 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. 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.
Main Fund Characteristics
Performance
| Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
|---|---|---|---|
| YTD | 0.00 | 0.53 | 0.00 |
| 1 Day | 0.00 | 0.00 | 0.00 |
| 1 Week | -0.71 | 0.36 | -1.96 |
| 1 Month | -1.59 | 2.34 | -0.68 |
| 3 Months | 0.90 | 4.21 | 0.21 |
| 6 Months | 1.18 | 7.51 | 0.16 |
| 1 Year | -10.57 | 12.17 | -0.87 |
| 2 Years | -15.67 | 13.14 | -1.19 |
| 3 Years | -0.62 | 16.40 | -0.04 |
| 5 Years | -13.02 | 21.44 | -0.61 |
| 10 Years | -15.41 | 27.34 | -0.56 |
Price History
Annual Performance Return
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Price (%) | 1.0653 | 6.0458 | -1.9496 | 10.4235 | 6.5575 | -2.8001 | 13.0914 | 6.5690 | 5.8356 | -10.7618 |
| Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Rank | 99.0000 | 55.0000 | 69.0000 | 7.0000 | 26.0000 | 61.0000 | 55.0000 | 28.0000 | 22.0000 | 50.0000 |
Dividend Frequency
Lastest Dividend
| Ex Date | Payment Date | Dividend Payout per unit |
|---|---|---|
| 31/01/2017 | 08/02/2017 | 0.0935 |
| 27/12/2016 | 05/01/2017 | 0.0940 |
| 31/07/2016 | 08/08/2016 | 0.0930 |
| 31/05/2016 | 08/06/2016 | 0.0932 |
| 28/12/2014 | 06/01/2015 | 0.1008 |
| 30/11/2014 | 08/12/2014 | 0.0780 |
| 02/11/2014 | 11/11/2014 | 0.0845 |
| 30/09/2014 | 08/10/2014 | 0.0713 |
| 01/09/2014 | 09/09/2014 | 0.0862 |
| 31/07/2014 | 10/08/2014 | 0.0958 |
Portfolio Data
Total Number of Holdings: 1939
Number of Bond Holdings: 1933
Number of Equity Holdings: 2
Total Market Value: 1,012,711,911
Portfolio Composition
Top 10 Holdings
| % Portfolio Weight | Shares Owned | Shares Changed | Market Value | ||
|---|---|---|---|---|---|
| 1 | ALTICE FRANCE S.A 7.38% | 0.5358 | 400,000 | 0 | 428,700 |
| 2 | Sprint Corporation 7.88% | 0.4859 | 350,000 | 0 | 388,773 |
| 3 | CSC Holdings, LLC 6.62% | 0.4668 | 350,000 | 0 | 373,510 |
| 4 | Community Health Systems Incorporated 6.25% | 0.4315 | 350,000 | 0 | 345,205 |
| 5 | Tenet Healthcare Corporation 6.75% | 0.3990 | 300,000 | 0 | 319,206 |
| 6 | Bausch Health Companies Inc 6.5% | 0.3862 | 300,000 | 0 | 309,015 |
| 7 | Bombardier Inc. 7.5% | 0.3730 | 300,000 | 0 | 298,470 |
| 8 | CSC Holdings, LLC 10.88% | 0.3528 | 250,000 | 0 | 282,280 |
| 9 | Wyndham Destinations Inc 6.35% | 0.3471 | 250,000 | 0 | 277,698 |
| 10 | T-Mobile USA, Inc. 6.5% | 0.3355 | 250,000 | 0 | 268,408 |
Country Exposure
Regional Exposure
America
Greater Europe
Greater Asia
Market Classification
Market Capitalization
| Size | % of portfolio |
|---|---|
| Giant | 0.00 |
| Large | 0.00 |
| Medium | 0.00 |
| Small | 0.00 |
| Micro | 0.00 |
Equity Style Box Breakdown
| 0 | 0 | 0 | Large |
| 0 | 0 | 0 | Mid |
| 0 | 0 | 0 | Small |
| Value | Blend | Growth |
Value Measures
Price/Prospective Earnings*
3.2910
Price/Book*
1.4440
Price/Sales*
0.5495
Price/Cash Flow*
1.1160
Dividend Yield*
0.0000
Growth Measures
Long-Term Earnings
47.0000
Historical Earnings
-24.3713
Sales Growth
45.8697
Cash-Flow Growth
50.7433
Book-Value Growth
45.8479
*Forward-looking based on historical data.
Equity Sector
Number of Bond Holdings
1933
Bond Statitics
| Detail | Value |
|---|---|
| Average Effective Duration | 3.83 |
| Average Effective Maturity (Years)* | 5.48 |
| Average Credit Quality | 15.00 |
| Average Weighted Coupon* | 5.86 |
| Average Weighted Price* | 88.38 |
Bond Style Box Breakdown
| 0 | 0 | 0 | High | Quality |
| 0 | 0 | 0 | Med | |
| 0 | 0 | 0 | Low | |
| Ltd | Mod | Ext | ||
| Interest-Rate Sensitivity | ||||
Credit Quality
| Type | % Bonds |
|---|---|
| AAA | -0.01 |
| AA | 0.00 |
| A | 0.00 |
| BBB | 0.38 |
| BB | 47.55 |
| B | 40.67 |
| Below B | 10.95 |
| Not Rated | 0.46 |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| 1 to 3 Years | 18.13 |
| 3 to 5 Years | 30.49 |
| 5 to 7 Years | 31.77 |
| 7 to 10 Years | 13.72 |
| 10 to 15 Years | 1.88 |
| 15 to 20 Years | 0.89 |
| 20 to 30 Years | 1.32 |
| Over 30 Years | 0.65 |
| 1 to 7 Days | 0.00 |
| 8 to 30 Days | 0.00 |
| 31 to 90 Days | 0.00 |
| 91 to 182 Days | 0.00 |
| 183 to 364 Days | 0.46 |
Data Source: Morningstar
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