This State Street SPDR Portfolio High Yield Bond ETF is designed to deliver investment returns that broadly match the price and income performance of the ICE BofA US High Yield Index, before factoring in its expenses. It belongs to State Street's series of economical SPDR Portfolio ETFs, which serve as fundamental building blocks for investors seeking extensive and varied exposure to key asset categories. This particular low-cost fund provides access to a vast market of U.S. dollar-denominated high-yield corporate debt, valued at over one trillion dollars. The underlying index comprises publicly issued, USD-denominated bonds that are rated below investment grade, possess a fixed interest rate, had an initial maturity of at least 18 months at their issuance, currently have at least one year remaining until maturity, and maintain a minimum outstanding principal amount of $250 million.

SPHY Holdings & Sector Breakdown

SPHY Holdings & Sector Breakdown