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Morningstar

SPDR® Portfolio High Yield Bond ETF SPHY

Morningstar Medalist Rating
Medalist Rating as of | See State Street Investment Hub

Morningstar’s Analysis SPHY

Will SPHY outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SPHY’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SPHY management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of SPHY’s parent organization’s priorities and whether they’re in line with investors’ interests.

SPDR ® Portfolio High Yield Bond ETF’s Process Pillar rating is Average, but a strong management team still helps this strategy retain its Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings SPHY

More SPHY Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 2.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

State Street Institutional Liq State St Inst Liq Res Prem

0.45 21.0 Mil
Cash and Equivalents

Medline Borrower LP 3.875%

0.31 14.4 Mil
Corporate

Tibco Software Inc 6.5%

0.31 14.3 Mil
Corporate

Cloud Software Group Inc. 9%

0.29 13.3 Mil
Corporate

CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.125%

0.27 12.6 Mil
Corporate

Directv Financing LLC/Directv Financing Co-Obligor Inc. 5.875%

0.27 12.5 Mil
Corporate

Venture Global LNG Inc. 9.5%

0.25 11.5 Mil
Corporate

Carnival Corporation 5.75%

0.24 11.3 Mil
Corporate

HUB International Ltd. 7.25%

0.24 11.1 Mil
Corporate

Intelsat Jackson Holdings SA 6.5%

0.24 10.9 Mil
Corporate