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Dividend Safety Check: SPHY and High-Yield Bond Income

Credit & Bond MarketsCapital Returns (Dividends / Buybacks)Market Technicals & Flows

SPDR Portfolio High Yield Bond ETF (SPHY) has paid monthly distributions from a basket of below-investment-grade corporate bonds without interruption since 2012. The article is a factual description of the fund’s income profile and consistency, with no new performance, yield, or flow data provided.

Analysis

SPDR Portfolio High Yield Bond ETF (SPHY) has paid monthly distributions from a basket of below-investment-grade corporate bonds without interruption since 2012. The article is a factual description of the fund’s income profile and consistency, with no new performance, yield, or flow data provided.

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