State Street SPDR Portfolio High Yield Bond ETF
State Street SPDR Portfolio High Yield Bond ETF (AMEX: SPHY) is an exchange-traded fund listed on NYSE Arca, trading at $22.78 (about ₹2,185 a unit) as of 25 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.05% and holds 1,947 securities. Indian residents can buy SPHY through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$22.73
Today's high
$22.82
52 week low
$22.73
52 week high
$23.97
SPHY opened at $22.80, closed previously at $22.80, and has traded between $22.73 and $23.97 over the past 52 weeks.
About
SPDR Series Trust - SPDR Portfolio High Yield Bond ETF is an exchange traded fund launched by State Street Global Advisors, Inc. The fund is managed by SSGA Funds Management, Inc. It invests in the fixed income markets of the United States. The fund invests in U.S. dollar denominated below investment grade corporate debt securities rated by Moody's, Fitch, or S&P. It invests in securities with at least 18 months remaining to final maturity. It seeks to track the performance of the ICE BofA US High Yield Index, by using representative sampling technique. SPDR Series Trust - SPDR Portfolio High Yield Bond ETF was formed on June 18, 2012 and is domiciled in the United States.
Key statistics
Expense ratio
0.05%
Assets (AUM)
$11.8B
Holdings
1,947
NAV
$22.79
Avg. volume
—
1-year price change
-4.61%
5-year price change
-15.16%
Price change excludes dividends.
Top 10 holdings
SPHY holds 1,947 securities in total. These 10 are 3.4% of the fund.
Where the money is invested
Sectors
Countries
How to buy SPHY from India
Indian residents can buy SPHY units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search SPHY and buy
Find the fund by its ticker, SPHY, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in SPHY from India
Trading and taxes when buying SPHY from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the SPHY price today?
State Street SPDR Portfolio High Yield Bond ETF (SPHY) last traded at $22.78 on NYSE Arca, as of 25 Sep 2026, 4:00 PM ET. That is ₹2,185 a unit at the 25 Sep 2026 USD/INR rate.
When does SPHY trade, in Indian time?
NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is SPHY, and what does it cost to hold?
State Street SPDR Portfolio High Yield Bond ETF manages about $11.8B. Its expense ratio is 0.05% a year, deducted inside the fund. It launched in 2012.
What are SPHY's largest holdings?
The top three are 1261229 BC LTD SR SECURED 144A 04/32 10 (0.5%), SSI US GOV MONEY MARKET CLASS (0.5%) and MERIDIAN ARC HOLDCO LLC SR SECURED 144A 04/31 6.25 (0.4%). SPHY's 10 largest positions make up 3.4% of the fund.
Does SPHY pay dividends?
Yes. SPHY is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on SPHY taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
Can I buy fractional units of SPHY?
Yes. You can buy SPHY by amount rather than by whole unit, and there is no minimum trade size.
How has SPHY performed?
SPHY's price is down 4.6% over the past year and down 15.2% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.