SPHY holdings

Computed by this site from the fund's SEC Form N-PORT filing; what the measure does not tell you · every fund in one table · hold it with other funds? X-ray the mix. Pricing: 3.92% at a quoted market price (level 1), 23 issuer countries, 0.02% restricted securities.

SPHY's largest investment is 1261229 BC Ltd at 0.42% of net assets. EchoStar Corp and Meridian Arc Holdco LLC follow; the three together are 1.23%. Ten companies are 3.17% of the fund; the other 1,925 share the rest. Among the 192 bond funds measured here, SPHY behaves like 1127.1 holdings against a median of 236.4 — 4.8 times the median. Across 28 quarterly filings SPHY has become less concentrated: it behaved like 699.3 at 2019-09-30 and 1127.1 at 2026-06-30. Between the 2026-03-31 and 2026-06-30 filings 188 positions were added and 170 dropped; 18.4% of the weight moved. the United States is the largest country at 85.09% of the portfolio, across 23 countries in the filing.

Each sentence is read from the fund's own SEC filing; the class median is computed across the comparable bond funds on this site. Nothing here is a view on the fund.

Between 2019-09-30 and 2026-06-30, SPHY went from behaving like 699.3 equally weighted positions to 1127.1 — 61% more, while its top ten went from 4.63% to 3.17% of net assets. Read across the funds on the concentration-over-time table.

One row per filed reporting period, newest first, read from EDGAR. Quarterly because that is the public filing cadence. Rows marked * are published but held out of the comparison above; the methodology page says when and why.

SPHY's filing lists 1,936 positions including 3.74% of net assets in securities-lending cash collateral. Counted as filed the fund reads 442.3 effective holdings with a top ten of 6.62%; on its own investments — the figure above — it reads 1127.1 with a top ten of 3.17%. The collateral is matched by a liability and is not a holding the fund chose; since 2026-09-18 every figure on this site sets it aside (methodology). Both numbers are in the data.

The 15 largest of 1,935 positions in SPHY's Form N-PORT, weight as a share of net assets, securities-lending collateral excluded. Every position, every quarter: listed with the point-in-time files, available on request.

Share of SPHY's own investments by the issuer country the filer reported (incorporation, not revenue). Each country links to every fund that holds it.

Monthly total returns from Item B.5 of SPHY's own filings, 84 months on record. Not computed here and not from a price feed.

Cross-checked against a series computed separately from prices: median difference 0.20 percentage points over 84 months, which is roughly the distributions. Every month with the filing it came from: SPHY.json · all funds.

The fund lends its holdings, and Item B.4.a of the filing names every firm holding them. At 2026-06-30, $454m was out to 19 borrowers, 4.01% of net assets. The largest, GOLDMAN SACHS & CO., held 25.9% of it.

Cash collateral reported against the loan: 3.74% of net assets, 93.2% of the amount lent. That is a floor on the collateral, not the whole of it — collateral the fund does not hold as a position is not in this filing, so a figure under 100% is not evidence of under-collateralisation. How that figure behaves across all funds. Every quarter SPHY has filed, with each borrower: SPHY.json · all funds.

1,914 positions became 1,932: 188 added (8.7% of the fund at the later date), 170 dropped (6.8% at the earlier date). Half the sum of all weight changes, a turnover proxy: 18.4%. Positions are matched on identifiers, so a security whose identifier changed shows as one drop and one add. Every filing of SPHY compared this way, as a feed: changes.xml · all funds: filings received.

New: MERIDIAN ARC HOLDCO LLC (0.41%), PR RNO PROPERTY OWNER 1 (0.30%), CORE SCIENTIFIC FINANCE (0.25%), CENTENE CORP (0.22%), DISCOVERY HOLDINGS INC (0.20%), CENTENE CORP (0.19%). Gone: MEDLINE BORROWER LP (0.22%), DISCOVERY HOLDINGS INC (0.16%), VENTURE GLOBAL LNG INC (0.15%), NEXSTAR MEDIA INC (0.13%), MEDLINE BORROWER/MEDL CO (0.11%), HLF FIN SARL LLC/HERBALI (0.11%).

3.9% of SPHY is carried at a quoted market price (fair-value level 1); 0.0% at level 3, priced from the filer's own inputs. Categories and levels are the filer's, from Form N-PORT; what a low level-1 share does and does not mean is in the measure's page.

Every measured debt fund lined up by how many holdings it behaves like; these sit either side of SPHY (1127.1). Same filings, same arithmetic. Position in this list says nothing about which fund is better.