SPDR Bloomberg Short Term High Yield Bond ETFSPDR Bloomberg Short Term High Yield Bond ETFSPDR Bloomberg Short Term High Yield Bond ETF

SPDR Bloomberg Short Term High Yield Bond ETF

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Key stats


Assets under management (AUM)
‪4.36 B‬USD
Fund flows (1Y)
‪−268.92 M‬USD
Dividend yield (indicated)
7.42%
Discount/Premium to NAV
0.1%
Shares outstanding
‪173.20 M‬
Expense ratio
0.40%

About SPDR Bloomberg Short Term High Yield Bond ETF


Brand
SPDR
Home page
Inception date
Mar 15, 2012
Structure
Open-Ended Fund
Index tracked
Bloomberg US High Yield 350mn Cash Pay 2% Capped (0-5 Y)
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
SJNK tracks an index that provides a neutral take on the short-term, high-yield theme. It includes short-term publicly issued US dollar-denominated high yield corporate bonds that have a remaining maturity of less than five years. The fund uses a sampling method in tracking the index, which means it will invest in a sample of securities that collectively have an investment profile similar to that of the underlying index. The Index is issuer-capped and the securities in the Index are updated on the last business day of each month.

Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
High yield
Niche
Short-term
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market value
Selection criteria
Market value
What's in the fund
Exposure type
StocksBonds, Cash & Other
Corporate
Stock breakdown by region
0.7%89%7%0.1%1%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to SJNK via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SJNK trades at 25.23 USD today, its price has risen 0.04% in the past 24 hours. Track more dynamics on SJNK price chart.
SJNK net asset value is 25.20 today — it's risen 1.66% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SJNK assets under management is ‪4.36 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SJNK price has risen by 0.92% over the last month, and its yearly performance shows a 1.49% increase. See more dynamics on SJNK price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.66% over the last month, showed a 0.37% increase in three-month performance and has increased by 9.10% in a year.
SJNK fund flows account for ‪−268.92 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SJNK invests in bonds. See more details in our Analysis section.
SJNK expense ratio is 0.40%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SJNK isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SJNK technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SJNK shows the sell signal. See more of SJNK technicals for a more comprehensive analysis.
Yes, SJNK pays dividends to its holders with the dividend yield of 7.42%.
SJNK trades at a premium (0.14%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SJNK shares are issued by State Street Corp.
SJNK follows the Bloomberg US High Yield 350mn Cash Pay 2% Capped (0-5 Y). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 15, 2012.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.