SJNK

State Street SPDR Bloomberg Short Term High Yield Bond ETF

$25.25

+0.00%

Market closed. Last update: 12:27 PM ET

📎 Investment Objective

The SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Short-Term High Yield Bond Index.

Overview

ETF tracking State Street SPDR Bloomberg Short Term High Yield Bond ETF

Category High Yield

Issuer State Street

Inception Date 2012-03-15

Market Cap $4.9B

Average Volume N/A

Dividend Yield 6.00%

52-Week Range $24.12 - $25.69

VWAP $25.26

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests in a portfolio of high-yield, short-term corporate bonds that are designed to track the performance of the underlying index. The index includes U.S. dollar-denominated, high-yield, fixed-rate corporate bonds with a remaining maturity of less than 5 years.

✨ Key Features

Exposure to short-term high-yield corporate bonds
Seeks to provide income and moderate capital appreciation
Diversified portfolio of high-yield issuers
Low duration to help manage interest rate risk

⚠️ Primary Risks

Credit risk: Investments are subject to the risk that the issuer may default on payment of interest or principal
Interest rate risk: Bond prices may decline due to rising interest rates
Liquidity risk: The fund may have difficulty selling certain high-yield bonds
High-yield risk: High-yield bonds are generally subject to greater market fluctuations and risk of loss of income and principal

👤 Best For

The SPDR Bloomberg Short Term High Yield Bond ETF may be suitable for investors seeking current income and moderate capital appreciation, with a higher risk tolerance. It may be appropriate as a component of a diversified fixed-income portfolio, particularly for investors with a short-to-intermediate investment horizon.