SPDR Bloomberg Short Term High Yield Bond ETF (SJNK)
| Assets | $4.92B |
| Expense Ratio | 0.40% |
| PE Ratio | 0.93 |
| Shares Out | 193.30M |
| Dividend (ttm) | $1.86 |
| Dividend Yield | 7.29% |
| Ex-Dividend Date | Nov 1, 2024 |
| Payout Ratio | 6.78% |
| 1-Year Return | +3.91% |
| Volume | 1,371,702 |
| Open | 25.54 |
| Previous Close | 25.54 |
| Day's Range | 25.50 - 25.54 |
| 52-Week Low | 24.60 |
| 52-Week High | 25.77 |
| Beta | 0.36 |
| Holdings | 1086 |
| Inception Date | Mar 15, 2012 |
About SJNK
Fund Home PageThe SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of short-term publicly issued US high yield corporate bonds, with a remaining maturity of less than five years. SJNK was launched on Mar 15, 2012 and is issued by State Street.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 1, 2024 | $0.156 | Nov 6, 2024 |
| Oct 1, 2024 | $0.158 | Oct 4, 2024 |
| Sep 3, 2024 | $0.155 | Sep 6, 2024 |
| Aug 1, 2024 | $0.158 | Aug 6, 2024 |
| Jul 1, 2024 | $0.156 | Jul 5, 2024 |
| Jun 3, 2024 | $0.157 | Jun 6, 2024 |
News
SJNK: Low-Volatility Junk Bond ETF
SPDR® Bloomberg Short Term High Yield Bond ETF (SJNK) aims to reduce risk by focusing on junk bonds with maturities under 5 years. SJNK is well-diversified across sectors and issuers, with a significa...
Finding The Sweetspot Across The Yield Curve At 7-9% Yields
Many investors oversimplify the investment process with respect to duration by thinking about the concept on a single spectrum. They also focus overly on today's yield rather than considering reinvest...
SJNK ETF: If You Really Want High-Yield Exposure
Fixed-income markets are uncertain due to interest rate uncertainty, but there are opportunities in high-yield credit. The SPDR Bloomberg Short-Term High Yield Bond ETF is a well-rounded short-term hi...
SJNK: Short-Term High-Yield Bond ETF, Strong 7.3% Yield, Good Performance
Federal Reserve hikes have led to higher yields across the board. High-yield corporate bonds offer particularly enticing yields.
SJNK: Short Duration Junk Just In Case The Fed Isn't Done
Consider junk bond funds with shorter duration and lower volatility, such as the SPDR® Bloomberg Short Term High Yield Bond ETF.
Brookfield Real Assets Vs SJNK: Birds Of A Feather
The Brookfield Real Assets Income Fund cut its distribution in August and predictably got punished for it. Since it predominantly holds high yield assets, we compare it to a high yield bond ETF. We co...
Bank Loans And Junk Bonds Are Having A Good Year
Fixed-income investors looking for interest rate cuts from the Federal Reserve are still waiting, but that hasn't stopped low-rated bonds from posting strong gains in 2023. Bond investors hoping for e...
SJNK: 8.4% Yielder - Probably Only Suitable For Investors With Higher Risk Appetite
SPDR Bloomberg Short Term High Yield Bond ETF holds short-term corporate debt that is below investment grade. SJNK has an annualized distribution yield of 8.4%, offering a higher yield compared to ris...
SJNK: The 7%+ Yield That No One Is Talking About
The SPDR Bloomberg Short Term High Yield Bond ETF is the unsung hero in short-term fixed-income exposure. High yield, low volatility, and a highly diversified portfolio. Minimize the impacts of future...
SJNK And SHYG: 8% Yields With Low Duration Risk
We last covered SJNK and SHYG in an era of return free risk. Things have changed as the Federal Reserve went from complete complacency to utter panic on inflation.
As Bets on High Yield ETFs Surge, Risk in Portfolios May Jump
Experts see a recession looming in 2023, boosting odds of defaults in junk bonds.
SJNK: Short-Term High-Yield Corporate Bond ETF, Growing 5.8% Yield, Low Interest Rate Risk
SJNK is one of the largest short-term high-yield corporate bond index ETFs in the market. SJNK offers investors a strong, growing 5.8% yield, and outperforms when interest rates increase.
Implications Of 'Higher For Longer' Rates For Income Portfolios
The Fed made another 75bp hike and remains committed to reining in inflation as quickly as possible. This suggests a "higher for longer" monetary policy rate approach, which would keep the policy rate...
Why We Are Buying 7-10% Yielding Corporate Credit
High-yield corporate bond yields have nearly doubled this year on the back of the rise in Treasury yields and a back-up in credit spreads. At current yields, we find corporate bonds attractive in an e...
SJNK: Earn A Higher Yield And Take Less Rate Risk
The recent flattening of the yield curve can now allow investors to earn pretty much the same yield in bonds while taking much less duration exposure. We take a look at SJNK - a high-yield corporate b...
Inflation-Indexed Treasuries Lead U.S. Bond Market Returns In 2021
With less than four weeks left to the trading year, TIPS are on track to capture the lead for US bond-market performance in 2021, based on a set of ETFs through Dec. 6's close. Short-term Treasury Inf...
Short Junk And TIPS Continue To Lead U.S. Bond Market In 2021
The recent slide in the bond market has been granted a reprieve over the last two months. Holding long-term bonds has certainly been a painful trade this year.
Limited Duration CEF Sector Update
We take a look at the Limited Duration CEF sector which offers one way for income investors to shorten up on their interest rate sensitivity. Investors seeking a higher income level as well as tactica...
SJNK: Looking At The Risk-Reward
We reviewed a high yield bond ETF late last year. Today, we bring to you another and provide a comparison.
The 3 Best High-Yielding Short-Term Bond ETFs (HYS, SJNK)
Discover the short-term high-yielding exchange-traded funds that have low interest rate sensitivity but pay interest comparable to intermediate-term funds.