SJNK ETF Review: SPDR Bloomberg Short Term High Yield Bond ETF

SJNK ETF Review

The SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) tracks short-term, publicly issued U.S. dollar-denominated high yield corporate bonds with under 5 years to maturity and at least $350 million outstanding. Bonds must have fixed rates, be taxable, and rated between Caa3/CCC-/CCC- and Ba1/BB+/BB+. The index covers Industrial, Utility, and Financial Institutions sectors, excluding various other bond types. It is issuer-capped and updated monthly.

Offers broad exposure to short-term, U.S. dollar-denominated high-yield corporate bonds.
May offer reduced interest rate risk compared to longer-duration high-yield bonds.
Provides a potentially more cost-effective approach to gaining high-yield exposure than investing in individual bonds.

Manager	Ticker	Inception	AUM	MER	Distributions	Yield
State Street	SJNK	2012-03-14	$4,165,430,000	0.40%	Monthly	7.47%

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I used my experience from Sunlife, BMO, TD, Edward Jones and Canada Life to create apps to help investors pay fewer fees and income tax. I have a degree in Economics from the University of Waterloo, and financial industry designations such as the CSC, CPH, LLQP & WME. I primarily focus on tactical asset allocation by actively balancing portfolios to reduce market risk. I’ve built my business on a foundation of integrity, due diligence and innovation.