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

SJNK: 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.
ManagerTickerInceptionAUMMERDistributionsYield
State StreetSJNK2012-03-14$4,165,430,0000.40%Monthly7.47%
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