SPDR Barclays High Yield Bond ETF (the Fund), formerly SPDR Barclays Capital High Yield Bond ETF, seeks to provide investment results that correspond to the price and yield performance of the Barclays Capital High Yield Very Liquid Index (the Index). The Index includes publicly issued United States dollar denominated, non-investment grade, fixed-rate, taxable corporate bonds that have a remaining maturity of at least one year, regardless of optionality, are rated high-yield using the middle rating of Moody's, S&P, and Fitch, respectively, and have $600 million or more of outstanding face value. Excluded from the Index are non-corporate bonds, structured notes with embedded swaps or other special features, private placements, bonds with equity-type features, floating-rate issues, Eurobonds, defaulted bonds, payment in kind (PIK) securities and emerging market bonds. The investment manager of the Fund is SSgA Funds Management, Inc.
Basic Details
Issuer SSgA
Fund NameSPDR Bloomberg Barclays High Yield Bond ETF
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:JNK
Inception Date11/28/2007
Fund ManagerMichael Brunell, Kyle Kelly, Bradley Sullivan
Phone+1-866-7872257
Fund Focus
Asset ClassFixed Income
BenchmarkBarclays VLI High Yield TR USD
CategoryCorporate
FocusHigh Yield
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$9.28 billion
Average Daily Volume$15.54 million
Discount/Premium0.48%
ETF Expenses
Management Fee0.40%
Other Expenses0.00%
Total Expenses0.40%
Fee Waiver0.00%
Net Expenses0.40%
Administrator, Advisor and Custodian
AdministratorSSGA Funds Management, Inc.
AdvisorSSgA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorState Street Global Advisors Funds Distributors, LLC
Transfer AgentState Street Bank and Trust Company
Trustee
Lead Market MakerVirtu Financial
SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK) Frequently Asked Questions
What is SPDR Bloomberg Barclays High Yield Bond ETF's stock symbol?
SPDR Bloomberg Barclays High Yield Bond ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "JNK."
How often does SPDR Bloomberg Barclays High Yield Bond ETF pay dividends? What is the dividend yield for SPDR Bloomberg Barclays High Yield Bond ETF?
SPDR Bloomberg Barclays High Yield Bond ETF declared a monthly dividend on Friday, February 1st. Investors of record on Monday, February 4th will be paid a dividend of $0.1653 per share on Thursday, February 7th. This represents a $1.98 dividend on an annualized basis and a dividend yield of 5.59%. The ex-dividend date of this dividend is Friday, February 1st. View SPDR Bloomberg Barclays High Yield Bond ETF's Dividend History.
Has SPDR Bloomberg Barclays High Yield Bond ETF been receiving favorable news coverage?
Media headlines about JNK stock have trended somewhat negative on Wednesday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. SPDR Bloomberg Barclays High Yield Bond ETF earned a news sentiment score of -1.0 on InfoTrie's scale. They also gave media headlines about the exchange traded fund a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near term.
Are investors shorting SPDR Bloomberg Barclays High Yield Bond ETF?
SPDR Bloomberg Barclays High Yield Bond ETF saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 48,843,748 shares, an increase of 20.3% from the January 15th total of 61,257,339 shares. Based on an average trading volume of 14,138,757 shares, the days-to-cover ratio is presently 3.5 days. View SPDR Bloomberg Barclays High Yield Bond ETF's Current Options Chain.
Who are SPDR Bloomberg Barclays High Yield Bond ETF's key executives?
SPDR Bloomberg Barclays High Yield Bond ETF's management team includes the folowing people:
- Frank Nesvet, Independent Chairman of the Board of Trustees (Age 69)
- James E. Ross, President, Trustee (Age 52)
- Julie B. Piatelli, Chief Compliance Officer (Age 45)
- Ellen M. Needham, Vice President (Age 46)
- Michael P. Riley, Vice President (Age 44)
- Gary L. French, Treasurer (Age 64)
- Matthew W. Flaherty, Assistant Treasurer (Age 42)
- Chad C. Hallett, Assistant Treasurer (Age 47)
- Laura Healy, Assistant Treasurer (Age 52)
- Ryan M. Louvar, Secretary (Age 42)
Who are SPDR Bloomberg Barclays High Yield Bond ETF's major shareholders?
SPDR Bloomberg Barclays High Yield Bond ETF's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bank of America Corp DE (7.91%), BlackRock Inc. (2.89%), Hsbc Holdings PLC (1.91%), LPL Financial LLC (1.60%), United Services Automobile Association (1.38%) and Bluefin Trading LLC (1.28%).
Which major investors are selling SPDR Bloomberg Barclays High Yield Bond ETF stock?
JNK stock was sold by a variety of institutional investors in the last quarter, including Rafferty Asset Management LLC, United Services Automobile Association, FDx Advisors Inc., Advisor Group Inc., Global Financial Private Capital LLC, Meeder Asset Management Inc., Sumitomo Mitsui Financial Group Inc. and Nuveen Asset Management LLC.
Which major investors are buying SPDR Bloomberg Barclays High Yield Bond ETF stock?
JNK stock was bought by a variety of institutional investors in the last quarter, including Bluefin Trading LLC, Merit Financial Group LLC, Hsbc Holdings PLC, BlackRock Inc., Bank of America Corp DE, Bank of New York Mellon Corp, Voloridge Investment Management LLC and Thrivent Financial for Lutherans.
How do I buy shares of SPDR Bloomberg Barclays High Yield Bond ETF?
Shares of JNK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is SPDR Bloomberg Barclays High Yield Bond ETF's stock price today?
One share of JNK stock can currently be purchased for approximately $35.51.
How big of a company is SPDR Bloomberg Barclays High Yield Bond ETF?
SPDR Bloomberg Barclays High Yield Bond ETF has a market capitalization of $8.15 billion.
What is SPDR Bloomberg Barclays High Yield Bond ETF's official website?
How can I contact SPDR Bloomberg Barclays High Yield Bond ETF?
SPDR Bloomberg Barclays High Yield Bond ETF's mailing address is State Street Financial Center One Lincoln Street, Boston, MA 02111, United States. The exchange traded fund can be reached via phone at +1-866-7872257.
MarketBeat Community Rating for SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA JNK)
MarketBeat's community ratings are surveys of what our community members think about SPDR Bloomberg Barclays High Yield Bond ETF and other stocks. Vote "Outperform" if you believe JNK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe JNK will underperform the S&P 500 over the long term. You may vote once every thirty days.
