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 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$9.05 billion
Average Daily Volume$12.44 million
Discount/Premium0.50%
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 Barclays Capital High Yield Bnd ETF (NYSEARCA:JNK) Frequently Asked Questions
What is SPDR Barclays Capital High Yield Bnd ETF's stock symbol?
SPDR Barclays Capital High Yield Bnd ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "JNK."
How often does SPDR Barclays Capital High Yield Bnd ETF pay dividends? What is the dividend yield for SPDR Barclays Capital High Yield Bnd ETF?
SPDR Barclays Capital High Yield Bnd ETF declared a monthly dividend on Monday, June 4th. Shareholders of record on Monday, June 4th will be given a dividend of $0.1668 per share on Thursday, June 7th. This represents a $2.00 dividend on an annualized basis and a yield of 5.58%. The ex-dividend date is Friday, June 1st. This is a boost from SPDR Barclays Capital High Yield Bnd ETF's previous monthly dividend of $0.16. View SPDR Barclays Capital High Yield Bnd ETF's Dividend History.
Are investors shorting SPDR Barclays Capital High Yield Bnd ETF?
SPDR Barclays Capital High Yield Bnd ETF saw a increase in short interest in the month of May. As of May 31st, there was short interest totalling 47,602,595 shares, an increase of 14.7% from the May 15th total of 55,775,460 shares. Based on an average daily volume of 11,056,659 shares, the days-to-cover ratio is presently 4.3 days. View SPDR Barclays Capital High Yield Bnd ETF's Current Options Chain.
Who are SPDR Barclays Capital High Yield Bnd ETF's key executives?
SPDR Barclays Capital High Yield Bnd 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)
Has SPDR Barclays Capital High Yield Bnd ETF been receiving favorable news coverage?
Headlines about JNK stock have been trending somewhat positive on Saturday, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. SPDR Barclays Capital High Yield Bnd ETF earned a media sentiment score of 0.25 on Accern's scale. They also gave news stories about the exchange traded fund an impact score of 46.22 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
Who are SPDR Barclays Capital High Yield Bnd ETF's major shareholders?
SPDR Barclays Capital High Yield Bnd ETF's stock is owned by many different of institutional and retail investors. Top institutional shareholders include UBS Group AG (5.70%), The Manufacturers Life Insurance Company (4.65%), Wells Fargo & Company MN (4.74%), LPL Financial LLC (2.86%), Royal Bank of Canada (2.61%) and Assetmark Inc. (2.44%). View Institutional Ownership Trends for SPDR Barclays Capital High Yield Bnd ETF.
Which major investors are selling SPDR Barclays Capital High Yield Bnd ETF stock?
JNK stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Wells Fargo & Company MN, The Manufacturers Life Insurance Company, Assetmark Inc., Sei Investments Co., Global Financial Private Capital LLC, Envestnet Asset Management Inc. and Royal Bank of Canada. View Insider Buying and Selling for SPDR Barclays Capital High Yield Bnd ETF.
Which major investors are buying SPDR Barclays Capital High Yield Bnd ETF stock?
How do I buy shares of SPDR Barclays Capital High Yield Bnd 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 Barclays Capital High Yield Bnd ETF's stock price today?
One share of JNK stock can currently be purchased for approximately $35.86.
How big of a company is SPDR Barclays Capital High Yield Bnd ETF?
SPDR Barclays Capital High Yield Bnd ETF has a market capitalization of $8.64 billion.
How can I contact SPDR Barclays Capital High Yield Bnd ETF?
SPDR Barclays Capital High Yield Bnd 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 Barclays Capital High Yield Bnd ETF (JNK)
MarketBeat's community ratings are surveys of what our community members think about SPDR Barclays Capital High Yield Bnd 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.
