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$9.19 billion
Average Daily Volume$15.13 million
Discount/Premium-0.28%
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 announced a monthly dividend on Thursday, November 1st. Investors of record on Friday, November 2nd will be paid a dividend of $0.1688 per share on Wednesday, November 7th. This represents a $2.03 dividend on an annualized basis and a yield of 5.80%. The ex-dividend date is Thursday, November 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?
News articles about JNK stock have been trending somewhat positive on Monday, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. SPDR Bloomberg Barclays High Yield Bond ETF earned a coverage optimism score of 1.2 on InfoTrie's scale. They also assigned news coverage about the exchange traded fund a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days.
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 October. As of October 31st, there was short interest totalling 80,360,546 shares, an increase of 23.4% from the October 15th total of 65,132,129 shares. Based on an average daily trading volume, of 13,984,518 shares, the days-to-cover ratio is currently 5.7 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 many different of institutional and retail investors. Top institutional investors include Wells Fargo & Company MN (4.23%), JPMorgan Chase & Co. (2.71%), BlackRock Inc. (2.45%), MD Financial Management Inc. (1.32%), Sei Investments Co. (1.19%) and Price Capital Management Inc. (0.93%).
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 Personal Capital Advisors Corp, Fisher Asset Management LLC, Nomura Asset Management Co. Ltd., Sei Investments Co., Q3 Asset Management, Global Financial Private Capital LLC, Morningstar Investment Services LLC and First Trust Advisors LP.
Which major investors are buying SPDR Bloomberg Barclays High Yield Bond ETF stock?
JNK stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Price Capital Management Inc., JPMorgan Chase & Co., Florin Court Capital LLP, Wells Fargo & Company MN, NextCapital Advisers Inc., Meeder Asset Management Inc. and Janney Montgomery Scott LLC.
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 $34.92.
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.
