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
BenchmarkBloomberg Barclays High Yield Very Liquid Index
CategoryCorporate
FocusHigh Yield
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$8.90 billion
Average Daily Volume$8.34 million
Discount/Premium0.20%
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 Monday, June 3rd. Stockholders of record on Tuesday, June 4th will be given a dividend of $0.508 per share on Friday, June 7th. This represents a $6.10 annualized dividend and a dividend yield of 5.61%. The ex-dividend date of this dividend is Monday, June 3rd. This is a boost from SPDR Bloomberg Barclays High Yield Bond ETF's previous monthly dividend of $0.17. View SPDR Bloomberg Barclays High Yield Bond ETF's Dividend History.
When did SPDR Bloomberg Barclays High Yield Bond ETF's stock split? How did SPDR Bloomberg Barclays High Yield Bond ETF's stock split work?
Shares of SPDR Bloomberg Barclays High Yield Bond ETF reverse split on Monday, May 6th 2019. The 1-3 reverse split was announced on Wednesday, March 13th 2019. The number of shares owned by shareholders was adjusted after the closing bell on Friday, May 3rd 2019. An investor that had 100 shares of SPDR Bloomberg Barclays High Yield Bond ETF stock prior to the reverse split would have 33 shares after the split.
Has SPDR Bloomberg Barclays High Yield Bond ETF been receiving favorable news coverage?
Headlines about JNK stock have trended positive recently, according to InfoTrie. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. SPDR Bloomberg Barclays High Yield Bond ETF earned a news impact score of 2.5 on InfoTrie's scale. They also gave media coverage about the exchange traded fund a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the immediate future. View News Stories for SPDR Bloomberg Barclays High Yield Bond ETF.
What other stocks do shareholders of SPDR Bloomberg Barclays High Yield Bond ETF own?
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 variety of of retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (4.80%), Hanlon Investment Management Inc. (3.81%), Toews Corp ADV (2.98%), AMP Capital Investors Ltd (2.35%), Royal Bank of Canada (2.11%) and Assetmark Inc. (2.08%).
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 UBS Group AG, BlackRock Inc., Assetmark Inc., Royal Bank of Canada, Nan Shan Life Insurance Co. Ltd., LPL Financial LLC, MD Financial Management Inc. and Clark Capital Management Group Inc..
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 SG Americas Securities LLC, Toews Corp ADV, Hanlon Investment Management Inc., JPMorgan Chase & Co., AMP Capital Investors Ltd, Envestnet Asset Management Inc., WBI Investments Inc. and BNP Paribas Arbitrage SA.
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 $108.57.
How big of a company is SPDR Bloomberg Barclays High Yield Bond ETF?
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.
