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SJNK Price & Analysis

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SJNK ETF Chart & Stats

ETF Overview

SPDR Bloomberg Short Term High Yield Bond ETF

The SPDR Bloomberg Short Term High Yield Bond ETF, trading under the ticker SJNK, is a dynamic investment vehicle designed for those seeking exposure to the high-yield bond market with a focus on short-term maturity. As a corporate bond ETF, SJNK provides investors with access to a diversified portfolio of lower-rated corporate bonds, often referred to as "junk bonds," which typically offer higher interest rates due to their increased risk compared to investment-grade securities. This ETF stands out in its niche by concentrating on bonds with shorter maturities, generally under three years. This strategic focus helps to mitigate some of the interest rate risk associated with longer-term high-yield bonds while still capturing attractive yields. For investors looking to enhance their portfolio's income potential without extending too far into the future, SJNK offers a compelling balance of risk and reward. The fund leverages the comprehensive capabilities of Bloomberg's bond indices to ensure a broad-based yet targeted approach, capturing the essence of the high-yield market while maintaining a disciplined maturity constraint. As such, SJNK serves as an efficient and accessible means for investors to participate in the high-yield segment, providing both diversification and the potential for enhanced income.
Asset Class
Fixed Income
Region
North America
Issuer
SPDR
Index Tracked
Bloomberg US High Yield 350mn Cash Pay 2% Capped (0-5 Y)
Ticker Symbol
SJNK

SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) Fund Flow Chart

SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) 1 year Net Flows: $546M

SJNK ETF FAQ

What was SJNK’s price range in the past 12 months?
SJNK lowest ETF price was $24.67 and its highest was $25.77 in the past 12 months.
    What is the AUM of SJNK?
    As of Jan 29, 2025 The AUM of SJNK is 4.92B.
      Is SJNK overvalued?
      According to Wall Street analysts SJNK’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
        Does SJNK pay dividends?
        SJNK pays a Monthly dividend of $0.159 which represents an annual dividend yield of 7.34%. See more information on SJNK dividends here
          How many shares outstanding does SJNK have?
          SJNK has 193,300,000 shares outstanding.
            Which hedge fund is a major shareholder of SJNK?
            Among the largest hedge funds holding SJNK’s share is Fortitude Family Office, LLC. It holds SJNK’s shares valued at 7K.

              Top 10 Holdings

              Name
              Weight %
              USD_CASH
              EchoStar Corporation 10.75% 30-NOV-2029
              0.63%
              USD_CASH
              Mozart Debt Merger Sub, Inc. 3.875% 01-APR-2029
              0.62%
              USD_CASH
              TIBCO Software Inc. 6.5% 31-MAR-2029
              0.55%
              USD_CASH
              DIRECTV Financing LLC 5.875% 15-AUG-2027
              0.48%
              USD_CASH
              TransDigm Inc. 6.375% 01-MAR-2029
              0.45%
              USD_CASH
              CCO Holdings, LLC 5.125% 01-MAY-2027
              0.44%
              USD_CASH
              AAdvantage Loyalty IP Ltd. 5.75% 20-APR-2029
              0.44%
              USD_CASH
              Venture Global LNG, Inc. 9.5% 01-FEB-2029
              0.43%
              USD_CASH
              DISH Network Corporation 11.75% 15-NOV-2027
              0.43%
              USD_CASH
              Uniti Group LP 10.5% 15-FEB-2028
              0.39%
              Total4.85%
              See All Holdings
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