No press releases found.
SPDR Barclays Short Term High Yield Bond ETF declares monthly distribution of $0.1419
Seeking Alpha News (Tue, 1-Sep 1:41 PM ET)
The State Street SPDR Bloomberg Short Term High Yield Bond ETF (the "Fund") seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks the U.S. high yield short term corporate bond market. In seeking to track the performance of the Bloomberg US High Yield 350mn Cash Pay 0-5 Yr 2% Capped Index (the "Index"), the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Index. The Index is designed to measure the performance of short-term publicly issued U.S. dollar-denominated high yield corporate bonds. High yield securities are generally rated below investment-grade and are commonly referred to as "junk" bonds. The Index includes publicly issued U.S. dollar denominated, non-investment-grade, fixed rate, taxable corporate bonds that have a remaining maturity of less than 5 years regardless of optionality, are rated between Caa3/CCC-/CCC- and Ba1/BB+/BB+ using the middle rating of Moody's Investors Service, Inc., Fitch Ratings Inc., or S&P Global Ratings, respectively, and have at least a $350 million outstanding par value.
State Street SPDR Bloomberg Short Term High Yield Bond ETF trades on the ARCA stock market under the symbol SJNK.
As of September 4, 2026, SJNK stock price declined to $24.71 with 1,477,625 million shares trading.
SJNK has a beta of 0.18, meaning it tends to be less sensitive to market movements. SJNK has a correlation of 0.54 to the broad based SPY ETF.
SJNK has a market cap of $4.75 billion. This is considered a Mid Cap stock.
In the last 3 years, SJNK traded as high as $25.77 and as low as $23.90.
SJNK has underperformed the market in the last year with a price return of +4.5% while the SPY ETF gained +20.8%. SJNK has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +1.3% and 0.0%, respectively, while the SPY returned +2.4% and +1.0%, respectively.
SJNK support price is $24.68 and resistance is $24.76 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SJNK shares will trade within this expected range on the day.