JNKState Street SPDR Bloomberg High Yield Bond ETF

Get income18y track recordRanked #151 of 1,622 in this goal

Seeks to provide investment results that correspond to the price and yield performance of an index that tracks the U.S. high yield corporate bond market.

By State Street Investment Management · Launched 2007

Annual Cost

0.40%

#2,058 of 5,562 · average

Fund Size

$7.7B

#328 of 5,562 · large

Dividend YieldGoal

6.59%

Track Record

18 years

#551 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,485+4.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

Bloomberg High Yield Very Liquid Index

What it actually holds

By weight

Concentration

Top 10 holdings = 10.2% of fund✓ well diversified

State Street Global Advisors

6.4%

1261229 BC LTD

0.7%

ECHOSTAR CORP

0.5%

CLOUD SOFTWARE GRP INC

0.5%

MEDLINE BORROWER LP

0.4%

QUIKRETE HOLDINGS INC

0.4%

DISH NETWORK CORP

0.4%

CLOUD SOFTWARE GRP INC

0.3%

PANTHER ESCROW ISSUER

0.3%

CARNIVAL CORP

0.3%

Asset allocation

Bonds

99.9%

Stocks

0.1%

Cash

0.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.9%Low

Year-on-year price swings

Max drawdown

-22.9%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.90Decent risk-adjusted returns

Sortino (3Y)

1.34Good downside protection

Bond profile

Duration

7.2 years

Avg maturity

10.0 years

Credit ratings

53.8%

38.8%

Below B

8.0%

Other

0.1%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide investment results that correspond to the price and yield performance of an index that tracks the U.S. high yield corporate bond market.
Strategy: Invests primarily in securities comprising the Bloomberg High Yield Very Liquid Index using a sampling strategy. May also invest in cash equivalents and derivatives to manage cash flows and obtain investment exposure.
Inception date: November 28, 2007
Fund family: State Street Investment Management