SJNKState Street SPDR Bloomberg Short Term High Yield Bond ETF

Get income14y track recordRanked #181 of 1,622 in this goal

Seeks to provide investment results that correspond to the price and yield performance of an index tracking U.S. high yield bonds.

By State Street Investment Management · Launched 2012

Annual Cost

0.40%

#2,058 of 5,562 · average

Fund Size

$4.8B

#448 of 5,562 · large

Dividend YieldGoal

7.03%

Track Record

14 years

#994 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,379+3.8%

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 US High Yield 350mn Cash Pay 0-5 Yr 2% Capped Index

What it actually holds

By weight

Concentration

Top 10 holdings = 10.4% of fund✓ well diversified

State Street Global Advisors

5.9%

ECHOSTAR CORP

0.7%

MEDLINE BORROWER LP

0.6%

State Street Global Advisors

0.5%

CLOUD SOFTWARE GRP INC

0.5%

CLOUD SOFTWARE GRP INC

0.5%

CCO HLDGS LLC/CAP CORP

0.4%

CCO HLDGS LLC/CAP CORP

0.4%

WULF COMPUTE LLC

0.4%

AMERICAN AIRLINES/AADVAN

0.4%

Asset allocation

Bonds

98.2%

Cash

1.7%

Stocks

0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.3%Low

Year-on-year price swings

Max drawdown

-19.7%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.99Decent risk-adjusted returns

Sortino (3Y)

1.48Good downside protection

Bond profile

Duration

6.5 years

Avg maturity

9.8 years

Credit ratings

AAA

0.4%

BBB

0.4%

52.5%

34.1%

Below B

11.6%

Other

1.0%

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 tracking U.S. high yield bonds.
Strategy: Employs a sampling strategy to track the Bloomberg US High Yield 350mn Cash Pay 0-5 Yr 2% Capped Index, investing at least 80% of assets in securities comprising the Index. May also invest in cash equivalents and use derivatives to obtain investment exposure correlated with the Index.
Inception date: March 14, 2012
Fund family: State Street Investment Management