SJNK
State Street SPDR Bloomberg Short Term High Yield Bond ETF
$25.04
+0.02
(+0.08%)
AUM
$4.73B
Expense Ratio
0.40%
NAV
$24.98
Holdings
1162
Asset Class
Fixed Income
Inception
03/14/2012
Provider
SPDR
Top Holdings
Fund Description
The State Street SPDR Bloomberg Short Term High Yield Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg US High Yield 350mn Cash Pay 0-5 Yr 2% Capped Index (the "Index")Seeks to provide diversified exposure to short-term US dollar-denominated high yield corporate bondsPotentially presents less interest rate risk than high yield bonds with longer durationA more cost efficient way to implement a high yield exposure than via individual bonds