State Street® SPDR® Bloomberg Short Term High Yield Bond ETF SJNK Strategy
Strategy
The investment seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg U.S. High Yield 350mn Cash Pay 0-5 Yr 2% Capped Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of short-term publicly issued U.S. dollar-denominated high yield corporate bonds.
|
Ticker
|
Name
|
Share Class Type
|
Investment Status
|
Morningstar Rating for Funds
Overall
|
Medalist Rating
Overall
|
Inception Date
|
Total Net Assets for Share Class
|
Adjusted Expense Ratio
|
Fee Level
Distribution
|
Minimum Initial Investment
|
1-Year Net Flow
|
|---|---|---|---|---|---|---|---|---|---|---|---|
SJNK
| State Street® SPDR® Bloomberg Short Term High Yield Bond ETF | ETF | Open | $4.40B | 0.400% | — | — | −$463.06M | |||
SJNK
| State Street® SPDR® Bloomberg Short Term High Yield Bond ETF | ETF | Open | — | — | 0.400% | — | — | — |