SPDR Bloomberg Short Term High Yield Bond ETFSJNK
SJNK
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
35% more repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 109
0.7% less ownership
Funds ownership: 70.2% [Q2] → 69.5% (-0.7%) [Q3]
1% less funds holding
Funds holding: 354 [Q2] → 351 (-3) [Q3]
9% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 35
13% less funds holding in top 10
Funds holding in top 10: 24 [Q2] → 21 (-3) [Q3]
13% less capital invested
Capital invested by funds: $3.28B [Q2] → $2.87B (-$416M) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for SJNK.
Financial journalist opinion
Negative
Seeking Alpha
3 months ago
SJNK: Low-Volatility Junk Bond ETF
SPDR® Bloomberg Short Term High Yield Bond ETF (SJNK) aims to reduce risk by focusing on junk bonds with maturities under 5 years. SJNK is well-diversified across sectors and issuers, with a significant allocation to consumer cyclicals and industrials. Despite marginally outperforming a junk bond benchmark, SJNK has suffered significant value decay and underperformed "fallen angels" ETFs.
Positive
Seeking Alpha
5 months ago
Finding The Sweetspot Across The Yield Curve At 7-9% Yields
Many investors oversimplify the investment process with respect to duration by thinking about the concept on a single spectrum. They also focus overly on today's yield rather than considering reinvestment risk as well as capital gains consequences. We discuss two of these investment process shortcomings and highlight a number of attractive holdings in the context of the current market environment.
Positive
ETF Trends
7 months ago
ETF Prime: Rosenbluth on Fixed Income Polling and More
On this week's episode of ETF Prime, host Nate Geraci was joined by VettaFi Head of Research Todd Rosenbluth to discuss polling results from VettaFi's Fixed Income Symposium. Afterward, Richard Kerr, Partner at K&L Gates, brought a legal analysis to multi-share class structure filings.
Positive
ETF Trends
7 months ago
Taking on More Credit and Less Rate Risk
The largest high yield bond ETFs have been out of favor for much of 2024. However, many advisors recently told VettaFi they think the style will perform best going forward.
Positive
Seeking Alpha
7 months ago
SJNK ETF: If You Really Want High-Yield Exposure
Fixed-income markets are uncertain due to interest rate uncertainty, but there are opportunities in high-yield credit. The SPDR Bloomberg Short-Term High Yield Bond ETF is a well-rounded short-term high-yield fixed-income ETF.
Positive
Seeking Alpha
9 months ago
SJNK: Short-Term High-Yield Bond ETF, Strong 7.3% Yield, Good Performance
Federal Reserve hikes have led to higher yields across the board. High-yield corporate bonds offer particularly enticing yields.
Neutral
Seeking Alpha
9 months ago
SJNK: Short Duration Junk Just In Case The Fed Isn't Done
Consider junk bond funds with shorter duration and lower volatility, such as the SPDR® Bloomberg Short Term High Yield Bond ETF.
Neutral
Seeking Alpha
1 year ago
Brookfield Real Assets Vs SJNK: Birds Of A Feather
The Brookfield Real Assets Income Fund cut its distribution in August and predictably got punished for it. Since it predominantly holds high yield assets, we compare it to a high yield bond ETF. We conclude with our outlook on the Brookfield Fund.
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