The SPDR ® Bloomberg Barclays 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 Barclays High Yield Very Liquid Index (the "Index") Seeks to provide a diversified exposure to US dollar-denominated high yield corporate bonds … These effects are usually pronounced for longer-term securities. The vertical axis of the line graph shows the premium/discount expressed as a percentage of NAV. Ten-year Treasury yield is up by 1 bps to 0.931%. ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance. It is not known whether the sectors or securities shown will be profitable in the future. The YTW is calculated by making worst-case scenario assumptions on the issue by calculating the return that would be received if the issuer uses provisions, including prepayments. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. Bonds generally present less short-term risk and volatility than stocks, but contain interest rate risk (as interest rates rise, bond prices usually fall); issuer default risk; issuer credit risk; liquidity risk; and inflation risk. SPYD | A complete SPDR Portfolio S&P 500 High Dividend ETF exchange traded fund overview by MarketWatch. Not all products will be available to all investors. The Parent Pillar is our rating of SPHY’s parent organization’s priorities and whether they’re in line with investors’ interests. DWFI - SPDR Dorsey Wright Fixed Income Allocation ETF: This SPDR fund contains a mix of bonds, including municipal, high-yield, and Treasury bonds. While the shares of ETFs are tradable on secondary markets, they may not readily trade in all market conditions and may trade at significant discounts in periods of market stress. Nasdaq 100. Before investing, consider the funds' investment objectives, risks, charges and expenses. Effective 4/1/2019, the Fund seeks to track the ICE BofA US High Yield Index. In the last 10 years, the SPDR Barclays High Yield Bond ETF (JNK) ETF obtained a 5.38% compound annual return, with a 7.84% standard deviation.. It is not possible to invest directly in an index. The information provided on the Site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. The ICE BofA US High Yield Index is market capitalization weighted and is designed to measure the performance of U.S. dollar denominated below investment grade (commonly referred to as "junk") corporate debt publicly issued in the U.S. domestic market. Morningstar Quantitative Rating™ for funds. Brokerage commissions and ETF expenses will reduce returns. Are you sure you want to change languages? Add High Yield to Your Municipal Bond Mix with the HYD ETF Ben Hernandez December 14, 2020 Government debt has typically been viewed through the lens of a solid safe haven play. universe to create the Morningstar Quantitative Rating (denoted on this page by a The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating. Unless otherwise noted all information contained herein is that of the SPDR Portfolio High Yield Bond ETF. View the latest ETF prices and news for better ETF investing. Number of days the ETF closing price was above the NAV. Find real-time JNK - SPDR® Bloomberg Barclays High Yield Bond ETF stock quotes, company profile, news and forecasts from CNN Business. Market Price of last reported trade on the exchange. ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc. are not affiliated with State Street Global Advisors Funds Distributors, LLC. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Type: Preferred stock. These bonds are defined as securities with credit ratings of less than ‘BB’. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. © 2020 %%State Street Corporation%%. Incorporates the effect of embedded options for corporate bonds and changes in prepayments for mortgage-backed securities. Add to Watchlist. Assets under management: $5.6 billion. The formula for current yield is a bond's annual coupons divided by its current price. In 2019, the portfolio granted a 6.06% dividend yield.If you are interested in getting periodic income, please refer to the SPDR Barclays High Yield Bond ETF (JNK): Dividend Yield … Performance returns for periods of less than one year are not annualized. Certain State Street affiliates provide services and receive fees from the SPDR ETFs. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. Learn about the importance of a low-cost core and how to build it with SPDR Portfolio ETFs ». The market weighted average rate of return anticipated on the bonds held in a portfolio if they were to be held to their maturity date. The SPDR® Portfolio High Yield Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the ICE BofA US High Yield Index (the "Index") One of the low cost core SPDR Portfolio ETFs… Fund Name: SPDR® Portfolio High Yield Bond ETF: Issuer: State Street: Total Net Assets: $176,356,037: Inception: 06/18/2012: Related Index: ice bofa us high yield index: Expense Ratio: 0.15% : Net Asset … Unlock our full analysis with Morningstar Premium. SPDR Barclays High Yield Bond ETF (NYSEARCA:JNK) - $0.1704. Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100). their past ratings decisions, and the data used to support those decisions. Ordinary brokerage commissions may apply. ALPS Distributors, Inc., member FINRA, is the distributor for DIA, MDY and SPY, all unit investment trusts. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers. A bond's annual return based on its annual coupon payments and current price (as opposed to its original price or face). Please see the prospectus for more details. Effective April 1, 2019, the Fund's benchmark index changed from the ICE BofAML US Diversified Crossover Corporate Index (the “Previous Benchmark Index”) to the ICE BofA US High Yield Index, consistent with a change in the Fund's principal investment strategy to track the performance of the new index. Number of days the ETF closing price was below the NAV. The fund's total annual operating expense ratio. +0.05 (+0.19%) DATA AS OF Dec 15, 2020 9:47 AM ET. SPHY Dividend History & Description — SPDR® Portfolio High Yield Bond ETF Learn more about the SPHY SPDR® Portfolio High Yield Bond ETF at ETF Channel. After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. The Index includes securities rated below investment grade (based on an average of Moody's Investors Service, Inc., Fitch, Inc., and Standard & Poor's Financial Services, LLC) with at least 18 months remaining to final maturity at the time of issuance and at least one year remaining term to final maturity as of the Index's rebalancing date. The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 download a prospectus or summary prospectus now, or talk to your financial advisor. Performance of an index is not illustrative of any particular investment. Click here for more on how to use these ratings. Passively managed funds hold a range of securities that, in the aggregate, approximates the full Index in terms of key risk factors and other characteristics. The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. Any fixed income security sold or redeemed prior to maturity may be subject to a substantial gain or loss. When aggregating YTW for a portfolio level statistic, the weighted average of the YTW and market value for each security is used. "ICE Data" and "the ICE BofA US High Yield Index" (the "Index") are trademarks of Ice Data Indices, LLC or its affiliates, and have been licensed for use by SSGA. SPDR Portfolio High Yield Bond ETF is an exchange-traded fund incorporated in the USA. When aggregating Current Yield for a portfolio level statistic, the weighted average of the Current Yield and market value for each security is used. In general, ETFs can be expected to move up or down in value with the value of the applicable index. The Site is not directed to any person in any jurisdiction where the publication or availability of the Site is prohibited, by reason of that person's nationality, residence or otherwise. Before investing, consider the funds' investment objectives, risks, charges and expenses. SPDR Bloomberg Barclays High Yield Bond ETF is an exchange-traded fund incorpor- ated in the USA. The horizontal axis indicates the date at which the premium/discount occurred. Terms and Conditions Privacy Policy Disclosures Member User Agreement Corrections Cookies, Muni National Intermediate-Term Bond ETFs. Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day. SPDR® Portfolio High Yield Bond ETF Dividend policy Active Price as of: DEC 10, 07:00 PM EDT $26.29 -0.03 0% primary theme High Yield Bond SPHY (ETF) SPDR® Portfolio High Yield Bond ETF Dividend policy Active Price as of: DEC 10, 07:00 PM EDT $26.29 -0.03 0% primary theme High Yield Bond … ALPS Portfolio Solutions Distributor, Inc., member FINRA, is the distributor for Select Sector SPDRs. SSGA Intermediary Business offers a number of products and services designed specifically for various categories of investors. Performance of an index is not illustrative of any particular investment. The number of funds that receive a Morningstar Analyst Rating is limited by the size of the Morningstar analyst team. Non-diversified fund may invest in a relatively small number of issuers, a decline in the market value may affect its value more than if it invested in a larger number of issuers. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257, download a prospectus or summary prospectus  now, or talk to your financial advisor. Content on this site is approved for Investment Professional use only. 10/01 14:20. Click here for more on how to use these ratings. They are listed on major US Stock Exchanges. Get detailed information about the SPDR Portfolio High Yield Bond ETF including Price, Charts, Technical Analysis, Historical data, SPDR Portfolio High Yield Bond Reports and more. It is gross of any fee waivers or expense reimbursements. SEC yield: … Find real-time SPHY - SPDR® Portfolio High Yield Bond ETF stock quotes, company profile, news and forecasts from CNN Business. To expand the number of funds we cover, we have developed a machine-learning model that uses the decision-making processes of our analysts, The ICE BofA US High Yield Index reflects linked performance returns of both the ICE BofA US High Yield Index and the ICE BofAML US Diversified Crossover Corporate Index. The information on this web site is only for such persons. (Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given security. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. 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