SPDR Bloomberg High Yield Bond ETF
|
- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
SPDR Barclays High Yield Bond ETF is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the price and yield of the Barclays High Yield Very Liquid Bond Index. |
Category | Corporate |
Fund Sponsor | SSgA Funds Management Inc |
Website | www.spdrs.com |
Inception date | Nov 28, 2007 |
Assets (mns) | $8,448 |
Currency | USD |
Expense ratio | 40 bp |
Distributions | Monthly |
Regulation | Open-End Investment Company |
Custodian | State Street Bank & Trust Co |
Weighting | Market Cap |
Index replication | Optimized |
No. of constituents | 1143 |
No of distinct issuers | 665 |
Inflation protected | 0% |
Variable/Fixed coupon | 5% /95% |
Non-standard maturity (callable, etc.) | 99% |
ALTICE FRANCE SA 7.4% 5/01/26 | 0.7 % |
SPRINT CORP. 7.9% 9/15/23 | 0.6 % |
TRANSDIGM, INC. 6.3% 3/15/26 | 0.6 % |
0.0% /00/00 | 0.6 % |
CCO HOLDINGS LLC 5.1% 5/01/27 | 0.4 % |
COMMUNITY HEALTH SYST 6.3% 3/31/23 | 0.4 % |
INTELSAT JACKSON HOLD 8.5% 1/15/24 | 0.4 % |
ALTICE FINANCING SA 7.5% 5/15/26 | 0.4 % |
NEW RED FINANCE, INC. 5.0% 1/15/25 | 0.4 % |
HCA, INC. 5.4% 2/01/25 | 0.4 % |
TOTAL | 4.9 % |
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CCO HOLDINGS LLC | 2.0% |
FORD MOTOR CREDIT COMPANY LLC | 1.8% |
TENET HEALTHCARE CORPORATION | 1.3% |
CARNIVAL CORPORATION | 1.3% |
AMERICAN AIRLINES, INC. | 1.1% |
UNITED STATES | 81.0 % | |
CANADA | 4.4 % | |
UNITED KINGDOM | 1.9 % | |
LUXEMBOURG | 1.4 % | |
MACAU | 1.3 % |
HISTORICAL RETURNS
Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
1.6% | 10.8% | 3.3% | 3.2% | 4.8% |
versus... | Beta | R-squared |
---|---|---|
Barclays Agg. Bond | 1.07 | 64% |
S&P500 | 0.46 | 71% |
MSCI EAFE | 0.48 | 72% |
MSCI Emg. Mkts. | 0.34 | 39% |
Recent close | $94.41 |
30d moving avg. | $92.15 |
Annualized volatility | 9.6% |
Short interest (ETF) | 8.6% |
Relative strength (RSI) | 74 |
Avg. volume (thou.) | 6,090 |
Avg. daily value traded (mns) | $575 |
Turnover | 6.8% |
Bid/Ask (% of price) | 0.01 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
JNK | 4.4 yrs | Category Avg.* |
4.6 yrs |
JNK | 4.2% | Category Avg.* |
4.5% |
Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
+300 bp | 10.98% | -15.9% | $79.37 |
+200 bp | 9.98% | -9.9% | $85.06 |
+150 bp | 9.48% | -7.2% | $87.65 |
+100 bp | 8.98% | -4.6% | $90.07 |
+75 bp | 8.73% | -3.4% | $91.22 |
+50 bp | 8.48% | -2.2% | $92.33 |
+25 bp | 8.23% | -1.1% | $93.39 |
0 bp | 7.98% | 0% | $94.41 |
-25 bp | 7.73% | 1.0% | $95.39 |
-50 bp | 7.48% | 2.0% | $96.32 |
-75 bp | 7.23% | 3.0% | $97.22 |
-100 bp | 6.98% | 3.9% | $98.07 |
-150 bp | 6.48% | 5.5% | $99.64 |
-200 bp | 5.98% | 7.0% | $101.04 |
-300 bp | 4.98% | 9.5% | $103.34 |
*Fund Category: CORPORATE
ALTAR Score™
Calculation of ALTAR Score™ | ||
---|---|---|
Adj. Yield to Maturity | 798 | bp |
Less: Annual "default factor" | 318 | bp |
Less: Expense ratio | 40 | bp |
Equals: ALTAR Score | 4.40 | % |
Average ALTAR Score™ by Category | |
---|---|
Aggregate | 3.5% |
Corporate | 4.4% |
Emerging Market | 6.2% |
Government | 4.9% |
Inflation Protected | 3.0% |
Mortgage | 5.2% |
Municipals | 3.4% |
*Note: The SPDR Bloomberg High Yield Bond ETF is classified as a Corporate fund. |