State Street SPDR Bloomberg Short Term High Yield Bond ETF (SJNK)High Yield Bond | Exchange Traded Fund | NYSEArca
24.88 USD
-0.03
(-0.120%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 24.86 -0.02 (-0.020%) ⇩ (July 13, 2026, 7:53 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 6:15 a.m. EDT
The long-term rating remains neutral because the multi-year price trajectory shows a net decline of roughly 7% over the last nine years, even though the most recent annual return was positive. This indicates the market has consistently reassessed the business quality downward over time, likely due to the inherent risks of high-yield debt in a rising rate environment. While the trailing PE of under 1x suggests deep value, it reflects these structural concerns rather than a margin of safety. The short-term outlook is similarly flat; recent price action has been range-bound near the 50-day average, and the statistical forecast model predicts zero directional movement over the next 45 days. The 7% dividend yield is attractive but comes with the caveat that the underlying assets are sensitive to credit spread widening, making it a hold rather than a buy. Investors should view this as a defensive income play with limited capital appreciation potential. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.006871 |
| AutoETS | 0.006871 |
| AutoTheta | 0.007122 |
| MSTL | 0.007188 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 79% |
| H-stat | 1.16 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.753 |
| Excess Kurtosis | 0.21 |
| Attribute | Value |
|---|---|
| Trailing P/E | 0.90 |
As of July 11, 2026, 6:15 a.m. EDT: Options activity is sparse and lacks directional conviction. Call volume is negligible across expirations, while put open interest is concentrated at the $23 strike for September, suggesting a minor hedge against downside rather than a speculative bet on a crash. Implied volatility is extremely low, indicating the market expects minimal price movement in the near term.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.59% | 6.95% | 7.30% | 6.66% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-07-01 | 0.147 | 0.590124 |
| 2026-06-01 | 0.143 | 0.572458 |
| 2026-05-01 | 0.143 | 0.570403 |
| 2026-04-01 | 0.151 | 0.606913 |
| 2026-03-02 | 0.144 | 0.573477 |
| 2026-02-02 | 0.140 | 0.553360 |
| 2025-12-18 | 0.145 | 0.574257 |
| 2025-12-01 | 0.144 | 0.569620 |
| 2025-11-03 | 0.142 | 0.562376 |
| 2025-10-01 | 0.146 | 0.572549 |
| 2025-09-02 | 0.152 | 0.599369 |
| 2025-08-01 | 0.153 | 0.605222 |
| 2025-07-01 | 0.148 | 0.584287 |
| 2025-06-02 | 0.155 | 0.618269 |
| 2025-05-01 | 0.155 | 0.623742 |
| 2025-04-01 | 0.159 | 0.634984 |
| 2025-03-03 | 0.152 | 0.597954 |
| 2025-02-03 | 0.152 | 0.598897 |
| 2024-12-19 | 0.160 | 0.637704 |
| 2024-12-02 | 0.155 | 0.607605 |
| 2024-11-01 | 0.156 | 0.616114 |
| 2024-10-01 | 0.158 | 0.617187 |
| 2024-09-03 | 0.155 | 0.613376 |
| 2024-08-01 | 0.158 | 0.629984 |
| 2024-07-01 | 0.156 | 0.629032 |
| 2024-06-03 | 0.157 | 0.631029 |
| 2024-05-01 | 0.160 | 0.645422 |
| 2024-04-01 | 0.158 | 0.632000 |
| 2024-03-01 | 0.159 | 0.632962 |
| 2024-02-01 | 0.155 | 0.616057 |
| 2023-12-18 | 0.142 | 0.567093 |
| 2023-12-01 | 0.148 | 0.596293 |
| 2023-11-01 | 0.176 | 0.731505 |
| 2023-10-02 | 0.161 | 0.665289 |
| 2023-09-01 | 0.152 | 0.616133 |
| 2023-08-01 | 0.152 | 0.617886 |
| 2023-07-03 | 0.142 | 0.578883 |
| 2023-06-01 | 0.153 | 0.627049 |
| 2023-05-01 | 0.144 | 0.587755 |
| 2023-04-03 | 0.153 | 0.620690 |
| 2023-03-01 | 0.154 | 0.629599 |
| 2023-02-01 | 0.133 | 0.530938 |
| 2022-12-19 | 0.145 | 0.595238 |
| 2022-12-01 | 0.142 | 0.573969 |
| 2022-11-01 | 0.122 | 0.503508 |
| 2022-10-03 | 0.132 | 0.553459 |
| 2022-09-01 | 0.143 | 0.585586 |
| 2022-08-01 | 0.109 | 0.435130 |
| 2022-07-01 | 0.121 | 0.501243 |
| 2022-06-01 | 0.107 | 0.420102 |
| 2022-05-02 | 0.107 | 0.420763 |
| 2022-04-01 | 0.097 | 0.370937 |
| 2022-03-01 | 0.096 | 0.365436 |
| 2022-02-01 | 0.098 | 0.365945 |
| 2021-12-17 | 0.119 | 0.441067 |
| 2021-12-01 | 0.095 | 0.353949 |
| 2021-11-01 | 0.092 | 0.338360 |
| 2021-10-01 | 0.091 | 0.333089 |
| 2021-09-01 | 0.090 | 0.328467 |
| 2021-08-02 | 0.087 | 0.318681 |
| 2021-07-01 | 0.097 | 0.352727 |
| 2021-06-01 | 0.091 | 0.332481 |
| 2021-05-03 | 0.090 | 0.329188 |
| 2021-04-01 | 0.090 | 0.329791 |
| 2021-03-01 | 0.106 | 0.390136 |
| 2021-02-01 | 0.096 | 0.355819 |
| 2020-12-18 | 0.113 | 0.422114 |
| 2020-12-01 | 0.113 | 0.424493 |
| 2020-11-02 | 0.116 | 0.449264 |
| 2020-10-01 | 0.125 | 0.484308 |
| 2020-09-01 | 0.102 | 0.391254 |
| 2020-08-03 | 0.121 | 0.466821 |
| 2020-07-01 | 0.134 | 0.533865 |
| 2020-06-01 | 0.115 | 0.457985 |
| 2020-05-01 | 0.133 | 0.552555 |
| 2020-04-01 | 0.122 | 0.532751 |
| 2020-03-02 | 0.120 | 0.452489 |
| 2020-02-03 | 0.126 | 0.470676 |
| 2019-12-20 | 0.118 | 0.439642 |
| 2019-12-02 | 0.123 | 0.463277 |
| 2019-11-01 | 0.123 | 0.459470 |
| 2019-10-01 | 0.126 | 0.469624 |
| 2019-09-03 | 0.124 | 0.461653 |
| 2019-08-01 | 0.127 | 0.470545 |
| 2019-07-01 | 0.126 | 0.464259 |
| 2019-06-03 | 0.127 | 0.475834 |
| 2019-05-01 | 0.130 | 0.478293 |
| 2019-04-01 | 0.128 | 0.471629 |
| 2019-03-01 | 0.136 | 0.502030 |
| 2019-02-01 | 0.131 | 0.487170 |
| 2018-12-19 | 0.126 | 0.483129 |
| 2018-12-03 | 0.124 | 0.462687 |
| 2018-11-01 | 0.126 | 0.465804 |
| 2018-10-01 | 0.128 | 0.465116 |
| 2018-09-04 | 0.127 | 0.463842 |
| 2018-08-01 | 0.127 | 0.462997 |
| 2018-07-02 | 0.127 | 0.467427 |
| 2018-06-01 | 0.124 | 0.454879 |
| 2018-05-01 | 0.121 | 0.443223 |
| 2018-04-02 | 0.102 | 0.375276 |
| 2018-03-01 | 0.126 | 0.460863 |
| 2018-02-01 | 0.123 | 0.445491 |
| 2017-12-19 | 0.120 | 0.437158 |
| 2017-12-01 | 0.127 | 0.460312 |
| 2017-11-01 | 0.128 | 0.460432 |
| 2017-10-02 | 0.126 | 0.452424 |
| 2017-09-01 | 0.129 | 0.463529 |
| 2017-08-01 | 0.128 | 0.457961 |
| 2017-07-03 | 0.129 | 0.463362 |
| 2017-06-01 | 0.130 | 0.463789 |
| 2017-05-01 | 0.132 | 0.472610 |
| 2017-04-03 | 0.134 | 0.481668 |
| 2017-03-01 | 0.137 | 0.487718 |
| 2017-02-01 | 0.134 | 0.480631 |
| 2016-12-28 | 0.135 | 0.488246 |
| 2016-12-01 | 0.135 | 0.494687 |
| 2016-11-01 | 0.136 | 0.498534 |
| 2016-10-03 | 0.138 | 0.500907 |
| 2016-09-01 | 0.141 | 0.514974 |
| 2016-08-01 | 0.138 | 0.511680 |
| 2016-07-01 | 0.130 | 0.483451 |
| 2016-06-01 | 0.133 | 0.499624 |
| 2016-05-03 | 0.122 | 0.461073 |
| 2016-05-02 | 0.122 | 0.460551 |
| 2016-04-01 | 0.116 | 0.450136 |
| 2016-03-01 | 0.131 | 0.514129 |
| 2016-02-01 | 0.109 | 0.437400 |
| 2015-12-29 | 0.127 | 0.494163 |
| 2015-12-01 | 0.132 | 0.497550 |
| 2015-11-02 | 0.118 | 0.433505 |
| 2015-10-01 | 0.129 | 0.482243 |
| 2015-09-01 | 0.131 | 0.474982 |
| 2015-08-03 | 0.130 | 0.460503 |
| 2015-07-01 | 0.127 | 0.440666 |
| 2015-06-01 | 0.121 | 0.414384 |
| 2015-05-01 | 0.126 | 0.430769 |
| 2015-04-01 | 0.122 | 0.419532 |
| 2015-03-02 | 0.129 | 0.439074 |
| 2015-02-02 | 0.101 | 0.349360 |
| 2014-12-29 | 0.132 | 0.454233 |
| 2014-12-01 | 0.119 | 0.405451 |
| 2014-11-03 | 0.129 | 0.433031 |
| 2014-10-01 | 0.144 | 0.482412 |
| 2014-09-02 | 0.123 | 0.404074 |
| 2014-08-01 | 0.130 | 0.432037 |
| 2014-07-01 | 0.132 | 0.428016 |
| 2014-06-02 | 0.127 | 0.411669 |
| 2014-05-01 | 0.135 | 0.437743 |
| 2014-04-01 | 0.131 | 0.424773 |
| 2014-03-03 | 0.141 | 0.456016 |
| 2014-02-03 | 0.135 | 0.440457 |
| 2013-12-27 | 0.128 | 0.415719 |
| 2013-12-02 | 0.133 | 0.431538 |
| 2013-11-01 | 0.132 | 0.429967 |
| 2013-10-01 | 0.136 | 0.446781 |
| 2013-09-03 | 0.138 | 0.454097 |
| 2013-08-01 | 0.132 | 0.433071 |
| 2013-07-01 | 0.134 | 0.444150 |
| 2013-06-03 | 0.134 | 0.436767 |
| 2013-05-01 | 0.138 | 0.445161 |
| 2013-04-01 | 0.139 | 0.452180 |
| 2013-03-01 | 0.156 | 0.507978 |
| 2013-02-01 | 0.147 | 0.478827 |
| 2012-12-27 | 0.159 | 0.521654 |
| 2012-12-03 | 0.160 | 0.527530 |
| 2012-10-01 | 0.172 | 0.567282 |
| 2012-09-04 | 0.164 | 0.544489 |
| 2012-08-01 | 0.175 | 0.581975 |
| 2012-07-02 | 0.173 | 0.576282 |
| 2012-06-01 | 0.153 | 0.525412 |
| 2012-05-01 | 0.154 | 0.510949 |
| Attribute | Value |
|---|---|
| All Time High | 31.18 |
| All Time Low | 21.42 |
| Ask | 0.0 |
| Ask Size | 59,100 |
| Average Daily Volume10 Day | 2,085,060 |
| Average Daily Volume3 Month | 2,649,675 |
| Average Volume | 2,649,675 |
| Average Volume10Days | 2,085,060 |
| Beta3 Year | 0.47 |
| Bid | 0.0 |
| Bid Size | 65,800 |
| Category | High Yield Bond |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 24.9175 |
| Day Low | 24.86 |
| Dividend Yield | 7.0 |
| Eps Trailing Twelve Months | 27.58 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 25.0046 |
| Fifty Day Average Change | -0.124601364 |
| Fifty Day Average Change Percent | -0.0049831374 |
| Fifty Two Week Change Percent | -1.6969204 |
| Fifty Two Week High | 25.65 |
| Fifty Two Week High Change | -0.77000046 |
| Fifty Two Week High Change Percent | -0.030019512 |
| Fifty Two Week Low | 24.72 |
| Fifty Two Week Low Change | 0.15999985 |
| Fifty Two Week Low Change Percent | 0.006472486 |
| Fifty Two Week Range | 24.72 - 25.65 |
| First Trade Date Milliseconds | 1,333,978,200,000 |
| Five Year Average Return | 0.047568403 |
| Full Exchange Name | NYSEArca |
| Fund Family | State Street Investment Management |
| Fund Inception Date | 1,331,683,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | 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. |
| Long Name | State Street SPDR Bloomberg Short Term High Yield Bond ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_182187069 |
| Nav Price | 24.90354 |
| Net Assets | 4,880,412,200.0 |
| Net Expense Ratio | 0.4 |
| Open | 24.92 |
| Post Market Change | -0.01999855 |
| Post Market Change Percent | -0.08038003 |
| Post Market Price | 24.86 |
| Post Market Time | 1,783,986,828 |
| Previous Close | 24.91 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.0300007 |
| Regular Market Change Percent | -0.120436 |
| Regular Market Day High | 24.9175 |
| Regular Market Day Low | 24.86 |
| Regular Market Day Range | 24.86 - 24.9175 |
| Regular Market Open | 24.92 |
| Regular Market Previous Close | 24.91 |
| Regular Market Price | 24.88 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 2,190,407 |
| Short Name | State Street SPDR Bloomberg Sho |
| Source Interval | 15 |
| Symbol | SJNK |
| Three Year Average Return | 0.083402395 |
| Total Assets | 4,880,412,160 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 0.90210295 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 2.11475 |
| Trailing Three Month Returns | 2.11475 |
| Triggerable | 1 |
| Two Hundred Day Average | 25.20805 |
| Two Hundred Day Average Change | -0.3280506 |
| Two Hundred Day Average Change Percent | -0.013013724 |
| Type Disp | ETF |
| Volume | 2,190,407 |
| Yield | 0.07 |
| Ytd Return | 1.82336 |