SPDR Barclays High Yield Bond ETF Announces Monthly Distribution of $0.5291

The SPDR Barclays High Yield Bond ETF (JNK) has declared a monthly distribution of $0.5291. The 30-Day SEC Yield is 7.71% as of April 29. The payment date is May 6, with a record date of May 1 and an ex-dividend date of May 1.

The Neuberger Berman High Yield Strategies Fund (NYSE American: NHS) has announced its monthly distribution of $0.0905 per share of common stock. This distribution will be paid on May 30, 2025, with a record date of May 15, 2025. The fund maintains a level distribution policy, aiming to make regular monthly distributions of $0.0905 per share, subject to market conditions [1].

The SPDR Barclays High Yield Bond ETF (JNK), on the other hand, has declared a monthly distribution of $0.5291. The 30-Day SEC Yield is 7.71% as of April 29. The payment date is May 6, with a record date of May 1 and an ex-dividend date of May 1 [2].

Both funds invest in high-yield corporate bonds, with the Neuberger Berman fund having a minimum 80% investment in the underlying index, and the SPDR ETF having a minimum 90% investment in fixed income securities of the types included in the underlying index [1][2].

The Neuberger Berman fund's ability to maintain its distribution rate is influenced by income stability from investments, the cost of leverage, and fund fees and expenses. The SPDR ETF's yield is influenced by the underlying index's performance and the fund's ability to track it.

References:
[1] https://www.stocktitan.net/news/NHS/neuberger-berman-high-yield-strategies-fund-announces-monthly-mdhr4r4v8fn0.html
[2] https://finance.yahoo.com/quote/HYG/