SPDR Bloomberg High Yield Bond ETF (JNK)
| Assets | $8.11B |
| Expense Ratio | 0.40% |
| PE Ratio | 19.98 |
| Shares Out | 84.27M |
| Dividend (ttm) | $6.33 |
| Dividend Yield | 6.64% |
| Ex-Dividend Date | Dec 19, 2024 |
| Payout Ratio | 132.58% |
| 1-Year Return | +0.93% |
| Volume | 4,355,286 |
| Open | 94.79 |
| Previous Close | 94.77 |
| Day's Range | 94.79 - 95.47 |
| 52-Week Low | 92.47 |
| 52-Week High | 97.90 |
| Beta | 0.47 |
| Holdings | 1215 |
| Inception Date | Nov 28, 2007 |
About JNK
Fund Home PageThe SPDR Bloomberg High Yield Bond ETF (JNK) is an exchange-traded fund that is based on the Bloomberg High Yield Very Liquid index. The fund tracks a market-weighted index of highly liquid, high-yield, US dollar-denominated corporate bonds. JNK was launched on Nov 28, 2007 and is issued by State Street.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.520 | n/a |
| Dec 2, 2024 | $0.524 | n/a |
| Nov 1, 2024 | $0.531 | Nov 6, 2024 |
| Oct 1, 2024 | $0.528 | Oct 4, 2024 |
| Sep 3, 2024 | $0.527 | Sep 6, 2024 |
| Aug 1, 2024 | $0.525 | Aug 6, 2024 |
News
JNK: Underweighting Makes Sense
JNK provides exposure to high-yield junk bonds issued in the US. A high yield but faces high credit risk and refinancing risk amid current economic conditions. Despite its impressive long-term perform...
Our Simple Plan To Hedge Volatility, Grab 8.5% Dividends
At times like these, with the economic outlook uncertain and volatility likely, we want to be certain of one thing: We're still in stocks (and stock-focused funds)! But of course, we want to make sure...
Emerging Markets Stocks Tied With U.S. Equities Year To Date
Exclude China and broadly defined EM stocks are posting substantially softer results, based on a set of ETFs through Friday's close. US shares are effectively neck and next with EM so far in 2024.
Bonds Are Back: Here's How To Ride The Trend For 10% Income
The spike in volatility we've seen in the last month has gotten me thinking a lot about the last decade—when bonds were a bust and tech ruled the day.
The Active Approach To Fixed Income
Fixed income securities are much broader than areas that typically receive allocation. Preferreds are often overlooked due to perceived riskiness, but can be safer than bonds of troubled companies. Sp...
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 reinvest...
JNK: Risk Vs. Reward Out Of Whack
SPDR Bloomberg High Yield Bond ETF offers high yield and modest capital gains. However, the credit risk is high as over 99% of the holdings are rated below investment grade. A 1.67% premium over the r...
Top 10 Most Shorted ETFs Still Attract Inflows
Over the last month, the top ten most shorted ETFs have attracted Inflows of $5.6B. As equity markets in the US continue to set record highs, investors appear to expect the bull market to continue. ET...
What junk? High-yield bonds outperform in a turbulent April
High-yield, or “junk,” bonds outperformed in a turbulent April for financial assets, showing surprising resilience despite a sharp spike in volatility in benchmark borrowing rates.
U.S. Weekly FundFlows Insight Report: Fund Market Sees First Weekly Inflow In Three, Adding $5.5 Billion
Last week, the fund market saw an astonishing $143.5 billion in outflows - the largest weekly outflow since the week ending September 16, 2009.
Corporate bond ETFs HYG and JNK suffer outflows amid Fed jitters
Investors are dumping corporate Exchange Traded Funds (ETFs) as signs emerge that the Federal Reserve will maintain higher rates for longer because of the stubbornly high inflation in the US. Data by ...
JNK: The Backdrop For Junk Bonds Has Moderated (Rating Downgrade)
The article evaluates the SPDR Bloomberg High Yield Bond ETF as an investment option at its current market price. I express caution due to the uncertainty surrounding rate cuts and inflation, which co...
JNK: Why Junk Bonds Live Up To Their Name
SPDR Bloomberg High Yield Bond ETF offers broad diversification and a high yield, but the current macro environment suggests avoiding high-yield bonds.
High-yield bond compensation shrinks to levels ‘only sustainable in an economic upturn'
Compensation that investors are getting from high-yield bonds has fallen to levels “only sustainable in an economic upturn,” according to BofA Global Research.
NHS: This Fund Is Looking Very Expensive Given Current Fundamentals (Rating Downgrade)
Neuberger Berman High Yield Strategies Fund offers a very high level of income with a 13.46% current yield, higher than most other closed-end funds.
Why high-yield bond ETFs may deliver ‘surprise' outperformance in fixed income in 2024
Hello! For this week's ETF Wrap, I caught up with Michael Arone, State Street's chief investment strategist, at the Exchange ETF conference in Miami. He shared his take on bonds as ETF investors look ...
ETF investors fled cash-like bonds in January, favoring these areas of stocks and fixed income
Hello! This week's ETF Wrap gives you a look at where investors put their money to work in January — and where they didn't.
U.S. Weekly FundFlows Insight Report: Equity ETFs Suffer First Weekly Redemption In 15 Weeks - Conventional Equity Funds Witness Their Hundredth Week Of Net Redemptions
U.S. Weekly FundFlows Insight Report: Equity ETFs Suffer First Weekly Redemption In 15 Weeks - Conventional Equity Funds Witness Their Hundredth Week Of Net Redemptions
PIMCO CEF Update: PIMCO Trades The October Swoon
We provide a November update for the PIMCO CEF taxable suite. Coverage across PIMCO's tax-exempt funds increased slightly in November, while coverage for taxable funds decreased by around 10% on avera...
