SPDR Bloomberg High Yield Bond ETF (JNK)
| Assets | $8.02B |
| Expense Ratio | 0.40% |
| PE Ratio | n/a |
| Shares Out | 82.27M |
| Dividend (ttm) | $6.38 |
| Dividend Yield | 6.61% |
| Ex-Dividend Date | Oct 1, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | 74.48% |
| Volume | 4,404,157 |
| Open | 96.90 |
| Previous Close | 97.39 |
| Day's Range | 96.58 - 96.92 |
| 52-Week Low | 90.41 |
| 52-Week High | 98.24 |
| Beta | 0.44 |
| Holdings | 1219 |
| 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 |
|---|---|---|
| Oct 1, 2025 | $0.5377 | Oct 6, 2025 |
| Sep 2, 2025 | $0.52938 | Sep 5, 2025 |
| Aug 1, 2025 | $0.53913 | Aug 6, 2025 |
| Jul 1, 2025 | $0.53955 | Jul 7, 2025 |
| Jun 2, 2025 | $0.53576 | Jun 5, 2025 |
| May 1, 2025 | $0.52905 | May 6, 2025 |
Performance
JNK had a total return of 7.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.97%.
News
If I Could Only Buy 2 High-Yield Funds, It Would Be These
These two high-yield funds combine dependable income with exposure to some of the strongest long-term secular trends. They offer high yields that are backed by portfolios filled with high-quality comp...
Junk Bonds Are Less Junky. But You Still Must Be Careful.
Corporate bonds that are below investment grade status may be less likely to default now. But investors still need to be careful.
JNK: The Credit Cycle
The SPDR Bloomberg High Yield Bond ETF offers diversified exposure to US high-yield corporate bonds, aiming to convert credit risk premium into regular income. JNK's performance is driven by coupon in...
JNK Can Benefit From Lower Rates; Cuts May Be Pushed Out Due To Higher Inflation
JNK offers diversified high-yield bond exposure with limited concentration risk and a higher yield, offering investors a high-income, diversified portfolio strategy. The ETF is sensitive to interest r...
How junk bonds are signaling the same optimism about the U.S. economy as stocks
The U.S. junk bond market is sending an optimistic message about the economy, despite market volatility around tariffs.
Most U.S. Treasury Prices Slide Since 'Liberation Day'
In recent days, a new headwind is weighing on fixed income securities: a US government budget bill, which is expected to significantly raise an already hefty federal deficit in the years ahead. Long-t...
AOHY Vs. JNK: Is Active Management Better For Junk Bonds?
The Angel Oak High Yield Opportunities ETF is actively managed, but has underperformed compared to the passively managed SPDR Bloomberg High Yield Bond ETF. This is largely due to bond beta, as well a...
Why Most Dividend Retirement Strategies Fail: How To Retire With Dividends
Most high-yield strategies are ticking time bombs. Don't get wiped out when the next downturn hits. Discover the only portfolio blend that can deliver sustainable and rising dividends through inflatio...
JNK: Intensifying Spread Risk Has Yet To Be Priced By The Market
The SPDR® Bloomberg High Yield Bond ETF held up relatively well in the aftermath of the tariff debacle last week. Despite its relative performance, we see credit risk emerging, which has yet to be pri...
Long-Term Treasury Bond Yields Are Spiking. Why It Won't Last.
The bond market is supposed to be a place where investors seek safety. But the world of fixed income has been almost as volatile as the stock market lately, thanks to the twists and turns of President...
JNK: High-Yield Bonds Are About To Become Junk Again (Strong Sell Rating)
JNK is one of a pair of tenured high-yield bond ETFs, listed since 2007. This is a notoriously cyclical sub-sector of the bond market that is again showing signs that tell me to stay away. I am puttin...
10-Year Treasury Yield Tumbles on Tariff Worries. What Bonds Are Safer.
The bond market is more than Treasuries. Consider munis, mortgage-backed securities, and investment grade debt.
Foreign Stocks, Commodities Lead Major Asset Classes This Year
Global equities ex-US are the leaders, along with a broad measure of commodities, based on a set of ETFs through Friday's close. Vanguard FTSE Developed Markets ETF has rallied 7.2% so far this year.
JNK And SJNK: Shrinking Spreads, Mounting Danger
Junk bonds currently offer a poor risk/reward profile due to low credit spreads and rising delinquency rates. "Fallen Angel" bonds, downgraded from investment-grade, present a potentially better alter...
Into 2025: Top 8 Stocks I Own And Why (Part II)
2024 is going out with a bang as mystery drones, Federal Reserve hawkishness, and quantum stocks dominate headlines. It's time to look towards 2025 after another banner year for stocks. Here are four ...
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...
JNK: Too Much Risk For Too Little Yield
Investors poured a record amount of money into high-yield bond ETFs in November, but I remain bearish on the junk bond market. A looming maturity wall and expected rise in defaults create a negative e...
Credit Event: Phase 2 - Michael Gayed
The market may have peaked in July due to the lagged effects of the fastest rate hike cycle in history. A credit event is likely to occur, starting with treasuries and then moving to corporate credit,...
U.S. Weekly FundFlows Insight Report: After Record-Breaking Week, High Yield ETFs Follow-Up With Second-Largest Weekly Intake On Record
Equity markets traded slightly up, while short-term Treasury yields increased by more than 2.0%. After logging a record-breaking weekly inflow last week, high-yield ETFs posted their second-largest we...
JNK: The Fed Supports A Bullish Rating
The article evaluates the SPDR Bloomberg Barclays High Yield Bond ETF as an investment option at its current market price. I believe owning higher yielding securities is a good idea as bond performanc...