SPDR Bloomberg High Yield Bond ETF (JNK)

NYSEARCA: JNK · Real-Time Price · USD
97.02
+0.21 (0.22%)
Dec 4, 2024, 4:00 PM EST - Market closed
0.22%
Assets $7.89B
Expense Ratio 0.40%
PE Ratio 20.31
Shares Out 81.47M
Dividend (ttm) $5.81
Dividend Yield 5.99%
Ex-Dividend Date Dec 2, 2024
Payout Ratio 121.69%
1-Year Return +4.39%
Volume 2,434,862
Open 96.90
Previous Close 96.81
Day's Range 96.79 - 97.02
52-Week Low 92.47
52-Week High 97.90
Beta 0.47
Holdings 1211
Inception Date Nov 28, 2007

About JNK

Fund Home Page

The 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.

Asset Class Fixed Income
Category High Yield Bond
Stock Exchange NYSEARCA
Ticker Symbol JNK
ETF Provider State Street
Index Tracked Bloomberg High Yield Very Liquid

Dividends

Ex-Dividend Amount Pay Date
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
Jul 1, 2024 $0.534 Jul 5, 2024
Full Dividend History

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...

9 days ago - Seeking Alpha

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...

Other symbols: PHT
26 days ago - Forbes

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.

2 months ago - Seeking Alpha

Bonds Are So Hot Right Now. Here Are The 9%+ Payers To Buy

I recently wrote about a trend that's making income investors excited: After years of failing to produce decent returns, bonds are back.

Other symbols: BILCCDTLTVCITVTEB
2 months ago - Forbes

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.

3 months ago - Forbes

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...

Other symbols: DLRSPG
3 months ago - Seeking Alpha

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...

5 months ago - Seeking Alpha

Junk bonds are beating the broader market so far in 2024 — but watch this shift

Junk bonds are beating the broader U.S. fixed-income market so far in 2024 — but pummeled Treasurys have attempted a comeback lately.

5 months ago - Market Watch

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...

6 months ago - Seeking Alpha

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...

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6 months ago - Seeking Alpha

Weird Circumstance Makes These 8% Dividends An Urgent Buy

It's finally happening: Management fees on our favorite 8%+ paying assets—closed-end funds (CEFs)—are falling. And some are sending their already soaring dividends even higher, too.

Other symbols: HIXBFZMHNMPAMUCMUJ
6 months ago - Forbes

It's been a century since corporate bonds have outperformed government debt like this

It's been at least a century since corporate bonds have outperformed government bonds to the degree that has been happening now.

Other symbols: EWUFXIKRELQDTANTLTXLU
7 months ago - Market Watch

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.

Other symbols: HYG
7 months ago - Market Watch

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.

Other symbols: AGGBKLNIVVIWPIWSQQQ
7 months ago - Seeking Alpha

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 ...

Other symbols: HYG
8 months ago - Invezz

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...

9 months ago - Seeking Alpha

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.

9 months ago - Seeking Alpha

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.

Other symbols: AGG
10 months ago - Market Watch

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.

Other symbols: ARDCEFTJFRNHS
10 months ago - Seeking Alpha

Why High-Yield Bonds Could Outperform: Pick 7.5%-Yielding SPHY

Leading credit investors believe that the case for high-yield bonds remains strong, with a high expected return.

Other symbols: HYGOCSLSHYGSPHYUSHY
10 months ago - Seeking Alpha

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 ...

10 months ago - Market Watch

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.

Other symbols: LQDVCIT
10 months ago - Market Watch

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

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11 months ago - Seeking Alpha

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...

Other symbols: PAXSPCMPDIPDOPDXPTY
1 year ago - Seeking Alpha

This ETF offering could become next year's hot product

"We are absolutely going to see more of these options-based products come to market. We see it in our own book," BNY Mellon's Ben Slavin said.

1 year ago - CNBC