SPDR Bloomberg High Yield Bond ETF (JNK)
Assets | $6.01B |
Expense Ratio | 0.40% |
PE Ratio | 19.47 |
Shares Out | n/a |
Dividend (ttm) | $6.09 |
Dividend Yield | 6.56% |
Ex-Dividend Date | Dec 1, 2023 |
Payout Ratio | 127.68% |
1-Year Return | +0.42% |
Volume | 9,126,182 |
Open | 92.08 |
Previous Close | 92.17 |
Day's Range | 91.96 - 92.94 |
52-Week Low | 87.80 |
52-Week High | 94.84 |
Beta | n/a |
Holdings | 1168 |
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 1, 2023 | $0.51473 | Dec 7, 2023 |
Nov 1, 2023 | $0.50119 | Nov 7, 2023 |
Oct 2, 2023 | $0.51082 | Oct 6, 2023 |
Sep 1, 2023 | $0.5121 | Sep 8, 2023 |
Aug 1, 2023 | $0.51951 | Aug 7, 2023 |
Jul 3, 2023 | $0.49444 | Jul 10, 2023 |
News

Investors shun high-yield debt ETFs despite gains as broader bond market stumbles
Junk bond ETFs fell Thursday after the latest inflation report, but have gains this year on a total return basis

An ‘iceberg' awaits with only 10% of the junk-bond market feeling the pinch of higher rates, says BofA Global
U.S. companies binged on debt when rates were super low, so they wouldn't have to swallow the bitter pill of higher borrowing costs down the road.

Junk Bond Fund Get Bigger, Internet And Gas Shrink
We performed a screening of mid-cap ETFs - defined as having Assets Under Management (AUM) between $2 billion and $10 billion - to determine what funds had the largest change in net assets on the week...

Watch this ‘canary in the coal mine' for signs of trouble in markets, Neuberger Berman CIO says
Neuberger Berman, an asset manager with eight decades under its belt, is on the lookout for cracks in credit markets from the Federal Reserve's rate-hiking campaign.

High Yield ETFs Worth Exploring With VettaFi
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These Superstar 10% Dividends Sport A Rare ‘Hidden' Discount
Bill Gross is one of the great characters in the investment world: flamboyant, bold—and generally disliked by those who worked for him.

Bull vs. Bear: Are High Yield ETFs Worth the Higher Risk?
Bull vs. Bear is a weekly feature where the VettaFi writers' room takes opposite sides for a debate on controversial stocks, strategies, or market ideas — with plenty of discussion of ETF ideas to pla...

Treasury-bond ETFs fall after inflation report as investors brace for Fed decision
Exchange-traded funds that invest in Treasury bonds fell Tuesday after the May inflation report, as the market anticipated the Federal Reserve may continue hiking interest rates after a June pause.

How debt-ceiling worries could play out in risky corporate bond market, according to CreditSights
The longer the debt-ceiling debate goes unresolved, the more pressure that risks building in credit markets.

‘Deposits are going to keep drifting out,' says DoubleLine's Gundlach, warning of echoes of S&L crisis at banks
“I'm really turning more bearish,” Jeffrey Gundlach, CEO of DoubleLine, told CNBC on Wednesday, after the Federal Reserve raised rates by another 25 basis points to the highest level since 2007.

Bond ETF Flows Strong, Volatility ETFs Hit $3 Billion
In this week's asset class flows, equity ETFs added $10 billion in just one week overall, more than doubling up on bond ETFs at about $4 billion. That said, equity ETF inflows could largely be credite...

VettaFi Voices On: Where the Fed Goes Next on Rate Hikes
Leading into “Fed Day” on Wednesday, some market observers had suggested the Federal Reserve wouldn't raise interest rates, in order to avoid adding even more volatility to markets following the bank ...

High Yield Bond ETFs Struggle as Uncertainty Persists
Sticky inflation and the Fed's next move signal trouble for riskier bonds.

Dave Nadig Shares Insights From Exchange and More on “ETF Edge”
ETF Edge, hosted by Bob Pisani, was live from Exchange in Miami and featured Dave Nadig, financial futurist at Vettafi, alongside Vance Barse, founder of Your Dedicated Fiduciary, and Anthony Rochte, ...

SPY Has Aged Well for 30 Despite So Many Grandkids
On Sunday, a select few of us in the ETF industry will be toasting the 30th anniversary of the SPDR S&P 500 ETF (SPY), the first U.S.-listed and still-largest ETF. However, millions of Americans will ...
Jefferies' David Zervos doesn't expect equities to move much in 2023
David Zervos, chief market strategist at Jefferies, joins 'The Exchange' to discuss bonds as stock alternatives, reasons to take equity risks and alternative methods for measuring volatility.

As Bets on High Yield ETFs Surge, Risk in Portfolios May Jump
Experts see a recession looming in 2023, boosting odds of defaults in junk bonds.

Where in 2023 to find some of the best returns on bonds in two decades, according to Goldman Sachs
After a brutal 2022, the roughly $11 trillion market for U.S. corporate bonds looks poised to kick off some of the sector's best returns in more than two decades, according to a new forecast from Gold...

3 Takeaways From October ETF Flows
October saw ETF flows brighten for previously beleaguered U.S. equities and fixed income ETFs with stronger inflows, while commodities and inverse ETFs saw significant outflows. While this week's 75 b...

Investors Turned to High Yield in Advance of Fed's Decision
Many investors became bullish on the prospect that the Federal Reserve would ease up on its aggressive interest rate hikes (spoiler alert: so far, it has not). As a result, they became more risk-on wi...

Fallen Angel ETFs Show Their Good Side
Downgraded bonds have lower default rates.