State Street SPDR Bloomberg High Yield Bond ETF (JNK)
| Assets | $7.70B |
| Expense Ratio | 0.40% |
| PE Ratio | n/a |
| Shares Out | 81.27M |
| Dividend (ttm) | $6.37 |
| Dividend Yield | 6.62% |
| Ex-Dividend Date | May 1, 2026 |
| Payout Frequency | Monthly |
| Payout Ratio | 74.33% |
| Volume | 1,917,154 |
| Open | 96.20 |
| Previous Close | 96.17 |
| Day's Range | 96.16 - 96.28 |
| 52-Week Low | 94.49 |
| 52-Week High | 98.24 |
| Beta | 0.41 |
| Holdings | 1239 |
| Inception Date | Nov 28, 2007 |
About JNK
Fund Home PageThe State Street 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.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 1, 2026 | $0.52694 | May 6, 2026 |
| Apr 1, 2026 | $0.52478 | Apr 6, 2026 |
| Mar 2, 2026 | $0.52457 | Mar 5, 2026 |
| Feb 2, 2026 | $0.56009 | Feb 5, 2026 |
| Dec 18, 2025 | $0.49055 | Dec 23, 2025 |
| Dec 1, 2025 | $0.52789 | Dec 4, 2025 |
Performance
JNK had a total return of 7.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.20%.
News
This winning high-yield bond strategy limits risk while seeking under-the-radar opportunities
Hunter Hayes of Intrepid Capital described an “incredibly healthy” market for high-yield bonds and a conservative approach to investing in the space.
All Eyes on Inflation: U.S.-Iran War's Impact on Treasury Yields, Oil & Gas Prices
@CharlesSchwab's Collin Martin breaks down the state of treasury yields and the U.S.-Iran War's impact on them. He says for the most part, stagflation doesn't appear to a huge issue for the economy ev...
Respite for JGBs Won't Last Long: 3-Minutes MLIV
Joumanna Bercetche, Tom Mackenzie and Ven Ram break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
SCHD, JEPI, or bonds: better buy as 10-year bond yield surges?
Income-focused investors are in a real dilemma as government bond yields surge amid the rising inflation rate in the United States. Do they invest in the blue-chip Schwab US Dividend Equity ETF (SCHD)...
This Bond Selloff Isn't Over Just Yet: 3-Minutes MLIV
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." Chapters: 00:00:00 - MLIV 00:00:01 - Japanese Bond...
Extended Oil Shock Spells Higher, Sticky Inflation
The amount of inflation priced into 10-year Treasury yields is a little hard to square with what the market is saying about price rises in the near term. Either inflation is going to be high for a lon...
Five Reasons Why Investors are Selling Government Bonds
Bonds are buckling around the world, propelling borrowing costs to multi-year highs. Ruth Carson explains why.
Yields surge to May 2025 highs as oil prices and inflation data rattle markets
Longer-dated Treasury yields climbed to their highest levels since May 2025 on Friday, as a spike in oil prices stoked fears that ongoing energy disruptions in the Middle East could further fuel in...
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.
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.
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...
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.
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...
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.
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.
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 ...
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.
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.
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.
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.
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.
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.