SPDR Bloomberg Barclays High Yield Bond ETF (JNK)
| Assets | $9.68B |
| NAV | $109.93 |
| Expense Ratio | 0.40% |
| PE Ratio | n/a |
| Shares Out | 88.07M |
| Dividend (ttm) | $4.86 |
| Dividend Yield | 4.42% |
| Ex-Dividend Date | Sep 1, 2021 |
| 1-Year Return | - |
| Volume | 4,663,792 |
| Open | 109.46 |
| Previous Close | 109.95 |
| Day's Range | 109.37 - 109.68 |
| 52-Week Low | 98.48 |
| 52-Week High | 110.12 |
| Beta | 0.40 |
| Holdings | 1309 |
| Inception Date | Nov 28, 2007 |
About JNK
The investment seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg Barclays High Yield Very Liquid Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of publicly issued U.S. dollar denominated high yield corporate bonds with above-average liquidity.
Top 10 Holdings
3.53% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street Institutional Liq State St Inst Liq Res Prem | N/A | 0.74% |
| TransDigm, Inc. 6.25% | TDG 6.25 03/15/26 144A | 0.41% |
| Centene Corporation 4.625% | N/A | 0.33% |
| AAdvantage Loyalty IP Ltd/ American Airlines Inc 5.5% | AAL 5.5 04/20/26 144A | 0.32% |
| Caesars Entertainment Inc New 6.25% | N/A | 0.31% |
| Carnival Corporation 5.75% | N/A | 0.31% |
| AAdvantage Loyalty IP Ltd/ American Airlines Inc 5.75% | AAL 5.75 04/20/29 144A | 0.29% |
| American Airlines, Inc. 11.75% | N/A | 0.29% |
| CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.125% | N/A | 0.27% |
| CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.75% | N/A | 0.27% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 1, 2021 | $0.375188 | Sep 8, 2021 |
| Aug 2, 2021 | $0.370407 | Aug 6, 2021 |
| Jul 1, 2021 | $0.390647 | Jul 8, 2021 |
| Jun 1, 2021 | $0.3854 | Jun 7, 2021 |
| May 3, 2021 | $0.381164 | May 7, 2021 |
| Apr 1, 2021 | $0.3855 | Apr 8, 2021 |
News
Here's why investors are piling into junk bonds
CNBC's Dom Chu discusses why investors are piling into junk bonds with Michael Contopoulos of Richard Bernstein Advisors.
Is Now the Time to Consider High-Yield Bond ETFs?
While junk bonds have often been considered the pariah of the bond market in the past, a robust fundamentals setting is helping to bolster what is frequently seen as one of the riskiest products in the ...
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Speculative-grade junk bond ETFs are enjoying huge inflows as fixed income investors seek out riskier assets to generate significant yield. On Wednesday alone, the iShares iBoxx $ High Yield Corp Bond E...
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Halloween is just over a month away, but fixed income investors are already getting spooked by high yield ETFs. With Covid-19 and a forthcoming presidential election feeding into uncertainty, will a hig...
Investors Should Watch Junk Bonds While Waiting For Stimulus Bill
Yesterday Mish talked about watching the Junk Bonds ETF (JNK) to see if the Fed would continue supporting high risk companies. Today JNK had an inside day.
ETF Investors Are Turning Against Bonds
As rates continue to languish near record lows and more chase after riskier assets in search of higher returns, exchange traded fund investors are expressing a waning outlook on the fixed-income asset c...
3 Major Investing Themes for the Rest of August
Today I want to highlight 3 major stock market and investing themes to watch this month (August). Many will look familiar, as I’ve been writing about them for a while now.
2 Funds Paying You 9% That Crush The Benchmarks
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Gold and Silver Rule ETF Flows
Bloomberg Intelligence's Eric Balchunas discusses what he sees as a "full-blown craze" for precious metals.
Junk Bonds Test Important Price Resistance
With such divergence glaringly apparent in the stock market, I like to look at junk bonds. The Junk Bonds ETF NYSEARCA: JNK helps us see risk appetite.
Is 60/40 Rule Obsolete Now? 5 High-Yielding ETFs to Play
Extremely low yields from the government bonds dulled the appeal for the fixed-income investing.
If You Can Mind the Volatility, High Yield ETFs Can Help
No risk, no reward—it’s a simple concept to understand, but even harder to grasp, particularly after the way the coronavirus pandemic shook up investors to the point where some decided staying in cash w...
Fixed-Income Investors Dump Junk ETFs for Government Bonds
As coronavirus cases spike again, bond exchange traded fund investors are trimming their exposure to riskier high-yield assets in favor of safe-haven U.S. government bonds.