SPDR Bloomberg High Yield Bond ETF (JNK)
| Assets | $7.96B |
| Expense Ratio | 0.40% |
| PE Ratio | 19.63 |
| Shares Out | 84.27M |
| Dividend (ttm) | $6.17 |
| Dividend Yield | 6.59% |
| Ex-Dividend Date | Apr 1, 2024 |
| Payout Ratio | 129.27% |
| 1-Year Return | +1.61% |
| Volume | 4,677,692 |
| Open | 93.84 |
| Previous Close | 93.84 |
| Day's Range | 93.45 - 93.87 |
| 52-Week Low | 87.80 |
| 52-Week High | 95.59 |
| Beta | 0.36 |
| Holdings | 1169 |
| 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 |
|---|---|---|
| Apr 1, 2024 | $0.50856 | Apr 5, 2024 |
| Mar 1, 2024 | $0.5287 | Mar 7, 2024 |
| Feb 1, 2024 | $0.53215 | Feb 7, 2024 |
| Dec 18, 2023 | $0.52705 | Dec 22, 2023 |
| Dec 1, 2023 | $0.51473 | Dec 7, 2023 |
| Nov 1, 2023 | $0.50119 | Nov 7, 2023 |
News
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.
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.
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.
High Yield Bond ETFs Struggle as Uncertainty Persists
Sticky inflation and the Fed's next move signal trouble for riskier bonds.
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...
Fallen Angel ETFs Show Their Good Side
Downgraded bonds have lower default rates.
Junk-Bond Yields Top 8%. It Could Be a Good Time to Buy.
True, a recession could be coming. But the underlying math of low defaults, solid companies with cleaned-up balance sheets, and higher yields creates an opportunity for investors.
Miller Tabak's Matt Maley reveals the three major threats facing stocks
Miller Tabak's Matt Maley joins 'Power Lunch' to breakdown how crypto, European politics and corporate debt are three major threats facing bear market stocks.
Are High-Yield Bonds the Next Big Value Opportunity?
High-yield bonds, also known as junk bonds, staged a surprising recovery to close out May as investors jumped on the opportunity to buy them at somewhat of a discount following their year-to-date decl...
5 Reasons to Steer Clear of High-Yield Bonds
High-yield bonds, also known as junk bonds, staged a surprising recovery to close out May as investors jumped on the opportunity to buy them at somewhat of a discount following their year-to-date decl...