Key stats
About SPDR Bloomberg High Yield Bond ETF
Home page
Inception date
Nov 28, 2007
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
JNK, as one of the first to launch in the space, is a hugely popular high-yield corporate bond fund. The ETF provides a liquid and more cost-efficient way to access high yield exposure than individual bonds. The index the ETF tracks publicly issued USD denominated, non-investment grade, fixed-rate, taxable bonds that have a maturity between 1-15 years. The underlying portfolio is one of the broadest in the segment, and the funds yield, duration, and credit risk tend to align with those of our benchmark. The ETF is rebalanced on the last business day of each month. JNK investors need to consider total all-in costs when making comparisons to other funds,
Classification
What's in the fund
Exposure type
Corporate
Stock breakdown by region
Top 10 holdings
JNK – High Yield Bond ETFOne of the more important charts out there.
The JNK etf shows the investor sentiment based on the interest in high-yield debt. Considering the expectation for the number of defaults to increase, the fact this is not selling off and the spread looking bottom could possibly be a confirmation of the s
Good news for stocks, bonds are bottoming $JNKAMEX:JNK is an ETF that tracks rated high-yield bonds or "junk bonds". These are the bonds rated Ba1 & BB+ by Moody's Investors Service, Inc., & Fitch Inc. respectively.
The bullish divergence with the ROC is pointing out that a bottom is near.
Bonds bottoming is a good sign for the market and br
JNK H&S measured move to 85?It looks like the bond market is making lower lows, and China HSI as well. These are usually leading indicators telling us that risk on assets will also make lower lows.
But I believe the end is near, as you can see on the chart. This could also be a max pain fakeout as we are back testing the down
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
JNK trades at 95.68 USD today, its price has fallen −0.04% in the past 24 hours. Track more dynamics on JNK price chart.
JNK net asset value is 94.97 today — it's risen 1.41% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
JNK assets under management is 7.12 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
JNK price has risen by 0.41% over the last month, and its yearly performance shows a 1.70% increase. See more dynamics on JNK price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.41% over the last month, showed a −0.01% decrease in three-month performance and has increased by 7.64% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.41% over the last month, showed a −0.01% decrease in three-month performance and has increased by 7.64% in a year.
JNK fund flows account for −1.28 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
JNK invests in bonds. See more details in our Analysis section.
JNK expense ratio is 0.40%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, JNK isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, JNK technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating JNK shows the sell signal. See more of JNK technicals for a more comprehensive analysis.
Today, JNK technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating JNK shows the sell signal. See more of JNK technicals for a more comprehensive analysis.
Yes, JNK pays dividends to its holders with the dividend yield of 6.67%.
JNK trades at a premium (0.16%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
JNK shares are issued by State Street Corp.
JNK follows the Bloomberg High Yield Very Liquid. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 28, 2007.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.