Profile
Assets class:
EquityAssets under management:
$9 BAverage volume:
$3 MDomicile:
USExpense ratio:
0.40%Inception date:
04 December 2007Website:
http://www.ssga.comLast dividends:
01 November 2024Next dividends:
N/ATop countries
Dividend yield TTM
JNK Latest News
Here is a great way to bring in extra cash.
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.
There is a rare occurrence in the markets this year that has only occurred five times in the past 60 years.
The article evaluates the SPDR Bloomberg High Yield Bond ETF as an investment option at its current market price. I express caution due to the uncertainty surrounding rate cuts and inflation, which could limit the performance of the bond fund. The tight spreads in the market are also seen as a limiting factor for potential opportunities with the ETF.
SPDR Bloomberg High Yield Bond ETF offers broad diversification and a high yield, but the current macro environment suggests avoiding high-yield bonds.
CCEF: New Addition To The Fund-Of-CEFs Space
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.
We provide a November update for the PIMCO CEF taxable suite. Coverage across PIMCO's tax-exempt funds increased slightly in November, while coverage for taxable funds decreased by around 10% on average. PIMCO appears to have taken advantage of the swoon in credit prices in September and October.
BKHY is a relatively new junk bond ETF that started in April 2020. It has managed to outperform the big kahuna in the space, SPDR® Bloomberg High Yield Bond ETF over the last 3 years. We examine whether this high-yield portfolio with a 7.22% yield makes sense for your portfolio.
Investors poured a record amount of money into high-yield bond ETFs in November, but I remain bearish on the junk bond market. A looming maturity wall and expected rise in defaults create a negative environment for junk bond ETFs. The artificially high prices of junk bonds and low yield spread over treasuries do not justify the risks associated with investing in junk bonds.
What is JNK ETF?
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. -null-.
What is JNK assets class?
Assets class of JNK ETF is 'Equity'
What is JNK assets under management?
Assets under management of JNK ETF is $9 B
What is JNK average volume?
Average volume of JNK ETF is $3 M
What is JNK domicile?
Domicile of JNK ETF is US
What is JNK expense ratio?
Expense ratio of JNK ETF is 0.40%
What is JNK inception date?
Inception date of JNK ETF is 04 December 2007
What is JNK website?
Website of JNK ETF is https://www.ssga.com/us/en/institutional/etfs/funds/spdr-bloomberg-high-yield-bond-etf-jnk