JNK icon

SPDR Bloomberg High Yield Bond ETF

96.73 USD
+0.28
0.29%
At close Jan 21, 4:00 PM EST
1 day
0.29%
5 days
1.34%
1 month
1.62%
3 months
0.03%
6 months
1.25%
Year to date
1.02%
1 year
2.32%
5 years
-11.99%
10 years
-16.86%
0
Funds holding %
of 6,823 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

30% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 46

25% more call options, than puts

Call options by funds: $19.5M | Put options by funds: $15.6M

1% more funds holding

Funds holding: 529 [Q2] → 535 (+6) [Q3]

4% less capital invested

Capital invested by funds: $8.25B [Q2] → $7.92B (-$326M) [Q3]

2.42% less ownership

Funds ownership: 99.49% [Q2] → 97.07% (-2.42%) [Q3]

7% less funds holding in top 10

Funds holding in top 10: 29 [Q2] → 27 (-2) [Q3]

22% less repeat investments, than reductions

Existing positions increased: 164 | Existing positions reduced: 210

Research analyst outlook

We haven’t received any recent analyst ratings for JNK.

Financial journalist opinion

Negative
Seeking Alpha
2 weeks ago
JNK And SJNK: Shrinking Spreads, Mounting Danger
Junk bonds currently offer a poor risk/reward profile due to low credit spreads and rising delinquency rates. "Fallen Angel" bonds, downgraded from investment-grade, present a potentially better alternative with higher credit quality and track record of outperformance. JNK and SJNK ETFs have high correlations with the equity market, offering limited diversification and experiencing sharp draw-downs during market crashes.
JNK And SJNK: Shrinking Spreads, Mounting Danger
Positive
Seeking Alpha
4 weeks ago
Into 2025: Top 8 Stocks I Own And Why (Part II)
2024 is going out with a bang as mystery drones, Federal Reserve hawkishness, and quantum stocks dominate headlines. It's time to look towards 2025 after another banner year for stocks. Here are four stocks in timely, tremendous industries to keep on your radar.
Into 2025: Top 8 Stocks I Own And Why (Part II)
Neutral
Seeking Alpha
1 month ago
JNK: Underweighting Makes Sense
JNK provides exposure to high-yield junk bonds issued in the US. A high yield but faces high credit risk and refinancing risk amid current economic conditions. Despite its impressive long-term performance and diversification benefits, the ETF's risk-reward profile is less attractive now due to still restrictive interest rates and potential economic downturns. Underweighting JNK and overweighting long-term treasuries is reasonable.
JNK: Underweighting Makes Sense
Positive
Forbes
2 months ago
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 we're tempering our risk, as well.
Our Simple Plan To Hedge Volatility, Grab 8.5% Dividends
Positive
24/7 Wall Street
2 months ago
Yield Hounds Will Love These 3 ETFs
Are you a yield hound?  It's becoming more challenging to find quality investments with high yields.
Yield Hounds Will Love These 3 ETFs
Positive
The Motley Fool
2 months ago
1 High-Yield Dividend ETF to Buy to Generate Passive Income
Here is a great way to bring in extra cash.
1 High-Yield Dividend ETF to Buy to Generate Passive Income
Neutral
Seeking Alpha
3 months ago
Emerging Markets Stocks Tied With U.S. Equities Year To Date
Exclude China and broadly defined EM stocks are posting substantially softer results, based on a set of ETFs through Friday's close. US shares are effectively neck and next with EM so far in 2024.
Emerging Markets Stocks Tied With U.S. Equities Year To Date
Positive
Forbes
3 months ago
Bonds Are So Hot Right Now. Here Are The 9%+ Payers To Buy
I recently wrote about a trend that's making income investors excited: After years of failing to produce decent returns, bonds are back.
Bonds Are So Hot Right Now. Here Are The 9%+ Payers To Buy
Positive
Forbes
4 months ago
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.
Bonds Are Back: Here's How To Ride The Trend For 10% Income
Positive
Seeking Alpha
5 months ago
The Active Approach To Fixed Income
Fixed income securities are much broader than areas that typically receive allocation. Preferreds are often overlooked due to perceived riskiness, but can be safer than bonds of troubled companies. Spreads between preferreds and bonds of the same company vary widely, indicating mispricing and potential opportunities.
The Active Approach To Fixed Income
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