JNK - SPDR Blmbg Barclays High Yield Bd ETF
35.85 0.00 (0.00%)
After hours: 5:13PM EDT
| Previous Close | 35.80 |
| Open | 35.81 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 900 |
| Day's Range | 35.81 - 35.86 |
| 52 Week Range | 35.26 - 37.35 |
| Volume | 10,013,126 |
| Avg. Volume | 10,578,306 |
| Net Assets | 9.93B |
| NAV | 35.86 |
| PE Ratio (TTM) | N/A |
| Yield | 5.44% |
| YTD Return | 0.56% |
| Beta (3y) | 0.36 |
| Expense Ratio (net) | 0.40% |
| Inception Date | 2007-11-28 |
- ETF Trends•7 days ago
Low Supply a Catalyst for Junk Bond ETFs
Broadly speaking, 2018 has been a trying year for fixed income investors. The Bloomberg Barclays US Aggregate Bond Index, one of the most widely followed bond benchmarks, is lower by 1.5% year-to-date, but some corners of the fixed income space are delivering solid performances. Perhaps surprisingly, the positives in the bond space include high-yield corporate bonds.
- ETF Trends•8 days ago
Chinese Junk Bond Yields on the Move
China’s dollar-denominated junk bonds have been on a skyward move since the beginning of 2018 followed recently by 13 consecutive days of declines, but it appears that yields on these below-investment grade debt issues could be on the move up again. While yields were declining since mid-July as a result of the Chinese government undertaking an easing path to give its economy a shot in the arm, Dongxing Securities (HK) Asset Management Co. says this measure could only be temporary. “Although market sentiment has improved quite a bit for now, no one knows at this point how long the easing policy will sustain,” said Chak Lau, a credit investment manager at Dongxing Securities (HK) Asset Management Co. “It’s difficult to say whether the central bank will stop the music and continue to emphasize the deleveraging campaign again.
- ETF Trends•12 days ago
An Old Favorite Among Junk Bond ETFs
Among high-yield corporate bond ETFs, the SPDR Blmbg Barclays High Yield Bd ETF (JNK) is one of the bellwether funds. JNK is the second-largest junk bond ETF by assets. JNK tracks the Bloomberg Barclays High Yield Very Liquid Index and “seeks to provide a a diversified exposure to US dollar-denominated high yield corporate bonds with above-average liquidity,” according to State Street Global Advisors (SSgA).
- ETF Trends•13 days ago
Junk Bond ETFs Experience Uptick in Inflows, Volume
The Federal Open Market Committee is in the midst of a two-day meeting to discuss the current economic landscape and upcoming moves on monetary policy, which will include a policy decision announcement set to take place today with bond markets already reacting ahead of the decision. The latest data from the Department of Commerce reveals gross domestic product rising by 4.1% in June, which could be a key motivator for the Fed with respect to determining monetary policy. Yesterday, Vanguard Interm-Term Corp Bd ETF (JNK) received an influx of 35.82 million and SPDR Blmbg BarclaysST HY Bd ETF (SJNK) saw an uptick in buy volumes with $39.03 million worth of trading volume experienced. “We expect only minor changes to the policy statement to reflect the latest developments in the economy,” economists at Bank of America Merrill Lynch wrote in a research note.
- ETF Trends•21 days ago
China Bond Yields Climb as Government Signals Policy Shift
The yield on the benchmark 10-year Chinese government bonds ended 2.9 basis points higher at 3.562 percent as Beijing vowed that it would pursue a more "vigorous" fiscal policy in order to stimulate growth as expectations of looser conditions begin to rise. The change in policy comes as fears that the trade wars between China and the United States could heighten, dealing a blow to the current economic landscape. “The government is sending a clear signal that it is preparing to defend growth, ... Premier Li may be concerned about the negative impact of deleveraging on growth,” ANZ economists Raymond Yeung and Betty Wang said in a note.
- ETF Trends•25 days ago
Best Ideas for Long Duration Junk Bond Funds
With fixed income investors scrambling to reduce interest rate risk, some short-term bond funds are receiving renewed attention. Among high-yield ETFs, that conversation should include the SPDR Barclays ...
- ETF Trends•last month
Junk Bond ETF Focuses on High Liquidity and High-Yield
In times when markets are frantic and investors need to unload quickly, high liquidity is a boon and that is where an ETF like SPDR Blmbg Barclays High Yield Bd ETF (JNK) can be advantageous. The focus of the ETF is to track the price and yield performance of the Bloomberg Barclays US High Yield Very Liquid Index (VLI). Eighty percent of JNK's total assets comprise the Bloomberg Barclays VLI and based on the chart below, a steady climb of the higher bottom levels may signal a possible run up in the second half of 2018.
- Harvest Exchange•3 months ago
Want Sustainable Income? Spread Your Risk Around
MAY 11, 2018 Investors often say they’re worried about having too much high-yield bond exposure so late in the credit cycle. But many are still chasing returns in equities and other assets with even higher risk. We’ve got a better idea. Don’t get us ...
- Morningstar•3 months ago
Where Are the Benchmark-Beating Bond Funds?
Longtime readers of Morningstar's research have heard us relentlessly beat the drum for funds that charge low fees. For all our manager research analysts' combing through historical portfolios, scrutinizing performance data, and grilling portfolio managers to formulate views on a fund's People and Process Pillars, there's no surer indicator that a fund has an advantage over its peers than a cheap price tag. Expenses are especially crucial to consider for fixed-income funds, because returns between bond funds tend to be more compressed.
- Zacks•4 months ago
Here's Why You Should Steer Clear of Junk Bond ETFs
Junk Bond ETFs have had a rough quarter, as rising interest rates have been weighing on investors' risk appetite.
Harvest Exchange•4 months agoChartBrief 204 - HY Investors on the Run
There has been a lot going on this year, and while the stockmarket has grabbed most of the headlines, something has been going on in a corner of the market that should not be ignored. US high yield credit ETFs (also known as junk bonds), have seen ...
- Benzinga•5 months ago
A Junk Bond ETF For Jittery Investors
Skittish fixed income investors often dodge high-yield corporate bonds and the related exchange-traded funds. That is happening in a big way this year as the iShares iBoxx $ High Yield Corporate Bond ETF ...
- Investopedia•5 months ago
Short Interest Rises in Popular Bond ETFs
Some traders are turning bearish on some popular bond ETFs.
- Investopedia•5 months ago
Bets Against Junk Bond ETFs Reach Record High
Investors are running from junk bonds, choosing instead to double down on shorting vehicles.
- Benzinga•5 months ago
How To Be Aggressively Bearish On Junk Bonds
Traders are bearish on high-yield corporate debt exchange traded funds (ETFs). Data confirm as much. For the week ended Feb. 27th, investors have yanked $171.3 million from the iShares iBoxx $ High Yield ...
- Market Realist•5 months ago
How Big a Problem Could US Debt Become?
If we turn back the clock to before the recession, we find that US debt levels weren’t this high, and unconventional programs like quantitative easing helped the economy recover from the Great Recession. The US Treasury must deal with higher interest rates and borrow more to keep the economy running, and this cycle could turn into a downward spiral unless revenues increase. The US Treasury is the king of the credit markets, and it’s followed by investment-grade (LQD)(VCSH) bonds and junk (JNK) bonds.
- Market Realist•5 months ago
Have We Missed a Greater Threat in the Recent Market Turmoil?
The recent market turmoil that shook investors’ confidence has settled for the time being, but the fear that another correction is around the corner could be unsettling. The reason for the market correction was the continued increase in bond (BND) yields, which resulted from rising inflation expectations. While everyone was focusing on market turmoil, investors may have missed out on the possibility of increased government debt, fueled by recent tax cuts and an expansive budget.
Yahoo Finance Video•4 months agoJamie Dimon: Fed chair Powell may have to deal with more turmoil than his predecessors
JPMorgan CEO Jamie Dimon discusses the outlook for interest rates and what it means for the economy. He also shares his thoughts on new Federal Reserve chairman Jerome Powell.
Yahoo Finance Video•5 months agoFed Chairman Powell will face a tough audience at tomorrow's FOMC presser
Yahoo Finance's Jared Blikre and Alexis Christoforous discuss the hotly anticipated announcement of monetary policy by the Federal Open Market Committee followed by a press conference featuring Federal Reserve Chairman Jerome Powell.
Yahoo Finance Video•5 months agoDallas Fed President Kaplan just showed us his dot plot
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss central bankers moving the markets, including statements by Bank of Japan Governor Haruhiko Kuroda, Federal Reserve Bank of Dallas President Robert Kaplan, and European Central Bank President Mario Draghi (who speaks tomorrow morning).
