(JNK) SPDR Bloomberg High Yield - Ratings and Ratios
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US78468R6229 • High Yield Bond
JNK: High, Yield, Corporate, Bonds
The SPDR® Bloomberg High Yield Bond ETF (JNK) is designed for investors seeking exposure to the high-yield corporate bond market. It primarily invests in U.S. dollar-denominated bonds with above-average liquidity, ensuring accessibility and stability in a sector known for higher risk.
As part of its strategy, JNK allocates at least 80% of its assets to securities that either are part of its underlying index or exhibit similar economic characteristics. This approach allows the fund to maintain consistency with the indexs performance while offering flexibility to the portfolio managers.
The fund tracks an index focused on high-yield, or junk, bonds, which are typically issued by companies with lower credit ratings. These bonds offer higher yields to compensate for the increased credit risk, making JNK a potential choice for investors aiming to enhance their portfolios income.
With substantial assets under management, JNK is listed on the NYSE ARCA and is domiciled in the United States. This ETF is categorized under high-yield bond funds, targeting investors who seek a balance between yield and risk in their fixed-income portfolios.
Additional Sources for JNK ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
JNK ETF Overview
Market Cap in USD | 8,574m |
Category | High Yield Bond |
TER | 0.40% |
IPO / Inception | 2007-11-28 |
JNK ETF Ratings
Growth 5y | 57.3% |
Fundamental | - |
Dividend | 68.6% |
Rel. Strength Industry | 6.89 |
Analysts | - |
Fair Price Momentum | 96.43 USD |
Fair Price DCF | - |
JNK Dividends
Dividend Yield 12m | 6.14% |
Yield on Cost 5y | 8.28% |
Annual Growth 5y | 2.58% |
Payout Consistency | 86.7% |
JNK Growth Ratios
Growth Correlation 3m | 73.9% |
Growth Correlation 12m | 96.5% |
Growth Correlation 5y | 51.9% |
CAGR 5y | 6.35% |
CAGR/Max DD 5y | 0.38 |
Sharpe Ratio 12m | 1.43 |
Alpha | 2.37 |
Beta | 0.21 |
Volatility | 4.56% |
Current Volume | 4565.8k |
Average Volume 20d | 2956.4k |
As of March 15, 2025, the stock is trading at USD 95.33 with a total of 4,565,846 shares traded.
Over the past week, the price has changed by -0.81%, over one month by -0.86%, over three months by +0.33% and over the past year by +7.97%.
Partly, yes. Based on ValueRay Analyses, SPDR Bloomberg High Yield (NYSE ARCA:JNK) is currently (March 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 57.27 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of JNK as of March 2025 is 96.43. This means that JNK is currently overvalued and has a potential downside of 1.15%.
SPDR Bloomberg High Yield has no consensus analysts rating.
According to ValueRays Forecast Model, JNK SPDR Bloomberg High Yield will be worth about 104.9 in March 2026. The stock is currently trading at 95.33. This means that the stock has a potential upside of +10.05%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 104.9 | 10% |