(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

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
What is the price of JNK stocks?
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%.
Is SPDR Bloomberg High Yield a good stock to buy?
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%.
Is JNK a buy, sell or hold?
SPDR Bloomberg High Yield has no consensus analysts rating.
What are the forecast for JNK stock price target?
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%