PortfolioMetrics

JNK

- SPDR Bloomberg High Yield Bond ETF

Key Information

Earliest date2008-01-02
ExchangeNYSE
Instrument TypeETF
MIC CodeARCX
CountryUnited States

ETF Information

Fund ProviderState Street
IndexBloomberg High Yield Very Liquid
Expense Ratio0.40%
Number Of Holdings1188
Inception Date2007-11-28
Asset ClassBonds
CurrencyUSD
ListingUS-listed
SectorFinancials
Investment StyleIncome
Bond TypeHigh Yield Bonds
Non-leveragedNon-leveraged

About JNK

The SPDR Bloomberg High Yield Bond ETF (JNK) provides exposure to the US high-yield bond market, investing in a diversified portfolio of corporate bonds with a minimum of one year to maturity and $600 million in outstanding face value. The fund offers a high-yield investment opportunity, but comes with higher default risks. It is suitable for investors seeking income generation and willing to take on credit risk.