State Street SPDR Bloomberg High Yield Bond ETF JNK
About this Fund
The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of publicly issued U.S. dollar denominated high yield corporate bonds with above-average liquidity. -null-.
Investment Strategy & Highlights
- Theme: Tracks High Yield.
- Category: High Yield Bond · managed by State Street Investment Management.
- Top sector: Energy at 100.0% of holdings.
- Cost: Expense ratio of 0.40% — low for this category.
- Income: Distributes a yield of approximately 6.59%.
- Track record: 3Y avg +9.14% · 5Y avg +3.82% per year.
- Trading: Listed on PCX, denominated in USD.
Curated from issuer disclosures, fund factsheets, and public market data. Figures are illustrative and not investment advice.
Key Facts
Performance Returns
Total price return over each window. 3Y/5Y use weekly close history; shorter windows use daily closes.
Risk & Volatility
Volatility = stdev of daily returns × √252. Sharpe-like = annualized mean / annualized vol (rf = 0%). Educational estimates from 1-year price history.
Technical Trend
Signal: Bullish (price > SMA50 > SMA200)
Computed from daily close history. SMA-50 above SMA-200 is the classic “golden cross” trend regime. RSI > 70 overbought · RSI < 30 oversold.
PROS
- Low expense ratio (0.40%).
- Low volatility (~4% annualized).
- Attractive risk-adjusted return (Sharpe~1.99).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from fund metrics.
Price Chart
Top Holdings
Holdings data not available for this fund.
Sector Allocation
Latest News
Recent headlines for JNK