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SPDR® Blmbg High Yield Bd ETF JNK

Morningstar Medalist Rating
Medalist Rating as of | See State Street Investment Hub

Morningstar’s Analysis JNK

Will JNK outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable JNK’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the JNK management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of JNK’s parent organization’s priorities and whether they’re in line with investors’ interests.

Indexing high-yield bonds is difficult.

Analyst Lan Anh Tran

Lan Anh Tran

Analyst

Summary

SPDR Bloomberg High Yield Bond ETF offers a broad slice of the US high-yield corporate bond market. However, difficulties trading these bonds limit its breadth and hamper the advantages of a market-value-weighted portfolio.

by Lan Anh Tran
Rated on Published on

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Portfolio Holdings JNK

More JNK Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 3.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

State Street Institutional Liq State St Inst Liq Res Prem

0.65 52.2 Mil
Cash and Equivalents

Medline Borrower LP 3.875%

0.45 36.2 Mil
Corporate

Tibco Software Inc 6.5%

0.43 35.1 Mil
Corporate

Cloud Software Group Inc. 9%

0.41 33.5 Mil
Corporate

DISH Network Corporation 11.75%

0.39 31.9 Mil
Corporate

Directv Financing LLC/Directv Financing Co-Obligor Inc. 5.875%

0.38 31.0 Mil
Corporate

Venture Global LNG Inc. 9.5%

0.36 29.1 Mil
Corporate

HUB International Ltd. 7.25%

0.35 28.7 Mil
Corporate

Carnival Corporation 5.75%

0.35 28.2 Mil
Corporate

Panther Escrow Issuer LLC / Panther Co-Issuer Inc. 7.125%

0.32 26.1 Mil
Corporate