Morningstar

State Street® SPDR® Bloomberg High Yield Bond ETF JNK

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

Morningstar’s Analysis JNK

Will JNK outperform in the 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.

Senior Associate Analyst Brendan McCann

Brendan McCann

Senior Associate Analyst

Summary

SPDR Bloomberg High Yield Bond ETF targets some of the largest high-yield corporate bonds and misses out on some of the opportunities that active managers are in a better position to exploit.

by Brendan McCann
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 4.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

1261229 Bc Ltd. 10%

0.68 42M
Corporate

Meridian Arc Holdco LLC 6.25%

0.58 36M
Corporate

EchoStar Corp. 10.75%

0.46 29M
Corporate

Quikrete Holdings Inc 6.375%

0.46 29M
Corporate

Prior Rno Property Owner 1 LLC 6.5%

0.46 28M
Corporate

SOFTBANK GROUP CORP SR UNSECURED 144A 04/32 9.25

0.44 27M
Corporate

Venture Global LNG Inc. 9.5%

0.42 26M
Corporate

Tibco Software Inc 6.5%

0.42 26M
Corporate

SOFTBANK GROUP CORP SR UNSECURED 144A 04/34 9.75

0.41 25M
Corporate

Galaxy Helios Data Centers II LLC 9.875%

0.39 24M
Corporate

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