SPDR Bloomberg High Yield Bond ETF JNK offers a broad slice of the U.S. high-yield corporate bond market. However, the inherent illiquidity in this market limits its breadth and hampers the advantages of a market-value-weighted portfolio. The fund earns a Morningstar Analyst Rating of Neutral.
SPDR® Blmbg High Yield Bd ETF JNK
Morningstar’s Analysis JNK
Will JNK outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 3.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
State Street Institutional Liq State St Inst Liq Res Prem | 0.77 | 65.9 Mil | Cash and Equivalents |
Tibco Software Inc 6.5% | 0.43 | 36.7 Mil | Corporate |
DISH Network Corporation 11.75% | 0.42 | 35.7 Mil | Corporate |
Mozart Debt Merger Subordinated Inc. 3.875% | 0.40 | 34.5 Mil | Corporate |
Cloud Software Group Inc. 9% | 0.40 | 34.4 Mil | Corporate |
Directv Financing LLC/Directv Financing Co-Obligor Inc. 5.875% | 0.40 | 34.0 Mil | Corporate |
Venture Global LNG Inc. 9.5% | 0.36 | 30.6 Mil | Corporate |
Carnival Corporation 5.75% | 0.35 | 29.8 Mil | Corporate |
HUB International Ltd. 7.25% | 0.33 | 28.6 Mil | Corporate |
Intelsat Jackson Holdings SA 6.5% | 0.31 | 26.5 Mil | Corporate |