(JNK) Bloomberg High Yield Bond - Overview
Etf: Corporate Bonds, High Yield, Liquid
Dividends
| Dividend Yield | 6.61% |
| Yield on Cost 5y | 7.18% |
| Yield CAGR 5y | 8.25% |
| Payout Consistency | 91.9% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 3.20% |
| Relative Tail Risk | -0.54% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.65 |
| Alpha | 0.73 |
| Character TTM | |
|---|---|
| Beta | 0.246 |
| Beta Downside | 0.247 |
| Drawdowns 3y | |
|---|---|
| Max DD | 5.02% |
| CAGR/Max DD | 1.81 |
Description: JNK Bloomberg High Yield Bond January 07, 2026
The SPDR® Bloomberg High Yield Bond ETF (NYSE ARCA:JNK) seeks to track an index of U.S. dollar-denominated high-yield corporate bonds that have “above-average liquidity.” By mandate, the fund must invest at least 80 % of its assets in securities that either belong to the index or are deemed economically identical to those index constituents.
Key metrics (as of the latest public data) include an expense ratio of roughly 0.04 %, a weighted-average maturity of about 7 years, and a current distribution yield near 5.2 %. The fund’s performance is highly sensitive to the U.S. Treasury-high-yield spread, which has widened to ~4.5 % over the past six months amid expectations of higher Fed rates and a modest slowdown in corporate earnings. Sector exposure is tilted toward energy and consumer discretionary, both of which are currently pressured by commodity price volatility and discretionary spending trends.
For a deeper dive into how JNK’s risk-adjusted returns compare to peers, consider exploring ValueRay’s analytical tools.
What is the price of JNK shares?
Over the past week, the price has changed by +0.14%, over one month by +0.43%, over three months by +2.37% and over the past year by +7.81%.
Is JNK a buy, sell or hold?
What are the forecasts/targets for the JNK price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 109.9 | 12.9% |
JNK Fundamental Data Overview February 03, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 7.97b USD (7.97b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 7.97b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 7.97b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.82% (E(7.97b)/V(7.97b) * Re(6.82%) + (debt-free company))
Discount Rate = 6.82% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)