JNK

📎 Investment Objective

The SPDR Bloomberg High Yield Bond ETF (JNK) seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg High Yield Very Liquid Index, which is designed to measure the performance of the U.S. high yield corporate bond market.

✨ Key Features

• Exposure to the U.S. high-yield corporate bond market
• Seeks to track the performance of the Bloomberg High Yield Very Liquid Index
• Low expense ratio of 0.00%
• Provides diversified exposure to high-yield fixed income securities

⚠️ Primary Risks

• Credit risk: The risk that the issuer of a bond will default on its obligations
• Interest rate risk: The risk that bond prices will decline as interest rates rise
• Liquidity risk: The risk that the fund may have difficulty selling certain securities at an advantageous time or price
• High-yield bond risk: High-yield bonds are generally subject to greater market fluctuations and risk of loss of income and principal than higher-rated securities

👤 Best For

The SPDR Bloomberg High Yield Bond ETF may be suitable for investors seeking exposure to the high-yield corporate bond market as part of a diversified fixed income portfolio. Investors should have a higher risk tolerance and a longer-term investment horizon to withstand the potential volatility associated with high-yield bonds.