SPDR Bloomberg Barclays High Yield Bond ETF JNK is one of the cheapest funds in the high-yield bond Morningstar Category, but that alone doesn't make it a compelling choice. It earns a Morningstar Analyst Rating of Neutral.
SPDR® Blmbg Barclays High Yield Bd ETF JNK
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
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.
Active management is better suited to handle this risky area of the bond market
