JNK - SPDR Barclays Capital High Yield Bond ETF Profile
JNK Tracks This Index: Barclays Capital High Yield Very Liquid Index
Description: The Barclays Capital High Yield Very Liquid Index includes publicly issued U.S. dollar denominated, non-investment grade, fixed-rate, taxable corporate bonds that have a remaining maturity of at least one year, regardless of optionality, are rated high-yield (Ba1/BB+/BB+ or below) using the middle rating of Moody's, S&P, and Fitch, respectively (before July 1, 2005, the lower of Moody's and S&P was used), and have $600 million or more of outstanding face value.
Description: The Barclays Capital High Yield Very Liquid Index includes publicly issued U.S. dollar denominated, non-investment grade, fixed-rate, taxable corporate bonds that have a remaining maturity of at least one year, regardless of optionality, are rated high-yield (Ba1/BB+/BB+ or below) using the middle rating of Moody's, S&P, and Fitch, respectively (before July 1, 2005, the lower of Moody's and S&P was used), and have $600 million or more of outstanding face value.
- Issuer: State Street
- Structure: ETF
- Expense Ratio: 0.40%
- ETFdb Category: High Yield Bonds
- ETF Home Page: JNK
- Inception: 2007-11-28
- Tax Form: 1099
- Commission Free: TD Ameritrade
Summary Data For JNK
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