SPDR High Yield Bond E.T.F.

JNK-N

NYSEARCA:JNK

108.26
0.15 (0.14%)

Analysis and Opinions about JNK-N

Signal
Opinion
Expert
COMMENT
COMMENT
February 11, 2015

He is in favour of high-yield bonds. Ishares High-Yield Bond (XHY-T) that he favours, because it is hedged to the Cdn$. High-yield bonds have seemed to recover from the nasty shock that occurred when the energy price disaster hit in the 4th quarter. About 20% of the US high-yield market is in energy bonds.

He is in favour of high-yield bonds. Ishares High-Yield Bond (XHY-T) that he favours, because it is hedged to the Cdn$. High-yield bonds have seemed to recover from the nasty shock that occurred when the energy price disaster hit in the 4th quarter. About 20% of the US high-yield market is in energy bonds.

Hank Cunningham
Fixed Income Strategist, Odlum Brown Limited
Price
$39.310
Owned
No
COMMENT
COMMENT
May 26, 2014

He has been building his exposure in this because on a relative basis, if stocks do pullback 10%, something like this may only sell off 4%-5%. You could Short this. Not sure there is an inverse ETF that plays high-yields at this point. High yields are the most expensive they have ever been in terms of where yields are and where prices are.

He has been building his exposure in this because on a relative basis, if stocks do pullback 10%, something like this may only sell off 4%-5%. You could Short this. Not sure there is an inverse ETF that plays high-yields at this point. High yields are the most expensive they have ever been in terms of where yields are and where prices are.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$41.440
Owned
Yes
COMMENT
COMMENT
January 29, 2014

There is a portion of it for fixed income portfolio but would favour no more than 5% in it. Expect you will get 5%-5.5% this year. Capital gains days are over for these funds, but will still produce income. Pretty safe.

There is a portion of it for fixed income portfolio but would favour no more than 5% in it. Expect you will get 5%-5.5% this year. Capital gains days are over for these funds, but will still produce income. Pretty safe.

Hank Cunningham
Fixed Income Strategist, Odlum Brown Limited
Price
$40.720
Owned
No
DON'T BUY
DON'T BUY
February 7, 2013

Symbol JNK, stands for junk and that is what you are getting, a junk bond. Yields look very, very attractive but junk bonds have substantial credit risks in them. When you have a recovering economy, it is perhaps not a bad idea to be in them but he thinks that game is already gone where it is going to go.

Symbol JNK, stands for junk and that is what you are getting, a junk bond. Yields look very, very attractive but junk bonds have substantial credit risks in them. When you have a recovering economy, it is perhaps not a bad idea to be in them but he thinks that game is already gone where it is going to go.

John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$40.430
Owned
No
BUY
BUY
August 2, 2012

He has a positive view on the economy that there will be no recession and there will probably be a pickup in US growth in the 2nd half and the default rate on high-yield bonds will stay relatively low. Thinks you will get a 6%-7% return in the next year. However, this is not hedged so there is a currency risk. (See Top Picks re: XHY-T.)

He has a positive view on the economy that there will be no recession and there will probably be a pickup in US growth in the 2nd half and the default rate on high-yield bonds will stay relatively low. Thinks you will get a 6%-7% return in the next year. However, this is not hedged so there is a currency risk. (See Top Picks re: XHY-T.)

Hank Cunningham
Fixed Income Strategist, Odlum Brown Limited
Price
$39.630
Owned
Unknown
DON'T BUY
DON'T BUY
July 12, 2012
Getting a 7% yield. Good for a long term hold? These are junk bonds. Investors globally are reaching for yield and are going further and further out on the yield curve, further duration and lower credit quality. He personally wouldn’t go there. This is a great deal of risk.
Getting a 7% yield. Good for a long term hold? These are junk bonds. Investors globally are reaching for yield and are going further and further out on the yield curve, further duration and lower credit quality. He personally wouldn’t go there. This is a great deal of risk.
John DeGoey
Portfolio Manager, Wellington-Altus Private Wealth Inc.
Price
$39.340
Owned
No
DON'T BUY
DON'T BUY
June 1, 2012
Junk bonds, below ‘BBB’. These are not for the beginning investor. It is higher risk. Would prefer XSB-T.
Junk bonds, below ‘BBB’. These are not for the beginning investor. It is higher risk. Would prefer XSB-T.
John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$37.590
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
November 30, 2010
(A Top Pick Jan 6/10. Up 8.6%.) High Yield Bond ETF.
(A Top Pick Jan 6/10. Up 8.6%.) High Yield Bond ETF.
Joey Mack
Director, Fixed Income, ScotiaCapital
Price
$39.820
Owned
Yes
PAST TOP PICK
PAST TOP PICK
September 30, 2010
(A Top Pick Oct 19/09. Up 13.24%.) Still looks good.
(A Top Pick Oct 19/09. Up 13.24%.) Still looks good.
Joey Mack
Director, Fixed Income, ScotiaCapital
Price
$40.010
Owned
Unknown
COMMENT
COMMENT
August 20, 2010
High-yield bond ETF. Pretty good high yielding ETF. Reasonably low expense ratio. If you're holding this in a Canadian account it would make sense to hold a hedged version.
High-yield bond ETF. Pretty good high yielding ETF. Reasonably low expense ratio. If you're holding this in a Canadian account it would make sense to hold a hedged version.
Philip Doyle
Portfolio Manager, Artemis Investment Management
Price
$39.100
Owned
Unknown
BUY
BUY
July 12, 2010
High Yield Bond ETF. Spreads between treasuries and high yields are in a sweet point right now. Yield of 9.9%. The worry had been default risks but that has been pretty well reduced.
High Yield Bond ETF. Spreads between treasuries and high yields are in a sweet point right now. Yield of 9.9%. The worry had been default risks but that has been pretty well reduced.
Mike S. Newton, CIM FCSI
Director & Portfolio Manager, Scotia Wealth Management
Price
$38.600
Owned
No
COMMENT
COMMENT
July 12, 2010
If you are going to buy this, buy it in a small dose because it is risky. Keep it up less than 5% of your proposal.
If you are going to buy this, buy it in a small dose because it is risky. Keep it up less than 5% of your proposal.
John DeGoey
Portfolio Manager, Wellington-Altus Private Wealth Inc.
Price
$38.600
Owned
No
PAST TOP PICK
PAST TOP PICK
May 3, 2010
(A Top Pick Jan 6/10. Up 2.9%.) High Yield Bond ETF. Still likes.
(A Top Pick Jan 6/10. Up 2.9%.) High Yield Bond ETF. Still likes.
Joey Mack
Director, Fixed Income, ScotiaCapital
Price
$39.920
Owned
Yes
TOP PICK
TOP PICK
January 6, 2010
(A Top Pick Oct 19/09. Up 4.82%) High Yield Bond ETF. Has had a very good run and credit spreads have continued to narrow. Should be a great performer over the next year. Considers this as a 5-year plus holding, so although there may be a depreciation in US$ you're still getting a positive return.
(A Top Pick Oct 19/09. Up 4.82%) High Yield Bond ETF. Has had a very good run and credit spreads have continued to narrow. Should be a great performer over the next year. Considers this as a 5-year plus holding, so although there may be a depreciation in US$ you're still getting a positive return.
Joey Mack
Director, Fixed Income, ScotiaCapital
Price
$39.820
Owned
Yes
TOP PICK
TOP PICK
October 19, 2009
High Yield Space. Have had a great run. About 12% as a running yield.
High Yield Space. Have had a great run. About 12% as a running yield.
Joey Mack
Director, Fixed Income, ScotiaCapital
Price
$38.420
Owned
Unknown
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