SPDR High Yield Bond E.T.F. (JNK-N) Stock Predictions - Stockchase
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SPDR High Yield Bond E.T.F. (JNK-N)

ON STOCKCHASE SINCE Jan 2009

junk bonds

E.T.F.'s

SPDR High Yield Bond E.T....

JNK-N

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SPDR High Yield Bond E.T.F. (JNK-N) SAVE Apr, 24, 2019, 10:52 pm

36.16 0.03 (0.08%)

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COMMENT

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.

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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.

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Hank Cunningham

Fixed Inco, Odlum Brown Limited...

Price Price
$39.310
Owned Owned
No

COMMENT

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.

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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.

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Larry Berman CF

Chief Inve, ETF Capital Manageme...

Price Price
$41.440
Owned Owned
Yes

COMMENT

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.

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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.

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Hank Cunningham

Fixed Inco, Odlum Brown Limited...

Price Price
$40.720
Owned Owned
No

DON'T BUY

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.

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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.

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John Hood

President , J. C Hood Investment...

Price Price
$40.430
Owned Owned
No

BUY

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.)

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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.)

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Hank Cunningham

Fixed Inco, Odlum Brown Limited...

Price Price
$39.630
Owned Owned
Unknown

DON'T BUY
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.
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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.
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John DeGoey

Portfolio , Industrial Alliance ...

Price Price
$39.340
Owned Owned
No

DON'T BUY
Junk bonds, below ‘BBB’. These are not for the beginning investor. It is higher risk. Would prefer XSB-T.
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Junk bonds, below ‘BBB’. These are not for the beginning investor. It is higher risk. Would prefer XSB-T.
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John Hood

President , J. C Hood Investment...

Price Price
$37.590
Owned Owned
Unknown

PAST TOP PICK
(A Top Pick Jan 6/10. Up 8.6%.) High Yield Bond ETF.
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(A Top Pick Jan 6/10. Up 8.6%.) High Yield Bond ETF.
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Joey Mack

Director, , ScotiaCapital...

Price Price
$39.820
Owned Owned
Yes

PAST TOP PICK
(A Top Pick Oct 19/09. Up 13.24%.) Still looks good.
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(A Top Pick Oct 19/09. Up 13.24%.) Still looks good.
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Joey Mack

Director, , ScotiaCapital...

Price Price
$40.010
Owned Owned
Unknown

COMMENT
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.
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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.
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Philip Doyle

Portfolio , Artemis Investment M...

Price Price
$39.100
Owned Owned
Unknown

BUY
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.
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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.
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Mike S. Newton,

Director &, Scotia Wealth Manage...

Price Price
$38.600
Owned Owned
No

COMMENT
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.
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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.
E.T.F.'s
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John DeGoey

Portfolio , Industrial Alliance ...

Price Price
$38.600
Owned Owned
No

PAST TOP PICK
(A Top Pick Jan 6/10. Up 2.9%.) High Yield Bond ETF. Still likes.
E.T.F.'s
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(A Top Pick Jan 6/10. Up 2.9%.) High Yield Bond ETF. Still likes.
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Joey Mack

Director, , ScotiaCapital...

Price Price
$39.920
Owned Owned
Yes

TOP PICK
(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.
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(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.
E.T.F.'s
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Joey Mack

Director, , ScotiaCapital...

Price Price
$39.820
Owned Owned
Yes

TOP PICK
High Yield Space. Have had a great run. About 12% as a running yield.
E.T.F.'s
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High Yield Space. Have had a great run. About 12% as a running yield.
E.T.F.'s
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Joey Mack

Director, , ScotiaCapital...

Price Price
$38.420
Owned Owned
Unknown

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