SPDRBarclays High Yield Bond ETF (JNK)

JNK (n.a.:Financial Services) ETF
$34.77
pos +0.07
+0.19%
Today's Range: 34.71 - 34.83 | JNK Avg Daily Volume: 12,398,500
Last Update: 05/05/16 - 10:15 AM EDT
Volume: 1,474,621
YTD Performance: 2.33%
Open: $34.83
Previous Close: $34.70
52 Week Range: $31.27 - $39.48
Oustanding Shares: 362,023,812
Market Cap: 12,627,390,563
6-Month Chart
TheStreet Ratings Grade for JNK
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy
Moderate Buy
Hold
Moderate Sell
Strong Sell
Mean Rec. 0.00 0.00 0.00 0.00
Latest Dividend: 0.00
Latest Dividend Yield: 0.00%
Dividend Ex-Date: 12/31/69
Price Earnings Ratio: 0.00
Price Earnings Comparisons:
JNK Sector Avg. S&P 500
0.00 0.00 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
6.47% -11.86% -16.87%
GROWTH 12 Mo 3 Yr CAGR
Revenue 0.00 0.00 0.00
Net Income 0.00 0.00 0.00
EPS 0.00 0.00 0.00
Earnings for JNK:
EBITDA 0.00B
Revenue 0.00B
Average Earnings Estimates

Earnings Estimates data is not available for JNK.

Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
By

Mark Newton

 | Apr 21, 2016 | 12:00 PM EDT

Evidence suggests fading equities right now might be premature.

By

Doug Kass

 | Apr 20, 2016 | 3:03 PM EDT
The U.S. dollar strengthened a bit today. Consumer nondurables felt the pain of the currency rise and the KO miss.  I sold my long Procter & Gamble (PG) and took it off my Best Ideas List today.  PepsiCo (PEP), Kimberly-Clark (KMB) and KO all were weak. Crude oil rallied despite fundamental news that could have taken it lower. It was $1.43 to $42.51 in what looks like a massive short squeeze. Nat gas was flat. Gold was unchanged at $1,253. Agricultural commodities were through the roof following days of strengthening prices: wheat +12.50, corn +6.25, soybean +22.00 and oats +10.50. Food inflation lays ahead, Janet Yellen. Bonds were lower in price and higher in yield. iShares 20+ Year Treasury Bond ETF (TLT) was down $1.05. The 10-year U.S. note yield rose by four basis points to 1.82% and the long bond by the same amount to 2.63%. Municipals flat-lined, but the sprint for yield resulted in more gains for closed-end municipal bond funds. High yield improved. iShares iBoxx High Yield Corporate Bond ETF (HYG) was up 27 cents and SPDR Barclays High Yield Bond ETF (JNK) was up 11 cents. Blackstone/GSO Strategic Credit Fund (BGB) was three pennies to the good. Banks were tentative midday but are at their highs for the day now. Brokerages are up, with Morgan Stanley (MS) up 50 cents and Goldman Sachs (GS) up $2.90. Life insurance responded to the drop in bond prices as reinvestment opportunities are seen expanding, though rates remain very low. Energy stocks were higher with the commodity advance. Schlumberger (SLB) was up $1.80 and Exxon Mobil (XOM) up $1.13. Retail was mixed, with short Nordstrom (JWN) the strongest to the upside (up $1.45). Wal-Mart (WMT) faltered a bit. Prior long Macy's (M) was up 40 cents. Media was mixed. Disney (DIS) was up 70 cents but Comcast (CMCSA) was down 85 cents. Ag equipment, led by Deere (DE), which was up $2.25, was again strong. However, Caterpillar (CAT) slowed down after recent gains. Old tech was led to the upside by IBM (IBM), rising $2.65 from pressure earlier in the week. Biotech was unchanged as Allergan (AGN) rallied and so did spec Intrexon (XON). Nothing much in my former Biotech Basket to record. Autos continued ahead for the third day in a row after a Barron's cover story. Ford (F) was up a quarter and General Motors (GM) up 40 cents. (T)FANG was led by Tesla (TSLA) and Amazon (AMZN). Netflix (NFLX) had a dead-cat bounce. NOSH was uneventful, as was CRABBY. In individual stocks, Twitter (TWTR) warmed up by 55 cents and Potash (POT) poked above $18 after yesterday's strong gain. DuPont (DD) was hit by profit taking and was down 75 cents. Very little trading today as I marvel at the unrelenting advance. Here are some great columns from RealMoneyPro today: Ed Ponsi "Scheme" on how to play higher crude oil prices.  Carley Garner on livestock prices.  Tim Melvin on energy-exposed banks.  RevShark sees slim long pickings.  The Divine Ms. M on market rotat
By

Doug Kass

 | Apr 19, 2016 | 3:46 PM EDT
The U.S. dollar weakened. Crude oil rose by $1.22 to $41.00. Nat gas was up by sixteen cents. Gold rose by $18.70 to $1,253. Silver was up by 70 cents. More upside action in agricultural chemicals, with Potash (POT) up $1.20. Wheat +11.50, corn +3.50, soybeans +28.50 and oats +5.25. Lumber was +6.40. Bonds dropped a bit in price, and were slightly higher in yield. The 10-year U.S. note yield rose by one basis point to 1.78% and the long bond by a similar amount and yields 2.59%. Municipals down slightly; closed-end muni funds' rapid advance dissipated late in the day ... finally! High yield was well-bid. iShares iBoxx High Yield Corporate Bond ETF (HYG) was up 36 cents and SPDR Barclays High Yield Bond ETF (JNK) was up 15 cents. Blackstone/GSO Strategic Credit Fund (BGB) was three cents lower; I am out of the name now. Banks exploded to the upside, led by JPMorgan Chase (JPM), Wells Fargo (WFC) and Comerica (CMA), all up by over a beaner. Life insurance advanced again, though my long Hartford Financial Services Group (HIG) lagged. Brokerages were up, led by Morgan Stanley (MS), up 64 cents, and Goldman Sachs (GS), up $3.65. Retail was quiet. Home Depot (HD) was a downside leader, off $1.50. Lowe's (LOW) was weak, too. Old tech got IBM'd, with IBM (IBM) down $8.50. Staples were broadly higher, led by long Procter & Gamble (PG), up 50 cents. Old media was mixed. Comcast (CMCSA) was lower but Disney (DIS) led the parade. Autos were strong, continuing the Barron's push over the past weekend. Ford (F) was up 15 cents and General Motors (GM) up 65 cents. Oils responded to better commodity pricing. Schlumberger (SLB) was the league leader, up $1.70. Biotech and the rest of the Nasdaq were conspicuously to the downside. iShares Nasdaq Biotechnology ETF (IBB) was down 1.66%. Allergan (AGN) is still recovering (up $4.50) and my former biotech basket got hit, but not materially so. (T)FANG weakness was also obvious, though Facebook (FB) had a late-day kick save. NOSH was mixed. So was CRABBY. In individual stocks, Twitter (TWTR) was a poor actor. On the other hand, fav long DuPont (DD) was strong, up $1.15. Here are some great posts on RealMoneyPro today: Some oil vey from Jim "El Capitan" Cramer.  Tim "Not Phil or Judy" Collins on some overnight trade ideas.  And also from Tim, some SPY-ing.  RevShark on
By

Doug Kass

 | Apr 13, 2016 | 4:15 PM EDT
Another day in which what was bad -- cyclicals, energy and banking -- is good again. The U.S. dollar strengthened -- that, too, is not supposed to be good for equities. Crude oil reversed from 2016 highs established earlier in the day. closing down by 38 cents to $41.79. Natural gas climbed by three cents. Gold was down $12.60 to $1,249. Monster move higher in agricultural commodities: wheat +0.25, corn +11.00. soybean +20.5 -- to the moon, Alice.   Bonds climbed, with iShares 20-Year+ Treasury Bond ETF (TLT) up 50 cents. The 10-year and the 30-year barely moved. Yields unchanged. Municipals were slightly higher. High yield prospered, with iShares iBoxx High Yield Corporate Bond ETF (HYG) up 60 cents and SPDR Barclays High Yield Bond ETF (JNK) up 25 cents. Blackstone/GSO Strategic Credit Fund (BGB) was up a nickel to a new recent high of $13.90. Banks were the world's fair on a slight JPMorgan Chase (JPM) beat against much-lowered expectations from a few months ago. Citigroup (C) and Bank of America (BAC) are on tap later this week. Notably, Deutsche Bank (DB) dead-catted by 8%. Brokerages ripped higher on better-than-expected capital markets activity within the JPM report. Morgan Stanley (MS) was up more than a beaner and Goldman Sachs (GS) was up $5. Life insurance stocks also strong. Autos rebounded, with General Motors (GM) up $1.05 and Ford (F) up 25 cents as investors are willing to pay more for a dollar of earnings that are peaking. Defensive consumer nondurables were anything but defensive as the market continues to rotate to more aggressive names. Staples were hit, including Best Ideas List long Procter & Gamble (PG).  Old tech was higher, but less than the market. IBM (IBM) continues its skein after an upgrade a few days ago. Modest gains for Intel (INTC), Cisco (CSCO) and Microsoft (MSFT). iShares Nasdaq Biotechnology ETF (IBB) was up 1.9% despite the Theranos news and the credit release at Valeant Pharmaceuticals (VRX). Allergan (AGN) was lower. My former biotech basket of speculative stocks was mixed. Celgene (CELG), Acadia Pharmaceuticals (ACAD), Intrexon (XON), Portola Pharmaceuticals (PTLA) and Sage Therapeutics (SAGE) were strong. Media joined the fun. Comcast (CMCSA) was up only 20 cents but Disney (DIS) was up two beaners. Retail was higher, but not materially so after the weak data. (T)FANG with the exception of a weak Facebook (FB) was higher on the day. But there was distinct underperformance against the averages. NOSH was mixed and also underperformed. CRABBY was led by C. In individual stocks, Apple (AAPL) was up $1.60 and Twitter (TWTR) rose almost 5%, while Potash (POT) and Radian Group (RDN) also moved higher. Limited trading today. Here is some great stuff on RealMoneyPro today: El Capitan on CSX  (CSX) and Jeremy LaKosh on the same subject.  RevShark's always-informative market takes.  Carleton English on the bears' dilemma.  Mike Norman's I told you so.  Ed Ponsi "Scheme" does the
By

Doug Kass

 | Mar 30, 2016 | 3:44 PM EDT
The U.S. dollar declined in value today. This seems to be a key element of the bulls' argument after the Yellen statement yesterday. I sensed a small divergence in the internals late in the morning,  and indeed the market peaked around then. But there is another 15 minutes in the trading day. Crude oil was indifferent to the Fed chairwoman, flat on the session and closing at $38.33. Gold declined by $9 to $1,228 -- also indifferent to the prospects for continued money printing. Agricultural commodities were decimated: wheat -12.50, corn -6.00, soybeans -7.75 and oats -3.75. Not surprisingly, Potash (POT) was lower on the day. Bonds were indifferent to Yellen, rescinding all of yesterday's price gains; iShares 20+ Year Treasury Bond (TLT) was down $1.35. The yield on the 10-year rose by three basis points to 1.84%. The long-bond yield climbed by five basis points to 2.66%. Municipal prices rose slightly. Closed-end municipal bond funds were well bid. High yield improved again -- iShares iBoxx High Yield Corporate Bond ETF (HYG) was up 37 cents and SPDR Barclays High Yield Bond ETF (JNK) was up 12 cents. Blackstone/GSO Strategic Credit Fund (BGB) climbed by a nickel. Consumer staples failed to respond to a better currency, with Kimberly-Clark (KMB) the sole gainer on my screen. Banks recovered a tad from yesterday's licking, but are trading well below their highs. Life insurance stocks ripped higher after the MetLife (MET) decision, but are now trading at the day's lows. Lincoln National (LNC) was $1.50 lower than the session price high and Prudential (PRU) was $2.25 below the day's high. And that includes Hartford Financial Services Group (HIG), which I added to! I remain net short the space. Brokerages were only slightly above yesterday's close, and like the above, well below the day's highs. I would be avoiding them for a trade or investment. Retail stocks were mixed. My long fav, Macy's (M), was down a quarter and my short fav, Nordstrom (JWN), up a quarter. Remodeling stocks -- e.g., Home Depot (HD) -- continue to shine. Under Armour (UA) was an upside standout. Energy stocks advanced, led by Schlumberger (SLB), despite the limited price change for the commodity. Old tech was a bit disappointing, with small price changes. Media was mixed, with Comcast (CMCSA) flat and Disney (DIS) up 50 cents. Biotech continues to disappoint, led by controversial Valeant (VRX); I would note that the company's credit default swaps widened to a record high of 930 basis points this afternoon.  The debt markets are typically smarter than the equity markets, my experience shows Biotech biggies Celgene (CELG) and Gilead Sciences (GILD) both were lower. Save for Acadia Pharmaceuticals (ACAD), which had good FDA news, my old Biotech Basket was slightly weaker. Some old friends -- Twitter (TWTR) and Radian Group (RDN) -- catching bids. A current friend and my favorite large cap, DuPont (DD), continued to shine today. Short Caterpillar (CAT) continues its northerly route. Media is saying Apple (AAPL) is no longer in a bear market as it crosses some "levels." I am planning to short more in the days ahead. (T)FANG lagged after a nice run in the last week or two. Tesla (TSLA) and Netflix (NFLX) were lower. So was Facebook (FB) -- everyone's fav. Amazon (AMZN) continues to rip, with $600 in sight, and I have stopped out my loss. Will come back to it when I see some price momentum reversal! NOSH was tasty -- all four components higher. CRABBY was not so crabby --all six components higher.
By

Mark Newton

 | Mar 29, 2016 | 9:30 AM EDT

If past cycles hold true, it won't be real soon.

By

Doug Kass

 | Mar 22, 2016 | 2:49 PM EDT
CAT Fight!  RIG Fight! Meanwhile, with changes that I've made over the past week or so, I'm now down to only five longs on my "Best Ideas" list vs. 21 at the peak. I'm also up to 21 shorts (a new high). My other takeaways and observations so far today: The U.S.
By

Doug Kass

 | Mar 21, 2016 | 3:35 PM EDT
Stocks bent a bit by midday, but the averages are basically back to the session's highs at last check. Oil is up $0.52 to $39.96 a barrel. Gold is down $9.30 an ounce, but silver rose by 6 cents per ounce. Agricultural commodities have risen broadly. Wheat is +3.75, corn +2.25, soybeans  +6.75 and oats +4.25. The U.S. dollar was stronger today. Bonds sold off in price and went higher in yield. The iShares 20+ Year Treasury Bond ETF (TLT) was down about $1 a share at last check. The 10- and 30-year Treasury yields are both up about five basis points. Municipals are unchanged. High-yield bonds are flatlining. The iShares iBoxx U.S. Dollar High Yield Corporate Bond ETF (HYG) was down $0.05 as of a recent check, while the SPDR Barclays High Yield Bond ETF (JNK) was unchanged. The Blackstone/GSO Strategic Credit closed-end fund (BGB), which briefly made a recen
By

Ben Cross

 | Mar 16, 2016 | 11:59 AM EDT

As we get close to the end of the quarter, this market should be a major focus.

By

Doug Kass

 | Mar 14, 2016 | 3:35 PM EDT
For a change, a quiet day of trading; the Bull Market in Complacency remains in place. The U.S. dollar strengthened. Bonds rallied in price and declined in yield by two to three basis points. iShares 20+ Year Treasury Bond (TLT) up 78 cents. The 10-year U.S. note yield dropped to 1.95% and the long bond declined by three basis points to 2.72%. Municipals were well-bid and closed-end municipal bond funds enjoyed a good day. High yield was mixed after some great gains, with iShares iBoxx High Yield Corporate Bond ETF (HYG) down 24 cents but SPDR Barclays High Yield Bond ETF (JNK) down six cents. Blackstone/GSO Strategic Credit Fund (BGB) slipped by four cents. Crude oil dropped by $1.42 to $37.06. Gold declined by nearly $21 as the momentum is slipping. Silver was down 14 cents. Agricultural commodities: wheat +2.75, corn +4.00 and oats +5.00. Lumber -2.50. Banks cooled their heels after nice gains. I had upbeat comments on Friday on the sector, despite the likelihood of reduced earnings estimates ahead.  Brokerages, recently sold, were flat. Life insurance stocks were mixed; my sole long, Hartford Financial Services Group (HIG), was marginally higher. Private equity -- e.g., Blackstone Group (BX), which I also sold -- held well despite recent gains. Retail was mixed. The upside was led by Home Depot (HD) and the downside by Best Buy (BBY), down 50 cents. Old tech was indifferent. Energy stocks held up well despite lower crude, though Schlumberger (SLB) was down $1.40. Consumer staples were mixed. My fav, Procter & Gamble (PG), was weak, though Kimberly-Clark (KMB), was up by over a beaner. Biotech flatlined. Allergan (AGN) continues weak, though My Biotech Basket (sold a week ago) shined, with Gilead Sciences (GILD) higher and both Portola Pharmaceuticals (PTLA) and Sage Therapeutics (SAGE) soaring.  (T)FANG is taking back its leadership role, with Tesla (TSLA) up $8, Amazon (AMZN) up $4 and Alphabet (GOOGL) up $4.50. NOSH was stronger, with only O'Reilly Automotive (ORLY) lower. CRABBY was so, with all components lower. I eliminated Radian Group (RDN) and took the name off my Best Ideas List this morning. Note: S&P raised Radian's debt rating this afternoon.  Good stuff today on RealMoneyPro: 1. Jim "El Capitan" Cramer on whether China is driving the commodity rally.  2. Rev Shark on those damn computers.  3. "Meet" Brett Jensen on muddling along.  4. More Ben Cross on gold.  5. Bob Lang on bullish percent index. 
Market opens slightly up as oil again surpasses $45 a barrel level. Biotech still weak an...
I am sticking with my small Tesla Short. I am planning to discuss this short position on B...
The DXY index has given us some bounces along the long-term downtrend. Spike lows and long...
Join us for a Cinco de Mayo webinar after the close today, we'll talk about bonds a bit, f...

REAL MONEY PRO'S BEST IDEAS

News Breaks

Powered by
Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.