Today were released SPDR Barclays High Yield Bond ETF (JNK)’s weekly net flows. The ETF registered $-128.94M weekly asset outflows for -1.26% decrease, reaching $10126.94M last week. The chart of SPDR Barclays High Yield Bond ETF (JNK) shows negative weekly setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The ETF decreased 2.01% or $0.69 on December 11, hitting $33.69. SPDR Barclays Capital High Yield Bnd ETF (NYSEARCA:JNK) has declined 14.21% since May 11, 2015 and is downtrending. It has underperformed by 9.79% the S&P500. More important recent SPDR Barclays Capital High Yield Bnd ETF (NYSEARCA:JNK) news were published by: Etfdailynews.com which released: “Which “Junk” Fund Liquidates Next? After Third Avenue, Here Are The Unusual …” on December 11, 2015, also Etfdailynews.com published article titled: “Guess What Happened The Last Time Junk Bonds Started Crashing Like This?”, Benzinga.com published: “Amid Increased Activity, Big Junk Bond ETF Holds Its Ground” on December 10, 2015. More interesting news about SPDR Barclays Capital High Yield Bnd ETF (NYSEARCA:JNK) was released by: Seekingalpha.com and their article: “SPDR Barclays Capital High Yield Bond ETF: Yields Are Rising” with publication date: November 17, 2015.
The ETF’s YTD performance is -3.85%, the 1 year is -5.31% and the 3 year is 1.34%.
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Barclays High Yield Very Liquid Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of publicly issued U.S. dollar denominated high yield corporate bonds with above-average liquidity. The fund is non-diversified.
SPDR Barclays High Yield Bond ETF (JNK) is in the ETF category: High Yield Bond, is part of SPDR State Street Global Advisors fund family and currently has $10.77B net assets. It was started on 11/28/2007. The fund’s top holdings are: Numericable Grp Sa 144A 6% for 0.54% of assets, Sprint 7.875% for 0.52%, Reynolds Grp Issuer 5.75% for 0.52%, Sprint Nextel 144A 9% for 0.51%, Frontier Comms 144A 11% for 0.51%, Chrysler Grp Llc / Cg Co-Iss 8.25% for 0.50%, First Data 144A 7% for 0.47%, Hca 6.5% for 0.46%, Chs / Cmnty Health Sys 6.875% for 0.43%, Wind Acquisition Fin Sa 144A 7.375% for 0.42%.
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