ETF Spotlight: High-Yield Bonds | ETF Trends

ETF spotlight on SPDR Barclays High Yield Bond (NYSEArca: JNK), part of an ongoing series.

Assets: $11.1 billion.

Objective: The SPDR Barclays High Yield Bond tries to reflect the performance of the Barclays Capital High Yield Very Liquid Index, which follows publicly issued U.S. dollar-denominated high yield corporate bonds with above average liquidity.

Holdings: The fund holds industrial, utility and financial corporate debt with a BB or lower rating and a modified adjusted duration of 4.4 years.