JNK’s price was little-changed on the day at last check. The ETF has a dividend yield of 7.3%.
High-yield ETFs have been very popular this year with investors trying to boost income in a low-rate environment for bonds. [Waiting Out the Stock Market with High-Yield ETFs]
High-yield or “junk” bonds offer higher yields, but investors need to remember they’re being compensated for taking on more risk by moving into lower-quality debt. [High-Yield Bond ETFs Come with Risks]
ETF providers are also rolling products that invest in high-yield corporate bonds from emerging markets. [Why Emerging Market Corporate Bond ETFs are Hot]
SPDR Barclays Capital High Yield Bond ETF
