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Stock impact report

State Street's JNK ETF Pays 6.5% Monthly Income With 18 Years Of Reliable Distributions Behind It [Yahoo! Finance]

SPDR LEHMAN BROS HY BOND FUND (JNK) 
Company Research Source: Yahoo! Finance
Credit spreads compressed to 2.74% as of January 2026. This marks near two-decade lows. The fund delivered 8.8% annualized returns over the past decade through income plus price appreciation. A recent study identified one single habit that doubled Americans' retirement savings and moved retirement from dream, to reality. Read more here SPDR Bloomberg High Yield Bond ETF ( NYSEARCA:JNK ) isn't actually invested in junk. Despite its nickname referencing below-investment-grade corporate bonds, this State Street ETF has delivered consistent monthly income to investors for over 18 years. With a current yield around 6.5% and $7.7 billion in assets, JNK appeals to retirees seeking reliable income without picking individual bonds. JNK produces income by tracking the Bloomberg High Yield Very Liquid Index, which holds hundreds of below-investment-grade corporate bonds. These bonds pay contractual interest that flows through to shareholders as monthly distributions. Unlike stock divide Show less Read more
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