State Street's JNK ETF Pays 6.5% Monthly Income With 18 Years Of Reliable Distributions Behind It

Group 1 - The SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) is not primarily invested in junk bonds, which is contrary to what its name suggests [1] - The ETF has a significant allocation to higher-rated bonds, which may provide a different risk-return profile than traditional junk bond investments [1] - This discrepancy raises questions about the ETF's branding and the expectations it sets for investors regarding its investment strategy [1]