SPDR Lehman High Yield Bond ETF (JNK)

All Comments on JNK

  • commenter
    Sep 06 03:46 PM
    A 360 View of Returns (July 2008) [view article]
    job well done and very easy to follow Reply
  • commenter
    Aug 30 08:08 PM
    Report from the Bond War Frontlines [view article]
    The last sentence should read: They poorly reward tyhe investor... Reply
  • commenter
    Aug 30 08:07 PM
    Report from the Bond War Frontlines [view article]
    Duration is one of the critical variables in a bond fund. The longer durations have much more volatility, for now, not much extra yield. Ultimately it is a personal decision as to which yields and duration are best for your portfolio. Personally, I do not recommend any long term funds. They poorly reqard the investor for the increased risks and yield.

    Best wishes,

    ray
    Reply
  • commenter
    Aug 30 02:12 PM
    Report from the Bond War Frontlines [view article]
    The most interesting bond ETFs on the market are PST and TBT. They offer a convenient way to get long exposure to profligacy, pandering, fraud, political incompetence, and central bank indiscipline. That combination of exposure in a single product is hard to beat. Most of the ETFs you mention have short exposure to these. I do not understand why anyone would want them. Reply
  • Report from the Bond War Frontlines [view article]
    Bond ETFs. What an exciting asset class. The fixed income market definitely lends itself to research, analysis, and alpha generation. The only reason to trade an ETF would be to specifically short sectors (say Treasuries or Mortgages) not have a Lehman Agg type of fund.

    www.beyondthemargin.ne...
    Reply
  • commenter
    Aug 18 02:14 PM
    My Website
    Fixed Income: Little Value in Treasuries, Preferred Financials Yielding 8% [view article]
    thoroughbred,
    Yes, it makes sense for now.

    Also, nice article.

    CrossProfit
    Reply
  • commenter
    Aug 18 10:09 AM
    Fixed Income: Little Value in Treasuries, Preferred Financials Yielding 8% [view article]
    Dunn, I had both the GM pfd as well as the F pfd, I just have zero confidence in either, and beside that, those 2 have gotten many recommendations as a better place to hide if you want long term exposure to GM and F so I think there are many novice investors there, if it starts to drop I don't believe they will hold for the long term and would make the drop much worse than it would need to be. Does that make sense? Reply
  • commenter
    Aug 11 10:06 AM
    Fixed Income: Little Value in Treasuries, Preferred Financials Yielding 8% [view article]
    thoroughbred, do you have GJM- GMAC preferred around 11.75, yielding 16%? Are they going away? Reply
  • commenter
    Aug 10 10:59 PM
    Fixed Income: Little Value in Treasuries, Preferred Financials Yielding 8% [view article]
    so remind me why anyone would not do a simple etf like TIPS which is AAA instead of something with less yield? Reply
  • commenter
    Aug 09 01:06 PM
    Fixed Income: Little Value in Treasuries, Preferred Financials Yielding 8% [view article]
    WPK is my number four holding (3.02%) after GE (10.45%), money market (7.33%), a Jan09 4.5% CD (6.79%) and FCX (3.32%) After that is BRKB 2.71%, CTEW 2.29%, KO 2.16%, DD 1.6%, USB 1.55%, and then DTT the other pfd I still hold at 1.53% Reply
  • commenter
    Aug 09 01:03 PM
    Fixed Income: Little Value in Treasuries, Preferred Financials Yielding 8% [view article]
    I held over 12 financial pfds this year going into July, I felt like they were a better place to hide then most financial equities. They day after I got scared and liquidated in my last financial equity (GS) at 164 I realized I was wrong. I took a hard look at my positions, I closed all but two of my pfds and switched into bank stocks... mostly USB, BAC, and on a lark I bought some WB. I am still holding them, although I have traded WB back and forth once. For PFDs? I have taken what was an average position size of about 1% of my portfolio and liquidated most of them to buy the equities... I have also however boosted 2 particular PFDs into top ten holdings. Reply
  • commenter
    Aug 08 03:23 PM
    My Website
    Fixed Income: Little Value in Treasuries, Preferred Financials Yielding 8% [view article]
    better but far from good.as per info on this site the inflation rate of the 5 daily basic needs is app. 15-16%.so if you are working & not a ceo or hedgefund manager you better get a17-18% increase just to stay even. Reply
  • commenter
    Aug 08 01:35 PM
    Fixed Income: Little Value in Treasuries, Preferred Financials Yielding 8% [view article]
    The expense ratio for PFO is 1.56%! Ouch! Reply
  • commenter
    Aug 08 11:34 AM
    Fixed Income: Little Value in Treasuries, Preferred Financials Yielding 8% [view article]
    Also look at HPF and PFO - 2 closed end funds that do nothing but pfd stocks....better yields and you get "active" management Reply
  • commenter
    Aug 08 10:25 AM
    Fixed Income: Little Value in Treasuries, Preferred Financials Yielding 8% [view article]
    Corporate bonds offer a decent alternative--higher yields than Treasuries, less risk than high-yield bonds. Seven percent is pretty easy to get with A-rated bonds. Reply