Fallen Angel ETF Could get Some new Holdings
April 20, 2015 at 07:30 AM EDT
With commodities prices under pressure, the Market Vectors Fallen Angel High Yield Bond ETF (NYSEArca: ANGL) could see its lineup grow as some corporate bonds shed investment-grade status. Energy and materials issuers have $160 billion of bonds under review by Moody’s Investors Service and Standard...