Dominant Fallen Angel ETF Raises Credit Quality Even as Downgrades Increase
May 11, 2020 at 12:46 PM EDT
A raft of downgrades of corporate bonds to junk status from investment-grade territory is setting the stage for the VanEck Vectors Fallen Angel High Yield Bond ETF (NASDAQ: ANGL) to enhance its credit quality. ANGL seeks to replicate as closely as possible the price and yield performance of the ICE...