Fallen Angel Field is Getting Bigger, but Not Weighing on Its Biggest ETF
April 15, 2020 at 12:07 PM EDT
The population of fallen angels is soaring as more previously investment-grade issues enter junk territory, but that’s not working against the VanEck Vectors Fallen Angel High Yield Bond ETF (NASDAQ: ANGL). Rather, the largest ETF dedicated to fallen angel debt is up more than 8% over the...