Battle Between Fallen Angel ETFs Heats Up as VanEck Joins Fee War
June 20, 2016 at 16:34 PM EDT
On the heels of BlackRock iShares’ new fallen angel bond fund, VanEck slashed the management fees for its popular bond exchange traded fund that tracks downgraded debt securities initially issued with an investment-grade rate. On Monday, VanEck announced the expense ratio for the...