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In a year that has already seen record volume of new fallen angel bonds, including the entry of several big names like Ford and Kraft-Heinz into the fallen angel universe, what can investors expect in the remainder of the year? In this ETF Prime podcast, Fran Rodilosso, Head of Fixed Income ETF Portfolio Management, joined host Nate Geraci to take a closer look at fallen angel bonds. Topics included:
A fallen angel bond is a bond that was initially given an investment-grade rating but has since been reduced to junk bond status.
High yield bonds may be subject to greater risk of loss of income and principal and are likely to be more sensitive to adverse economic changes than higher rated securities.
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