ANGL
VanEck Fallen Angel High Yield Bond ETF
ANGL
VanEck Fallen Angel High Yield Bond ETF
ANGL
VanEck Fallen Angel High Yield Bond ETF
ANGL
VanEck Fallen Angel High Yield Bond ETF
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NAV$28.80
as of December 20, 2024 -
YTD RETURNS5.64%
as of December 20, 2024 -
Total Net Assets$3.08B
as of December 20, 2024 -
Total Expense Ratio0.25%
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Inception Date04/10/2012
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30-Day SEC Yield6.47%
Fund Description
The VanEck Fallen Angel High Yield Bond ETF (ANGL®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ICE US Fallen Angel High Yield 10% Constrained Index (H0CF), which is comprised of below investment grade corporate bonds denominated in U.S. dollars, issued in the U.S. domestic market and that were rated investment grade at the time of issuance.
Overview
Fund Highlights
- Higher Quality High Yield
Fallen angels, high yield bonds originally issued as investment grade corporate bonds, have had historically higher average credit quality than the broad high yield bond universe†
- Outperformed Broad High Yield Bond Market
Fallen angels have outperformed the broad high yield bond market in 14 of the last 20 calendar years§
- Higher Risk-Adjusted Returns than Broad High Yield Bond Market
Fallen angels have historically offered a better risk/reward trade off than found with the broad high yield bond market‖
Recommended Insights
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Fallen Angels: Bond Downgrades Ahead?