VanEck Fallen Angel High Yield Bond ETF (ANGL)

high-yield-bonds fallen-angels corporate-bonds

ANGL targets 'fallen angel' bonds – securities that were initially issued with investment-grade ratings but have since been downgraded to high-yield status. The fund's unique approach can potentially capture value as these bonds may be oversold during the downgrade process. For investors looking to add high-yield exposure with a contrarian twist, ANGL offers an innovative strategy in the corporate bond market.