Milestones can be meaningful in the exchange traded funds industry, and on that note, the VanEck Vectors Fallen Angel High Yield Bond ETF (NASDAQ: ANGL) is celebrating its tenth anniversary. Indeed, ...
"Fallen angels" are corporate bonds that received investment-grade credit ratings when they were issued but have since been downgraded to junk. Historically, they have tended to exhibit greater ...
The positive momentum gained by fallen angels in the final quarter of 2023 carried over into January, surpassing broad high yield by 56bps. Sector-specific weakness may continue to manifest in ...
Given high volatility, elevated valuations, and economic growth concerns, we believe the case for higher quality exposure is particularly strong for high yield investors. Delta Air Lines was removed ...
Nov 21 - Since our previous report, the number of global fallen angels increased by two to 37 (through Nov. 9), said an article published today by Standard & Poor's Global Fixed Income Research, ...
NEW YORK (Standard & Poor's) Aug. 20, 2012--Since our previous report, the number of global fallen angels increased by eight to 32 (through Aug. 8), said an article published today by Standard & ...
2020 is already a record year for fallen angel bond volume. From the slew of downgrades—including recent ones of big names like Kraft, Ford and Occidental Petroleum—to the U.S. Federal Reserve’s ...