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ANGL Market Vectors Fallen Angel High Yield Bond ETF

  • Fund Description

    The Market Vectors® 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 BofA Merrill Lynch US Fallen Angel High Yield Index (H0FA), 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.

  •  
      

    • Fund Ticker

      ANGL
    • Exchange

      NYSE Arca
    • Commencement

      04/10/2012
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      H0FA
    • Index Rebalancing

      Monthly
  •  
    as of 02/05/16

    • 30-Day SEC Yield1

      7.95%
    • Total Net Assets

      $84.2M
    • Number of Holdings

      220
    • Options

      Expected
    • Gross Expense Ratio2

      0.90%
    • Net Expense Ratio/TER2

      0.40%
    • Distribution Frequency

      Monthly
    • Next Distribution Date

      02/29/2016
  • Country Weightings (%) as of 12/31/15

    • Country

      % of Net Assets
    • UNITED STATES

      61.55
    • ITALY

      7.02
    • UNITED KINGDOM

      6.89
    • LUXEMBOURG

      6.01
    • JAPAN

      5.60
    • FRANCE

      3.72
    • CANADA

      2.68
    • FINLAND

      1.64
    • GERMANY

      1.03
    • NORWAY

      0.75
    • SPAIN

      0.55
    • NEW ZEALAND

      0.49
    • IRELAND

      0.33
    • SWITZERLAND

      0.10
    • Other/Cash

      1.64
  • Portfolio Composition (%)
    as of 12/31/15

    • % of Net Assets
    • Stocks

      0.00
    • Bonds

      98.36
    • Other

      0.00
    • Cash

      1.64
  • Currency Exposure (%)
    as of 12/31/15

    • U.S. Dollar

      98.36
    • Other/Cash

      1.64
  • Credit Quality (%)
    as of 12/31/15

    Composite % of Net Assets
    Investment Grade BBB 2.97
    Non-Investment Grade BB 74.94
    B 12.78
    CCC 3.96
    CC 0.29
    Total Investment Grade -- 2.97
    Total Non-Investment Grade -- 91.97
    Not Rated -- 3.40
    Composite Rating: An evenly weighted blend of a security's Moody's, S&P, Fitch and DBRS ratings. Not Rated indicates that a security is rated by fewer than two of the four rating agencies. This composite is not intended to be a credit opinion.
  • 3-YR Risk Measures*
    as of 12/31/15

    • Beta vs. S&P 500 Index

      0.32
    • Correlation vs. S&P 500 Index

      0.56
    • Volatility (Standard Deviation)

      5.99
    • Sharpe Ratio

      0.49

    Source: Van Eck Global, FactSet

    *Beta is a measure of sensitivity to market movements. Correlation measures the extent of linear association between the ETF performance and the index performance. Volatility is the annualized standard deviation of the ETF's monthly returns. Sharpe ratio measures risk-adjusted return, and represents the ETF's return less the risk free rate divided by the standard deviation. See S&P 500 Index definition.6

  • Sector Weightings (%) as of 12/31/15

    • Sector

      % of Net Assets
    • Financial

      24.4
    • Communications

      16.9
    • Basic Materials

      16.3
    • Energy

      13.2
    • Consumer, Non-cyclical

      8.8
    • Consumer, Cyclical

      7.7
    • Industrial

      4.9
    • Utilities

      3.5
    • Technology

      2.0
    • Diversified

      0.7
    • Other/Cash

      1.6