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ANGL VanEck Fallen Angel High Yield Bond ETF Please read important disclosure Close important disclosure false us en false false

ANGL
VanEck Fallen Angel High Yield Bond ETF

ANGL
VanEck Fallen Angel High Yield Bond ETF

  • NAV
    $28.08

    as of December 01, 2023
  • YTD RETURNS
    8.88%

    as of December 01, 2023
  • Total Net Assets
    $2.75B

    as of December 01, 2023
  • Total Expense Ratio
    0.35%
  • Inception Date
    04/10/2012
  • 30-Day SEC Yield
    7.16%

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 19 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

Performance

Fees

Holdings

Portfolio

Distributions

Team

Literature

ANGL