Individual Investors

Subscribe to email updates

Subscribe now

Financial Professionals

Subscribe to email updates, or password protected financial professional-only content
email address/username
password

ANGL VanEck Vectors Fallen Angel High Yield Bond ETF

  • Fund Description

    The VanEck 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 08/29/16

    • 30-Day SEC Yield1

      5.35%
    • Total Net Assets

      $319.1M
    • Number of Holdings

      264
    • Options

      Available
    • Gross Expense Ratio2

      0.46%
    • Net Expense Ratio/TER2

      0.35%
    • Distribution Frequency

      Monthly
    • Next Distribution Date

      08/31/2016
  • Index Key Points

    The BofA Merrill Lynch US Fallen Angel High Yield Index (H0FA)
    is comprised of:
     

    Below investment grade corporate bonds denominated in U.S. dollars that were rated investment grade at the time of issuance.

    Index Weighting:
    Index constituents are capitalization-weighted, based on their current amount outstanding.

    Index Provider: BofA Merrill Lynch

     

  • Index Profile

    • Ticker

      H0FA
    • Inception Date

      12/31/2003
    • Rebalance Frequency

      Monthly
  • Index Fundamentals4
    as of 08/29/16

    • Yield to Worst

      5.74%
    • Yield to Maturity

      5.79%
    • Effective Duration (yrs)

      6.02
    • Years to Maturity

      10.07
    • Coupon

      6.19%
     4 See Important Disclosure for definitions.
  • Top 10 Constituents (%)as of 07/31/16

    Total Constituents: 380
    Constituent Name
    Coupon
    MaturityWeighting (%)
    Softbank Corp
    4.500
    04/15/2020
    1.40
    Slm Corp
    8.450
    06/15/2018
    1.27
    Sprint Capital Corp
    6.875
    11/15/2028
    1.16
    Firstenergy Corp
    7.375
    11/15/2031
    1.05
    Sprint Capital Corp
    8.750
    03/15/2032
    1.03
    Intesa Sanpaolo Spa
    5.017
    06/26/2024
    1.03
    Sprint Capital Corp
    6.900
    05/01/2019
    0.93
    Goldman Sachs Capital I
    0.000
    02/15/2034
    0.90
    Freeport-Mcmoran Inc
    3.875
    03/15/2023
    0.90
    Freeport-Mcmoran Inc
    3.550
    03/01/2022
    0.88
    Top 10 Total (%)10.55
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Index Country Weightings (%) as of 07/31/16

    • Country

      % of Net Assets
    • UNITED STATES

      70.54
    • UNITED KINGDOM

      8.53
    • CANADA

      5.79
    • ITALY

      5.21
    • LUXEMBOURG

      4.58
    • FINLAND

      1.43
    • JAPAN

      1.40
    • FRANCE

      1.04
    • GERMANY

      0.64
    • NETHERLANDS

      0.46
    • PUERTO RICO

      0.21
    • IRELAND

      0.19
    • OTHERS

      0.00
  • Index Industry Weightings (%) as of 07/31/16

    • Sector/Industry

      Total (%)
    • Industrials

      82.32
    • Energy

      26.66
    • Basic Industry

      24.08
    • Telecommunications

      11.11
    • Retail

      5.56
    • Technology & Electronics

      3.40
    • Capital Goods

      2.74
    • Consumer Goods

      2.15
    • Services

      2.09
    • Media

      1.43
    • Healthcare

      0.87
    • Leisure

      0.80
    • Real Estate

      0.69
    • Transportation

      0.47
    • Automotive

      0.27
    • Financial

      14.39
    • Banking

      9.07
    • Financial Services

      3.59
    • Insurance

      1.73
    • Utility

      3.29
    • Total

      100.00
  • Index Credit Quality (%) as of 07/31/16

    Composite % of Net Assets
    Investment Grade BBB 6.84
    Non-Investment Grade BB 70.22
    B 18.00
    CCC 2.04
    CC 0.63
    Total Investment Grade -- 6.84
    Total Non-Investment Grade -- 90.89
    Not Rated -- 2.28
    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.
  • Maturity (%) as of 07/31/16

    Average Portfolio Maturity: 9.67 Years