Fallen Angel Bond ETF Is an Outperforming Fixed-Income Theme

Among fixed-income assets, fallen angel bonds and related exchange traded funds have been an outperforming theme as energy and basic industry sectors helped drive returns. Over the past year, the VanEck Fallen Angel High Yield Bond ETF (NYSEArca: ANGL), which tracks the BofA Merrill Lynch US Fallen Angel High Yield Index, climbed 32.3%, compared to the…Click to read more at ETFtrends.com.