VanEck Fallen Angel High Yield Bond ETF (ANGL) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry.
ANGL has IPO date of 2012-04-11, listed on the NASDAQ Global Market, a market capitalization of $3.03B.
VanEck Fallen Angel High Yield Bond ETF is designed to track an index of below-investment-grade corporate bonds denominated in U.S. dollars that were originally issued with investment-grade ratings. The fund commits to investing at least 80% of its total assets in securities that comprise its benchmark index. By focusing on "fallen angels"—bonds that have been downgraded from investment-grade status—the ETF provides exposure to a distinct segment of the high-yield bond market with different risk and return characteristics than traditional junk bonds.
