Fallen angel bond strategies are inherently contrarian. Exchange-traded funds like iShares Fallen Angels USD Bond ETF FALN buy bonds precisely when most investors are selling. These types of funds ...
Despite fears of elevated default rates, high interest rates, and the possibility of a recession, high yield corporate debt is delivering for fixed income investors this year. That includes both ...
Fallen angels are bonds downgraded from investment-grade to non-investment-grade ratings. These bonds tend to experience forced selling from institutional investors. Buyers can profit by buying fallen ...
ANGL invests in recently downgraded high-yield corporate bonds. The fund has outperformed since inception, and by a very hefty margin. A look as to how rising interest rates and worsening economic ...
January 2023 was the strongest start to a calendar year since 2019, where broad HY posted 4.59% and fallen angels 4.67%. Still, CCC & Lower rated bonds took the lead with a 6.22% return, despite the ...