VanEck Fallen Angel High Yield Bond ETF
ANGL
Market cap $2.97B

27.98 USD

+0.10

0.36%

At close Apr 17, 4:00 PM EDT

After hours

27.98

+0.00

0.00%

1 day

0.36%

5 days

1.52%

1 month

-3.25%

3 months

-3.18%

6 months

-4.01%

Year to date

-2.44%

1 year

-0.57%

5 years

2.45%

10 years

1.30%

0

Funds holding %

of 7,407 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

66% more repeat investments, than reductions

Existing positions increased: 154 | Existing positions reduced: 93

25% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 36

0% more funds holding in top 10

Funds holding in top 10: 15 [Q3] → 15 (+0) [Q4]

0.86% less ownership

Funds ownership: 69.8% [Q3] → 68.94% (-0.86%) [Q4]

1% less funds holding

Funds holding: 341 [Q3] → 338 (-3) [Q4]

3% less capital invested

Capital invested by funds: $2.17B [Q3] → $2.1B (-$68.9M) [Q4]

39% less call options, than puts

Call options by funds: $120K | Put options by funds: $198K

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for ANGL.

See Analyst Rankings

Financial journalist opinion

ANGL: A Good Product, But Not The Right Time To Buy It

Fallen Angel Investing involves buying recently downgraded bonds for higher returns, but current market conditions make VanEck Fallen Angel High Yield Bond ETF less attractive. ANGL offers a 6.27% yield with a low expense ratio and high liquidity, but its risk profile includes a high standard deviation and max drawdown. Rising interest rates and a low yield spread between corporate and treasury bonds reduce the attractiveness of ANGL compared to safer treasury bonds.

ANGL: A Good Product, But Not The Right Time To Buy It

3 Reasons ANGL Is Better Than Most High-Yield ETFs

ANGL is a high-yield bond ETF focusing on fallen angels. The fund's strategy, track-record, and comparatively strong credit quality, make it stand out from the pack. It is one of my top picks in this space, and a buy.

3 Reasons ANGL Is Better Than Most High-Yield ETFs

The Largest Bond ETFs Are Good, But These ETFs Are Better

The largest bond ETFs are almost exclusively index funds focusing on the broader bond market, or on specific bond sub-asset classes. These ETFs are reasonable investments, but investors can do much better than reasonable. Lots of ETFs offer higher yields, returns, and risk-adjusted returns than these larger ETFs, with extra advantages to boot.

The Largest Bond ETFs Are Good, But These ETFs Are Better

ANGL: Attractive Now, But Probably Not For The Long Term

VanEck Fallen Angel High Yield Bond ETF holds below investment grade bonds initially rated investment grade, offering a 6.32% SEC yield. ANGL has outperformed other high-yield bond ETFs over the past decade, but its price has lagged behind inflation and distribution shows an 8% decay. Competitor iShares Fallen Angels USD Bond ETF has recently outperformed ANGL.

ANGL: Attractive Now, But Probably Not For The Long Term

Junk Bonds Have a ‘Fallen Angel' Problem

A strong economy and falling interest rates have been a great combination for investors in high-yield bonds.

Junk Bonds Have a ‘Fallen Angel' Problem

Undercovered ETFs You Should Know About: 12 Analysts' Picks From August-September 2024

The 'Undercovered' Dozen ETF edition highlights less covered ETFs, focusing on seven in-depth analyses and five brief mentions, from articles published between August 15th and September 16th. The Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) has shown volatility but is stabilizing; patience is advised by The Sunday Investor as its high-quality selections might perform well. The SPDR Portfolio S&P 500 High Dividend ETF (SPYD) offers a 4.07% yield but lacks complexity according to MacroGirl; consider alternatives like PEY.

Undercovered ETFs You Should Know About: 12 Analysts' Picks From August-September 2024

ANGL: I Can't Believe I'm Writing 'I Like This Junk Bond ETF'

I have been a high-yield bond skeptic for nearly 30 years, but recently initiated a small position in this "fallen angels" high-yield bond ETF. Fallen angels refer to bonds that were once investment grade but have been downgraded to junk status. ANGL fits my proprietary YARP™ methodology, which is typically applied to stocks but works for many ETFs as well. I see potential for total return and a contrarian buying opportunity.

ANGL: I Can't Believe I'm Writing 'I Like This Junk Bond ETF'

Precise Exposure of Fixed Income ETFs

While ETF popularity continues to grow, education remains key. Some advisors and investors use ETFs along with mutual funds or individual securities.

Precise Exposure of Fixed Income ETFs

These Bonds Could Outperform Following Rate Cuts

Speculation is intensifying that the Federal Reserve will lower interest rates. It might do so by perhaps as much as 50 basis points, when it meets next month.

These Bonds Could Outperform Following Rate Cuts

ANGL: Why I Just Started Buying This 7% Yielding Bond ETF

VanEck Fallen Angel High Yield Bond ETF focuses on high-yield bonds, particularly after credit rating downgrades for potential total return boost. ANGL has a strong performance history, low expense ratio, and diversified holdings, making it a buy for income investors. Potential downside risks include Federal Reserve policy errors leading to recession, impacting high-yield bond performance, and causing volatility.

See News Rankings

Charts implemented using Lightweight Charts™