Fallen Angels

The VanEck Fallen Angel High Yield Bond ETF (Market Vectors ETF Trust (NYSE: ANGL)), one of this year's hottest fixed income exchange-traded funds, is undergoing an important change later this month. In a move aimed at enhancing liquidity, ANGL's underlying index, BofA Merrill Lynch US...

Oil prices are slumping again, sending exchange traded products such as the United States Oil Fund LP (ETF) (NYSE: USO) close to or into new bear markets. The recent slide in oil prices is renewing concerns about the high-yield corporate bond market, which was plagued last year amid a spate of...

In the current market environment, anyone who has avoided exposure to the havoc that is the energy sector is certainly breathing a sigh of relief. Investors in the high-yield bond market that chose “fallen angels” as opposed the broader market are also feeling relieved. Fallen angels...