In the Margins

BlackRock enters niche junk bond ETF market

June 17, 2016

By Barron's

BlackRock has entered the market for niche junk bond exchange-traded funds with the launch on Thursday of the iShares Fallen Angels USD Bond ETF. The  fund targets what are known as crossover credits, or fallen angels—bonds that have moved from investment-grade to non-investment grade. Read the original story from Barron's.