In the Margins

Bond fund of 'fallen angels' having a good year

November 7, 2016

By The Wall Street Journal

The VanEck Vectors Fallen Angel High Yield Bond ETF, which tracks the Bank of America Merrill Lynch US Fallen Angel High Yield Index, is up more than 22% year to date. Fran Rodilosso, portfolio manager of the $372 million fund, attributes this performance to several factors. Read the original story from The Wall Street Journal