Fed Likes This Fallen Angel ETF, but There’s More to Its Positive Story
June 01, 2020 at 12:56 PM EDT
Count the VanEck Vectors Fallen Angel High Yield Bond ETF (NASDAQ: ANGL) among the variety of corporate bond ETFs the Federal Reserve is buying. The good news for investors is that there’s much more to the ANGL story even without the Fed embracing the fund. ANGL seeks to replicate as closely...