2024-04-01 03:52:18 ET
Summary
- Fallen angels are bonds downgraded from investment-grade to non-investment-grade ratings.
- These bonds tend to experience forced selling from institutional investors. Buyers can profit by buying fallen angels at fire sale prices, and potentially profiting from any rise in prices.
- ANGL is a simple fallen angels index ETF, with diversified exposure to these securities, and an outstanding performance track record.
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ANGL: Fantastic Fallen Angel ETF, Outstanding Performance, Average 5.4% Yield