A fallen angel is a bond downgraded from investment-grade to junk status due to a decline in the issuer's financial stability. Learn about its risks and investment potential.
Throughout history, people have been fascinated by royal families and the mysteries surrounding their power. Some legends ...
"Fallen angels" are corporate bonds that received investment-grade credit ratings when they were issued but have since been downgraded to junk. Historically, they have tended to exhibit greater ...
Despite fears of elevated default rates, high interest rates, and the possibility of a recession, high yield corporate debt is delivering for fixed income investors this year. That includes both ...
ANGL invests in recently downgraded high-yield corporate bonds. The fund has outperformed since inception, and by a very hefty margin. A look as to how rising interest rates and worsening economic ...
January 2023 was the strongest start to a calendar year since 2019, where broad HY posted 4.59% and fallen angels 4.67%. Still, CCC & Lower rated bonds took the lead with a 6.22% return, despite the ...
I am not a tax lawyer or IRS rule expert. While this article is about legally capturing the loss of one ETF while replacing it with NOT a "substantially identical" ETF; according to Fidelity, there ...