Popular Fallen Angel Bond ETF Tries to Assuage Liquidity Concerns
September 27, 2016 at 15:52 PM EDT
A fallen angel, speculative-grade junk bond exchange traded fund will be implementing a rule change to increase exposure to more liquid debt securities. According to VanEck, the VanEck Fallen Angel High Yield Bond ETF (NYSEArca: ANGL), which tracks the BofA Merrill Lynch US Fallen Angel High Yield...