About This Event

Exchange-traded fund (ETF) issuer VanEck visits the Nasdaq MarketSite in Times Square to celebrate over 10 years of the VanEck Fallen Angel High Yield Bond ETF (Nasdaq: ANGL). This ETF offers exposure to fallen angel bonds, originally issued with investment-grade ratings and later downgraded to high-yield. The strategy provides higher-quality high-yield exposure and has historically outperformed the broad high-yield bond market, including actively managed funds.

"We launched ANGL over a decade ago to provide investors with a liquid and low-cost solution for accessing this unique segment of the high-yield bond market," said Bill Sokol, VP of ETF Product Management at VanEck. "Since we launched, we've seen periods of rising and falling interest rates, extremely wide and tight credit spreads, and periods of significant rating upgrades and downgrades. Fallen angels have provided outperformance relative to the broad high yield market through these different market environments and we're very proud that ANGL has allowed investors to achieve better investment outcomes in their portfolios."

ANGL seeks to track the ICE US Fallen Angel High Yield 10% Constrained Index (H0CF), which is comprised of below-investment-grade corporate bonds denominated in U.S. dollars issued in the U.S. domestic market and rated investment grade at the time of issuance.

The VanEck team provides regular updates and insights on their income solutions and research that can be accessed here.

In honor of the occasion, Bill Sokol, VP of ETF Product Management at VanEck, rings the Closing Bell.