VanEck Fallen Angel High Yield Bond ETF
ANGL
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 666 Third Avenue, 9th Floor New York NY United States of America 10017
- IPO Date
- Apr 11, 2012
- CIK
- 0001137360
- Website
- vaneck.com
- Similar Companies
- Business
- VanEck Fallen Angel High Yield Bond ETF (ANGL) is an exchange-traded fund that seeks to replicate the price and yield performance, before fees and expenses, of the ICE US Fallen Angel High Yield 10% Constrained Index; this index comprises U.S. dollar-denominated, below investment grade corporate bonds issued in the U.S. domestic market that were rated investment grade at the time of issuance but have since been downgraded to high yield status. The ETF provides investors with exposure to a portfolio of fallen angel bonds across various maturities and sectors, including significant holdings in issuers such as Vodafone Group Plc, Nissan Motor Co Ltd, Entegris Inc, Celanese US Holdings LLC, and Resorts World Las Vegas LLC / RWLW Capital; the portfolio emphasizes higher quality high yield bonds, predominantly BB-rated (78.60% as of November 30, 2025), with geographic allocations led by the United States (70.99%), Japan (6.76%), Canada (5.21%), and the United Kingdom (5.00%). ANGL features a total expense ratio of 0.25%, monthly dividend distributions with a 30-day SEC yield of 6.17% as of December 16, 2025, and total net assets of $3.11 billion. Launched on April 10, 2012 and domiciled in the United States, the ETF is managed by VanEck, headquartered at 666 Third Avenue, New York, New York. In recent developments, the fund has maintained steady performance with year-to-date returns of 8.52% as of December 16, 2025, amid expectations of increased fallen angel activity in 2025 due to idiosyncratic downgrades rather than broad market weakness; institutional interest persists, as evidenced by 1832 Asset Management L.P. increasing its stake by 4.0% in Q2 2025 through the acquisition of 47,147 additional shares, while VanEck continues to expand its broader fixed income ETF lineup, including the September 2024 launch of the actively managed VanEck AA-BB CLO ETF (CLOB) focused on mezzanine collateralized loan obligations.