VanEck US Fallen Angel High Yield Bond UCITS ETF A USD Acc
USFA.L
London Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 70 Sir John Rogerson's Quay Dublin Ireland D02 R296
- IPO Date
- Sep 1, 2023
- Similar Companies
- Business
- VanEck US Fallen Angel High Yield Bond UCITS ETF A USD Acc (Ticker: USFA.L) is a UCITS-compliant exchange-traded fund managed by VanEck that aims to track the performance of investment results of an index composed of high-yield, fallen angel bonds denominated in USD. The fund specializes in lower-rated corporate debt securities perceived as higher risk but with potentially higher yields, typically prioritizing exposure to distressed or deeply discounted bonds that have experienced significant price declines due to issuer credit concerns. Its primary activity is to provide investors with liquidity and access to a diversified portfolio of fallen angel high yield bonds through a single listed vehicle, enabling exposure to credit risk and option-like recovery potential within the high yield space. Main products and services: UCITS-compliant ETF structure; USD-denominated fallen angel high yield bond exposure; passively managed index-tracking strategy; daily liquidity and tradability on the listed market; dissemination of price, performance, and holdings data; investor reporting and fund governance services; securities lending and collateral management as part of fund operations. Latest major company changes: recent fund-level updates include rebalancing and index methodology adjustments to reflect evolving credit markets; strategic partnerships or distribution agreements expanding cross-border market access; potential new share classes or currency hedging options; ongoing responses to regulatory and compliance implementations affecting UCITS funds; acquisitions or integrations within VanEck’s funds platform to enhance data, risk management, and operational efficiency. Additional context: industry and business segments are investment management and financial products; target markets include retail and institutional investors seeking diversified credit exposure; geographic operations span multiple regions, with distribution and domiciling in Europe for UCITS compliance and global marketing; founding year and headquarters location pertain to VanEck as the fund sponsor, headquartered in the United States with European fund structures; the vehicle may have subsidiary and affiliate relationships within VanEck’s global fund lineup.