Fallen angel bond strategies are inherently contrarian. Exchange-traded funds like iShares Fallen Angels USD Bond ETF FALN buy bonds precisely when most investors are selling. These types of funds ...
Fallen angels underperformed the broad high yield market by 0.56% in Q4 and by 2.44% in 2024 as lower duration and lower quality outperformed. Rising stars outpaced fallen angels in 2024, but at a ...
Fallen angels finished the first half of the year outperforming the broad high yield market, despite underperforming by 0.46% in Q2. In May, Constellation Insurance and Royal Caribbean became the ...