

Owning junk bonds usually means owning the wreckage of companies that were never particularly good to begin with.

Investors looking for added income in the bond market — without taking on significantly more risk — will often venture to corporate debt. That search can also include high-yield fare, particularly at times when the broader economy is solid and default rates are low.

This ETF targets downgraded U.S. corporate bonds, providing diversified high yield exposure via an index-driven approach.

Atlantic Edge Private Wealth Management LLC grew its position in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ: ANGL) by 10.0% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 216,900 shares of the company's stock after purchasing an additional

Elevation Capital Advisory LLC raised its position in VanEck Fallen Angel High Yield Bond ETF (NASDAQ: ANGL) by 973.2% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 368,570 shares of the company's stock after acquiring an additional 334,227 shares during the period. VanEck Fallen Angel

BCS Wealth Management boosted its holdings in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ: ANGL) by 93.1% during the undefined quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 41,160 shares of the company's stock after acquiring an additional 19,849 shares during

Mezzasalma Advisors LLC purchased a new stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ: ANGL) in the undefined quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 22,901 shares of the company's stock, valued at approximately $673,000. Other large

VanEck Fallen Angel High Yield Bond ETF targets junk bonds that were originally investment grade, aiming for superior risk-adjusted returns. ANGL has outperformed most high-yield bond ETFs since 2017, closely matching HYDB, but FALN has delivered marginally better returns since 2016. The portfolio is concentrated, with the top 10 issuers comprising 49.1% of assets and significant exposure to Nissan and Celanese.