Key stats
About VanEck Fallen Angel High Yield Bond ETF
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Inception date
Apr 10, 2012
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
ANGL looks for value in the high-yield space by targeting fallen angels, bonds that are under duress or have been downgraded. The investment thesis is interesting. Credit downgrades can generate short-term downward pricing pressure. Future credit upgrade will compress the credit spread, which can lead to price appreciation. In combination, the strategy aims to buy low and sell high for maximum total returns. ANGL is limited to USD issues, but holds a sizable share of debt from non-US issuers. It also has a markedly high average maturity and duration, and thus carries significant interest-rate risk in addition to credit risk. Prior to February 28, 2020 the fund tracked the unconstrained index-- ICE BofAML US Fallen Angel High Yield Index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate99.82%
Cash0.18%
Stock breakdown by region
North America82.61%
Europe10.98%
Asia6.41%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ANGL top holdings are Vodafone Group Public Limited Company Notes 2019-04.04.79 Global Fixed/Floating Rate and Nissan Motor Co., Ltd. 4.345% 17-SEP-2027, occupying 3.58% and 2.92% of the portfolio correspondingly.
ANGL last dividends amounted to 0.14 USD. The month before, the issuer paid 0.15 USD in dividends, which shows a 7.21% decrease.
ANGL assets under management is 2.93 B USD. It's risen 0.53% over the last month.
ANGL fund flows account for −117.06 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, ANGL pays dividends to its holders with the dividend yield of 6.25%. The last dividend (Jul 7, 2025) amounted to 0.14 USD. The dividends are paid monthly.
ANGL shares are issued by Van Eck Associates Corp. under the brand VanEck. The ETF was launched on Apr 10, 2012, and its management style is Passive.
ANGL expense ratio is 0.25% meaning you'd have to pay 0.25% of your investment to help manage the fund.
ANGL follows the ICE BofA US Fallen Angel High Yield 10% Constrained. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ANGL invests in bonds.
ANGL price has risen by 0.56% over the last month, and its yearly performance shows a 1.33% increase. See more dynamics on ANGL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.94% over the last month, showed a 5.52% increase in three-month performance and has increased by 7.92% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.94% over the last month, showed a 5.52% increase in three-month performance and has increased by 7.92% in a year.
ANGL trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.