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VanEck Global Fallen Angel High Yield Bond Etf

VanEck Global Fallen Angel High Yield Bond Etf stock price and volume chart
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNASDAQ
Market Capitalization3,038.47 mln

Business Description

This fund puts the vast majority of its money into corporate bonds that started out with strong credit ratings but have since fallen below investment grade status. All of these bonds are denominated in U.S. dollars and are selected to mirror a specific benchmark index. The fund concentrates its holdings rather than spreading them broadly across many different investments.

Key Fundamentals

EPS0.48
P/E60.90

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week 0.03% 40 / 100   
1 Month 1.32% 35 / 100   
2 Months 0.48% 45 / 100   
6 Months 2.39% 39 / 100   
1 Year 9.89% 38 / 100   



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