VanEck Global Fallen Angel High Yield Bond UCITS ETF (GFGB.L) LSE
56.27
+0.175(+0.31%)
Currency In GBP
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- Profile
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VanEck Global Fallen Angel High Yield Bond UCITS ETF
Address
70 Sir John Rogerson's Quay
Dublin, D02 R296
Ireland
Phone
353-1-485-4989
Sector
Financial Services
Industry
Asset Management - Bonds
Employees
N/A
First IPO Date
March 19, 2018
Key Executives
N/ADescription
The VanEck Global Fallen Angel High Yield Bond UCITS ETF is a straightforward way to profit from the well-known anomaly of Fallen Angels – investment grade bonds that have been downgraded to high yield. They are often oversold due to restrictions placed on institutional investors and tend to outperform the broad High Yield sector, while on average having higher credit quality.