Fallen angels outperformed broad high yield by 0.53% YTD, driven by security selection and duration. This marks 15 years of ...
A fallen angel is a bond downgraded from investment-grade to junk status due to a decline in the issuer's financial stability ...
Fallen angels underperformed the broad high yield market in September by 0.35%. The seven-month drought of fallen angles ended in September as OCI NV and VF Corporation were downgraded to high yield, ...