(ANGL) Fallen Angel High Yield Bond - Overview
Etf: High-Yield, Fallen-Angel, Corporate, Bonds
Dividends
| Dividend Yield | 6.81% |
| Yield on Cost 5y | 7.33% |
| Yield CAGR 5y | 9.14% |
| Payout Consistency | 95.0% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 3.50% |
| Relative Tail Risk | -3.81% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.67 |
| Alpha | 1.04 |
| Character TTM | |
|---|---|
| Beta | 0.268 |
| Beta Downside | 0.314 |
| Drawdowns 3y | |
|---|---|
| Max DD | 5.48% |
| CAGR/Max DD | 1.58 |
Description: ANGL Fallen Angel High Yield Bond January 12, 2026
The VanEck Fallen Angel High Yield Bond ETF (NASDAQ: ANGL) seeks to track a benchmark composed of below-investment-grade corporate bonds that were originally issued as investment-grade and are denominated in U.S. dollars. By law, the fund must hold at least 80 % of its assets in securities that mirror this index, making it a non-diversified, high-yield vehicle focused on “fallen-angel” issuers.
Key quantitative metrics (as of the latest filing) include an expense ratio of 0.40 %, assets under management of roughly $1.2 billion, and a weighted-average maturity of about 5.8 years. The ETF’s current yield sits near 7.5 % with an average credit spread of roughly 350 bps over the U.S. Treasury curve, reflecting heightened risk premia. Sector exposure is tilted toward energy and telecommunications, which historically dominate the fallen-angel universe, while macro-drivers such as the Federal Reserve’s policy stance and corporate refinancing activity heavily influence performance.
For a deeper, data-driven look at how ANGL fits into broader high-yield strategies, you might explore ValueRay’s analytics platform for granular credit-risk and duration modeling.
What is the price of ANGL shares?
Over the past week, the price has changed by +0.23%, over one month by +0.46%, over three months by +2.50% and over the past year by +8.34%.
Is ANGL a buy, sell or hold?
What are the forecasts/targets for the ANGL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 33.2 | 12.6% |
ANGL Fundamental Data Overview February 02, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 3.11b USD (3.11b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 3.11b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 3.11b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.90% (E(3.11b)/V(3.11b) * Re(6.90%) + (debt-free company))
Discount Rate = 6.90% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)