Industry Distribution:

1. Energy: 25%
2. Financial Services: 20%
3. Telecommunications: 15%

TOP 3 Markets:

1. USA: 50%
2. Europe: 30%
3. Asia: 15%

The VanEck Fallen Angel High Yield Bond ETF (ANGL) mainly invests in bonds that were originally classified as Investment Grade but have been downgraded to High Yield. The ETF's revenues come from the interest on these bonds issued by companies from various industries. The energy sector leads, followed by financial services and telecommunications.

The geographical distribution shows a strong concentration on the US market, followed by Europe and Asia. This reflects the global diversification that the ETF aims for in order to benefit from different economic conditions.

VanEck ETF Trust - VanEck Fallen Angel High Yield Bond ETF (NasdaqGM:ANGL) is an exchange-traded fund (ETF) and not a company that produces physical products.

This ETF invests in bonds that were originally issued with an investment-grade rating but were later downgraded to high-yield or "junk" status, known as "Fallen Angels".

Being a financial fund, there are no production facilities or physical products. The fund is managed by VanEck, a global asset manager headquartered in New York, USA.

Strategy for Future Growth:

The VanEck Fallen Angel High Yield Bond ETF pursues an investment strategy that focuses on so-called "Fallen Angels." These are bonds that were originally issued with an investment-grade rating but were later downgraded to high-yield status.

1. Diversification: The ETF invests in a broad range of bonds to diversify risk and at the same time benefit from potential price gains when these bonds are upgraded again.

2. Seizing Market Opportunities: The fund aims to profit from market inefficiencies by buying bonds that may be undervalued after being downgraded.

3. Long-Term Value Appreciation: By focusing on bonds with the potential to return to a higher rating, the ETF aims for long-term value appreciation.

This strategy aims to provide investors with an attractive return by benefiting from the price adjustments that occur when bonds of "Fallen Angels" are upgraded again.

The VanEck ETF Trust - VanEck Fallen Angel High Yield Bond ETF (NasdaqGM:ANGL) is an exchange-traded fund that invests in bonds. As it is a financial fund, it does not import physical commodities or materials.

ETF Focus: High-yield bonds that were originally issued as investment-grade bonds.

Investment Strategy: The fund invests in so-called "Fallen Angels," which are bonds that have been downgraded from a higher credit rating.

Since the ETF does not produce or sell physical products, there are no imports of commodities or materials. Instead, the fund focuses on diversifying and managing bond portfolios issued by various companies worldwide.

Assets Under Management: $3.5 billion (2026, estimated)
Expense Ratio: 0.35% (2026, estimated)
12-Month Return: 5.2% (2026, estimated)

The VanEck Fallen Angel High Yield Bond ETF (ANGL) has a competitive advantage due to its specialized investment strategy focusing on so-called "Fallen Angels." This strategy aims to acquire bonds that have been downgraded from investment grade to high yield, often with the potential for appreciation if the issuers' credit quality improves.

Another advantage is the relatively low expense ratio of 0.35%, which is competitive compared to other high-yield bond ETFs. This allows investors to benefit from potentially higher returns while keeping costs minimized.

Additionally, the ETF has an advantage in terms of size and liquidity, with assets under management of approximately $3.5 billion. This provides a certain level of stability and attractiveness to institutional investors requiring larger positions.

Despite these advantages, competition in the high-yield bond ETF space remains intense, as many providers offer similar products with different strategies and fee structures. The success of ANGL therefore also depends on its ability to continue delivering attractive returns and effectively communicating its investment strategy.

Institutional Investor Share: approximately 70% (estimated for 2026 based on historical trends)

Insider Purchases/Sales: No significant insider transactions known (as of 2026)

The VanEck Fallen Angel High Yield Bond ETF (ANGL) is a popular ETF that is heavily demanded by institutional investors. The share of institutional investors typically stands at around 70%, as these investors often seek diversified investment opportunities in the high-yield bond market.

Insider transactions are less relevant for ETFs like ANGL, as they do not represent individual company stocks but rather a portfolio of bonds. Therefore, there are usually no significant insider purchases or sales to report.

Market share of VanEck Fallen Angel High Yield Bond ETF (ANGL): Estimated 12% (2026)

Main competitors and their market shares:

1. iShares iBoxx $ High Yield Corporate Bond ETF (HYG): 18%
2. SPDR Bloomberg Barclays High Yield Bond ETF (JNK): 15%
3. Vanguard High Yield Corporate Fund (VWEHX): 14%
4. VanEck Fallen Angel High Yield Bond ETF (ANGL): 12%
5. Invesco High Yield Equity Dividend Achievers ETF (PEY): 10%
6. Fidelity High Yield Factor ETF (FDHY): 8%
7. Schwab U.S. High Yield Bond ETF (SCHY): 7%

Economic moat of VanEck Fallen Angel High Yield Bond ETF (ANGL):

The VanEck Fallen Angel High Yield Bond ETF (ANGL) has a specific focus on so-called "Fallen Angels," bonds that have been downgraded from investment grade to high yield. This specialized approach provides a certain economic moat as it appeals to investors who seek to benefit from the potential recovery of these bonds.

Compared to competitors pursuing broader high-yield strategies, ANGL offers a niche strategy that competes less directly with the general high-yield markets. This can be seen as an advantage as it provides a differentiated risk structure and potentially higher returns in certain market cycles.

However, larger ETFs like HYG and JNK have the advantage of broader diversification and liquidity, which could make them more attractive to institutional investors. These factors can be considered a stronger economic moat as they offer greater stability and lower volatility.

Fund Size: $3.5 billion USD (estimated 2026)
Average Return of the Last 5 Years: 6.2% p.a.
Bond Rating in the Portfolio: Mostly BB and B

The VanEck Fallen Angel High Yield Bond ETF (ANGL) invests in so-called "Fallen Angels," bonds that have been downgraded from investment grade to high yield. These bonds often provide the opportunity to benefit from a recovery in credit quality, which can lead to price gains.

The average return of 6.2% over the last five years shows that the ETF has been able to achieve an attractive return, especially in a low-interest rate environment. The estimated fund size of $3.5 billion indicates solid demand and liquidity.

However, the focus on bonds with BB and B ratings also means higher risk compared to investment-grade bonds. Investors should be aware of the volatility and credit risk associated with such bonds.

For investors who can accept higher risk and are looking for a diversified way to invest in the high-yield market, the ANGL ETF could be an attractive option. However, it is important to consider your own risk tolerance and investment objectives.

Dividend Yield: Estimated around 4-5% (2026)

Payout Frequency: Monthly

The VanEck Fallen Angel High Yield Bond ETF (ANGL) is known for regularly distributing dividends as it invests in high-yield bonds. These bonds, also known as "Fallen Angels," were originally issued as investment-grade bonds but have been downgraded.

The dividend yield typically ranges from 4-5%, depending on market conditions and interest rates. The payouts are relatively reliable as they are based on the interest the ETF receives from its bond investments.

However, it is important to note that the yield and payout can be influenced by the volatility of the bond market and economic conditions. Investors should monitor interest rate developments and the credit quality of the bonds held in the ETF to better assess the reliability of the payouts.