A fallen angel is a bond downgraded from investment-grade to junk status due to a decline in the issuer's financial stability ...

The positive momentum gained by fallen angels in the final quarter of 2023 carried over into January, surpassing broad high yield by 56bps. Sector-specific weakness may continue to manifest in ...

We explore the factors that may contribute to 2023 returns, including interest rate policy and its effect on the real economy, bond market expectations, and the impact of the yield curve. Fallen ...

Fallen angel high yield bonds provide a distinct value proposition that sets them apart from the broad high yield market. The unique performance drivers of fallen angel bonds (systematically buying ...

Armaros is often remembered as a fallen angel, one of the Watchers who transgressed divine law, but he was once a friend and confidant of Enoch, the legendary human scribe who walked with the angels.

I am not a tax lawyer or IRS rule expert. While this article is about legally capturing the loss of one ETF while replacing it with NOT a "substantially identical" ETF; according to Fidelity, there ...