finance1 min read
'Fallen Angel' Bond Fund Yields 6.5% and Outperforms Major Junk Fund Over Decade
A 'fallen angel' bond fund yielding 6.5% has outperformed the market's largest junk bond fund over the past decade.
An investment fund focused on corporate bonds downgraded from investment grade to high yield.
A 'fallen angel' bond fund yielding 6.5% has outperformed the market's largest junk bond fund over the past decade.