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.
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.