ANGL: High Yield At 6% Is Not Appealing (Rating Downgrade)
Seeking Alpha·2025-12-11 02:22
Core Insights - The VanEck Fallen Angel High Yield Bond ETF (ANGL) has not been covered for nearly two years, with a previous 'Buy' rating assigned due to attractive spreads [1] Group 1: Company Overview - Binary Tree Analytics (BTA) has a background in investment banking cash and derivatives trading, focusing on providing transparency and analytics for capital markets instruments and trades [1] - BTA specializes in Closed-End Funds (CEFs), Exchange-Traded Funds (ETFs), and Special Situations, aiming for high annualized returns with low volatility [1] Group 2: Investment Strategy - BTA has over 20 years of investment experience, having obtained a Finance major from a top university [1]