VanEck and iShares ETFs increase dividends on fallen angel bonds, paying $0.16 and $0.1408 monthly.
The VanEck Fallen Angel High Yield Bond ETF (ANGL) and the iShares Fallen Angels USD Bond ETF (FALN) both announced modest dividend increases, paying $0.16 and $0.1408 per share monthly, respectively. Both have ex-dividend dates on April 1st. These ETFs focus on high-yield bonds that were once rated investment grade but have been downgraded. ANGL's annual yield is 6.59%, while FALN's is 6.33%.
7 days ago
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