I do the “ETF of the Week” for MarketWatch every week on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments among exchange traded funds.
This week, I looked at the Market Vectors Fallen Angel High Yield Bond ETF (NYSEarca: ANGL). ANGL provides exposure to high yield fixed-income but sticks to higher quality junk bonds.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.