Fallen angels outperformed broad high yield by 1.23% in Q2 2026 (3.69% vs. 2.46%), recovering the YTD lead to +0.44%.
Invesco Bloomberg Enhanced Fallen Angels ETF (IFLN) is a new ETF in an old open-end fund structure. Its declared inception date of 04/10/2012 is misleading. Indeed, it was previously known as the ...
Fallen angels are bonds downgraded from investment grade to high yield, often creating forced selling and potential credit dislocations. Historical data shows fallen angels can recover after downgrade ...