VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Plans Monthly Dividend of $0.16

VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) declared a monthly dividend on Monday, August 31st. Investors of record on Tuesday, September 1st will be paid a dividend of 0.159 per share on Friday, September 4th. This represents a c) annualized dividend and a yield of 6.6%. The ex-dividend date is Tuesday, September 1st.

VanEck Fallen Angel High Yield Bond ETF Price Performance

NASDAQ:ANGL traded down $0.29 on Tuesday, hitting $28.72. 496,307 shares of the company’s stock were exchanged, compared to its average volume of 860,149. The firm has a 50-day moving average price of $29.03 and a 200-day moving average price of $29.09. VanEck Fallen Angel High Yield Bond ETF has a 52 week low of $28.35 and a 52 week high of $29.77. The company has a market cap of $3.03 billion, a P/E ratio of 59.37 and a beta of 0.42.

About VanEck Fallen Angel High Yield Bond ETF

The VanEck Fallen Angel High Yield Bond ETF (ANGL) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of bonds that were rated investment grade at issuance but later downgraded to sub-investment grade. ANGL was launched on Apr 10, 2012 and is managed by VanEck.