VanEck Fallen Angel High Yield Bond ETF (ANGL)High Yield Bond | Exchange Traded Fund | NasdaqGM
29.12 USD
+0.01
(0.034%)
⇧
(June 12, 2026, 4 p.m.
EDT)
After hours: 29.16 +0.04 (0.142%) ⇧ (June 12, 2026, 6:34 p.m. EDT) |
Hot Take ↕ | June 7, 2026, 1:37 a.m. EDT
ANGL presents a classic 'yield trap' scenario where high income masks structural stagnation. The 6.34% dividend yield is attractive on paper, but the underlying asset class—fallen angel bonds—is inherently distressed, and the ETF itself shows no signs of capital appreciation. Over the last nine years, the price has barely moved, trading in a tight range between $28 and $30, which confirms that the market views this as a static income play rather than a growth vehicle. While the dividend has been relatively stable recently, the historical data reveals significant cuts during stress periods (e.g., 2022-2023), meaning the current yield carries hidden risk of future erosion. The lack of options activity suggests smart money isn't positioning for a breakout; they are likely hedging or staying on the sidelines. For investors seeking capital preservation, the lack of price momentum combined with the inherent credit risk of fallen angels makes this a neutral hold at best, suitable only for those who can stomach potential principal loss in exchange for current cash flow. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.007035 |
| AutoARIMA | 0.007035 |
| MSTL | 0.007110 |
| AutoTheta | 0.007196 |
| MSTL_90 | 0.011358 |
| MSTL_126 | 0.014529 |
| MSTL_90_126 | 0.020835 |
Forecast horizon: 60 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 71% |
| H-stat | 0.12 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.135 |
| Excess Kurtosis | -0.39 |
| Attribute | Value |
|---|---|
| Trailing P/E | 60.91 |
As of June 7, 2026, 1:37 a.m. EDT: Speculator positioning is extremely thin across both calls and puts, indicating a lack of directional conviction. Implied volatility is elevated for near-term expiration (June) due to the ATM put anchor, suggesting a hedge against immediate downside, while longer-dated options show negligible open interest. The market is effectively waiting for a catalyst rather than betting on a specific trend.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.53% | 6.34% | 6.20% | 5.49% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-01 | 0.154 | 0.529938 |
| 2026-05-01 | 0.156 | 0.535347 |
| 2026-04-01 | 0.175 | 0.609119 |
| 2026-03-02 | 0.141 | 0.477966 |
| 2026-02-02 | 0.159 | 0.539715 |
| 2025-12-29 | 0.160 | 0.544774 |
| 2025-11-28 | 0.147 | 0.499490 |
| 2025-11-03 | 0.162 | 0.553468 |
| 2025-10-01 | 0.147 | 0.496119 |
| 2025-09-02 | 0.150 | 0.513875 |
| 2025-08-01 | 0.157 | 0.542314 |
| 2025-07-01 | 0.144 | 0.494336 |
| 2025-06-02 | 0.155 | 0.543097 |
| 2025-05-01 | 0.151 | 0.536412 |
| 2025-04-01 | 0.158 | 0.549756 |
| 2025-03-03 | 0.136 | 0.470751 |
| 2025-02-03 | 0.156 | 0.540728 |
| 2024-12-27 | 0.156 | 0.545264 |
| 2024-12-02 | 0.145 | 0.497940 |
| 2024-11-01 | 0.157 | 0.547802 |
| 2024-10-01 | 0.144 | 0.491971 |
| 2024-09-03 | 0.150 | 0.518493 |
| 2024-08-01 | 0.157 | 0.547229 |
| 2024-07-01 | 0.151 | 0.537175 |
| 2024-06-03 | 0.156 | 0.547176 |
| 2024-05-01 | 0.151 | 0.534703 |
| 2024-04-01 | 0.152 | 0.528696 |
| 2024-03-01 | 0.138 | 0.481004 |
| 2024-02-01 | 0.145 | 0.499655 |
| 2023-12-27 | 0.141 | 0.486710 |
| 2023-12-01 | 0.122 | 0.431400 |
| 2023-11-01 | 0.135 | 0.502232 |
| 2023-10-02 | 0.136 | 0.508031 |
| 2023-09-01 | 0.135 | 0.488246 |
| 2023-08-01 | 0.128 | 0.462595 |
| 2023-07-03 | 0.127 | 0.459978 |
| 2023-06-01 | 0.131 | 0.478976 |
| 2023-05-01 | 0.110 | 0.400583 |
| 2023-04-03 | 0.127 | 0.455524 |
| 2023-03-01 | 0.102 | 0.374449 |
| 2023-02-01 | 0.124 | 0.439405 |
| 2022-12-28 | 0.116 | 0.435435 |
| 2022-12-01 | 0.105 | 0.383072 |
| 2022-11-01 | 0.114 | 0.429217 |
| 2022-10-03 | 0.104 | 0.393046 |
| 2022-09-01 | 0.110 | 0.399855 |
| 2022-08-01 | 0.110 | 0.389105 |
| 2022-07-01 | 0.108 | 0.398083 |
| 2022-06-01 | 0.110 | 0.381150 |
| 2022-05-02 | 0.109 | 0.381786 |
| 2022-04-01 | 0.100 | 0.330142 |
| 2022-03-01 | 0.087 | 0.282651 |
| 2022-02-01 | 0.103 | 0.325743 |
| 2021-12-29 | 0.101 | 0.306711 |
| 2021-12-01 | 0.098 | 0.302843 |
| 2021-11-01 | 0.104 | 0.315821 |
| 2021-10-01 | 0.098 | 0.297150 |
| 2021-09-01 | 0.105 | 0.315600 |
| 2021-08-02 | 0.108 | 0.327968 |
| 2021-07-01 | 0.103 | 0.313070 |
| 2021-06-01 | 0.119 | 0.369910 |
| 2021-05-03 | 0.108 | 0.336030 |
| 2021-04-01 | 0.117 | 0.365854 |
| 2021-03-01 | 0.107 | 0.332195 |
| 2021-02-01 | 0.118 | 0.368865 |
| 2020-12-29 | 0.127 | 0.396503 |
| 2020-12-01 | 0.119 | 0.378499 |
| 2020-11-02 | 0.136 | 0.456682 |
| 2020-10-01 | 0.127 | 0.427322 |
| 2020-09-01 | 0.114 | 0.373037 |
| 2020-08-03 | 0.134 | 0.439921 |
| 2020-07-01 | 0.137 | 0.479021 |
| 2020-06-01 | 0.132 | 0.470421 |
| 2020-05-01 | 0.108 | 0.406015 |
| 2020-04-01 | 0.139 | 0.557561 |
| 2020-03-02 | 0.112 | 0.379532 |
| 2020-02-03 | 0.113 | 0.379960 |
| 2019-12-30 | 0.131 | 0.439450 |
| 2019-12-02 | 0.132 | 0.452210 |
| 2019-11-01 | 0.131 | 0.449554 |
| 2019-10-01 | 0.129 | 0.442690 |
| 2019-09-03 | 0.128 | 0.439560 |
| 2019-08-01 | 0.133 | 0.453770 |
| 2019-07-01 | 0.127 | 0.435977 |
| 2019-06-03 | 0.132 | 0.467422 |
| 2019-05-01 | 0.135 | 0.467128 |
| 2019-04-01 | 0.135 | 0.470383 |
| 2019-03-01 | 0.116 | 0.406020 |
| 2019-02-01 | 0.122 | 0.434009 |
| 2018-12-27 | 0.144 | 0.540338 |
| 2018-12-03 | 0.151 | 0.549491 |
| 2018-11-01 | 0.140 | 0.497512 |
| 2018-10-01 | 0.129 | 0.444674 |
| 2018-09-04 | 0.133 | 0.460845 |
| 2018-08-01 | 0.139 | 0.480969 |
| 2018-07-02 | 0.127 | 0.444211 |
| 2018-06-01 | 0.132 | 0.457856 |
| 2018-05-01 | 0.122 | 0.420835 |
| 2018-04-02 | 0.133 | 0.461165 |
| 2018-03-01 | 0.119 | 0.407116 |
| 2018-02-01 | 0.130 | 0.434637 |
| 2017-12-27 | 0.219 | 0.733914 |
| 2017-12-01 | 0.122 | 0.407074 |
| 2017-11-01 | 0.127 | 0.421088 |
| 2017-10-02 | 0.121 | 0.400928 |
| 2017-09-01 | 0.122 | 0.408163 |
| 2017-08-01 | 0.127 | 0.426604 |
| 2017-07-03 | 0.131 | 0.444068 |
| 2017-06-01 | 0.128 | 0.431412 |
| 2017-05-01 | 0.114 | 0.385135 |
| 2017-04-03 | 0.128 | 0.435522 |
| 2017-03-01 | 0.113 | 0.382015 |
| 2017-02-01 | 0.121 | 0.413534 |
| 2016-12-28 | 0.219 | 0.758836 |
| 2016-12-01 | 0.132 | 0.463320 |
| 2016-11-01 | 0.135 | 0.473352 |
| 2016-10-03 | 0.137 | 0.475529 |
| 2016-09-01 | 0.134 | 0.468531 |
| 2016-08-01 | 0.127 | 0.454871 |
| 2016-07-01 | 0.143 | 0.516618 |
| 2016-06-01 | 0.147 | 0.548303 |
| 2016-05-02 | 0.140 | 0.516224 |
| 2016-04-01 | 0.144 | 0.562280 |
| 2016-03-01 | 0.117 | 0.476578 |
| 2016-02-01 | 0.092 | 0.385421 |
| 2015-12-29 | 0.188 | 0.770492 |
| 2015-12-01 | 0.105 | 0.413061 |
| 2015-11-02 | 0.116 | 0.444956 |
| 2015-10-01 | 0.105 | 0.411442 |
| 2015-09-01 | 0.118 | 0.449011 |
| 2015-08-03 | 0.117 | 0.434621 |
| 2015-07-01 | 0.100 | 0.370645 |
| 2015-06-01 | 0.108 | 0.389049 |
| 2015-05-01 | 0.090 | 0.325262 |
| 2015-04-01 | 0.134 | 0.491022 |
| 2015-03-02 | 0.112 | 0.410407 |
| 2015-02-02 | 0.122 | 0.450517 |
| 2014-12-29 | 0.401 | 1.528784 |
| 2014-12-01 | 0.105 | 0.382514 |
| 2014-11-03 | 0.130 | 0.473071 |
| 2014-10-01 | 0.125 | 0.454050 |
| 2014-09-02 | 0.128 | 0.454062 |
| 2014-08-01 | 0.128 | 0.459605 |
| 2014-07-01 | 0.119 | 0.420643 |
| 2014-06-02 | 0.129 | 0.460057 |
| 2014-05-01 | 0.126 | 0.452424 |
| 2014-04-01 | 0.130 | 0.473244 |
| 2014-03-03 | 0.119 | 0.431316 |
| 2014-02-03 | 0.130 | 0.485075 |
| 2013-12-27 | 0.205 | 0.762933 |
| 2013-12-02 | 0.127 | 0.471243 |
| 2013-11-01 | 0.127 | 0.472295 |
| 2013-10-01 | 0.122 | 0.464231 |
| 2013-09-03 | 0.122 | 0.463878 |
| 2013-08-01 | 0.139 | 0.512915 |
| 2013-07-01 | 0.139 | 0.528919 |
| 2013-06-03 | 0.139 | 0.509158 |
| 2013-05-01 | 0.130 | 0.472727 |
| 2013-04-01 | 0.140 | 0.510949 |
| 2013-03-01 | 0.130 | 0.482554 |
| 2013-02-01 | 0.130 | 0.483271 |
| 2012-12-27 | 0.266 | 0.994393 |
| 2012-12-03 | 0.146 | 0.541744 |
| 2012-11-01 | 0.146 | 0.544979 |
| 2012-10-01 | 0.140 | 0.530504 |
| 2012-09-04 | 0.140 | 0.529301 |
| 2012-08-01 | 0.140 | 0.542846 |
| 2012-07-02 | 0.130 | 0.510805 |
| 2012-06-01 | 0.162 | 0.644135 |
| Attribute | Value |
|---|---|
| All Time High | 33.43 |
| All Time Low | 21.13 |
| Ask | 30.02 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 539,490 |
| Average Daily Volume3 Month | 894,619 |
| Average Volume | 894,619 |
| Average Volume10Days | 539,490 |
| Beta3 Year | 0.79 |
| Bid | 28.25 |
| Bid Size | 1 |
| Category | High Yield Bond |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 29.14 |
| Day Low | 29.06 |
| Dividend Yield | 6.34 |
| Eps Trailing Twelve Months | 0.4780956 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 29.1072 |
| Fifty Day Average Change | 0.012800217 |
| Fifty Day Average Change Percent | 0.00043976118 |
| Fifty Two Week Change Percent | 0.90090036 |
| Fifty Two Week High | 29.78 |
| Fifty Two Week High Change | -0.65999985 |
| Fifty Two Week High Change Percent | -0.02216252 |
| Fifty Two Week Low | 28.36 |
| Fifty Two Week Low Change | 0.7600002 |
| Fifty Two Week Low Change Percent | 0.026798315 |
| Fifty Two Week Range | 28.36 - 29.78 |
| First Trade Date Milliseconds | 1,334,151,000,000 |
| Five Year Average Return | 0.033121802 |
| Full Exchange Name | NasdaqGM |
| Fund Family | VanEck |
| Fund Inception Date | 1,334,016,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of below investment grade corporate bonds denominated in U.S. dollars that were rated investment grade at the time of issuance. It is non-diversified. |
| Long Name | VanEck Fallen Angel High Yield Bond ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_184315290 |
| Nav Price | 29.05 |
| Net Assets | 3,094,623,740.0 |
| Net Expense Ratio | 0.25 |
| Open | 29.14 |
| Phone | 888-658-8287 |
| Post Market Change | 0.04129982 |
| Post Market Change Percent | 0.1418263 |
| Post Market Price | 29.1613 |
| Post Market Time | 1,781,303,693 |
| Previous Close | 29.11 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.010000229 |
| Regular Market Change Percent | 0.03435324 |
| Regular Market Day High | 29.14 |
| Regular Market Day Low | 29.06 |
| Regular Market Day Range | 29.06 - 29.14 |
| Regular Market Open | 29.14 |
| Regular Market Previous Close | 29.11 |
| Regular Market Price | 29.12 |
| Regular Market Time | 1,781,294,400 |
| Regular Market Volume | 658,704 |
| Short Name | VanEck Fallen Angel High Yield |
| Source Interval | 15 |
| Symbol | ANGL |
| Three Year Average Return | 0.084243804 |
| Total Assets | 3,094,623,744 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 60.908325 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 0.02093 |
| Trailing Three Month Returns | 0.02093 |
| Triggerable | 1 |
| Two Hundred Day Average | 29.3278 |
| Two Hundred Day Average Change | -0.20779991 |
| Two Hundred Day Average Change Percent | -0.0070854244 |
| Type Disp | ETF |
| Volume | 658,704 |
| Yield | 0.0634 |
| Ytd Return | 1.55429 |