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

VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) announced a monthly dividend on Thursday, October 31st, NASDAQ reports. Shareholders of record on Friday, November 1st will be given a dividend of 0.1568 per share on Wednesday, November 6th. This represents a $1.88 annualized dividend and a dividend yield of 6.57%. The ex-dividend date is Friday, November 1st.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

NASDAQ:ANGL traded down $0.21 during mid-day trading on Friday, hitting $28.66. The stock had a trading volume of 848,482 shares, compared to its average volume of 1,025,083. The company’s 50 day simple moving average is $29.16 and its 200 day simple moving average is $28.77. The stock has a market cap of $3.07 billion, a price-to-earnings ratio of 0.48 and a beta of 0.52. VanEck Fallen Angel High Yield Bond ETF has a twelve month low of $26.98 and a twelve month high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Company Profile

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.