The GFEA ETF is a fund that buys fallen angels in the bond market

VanEck Global Fallen Angel High Yield Bond UCITS ETF (GFEA ETF) is an easy way to profit from a known anomaly with fallen angels Investment class bonds that have been downgraded to high yields. They are often oversold due to restrictions placed on institutional investors and tend to go beyond the broad range high yield sectorOn average, they have a higher credit quality.

A history of excess yields compared to the world of high-yield bonds

Take advantage of market anomalies

The average credit quality is currently higher than that of ordinary high-yield issuers

Diversification between countries and sectors

Issued in US dollars, British pounds, euros and Canadian dollars

Currently among the lowest total cost ratios of UCITS Fallen Angel ETFs (0.4%)

Description of VanEck Global Fallen Angel High Yield Bond UCITS ETF

VanEck Global Fallen Angel High Yield Bond UCITS ETF invest in corporate bonds Focusing on the world. The ETF maintains a full range of bond maturities. Underlying bonds have sub-investment grade ratings. The ETF has a currency offering in US dollars. The interest income (coupons) is reinvested in the (accumulated) fund.

The total cost ratio is 0.40% per annum. The fund replicates the result of the underlying index by purchasing a selection of the most relevant components of the index (sampling technique). VanEck Global Fallen Angel High Yield Bond UCITS ETF It is a small ETF with assets of €45 million under its management. GFEA ETF is 3 years older and based in Ireland.

investment strategy

The ICE BofAML Global Fallen Angel High Yield Index tracks investment grade corporate bonds denominated in US dollars, Canadian dollars, British pounds and the euro, which had investment grade ratings at the time of issuance.

Trade the GFEA ETF

VanEck Global Fallen Angel High Yield Bond UCITS ETF (GFEA ETF) It is a European exchange-traded fund. This fund is traded on many different exchanges, such as Borsa Italiana and Deutsche Boerse Xetra. For this reason, different acronyms appear on the same ETF.

This means that it is possible to trade units in this ETF through most Swedish banks and online brokers, for example DejeroAnd nordnet And keep it up.


exchange Currency short name
Stuttgart Stock Exchange euro GFEA
Italian Stock Exchange euro GFA
London Stock Exchange GBP GFGB
London Stock Exchange American dollar GFA
SIX Swiss Exchange Swiss Franc GFAA

biggest possession

Guarantees coupon maturity
ground Currency Weight%
Mexican oil 7.690 January 23 2050 BB- Mexico American dollar 1.1613
Vodafone Group PLC 4.875 October 03, 2078 BB + United kingdom GBP 1.0969
Kraft Heinz Food Company LLC 4.375 01 June 2046 BB + United State American dollar 0.9087
Teva Pharmaceutical Finance – The Netherlands 3.150 01 October 2026 BB- Israel American dollar 0.8831
Sprint Capital Corp. 6.875 November 15, 2028 BB United State American dollar 0.8337
Mexican oil 6.750 September 21 2047 BB- Mexico American dollar 0.8198
Mexican oil 6.500 March 13, 2027 BB- Mexico American dollar 0.8195
ELECTRICITE DE FRANCE SA 5.625 January 22, 2168 BB- France American dollar 0.8137
Sprint Capital Corp. 8.750 March 15, 2032 BB United State American dollar 0.7604
INTESA SANPAOLO SPA 6.625 September 13, 2023 BB + Italia euro 0.7459

Collectibles may change

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