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May 21, 2023
New fallen angels and rising stars continue to impact sector exposures in the fallen angel index.
March 19, 2023
Forecasts for new fallen angels remain low, however the first downgrade of the year occurred in February and March has brought a flurry of rating actions.
July 30, 2022
Fallen angels outperformed broad high yield in June. Spread widening and volatility may provide opportunities to add exposure.
January 31, 2022
The fallen angels index outperformed the broad high yield index by 0.40% in December and by 2.36% for 2021 (7.72% vs 5.36%).