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Sector Exposures Continue to Evolve with Rating Migrations - Vimarsana News

Sector Exposures Continue to Evolve with Rating Migrations

New fallen angels and rising stars continue to impact sector exposures in the fallen angel index.

Rating Migrations Are Coming - Vimarsana News

Rating Migrations Are Coming

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.

High Quality Fallen Angels Should Provide Support for 2nd Half - Vimarsana News

High Quality Fallen Angels Should Provide Support for 2nd Half

Fallen angels outperformed broad high yield in June. Spread widening and volatility may provide opportunities to add exposure.

Fallen Angels Index Outperformed Broad High Yield Index… Again: 14 Out of 18 Years - Vimarsana News

Fallen Angels Index Outperformed Broad High Yield Index… Again: 14 Out of 18 Years

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%).