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Old 28 February 2020, 03:21 PM   #40
scarlet knight
"TRF" Member
 
Join Date: Jul 2010
Location: USA
Watch: Good ones
Posts: 8,196
This is a junk bond/high yield fund

[QUOTE=mvmbles;10413962]Decided to do some research last night on monthly dividend paying bond ETFs and ANGL is the one that looked most attractive to me. Share price has for the most part steadily increased since inception, has never had reverse split, .35% expense ratio isn't terrible, and average annual return is 8.2% with dividend reinvested. Opened a starter position today in DRIP account that I plan on keeping long term.

I have no experience with bonds, so wondering if anyone here can provide any insight on ANGL, and/or recommend other bond funds with similar or better performance.

https://www.splithistory.com/?symbol=angl[/
It buys bonds that were investment grade, but were downgraded. Thus, the bonds have a high yield. But they are on the risky side.
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