The Evolution of Retail Within Fallen Angels
By Nicolas Fonseca, CFA, Product Manager Retail, now the Index’s largest exposure, has been the top contributor to performance over the past twelve months. FirstEnergy Corp. and Rolls-Royce exited the Index at the end of the month. In April, fallen angels (as represented by the ICE US Fallen Angel High Yield 10% Constrained Index, “H0CF”) [...]
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