BNY Mellon Efficient U.S. Fallen Angels Beta Fund HKD N Inc
ISIN IE000RIGD9Y9 / Valor 13225176
BNY Mellon Efficient U.S. Fallen Angels Beta Fund HKD N Inc
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BNY Mellon Efficient US Fallen Angels Bt Fd focuses on investing in U.S. corporate bonds that were once rated as investment grade but have been downgraded to lower ratings, known as "fallen angels." The fund seeks to identify and select these bonds, aiming to capitalize on the potential for their credit quality to improve over time. By targeting a diversified portfolio of these downgraded securities across various industries, the fund strives to achieve higher returns while managing the associated risks inherent in lower-rated debt.
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