Sarat Sethi, managing partner and portfolio manager at DCLA, sees opportunity amid the market turmoil caused by the Iran conflict, pointing to “fallen angel” stocks that have been unfairly punished by ...

Fallen angels outperformed broad high yield by 0.53% YTD, driven by security selection and duration. This marks 15 years of historical outperformance out of the last 22 calendar years*. There were 10 ...

Fallen angels underperformed the broad high yield market in October by 0.29%, driven mostly by the rise in rates throughout the month, increasing the YTD underperformance to 2.14%. In October, fallen ...