”Fallen Angels” Once Again Present a Significant Value Proposition, Says Market Vectors’ Fran Rodilosso

NEW YORK--(BUSINESS WIRE)--“Fallen angels,” below investment-grade corporate bonds that were rated investment grade at the time of their issuance, have thus far outperformed the broad high-yield corporate bond marketplace in 2012, signaling that the value proposition inherent in these issuances was likely at work once again this year, according to Fran Rodilosso, fixed income portfolio manager at Market Vectors ETFs.