iShares Fallen Angels USD Bond ETF (FALN)
| 25.76 Delayed Data As of 3:59pm ET |  +0.07 / +0.27%Today’s Change | 23.41 Today|||52-Week Range 28.82 | +4.67% Year-to-Date |
FALN Regular Dividend: FALN began trading ex-dividend on 02/01/23. A $0.1132 dividend will be paid to shareholders of record as of 02/02/23.
Investment Objective
The investment seeks to track the investment results of the Bloomberg US High Yield Fallen Angel 3% Capped Index composed of U.S. dollar-denominated, high yield corporate bonds that were previously rated investment grade. The fund will invest at least 80% of its assets in the component securities of the Underlying Index, and the Fund will invest at least 90% of its assets in fixed income securities of the types included in the Underlying Index. The index is designed to reflect the performance of U.S. dollar denominated, high yield corporate bonds that were previously rated investment grade.
Latest FALN News
| Top 5 4th Quarter Trades of CWM, LLC Feb 01 / GuruFocus News - Paid Partner Content |
Performance
| 1 month | +3.69% | 3 years | +2.49% | |
| 3 months | +6.68% | 5 years | +3.61% | |
| 1 year | -6.74% | Since inception | +5.81% |
Data through 02/01/2023
Quote Details
| Previous close | $25.69 |
| Open day’s range | 25.72 – 25.84 |
| Net asset value (NAV) | 25.46 (01/31/2023) |
| Daily volume | 28,956 |
| Average volume (3 months) | 1,657,587 |
Data as of 3:59pm ET, 02/02/2023
Peer Comparisonvs. High yield bond ETFs
| FALN | Category | |
|---|---|---|
| Performance 5-yr return | +3.61% | +1.74% |
| Expense Gross exp ratio | 0.25% | 0.89% |
| Risk 5 year sharpe ratio | 0.21 | 0.10 |
| Net assets | $1.6B | $1.1B |
| Average market cap | -- | -- |
| Average P/E | -- | -- |
| Dividend / Share | -- | 0.05% |
Competitors
| ANGL VanEck Fallen Angel High Yield Bond ETF |
| HYDW Xtrackers Low Beta High Yield Bond ETF |
| FDHY Fidelity High Yield Factor ETF |
Holdings
Top 5 SectorsPortfolio weighting
| Business service | -- |
| Consumer goods | -- |
| Consumer service | -- |
| Energy | -- |
| Financial service | -- |
Top 10 HoldingsPortfolio weighting
| -- | 2.04% |
| -- | 1.93% |
| -- | 1.92% |
| -- | 1.56% |
| -- | 1.56% |
| -- | 1.47% |
| -- | 1.38% |
| -- | 1.16% |
| -- | 1.13% |
| -- | 1.11% |
