iShares Fallen Angels USD Bond ETF (FALN)

24.36
BATS BZX Real-Time Price
As of 3:04pm ET
 -0.02 / -0.08%
Today’s Change
23.85
Today|||52-Week Range
30.38
-18.72%
Year-to-Date
FALN Regular Dividend: FALN began trading ex-dividend on 10/03/22. A $0.1033 dividend will be paid to shareholders of record as of 10/04/22.

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.

No recent news for iShares Fallen Angels USD Bond ETF.

Performance

1 month-3.69% 3 years+1.70%
3 months-0.59% 5 years+2.57%
1 year-16.26% Since inception+4.92%
Data through 10/04/2022

Quote Details

Previous close$24.38
Open day’s range24.14 – 24.36
Net asset value (NAV)24.03 (10/03/2022)
Daily volume15,590
Average volume (3 months)1,386,422
Data as of 3:04pm ET, 10/05/2022

Peer Comparisonvs. High yield bond ETFs

 FALNCategory
Performance 5-yr return+2.57%+1.46%
Expense Gross exp ratio0.25%0.91%
Risk 5 year sharpe ratio0.270.15
Net assets$2.5B$1.1B
Average market cap----
Average P/E----
Dividend / Share--0.06%

Competitors

ANGL VanEck Fallen Angel High Yield Bond ETF
HYDW Xtrackers Low Beta High Yield Bond ETF
SPHY SPDR® Portfolio High Yield Bond ETF

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 2.01%
-- 1.83%
-- 1.79%
-- 1.49%
-- 1.48%
-- 1.41%
-- 1.40%
-- 1.16%
-- 1.10%
-- 1.08%