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.

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 range25.72 – 25.84
Net asset value (NAV)25.46 (01/31/2023)
Daily volume28,956
Average volume (3 months)1,657,587
Data as of 3:59pm ET, 02/02/2023

Peer Comparisonvs. High yield bond ETFs

 FALNCategory
Performance 5-yr return+3.61%+1.74%
Expense Gross exp ratio0.25%0.89%
Risk 5 year sharpe ratio0.210.10
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 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 2.04%
-- 1.93%
-- 1.92%
-- 1.56%
-- 1.56%
-- 1.47%
-- 1.38%
-- 1.16%
-- 1.13%
-- 1.11%