iShares Fallen Angels USD Bond ETFiShares Fallen Angels USD Bond ETFiShares Fallen Angels USD Bond ETF

iShares Fallen Angels USD Bond ETF

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Key stats


Assets under management (AUM)
‪1.83 B‬USD
Fund flows (1Y)
‪152.33 M‬USD
Dividend yield (indicated)
6.23%
Discount/Premium to NAV
0.2%
Shares outstanding
‪68.10 M‬
Expense ratio
0.25%

About iShares Fallen Angels USD Bond ETF


Brand
iShares
Home page
Inception date
Jun 14, 2016
Structure
Open-Ended Fund
Index tracked
US High Yield Fallen Angel 3% Capped
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
FALN invests in corporate fallen angels corporate bonds that previously received an investment-grade rating, but have since been downgraded to sub-investment grade. Eligible securities must be USD-denominated, from developed-market issuers. Constituents are weighted by market value, with a cap of 3% per issuer. Unsurprisingly given the investment-grade origins of its holdings, the fund has a strong bias towards higher-rated BB and B bonds, with longer maturities and greater interest-rate exposure than most funds in the segment. The fallen-angel thesis revolves around total return: the bonds generate income, but also have the potential for capital appreciation if a constituent returns to investment-grade status.

Broaden your horizons with more funds linked to FALN via country, focus, and more.

Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
High yield
Niche
Broad maturities
Strategy
Fundamental
Geography
U.S.
Weighting scheme
Market value
Selection criteria
Credit downgrade
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Stock breakdown by region
85%11%3%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FALN trades at 27.01 USD today, its price has risen 0.09% in the past 24 hours. Track more dynamics on FALN price chart.
FALN net asset value is 26.90 today — it's risen 1.22% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FALN assets under management is ‪1.83 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FALN price has risen by 0.73% over the last month, and its yearly performance shows a 1.31% increase. See more dynamics on FALN price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.22% over the last month, showed a 5.43% increase in three-month performance and has increased by 7.80% in a year.
FALN fund flows account for ‪152.33 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FALN invests in bonds. See more details in our Analysis section.
FALN expense ratio is 0.25%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FALN isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FALN technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FALN shows the buy signal. See more of FALN technicals for a more comprehensive analysis.
Yes, FALN pays dividends to its holders with the dividend yield of 6.23%.
FALN trades at a premium (0.21%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FALN shares are issued by BlackRock, Inc.
FALN follows the US High Yield Fallen Angel 3% Capped. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 14, 2016.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.