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NASDAQ:FALN

iShares Fallen Angels USD Bond ETF (FALN) Price, Holdings, & News

$26.39
-0.05 (-0.19%)
(As of 12:03 PM ET)
Today's Range
$26.32
$26.47
50-Day Range
$26.01
$26.88
52-Week Range
$24.12
$26.92
Volume
356,595 shs
Average Volume
745,554 shs
Market Capitalization
$1.63 billion
Assets Under Management
$1.72 billion
Dividend Yield
5.80%
Net Expense Ratio
0.25%
FALN stock logo

About iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

The iShares Fallen Angels USD Bond ETF (FALN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value weighted index of bonds that were rated investment grade at issuance, but later downgraded to sub-investment grade. FALN was launched on Jun 14, 2016 and is managed by BlackRock.

FALN Stock Price History

FALN ETF News Headlines

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Fund Details

Issuer
iShares
Fund Name
iShares Fallen Angels USD Bond ETF
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:FALN
Inception Date
6/14/2016
Fund Manager
James Mauro, Karen Uyehara
Web
N/A

Fund Focus

Asset Class
Fixed Income
Benchmark
Bloomberg US High Yield Fallen Angel 3% Capped Index
Category
Corporate
Focus
High Yield
Development Level
Developed Markets
Region
North America
Number of Holdings
188

Fund Statistics

Assets Under Management
$1.72 billion
Average Daily Volume
$574,226.80
Discount/Premium
0.09%

Administrator, Advisor and Custodian

Administrator
State Street Bank and Trust Company
Advisor
BlackRock Fund Advisors
Custodian
State Street Bank and Trust Company
Distributor
BlackRock Investments, LLC
Transfer Agent
State Street Bank and Trust Company
Trustee
N/A
Lead Market Maker
Jane Street

Options

Optionable
N/A
Short Interest
366,300 shs

Miscellaneous

Beta
0.54
Creation Unit
50,000
Creation Fee
$450.00
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iShares Fallen Angels USD Bond ETF Expenses

TypeFALNHigh Yield ETFsFixed Income ETFsNASDAQ ETFsAll ETFs
Management Fee0.25%0.43%0.32%0.48%0.51%
Other Expenses0.00%0.29%0.27%0.34%0.58%
Total Expense0.25%0.50%0.40%0.58%0.70%
Fee Waiver0.00%-0.30%-0.24%-0.22%-0.56%
Net Expense0.25%0.43%0.35%0.54%0.58%

iShares Fallen Angels USD Bond ETF (FALN) Holdings & Exposure

Top 10 FALN Holdings

  • VODAFONE GROUP PLC - 7.0 2079-04-04
    Holding Weight: 3.00%
  • WESTERN DIGITAL CORPORATION - 4.75 2026-02-15
    Holding Weight: 2.58%
  • NEWELL BRANDS INC - 5.7 2026-04-01
    Holding Weight: 2.09%
  • DRESDNER FUNDING TRUST I 144A - 8.15 2031-06-30
    Holding Weight: 1.70%
  • UNICREDIT SPA 144A - 7.3 2034-04-02
    Holding Weight: 1.69%
  • RESORTS WORLD LAS VEGAS LLC RegS - 4.63 2029-04-16
    Holding Weight: 1.39%
  • UNICREDIT SPA MTN 144A - 5.86 2032-06-19
    Holding Weight: 1.32%
  • EQM MIDSTREAM PARTNERS LP - 5.5 2028-07-15
    Holding Weight: 1.31%
  • PERRIGO FINANCE UNLIMITED CO - 4.65 2030-06-15
    Holding Weight: 1.11%
  • ROGERS COMMUNICATIONS INC 144A - 5.25 2082-03-15
    Holding Weight: 1.11%

FALN Sector Exposure

FALN Industry Exposure


FALN ETF - Frequently Asked Questions

How have FALN shares performed in 2024?

iShares Fallen Angels USD Bond ETF's stock was trading at $26.40 at the start of the year. Since then, FALN shares have increased by 0.0% and is now trading at $26.40.
View the best growth stocks for 2024 here
.

How often does iShares Fallen Angels USD Bond ETF pay dividends? What is the dividend yield for iShares Fallen Angels USD Bond ETF?

iShares Fallen Angels USD Bond ETF declared a monthly dividend on Tuesday, April 30th. Stockholders of record on Thursday, May 2nd will be given a dividend of $0.133 per share on Tuesday, May 7th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.05%. The ex-dividend date of this dividend is Wednesday, May 1st.
Read our dividend analysis for FALN
.

What does FALN invest in?

iShares Fallen Angels USD Bond ETF is a fixed income fund issued by iShares. FALN focuses on high yield investments and follows the Bloomberg US High Yield Fallen Angel 3% Capped Index. The fund's investments total to approximately $1.72 billion assets under management.

What is the management fee for iShares Fallen Angels USD Bond ETF?

iShares Fallen Angels USD Bond ETF's management fee is 0.25% and has no other recorded expenses or fee waivers. The net expense ratio for FALN is 0.25%.

What other stocks do shareholders of iShares Fallen Angels USD Bond ETF own?
Who are iShares Fallen Angels USD Bond ETF's major shareholders?

iShares Fallen Angels USD Bond ETF's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Mather Group LLC. (10.37%), Allworth Financial LP (1.73%), ESL Trust Services LLC (1.67%), Procyon Advisors LLC (0.70%), Commonwealth Equity Services LLC (0.68%) and Continuum Wealth Advisors LLC (0.42%).

How do I buy shares of iShares Fallen Angels USD Bond ETF?

Shares of FALN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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This page (NASDAQ:FALN) was last updated on 5/23/2024 by MarketBeat.com Staff

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