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

ETF Overview

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.

Key Stats

• Today's Range: $27.29 to $27.37
• 50-Day Range: $26.43 to $27.39
• 52-Week Range: $24.12 to $27.43
• Volume: 308,584 shs
• Average Volume: 702,934 shs
• Market Capitalization: $1.72 billion
• Assets Under Management: $1.85 billion
• Dividend Yield: 5.81%
• Net Expense Ratio: 0.25%
• Aggregate Rating: N/A

FALN ETF - Frequently Asked Questions

How have FALN shares performed this year?

iShares Fallen Angels USD Bond ETF's stock was trading at $26.40 at the beginning of the year. Since then, FALN stock has increased by 3.6% and is now trading at $27.36.
View the best growth stocks for 2024 here.

Who are iShares Fallen Angels USD Bond ETF's major shareholders?

iShares Fallen Angels USD Bond ETF's top institutional shareholders include Mather Group LLC. (11.36%), Envestnet Asset Management Inc. (3.89%), LPL Financial LLC (2.85%) and Angeles Investment Advisors LLC (1.48%).

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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What other stocks do shareholders of iShares Fallen Angels USD Bond ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that iShares Fallen Angels USD Bond ETF investors own include SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (BIL), iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB), iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD), Pfizer (PFE), AbbVie (ABBV), Adobe (ADBE) and Abbott Laboratories (ABT).

Fund Details

• Issuer: iShares
• Fund Name: iShares Fallen Angels USD Bond ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NASDAQ
• Current Symbol: NASDAQ:FALN
• Inception Date: 6/14/2016
• Fund Manager: James Mauro, Karen Uyehara
• Web: N/A
• Phone: 14089961010

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: 184

Fund Statistics

• Assets Under Management: $1.85 billion
• Average Daily Volume: $544,939.70
• Discount/Premium: 0.08%

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: 1,100,000 shs

Miscellaneous

• Outstanding Shares: 62,750,000
• Beta: 0.54
• Creation Unit: 50,000
• Creation Fee: $450.00