| Assets | $1.85B |
| Expense Ratio | 0.25% |
| PE Ratio | n/a |
| Shares Out | 67.15M |
| Dividend (ttm) | $1.69 |
| Dividend Yield | 6.12% |
| Ex-Dividend Date | Oct 1, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 750,470 |
| Open | 27.66 |
| Previous Close | 27.57 |
| Day's Range | 27.64 - 27.69 |
| 52-Week Low | 24.82 |
| 52-Week High | 27.79 |
| Beta | 0.43 |
| Holdings | 156 |
| Inception Date | Jun 14, 2016 |
About FALN
Fund Home PageThe 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 issued by BlackRock.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 1, 2025 | $0.14354 | Oct 6, 2025 |
| Sep 2, 2025 | $0.14238 | Sep 5, 2025 |
| Aug 1, 2025 | $0.14164 | Aug 6, 2025 |
| Jul 1, 2025 | $0.13272 | Jul 7, 2025 |
| Jun 2, 2025 | $0.14269 | Jun 5, 2025 |
| May 1, 2025 | $0.15378 | May 6, 2025 |
Performance
FALN had a total return of 9.40% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.84%.
News
Fallen Angels ETFs: FALN Advantage Over ANGL For Short-Term Gains
FALN offers the strongest upside among fallen angel ETFs, earning a strong buy rating versus a simple buy for ANGL. FALN's pure US focus, higher yield sustainability, and greater sensitivity to immine...
Five Strong High-Yield Corporate Bond ETFs
High-yield corporate bond ETFs provide investors with strong yields, albeit somewhat elevated credit risk. There are lots of high-yield bond ETFs available to investors. Some with higher yields, some ...
FALN: 3 Reasons To Invest In This High-Yield Bond ETF
FALN invests in fallen angels, or corporate bonds recently downgraded from investment-grade to non-investment grade. Fallen angels tend to experience forced selling, and then significant gains as pric...
Profit From Wider Credit Spreads With These High-Yield Bond Funds
The ongoing trade war has led to a massive increase in uncertainty and bearish sentiment. Credit spreads have widened as a result, going from their lowest levels in history, to solidly above-average. ...
High Yield Is Not As High As You Think. WEA Vs. FALN, CEF Vs. ETF
Recent trends show narrowing spreads between Treasuries and investment-grade bonds, pushing us to explore slightly below investment-grade bond portfolios for better yields. We analyze iShares Fallen A...
The Largest Bond ETFs Are Good, But These ETFs Are Better
The largest bond ETFs are almost exclusively index funds focusing on the broader bond market, or on specific bond sub-asset classes. These ETFs are reasonable investments, but investors can do much be...
Junk Bonds Have a ‘Fallen Angel' Problem
A strong economy and falling interest rates have been a great combination for investors in high-yield bonds.
FALN: Sorting The Best Of The Junk
iShares Fallen Angels USD Bond ETF (FALN) invests in junk bonds whose issuers previously had an investment grade rating. FALN has outperformed other junk bond ETFs and its closest competitor ANGL. How...
FALN ETF: As Smooth As High-Yield Gets
We believe the iShares Fallen Angels USD Bond ETF illustrates a good blend of credit risk and yield curve exposure, allowing a stable pricing environment. Furthermore, FALN ETF provides lucrative divi...
Are dividend ETFs like JEPI, DVY, FALN, and VYM worth it?
Dividend ETFs have become popular assets among income-focused investors because of the regular income they provide. Many big funds like the iShares Select Dividend ETF (DVY) and the Schwab US Dividend...
FALN: Great Fund, But Timing Isn't Right Yet
iShares Fallen Angels USD Bond ETF offers potential for higher yields and price appreciation by investing in downgraded investment-grade corporate bonds. The FALN ETF has a well-diversified portfolio ...
SPHY Vs. FALN: Which High-Yield Corporate Bond ETF Is Best For Retirees?
SPHY and FALN are my top two high-yield corporate bond ETF picks.
Juan's Top Dividend ETFs For 2024
On Seeking Alpha, I focus on dividend ETFs targeted towards income investors and retirees. Dividend ETFs focusing on bonds and fixed-income securities have seen significant dividend growth these past ...
FALN: Fallen Angel ETF, Proven Investment Strategy, Strong Performance, 5.4% Yield
FALN invests in recently downgraded bonds, known as fallen angels, which have historically outperformed high-yield corporate bond benchmarks. The fund has outperformed since inception and will, I beli...
Contrarian Idea For 2024: High-Yield Bonds With FALN
High-yield bonds offer higher yields as compensation for higher risks associated with lower credit ratings. The U.S. economy is in a stage between late cycle and recession, but there are signs of reco...
4 Strong High-Yield Corporate Bond ETFs, With Yields Of 5.2% - 7.4%
Federal Reserve hikes have caused yields to increase across fixed-income asset classes. High-yield bonds and bond funds offer particularly high, growing yields. An overview of four of these funds foll...
FALN: A Great High Yield ETF With A Structural Edge
The iShares Fallen Angels USD Bond ETF seeks to provide investors with exposure to high yield corporate bonds that were previously rated investment grade. FALN has a reasonable management fee of 0.25%...
FALN: Fallen Angels, The Best Of High-Yield Bonds
iShares Fallen Angels USD Bond ETF invests in high-yield bonds whose issuers previously had an investment grade rating. Since FALN's inception in 2016, it has outperformed all kinds of bond ETFs. An e...
Best High-Yield Corporate Bond ETFs For Income Investors And Retirees
High-yield corporate bond ETFs offer strong, growing dividends, with HYGV, FALN, and SPHY standing out as strong investment opportunities. HYGV provides a particularly strong 8.4% yield, FALN offers a...
3 Reasons Why FALN Is Better Than ANGL
FALN and ANGL both invest in fallen angels or recently downgraded non-investment grade corporate bonds. ANGL is the larger, more well-known of the pair, but I think FALN is the stronger investment.
FALN: Update On This Strong-Performing Defensive High-Yield Bond Option
We take another look at FALN - a higher-quality High-Yield corporate bond ETF, having a portfolio yield of 7.6%. FALN has outperformed the broader High Yield corporate bond sector, including all but 1...
ETF Flows, The Winners And Losers In Volatile Markets
Recent uncertainty, instigated by the issues seen across the financial sector, has led to a change in investment flows seen across exchange traded funds. A change in investment flows can be seen over ...
FALN And ANGL: Fallen Angel ETF Tax Swap
The iShares Fallen Angels USD Bond ETF (FALN) invests based on the Bloomberg Barclays US High Yield Fallen Angel 3% Capped Index. The VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL) invests bas...
FALN: It's Fallen And It Can't Get Up, For Now
FALN invests in high-yield bonds that were once investment-grade. Fallen Angel investing, as it is called, can be a decent way to seek alpha in normal bond markets.
FALN: (Fallen) Angels To Save You From The Coming Recession
Fallen angel junk bonds are now offering a nearly 7% SEC yield. Many investors dislike junk bonds, but I believe that there are many compelling reasons to include them as a part of a diversified portf...
FALN: Historic Outperformance Despite A More Defensive Stance
The high-yield corporate bond market is finally living up to its name and trading at attractive yields. However, recession estimates are creeping higher, making an all-in jump into high-yield corporat...
FALN: Up Against Rising Interest Rates And Growing Credit Risks
The FALN ETF invests in high-yield corporate bonds that have been downgraded from a previous investment-grade rating. The "fallen angels" strategy has an impressive long-term history of outperforming ...
Investor Interest Returns To Lipper High-Yield ETFs
Lipper High Yield ETFs attracted $2.7 billion in new money last week after posting their largest weekly performance since the first week of September (+0.43%). Lipper High Yield classification has out...
FALN: Fallen Angels, The Last Standing Bonds
A bear market in bonds. FALN facts, portfolio, performance and competitor.
The Role Of Active ETFs In Income Portfolios
In an earlier article, we discussed that in a market of low and stable / rising yields, open-end funds can provide similar performance to CEFs with much better risk control. In this article, we take a...
ANGL And FALN: What Comes Next
ANGL and FALN invest in recently downgraded non-investment grade corporate bonds. Returns have been outstanding since inception, and since I first covered the funds.
High-yield, low visibility: Strategies for trading bond ETFs as rates rise
Stephen Laipply of BlackRock iShares, Isaac Braley of BTS Asset Management and John Davi of Astoria Portfolio Advisors talk their strategies for high-yield investments as interest rates rise. With CNB...
High-yield bond funds still look attractive, says Stephen BlackRock's Laipply
CNBC's Bob Pisani discusses managing high yield bond ETFs as interest rates rise with Steve Laipply of BlackRock iShares and Isaac Braley of BTS Management.
CEF Analysis: High-Yield Sector Update
The high-yield CEF sector has done well though not as well as other sectors in terms of discount returns in the last month (+1.3%). The sector as a whole is near its long-term fair value with a discou...
Best High-Yield Bond ETFs for Q2 2021
The best high-yield bond ETFs for Q2 2021 are FALN, ANGL, and FDHY.
FALN Is Seeing A Surge In Demand So Far In 2021
FALN is a fallen angel ETF, holding bonds that were recently downgraded from investment grade. This is a sector that tends to perform well over time and offers higher yields than the investment grade ...
U.S. Weekly FundFlows Insight Report: Investors Remained Focused On Fixed Income Funds During The Fund Flows Week Despite Record Market Highs
U.S. Weekly FundFlows Insight Report: Investors Remained Focused On Fixed Income Funds During The Fund Flows Week Despite Record Market Highs
The Fallen-Angel ETF That's Flying High
Jan.22 -- Investors are piling into the bonds that were most battered by the coronavirus pandemic as a vaccine-fueled recovery trade ripples across assets. Bloomberg's Katie Greifeld reports on "Bloom...
