FALN - iShares U.S. Fallen Angels ETF
| Assets | $2.22B |
| NAV | $29.33 |
| Expense Ratio | 0.25% |
| PE Ratio | n/a |
| Beta (5Y) | 0.58 |
| Dividend (ttm) | $1.44 |
| Dividend Yield | 4.90% |
| Ex-Dividend Date | Apr 1, 2021 |
| 1-Year Return | - |
| Trading Day | April 21 |
| Last Price | $29.40 |
| Previous Close | $29.33 |
| Change ($) | 0.07 |
| Change (%) | 0.24% |
| Day's Open | 29.32 |
| Day's Range | 29.32 - 29.41 |
| Day's Volume | 642,062 |
| 52-Week Range | 22.03 - 29.51 |
Fund Description
The investment seeks to track the investment results of the Bloomberg Barclays 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 generally will invest at least 90% of its assets in the component securities of the index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index is designed to reflect the performance of U.S. dollar denominated, high yield corporate bonds that were previously rated investment grade.
| Asset Class Equity | Sector Income |
| Region North America | Inception Date Jun 14, 2016 |
| Exchange NASDAQ | Ticker Symbol FALN |
| Index Tracked Bloomberg Barclays US High Yield Fallen Angel 3% Capped Index | |
Top 10 Holdings
13.16% of assets| Name | Symbol | Weight |
|---|---|---|
| Carnival Corporation 11.5% | n/a | 2.32% |
| Sprint Capital Corporation 6.88% | n/a | 1.60% |
| Sprint Capital Corporation 8.75% | n/a | 1.46% |
| Royal Caribbean Group 11.5% | n/a | 1.41% |
| Vodafone Group plc 7% | n/a | 1.23% |
| FREEPORT-MCMORAN INC 5.45% | n/a | 1.17% |
| Newell Brands Inc. 4.7% | n/a | 1.14% |
| Intesa Sanpaolo S.p.A. 5.02% | n/a | 1.14% |
| Lumen Technologies Inc 8% | n/a | 0.87% |
| Deutsche Bank AG New York Branch 4.5% | n/a | 0.83% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 1, 2021 | $0.089107 | Apr 8, 2021 |
| Mar 1, 2021 | $0.0993 | Mar 5, 2021 |
| Feb 1, 2021 | $0.11 | Feb 5, 2021 |
| Dec 17, 2020 | $0.123 | Dec 23, 2020 |
| Dec 1, 2020 | $0.121 | Dec 7, 2020 |
| Nov 2, 2020 | $0.128 | Nov 6, 2020 |
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