ETFs › FALN

iShares Fallen Angels USD Bond ETF (FALN)

high-yield fallen-angels fixed-income

FALN focuses on 'fallen angel' bonds - bonds that were investment grade at issuance but have since been downgraded to high yield. It offers potential for higher yields and capital appreciation if the issuer's credit improves. This ETF can be useful for investors seeking a unique approach to high-yield bond investing.

Key Info

AUM $2.5B
Expense Ratio 0.25%
Inception Date June 14, 2016
Distribution Frequency Monthly
Weighting Method Market Value
Number of Holdings 350
Tracking Index Bloomberg US High Yield Fallen Angel 3% Capped Index

See Also

ANGL HYLD SHYG

Last updated: September 7, 2024