iShares Fallen Angels USD Bond ETF
$FALN · BlackRock · tracks Bloomberg U.S. High Yield Fallen Angel 3% Capped Index · since 2016
Dividend yield
5.68%
Expense ratio
0.25%
Assets
$2.8B
About FALN
Invests in 'fallen angel' high-yield bonds — corporate bonds originally issued at investment grade that have since been downgraded to junk status. Research shows fallen angels historically outperform the broader high-yield market due to forced selling at downgrade and subsequent mean reversion.
Sector exposure
- Energy22.4%
- Consumer Discretionary16.8%
- Financials14.2%
- Industrials12.6%
- Communication11.4%
- Healthcare8.6%
- Materials7.4%
- Technology6.6%
How StockWorthy analyses FALN
ETFs hold companies rather than generating cash flow themselves, so FALN is assessed on cost, income and the valuation of what it owns: the expense ratio, the current yield against its own 5.12% long-run average, and a holdings-weighted P/E and growth rate built from the underlying positions. Figures are educational and not investment advice.
Sign in to see live pricing, yield history and the full holdings breakdown, or browse all ETFs.