PortfolioMetrics

FALN

- iShares Fallen Angels USD Bond ETF

Key Information

Earliest date2016-06-21
ExchangeNASDAQ
Instrument TypeETF
MIC CodeXNMS
CountryUnited States

ETF Information

Fund ProviderBlackRock
IndexUS High Yield Fallen Angel 3% Capped
Expense Ratio0.25%
Number Of Holdings183
Inception Date2016-06-14
Asset ClassBonds
CurrencyUSD
ListingUS-listed
SectorFinancials
Bond TypeHigh Yield Bonds
Non-leveragedNon-leveraged

About FALN

The iShares Fallen Angels USD Bond ETF is a fixed income fund that invests in high-yield bonds, also known as 'fallen angels', which are bonds that were previously investment-grade but have since been downgraded to high-yield status. The fund aims to provide income and capital growth by tracking the US High Yield Fallen Angel 3% Capped Index.