FALN
- iShares Fallen Angels USD Bond ETFKey Information
Earliest date | 2016-06-21 |
Exchange | NASDAQ |
Instrument Type | ETF |
MIC Code | XNMS |
Country | United States |
ETF Information
Fund Provider | BlackRock |
Index | US High Yield Fallen Angel 3% Capped |
Expense Ratio | 0.25% |
Number Of Holdings | 183 |
Inception Date | 2016-06-14 |
Asset Class | Bonds |
Currency | USD |
Listing | US-listed |
Sector | Financials |
Bond Type | High Yield Bonds |
Non-leveraged | Non-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.