iShares Fallen Angels USD Bond ETF

Frequently Asked Questions About FALN

What does FALN invest in?

The iShares Fallen Angels USD Bond ETF is designed to replicate the investment returns of an underlying benchmark. This benchmark is made up of corporate bonds denominated in U.S. dollars, which now offer high yields but were once considered investment-grade securities.

What is the expense ratio of FALN?

iShares Fallen Angels USD Bond ETF (FALN) charges an expense ratio of 0.25%. This is the annual fee deducted from fund assets to cover management and operations.

What is FALN's dividend yield?

FALN's trailing-twelve-month yield is 6.80%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of FALN?

Effective duration measures FALN's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FALN's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of FALN?

FALN's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of FALN?

Yield to maturity (YTM) is the total return you'd earn from FALN if every bond in the portfolio is held to maturity at the current price. FALN's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.