NasdaqGM - Nasdaq Real Time Price USD

iShares Fallen Angels USD Bond ETF (FALN)

27.22 +0.07 (+0.24%)
As of 11:20 AM EDT. Market Open.

ETF Summary

The fund will invest at least 80% of its assets in the component securities of the underlying index, and the fund will invest at least 90% of its assets in fixed income securities of the types included in the underlying index. The index is designed to reflect the performance of U.S. dollar denominated, high yield corporate bonds that were previously rated investment grade.

ETF Overview

Category High Yield Bond
Fund Family iShares
Net Assets 1.86B
YTD Daily Total Return 7.78%
Yield 5.85%
Legal Type Exchange Traded Fund

ETF Operations

Attributes FALN Category Average
Annual Report Expense Ratio (net) 0.25% 0.90%
Holdings Turnover 26.00% 58.11%
Total Net Assets 116.29 116.29

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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