FALN

iShares Fallen Angels USD Bond ETF

Bloomberg US HY F Angel 3% Capped TR USD

NAV as of 22-Sep-2023

25.0247

4 Week: 24.95 - 25.44

52 Week: 23.70 - 25.76

Latest Closing Price

25.00

Premium / Discount

0.25

Expense Ratio

0.25%

Investment Objective

The investment seeks to track the investment results of the Bloomberg US High Yield Fallen Angel 3% Capped Index composed of U.S. dollar-denominated, high yield corporate bonds that were previously rated investment grade. 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.

Main Fund Characteristics

Fund Manager:
iShares
Asset Under Management:
1,362,541,869
Launch Date:
13/06/2016
Asset Class:
Fixed Income
Replication Method:
Physical-Sample
Number of Holdings:
220
Trading Currency:
USD
Style:
Intermediate Term Low Quality
Region/Sector/Strategy:
N.A / N.A / N.A
Exchange:
NASDAQ

Performance

Period Performance Returns(%) Volatility(%) Risk Adjusted Performance
YTD1.380.443.16
1 Day-0.200.000.00
1 Week-1.310.75-1.75
1 Month-0.681.49-0.46
3 Months-0.282.99-0.09
6 Months1.094.390.25
1 Year3.238.650.37
2 Years-17.7113.15-1.35
3 Years-7.7713.92-0.56
5 Years-6.0625.30-0.24
10 Years0.000.000.00

Price History

-

Annual Performance Return

2013201420152016201720182019202020212022
Price (%) 0.00000.00000.00000.00009.2532-4.365716.640714.43255.7666-13.5889
Nav (%) 0.00000.00000.00000.00000.00000.00000.00000.00000.00000.0000
Rank 0.00000.00000.00000.00007.000086.00005.00001.000022.000092.0000

Dividend Frequency

Lastest Dividend

Ex Date Payment Date Dividend Payout per unit
31/08/202307/09/20230.1160
02/07/202309/07/20230.1121
31/05/202306/06/20230.1119
30/04/202304/05/20230.1139
02/04/202306/04/20230.1076
28/02/202306/03/20230.1106
31/01/202306/02/20230.1132
14/12/202220/12/20220.1055
30/11/202206/12/20220.1092
31/10/202206/11/20220.1364

Portfolio Data

Total Number of Holdings: 220

Number of Bond Holdings: 218

Number of Equity Holdings: 0

Total Market Value: 1,362,541,869

Portfolio Composition

Top 10 Holdings

% Portfolio Weight Shares Owned Shares Changed Market Value
1Vodafone Group plc 7%2.23612,800,00003,263,577
2Intesa Sanpaolo S.p.A. 5.02%2.03612,800,00002,971,663
3Sprint Capital Corporation 6.88%1.54512,000,00025,0002,255,072
4Deutsche Bank AG New York Branch 4.5%1.45872,175,000200,0002,128,922
5Sprint Capital Corporation 8.75%1.37541,610,00010,0002,007,277
6Deutsche Bank AG New York Branch 4.3%1.33892,025,00001,954,112
7Dresdner Funding Trust I 8.15%1.30731,400,00001,907,928
8Barclays PLC 4.84%1.26551,700,00001,846,945
9The Gap, Inc. 5.95%1.15951,625,00001,692,171
10Navient Corporation 5.5%1.11031,525,00001,620,457

Country Exposure

Regional Exposure

America

Greater Europe

Greater Asia

Market Classification

Market Capitalization

Size% of portfolio
Giant0.00
Large0.41
Medium0.00
Small0.00
Micro0.00

Equity Style Box Breakdown

000Large
000Mid
000Small
ValueBlendGrowth

Value Measures

Price/Prospective Earnings*

7.7101

Price/Book*

0.2860

Price/Sales*

0.8913

Price/Cash Flow*

0.0000

Dividend Yield*

1.0230

Growth Measures

Long-Term Earnings

18.3910

Historical Earnings

130.2238

Sales Growth

0.0000

Cash-Flow Growth

0.0000

Book-Value Growth

0.0000

*Forward-looking based on historical data.

Equity Sector

Number of Bond Holdings

218

Bond Statitics

DetailValue
Average Effective Duration4.80
Average Effective Maturity (Years)*7.50
Average Credit Quality14.00
Average Weighted Coupon*5.37
Average Weighted Price*89.57

Bond Style Box Breakdown

000HighQuality
000Med
000Low
LtdModExt
Interest-Rate Sensitivity

Credit Quality

Type% Bonds
AAA0.00
AA0.00
A0.00
BBB2.92
BB76.19
B15.93
Below B4.95
Not Rated0.00

Bond Sector

Type
% Bonds

Bond Maturity

% Bonds
1 to 3 Years25.37
3 to 5 Years19.91
5 to 7 Years12.55
7 to 10 Years10.13
10 to 15 Years14.36
15 to 20 Years4.39
20 to 30 Years7.56
Over 30 Years4.05
1 to 7 Days0.00
8 to 30 Days0.00
31 to 90 Days0.00
91 to 182 Days0.00
183 to 364 Days0.54

Data Source: Morningstar

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