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iShares Fallen Angels USD Bond ETF (FALN)

High Yield Bond | Exchange Traded Fund | NasdaqGM
27.01 USD -0.08 (-0.295%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★⯪☆
Hot Take | July 11, 2026, 3:41 a.m. EDT

The iShares Fallen Angels USD Bond ETF presents as a stable, income-focused holding rather than a dynamic investment opportunity. The fund offers a robust 6.41% dividend yield, which appears sustainable given the steady distribution history over the last five years, though it is not a high-growth yield. Fundamentally, the underlying assets are performing well; the nine-year price trajectory shows a modest net gain, and crucially, the most recent annual return was positive, avoiding the severe multi-year decline penalties that often drag down bond funds during rate hikes. However, the short-term outlook remains flat. Technical indicators show the price hovering near its 50-day average with negligible momentum, and the statistical forecast model predicts a negligible 0.47% move over the next 45 days with high confidence, reinforcing the view that significant price appreciation is unlikely in the near term. This is a classic 'bond proxy' play for income stability, not capital appreciation.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.005575
AutoETS0.005575
AutoTheta0.006169
MSTL0.006196

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 80%
H-stat 0.06
Ljung-Box p 0.000
Jarque-Bera p 0.256
Excess Kurtosis -0.06

As of July 11, 2026, 3:41 a.m. EDT: Options activity is sparse and lacks directional conviction. There is minimal open interest or volume in either calls or puts across expirations. The only notable positioning is a small amount of put open interest at the money for the September expiration, suggesting a slight defensive bias among speculators, but the overall lack of flow indicates the market is largely indifferent to immediate moves.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.52% 6.44% 6.28% 5.60%
Dividend History
Date Dividend Yield %
2026-07-01 0.141 0.519911
2026-06-01 0.149 0.551035
2026-05-01 0.152 0.562234
2026-04-01 0.142 0.531238
2026-03-02 0.151 0.551699
2026-02-02 0.147 0.535519
2025-12-19 0.147 0.539549
2025-12-01 0.145 0.529197
2025-11-03 0.151 0.552304
2025-10-01 0.144 0.519949
2025-09-02 0.142 0.523020
2025-08-01 0.142 0.528274
2025-07-01 0.133 0.492228
2025-06-02 0.143 0.541052
2025-05-01 0.154 0.589135
2025-04-01 0.141 0.528288
2025-03-03 0.137 0.508915
2025-02-03 0.143 0.531599
2024-12-18 0.137 0.514264
2024-12-02 0.137 0.504233
2024-11-01 0.141 0.528090
2024-10-01 0.139 0.509905
2024-09-03 0.135 0.501672
2024-08-01 0.139 0.521185
2024-07-01 0.138 0.530565
2024-06-03 0.141 0.534293
2024-05-01 0.133 0.508799
2024-04-01 0.169 0.635577
2024-03-01 0.134 0.505279
2024-02-01 0.122 0.456929
2023-12-14 0.132 0.500949
2023-12-01 0.122 0.470135
2023-11-01 0.113 0.460098
2023-10-02 0.121 0.493676
2023-09-01 0.116 0.457955
2023-08-01 0.145 0.573803
2023-07-03 0.112 0.443916
2023-06-01 0.112 0.449438
2023-05-01 0.114 0.458199
2023-04-03 0.108 0.429509
2023-03-01 0.111 0.447220
2023-02-01 0.113 0.439689
2022-12-15 0.106 0.425020
2022-12-01 0.109 0.437751
2022-11-01 0.136 0.564081
2022-10-03 0.103 0.427741
2022-09-01 0.103 0.411835
2022-08-01 0.112 0.436647
2022-07-01 0.097 0.392078
2022-06-01 0.099 0.376569
2022-05-02 0.096 0.366692
2022-04-01 0.104 0.376130
2022-03-01 0.096 0.342980
2022-02-01 0.089 0.309458
2021-12-16 0.088 0.295699
2021-12-01 0.077 0.261905
2021-11-01 0.081 0.270000
2021-10-01 0.083 0.276298
2021-09-01 0.077 0.254714
2021-08-02 0.078 0.260000
2021-07-01 0.075 0.250167
2021-06-01 0.080 0.271555
2021-05-03 0.080 0.271647
2021-04-01 0.089 0.304690
2021-03-01 0.099 0.336506
2021-02-01 0.110 0.375171
2020-12-17 0.123 0.421955
2020-12-01 0.121 0.419993
2020-11-02 0.128 0.466472
2020-10-01 0.130 0.476679
2020-09-01 0.127 0.456014
2020-08-03 0.131 0.474122
2020-07-01 0.130 0.495031
2020-06-01 0.119 0.461688
2020-05-01 0.131 0.536995
2020-04-01 0.131 0.597083
2020-03-02 0.121 0.451493
2020-02-03 0.122 0.448200
2019-12-19 0.090 0.332545
2019-12-02 0.125 0.471698
2019-11-01 0.126 0.473773
2019-10-01 0.118 0.443276
2019-09-03 0.120 0.450450
2019-08-01 0.126 0.474576
2019-07-01 0.121 0.456105
2019-06-03 0.121 0.468538
2019-05-01 0.121 0.458333
2019-04-01 0.124 0.472759
2019-03-01 0.130 0.499712
2019-02-01 0.128 0.500391
2018-12-18 0.130 0.525465
2018-12-03 0.121 0.478261
2018-11-01 0.134 0.520368
2018-10-01 0.126 0.476011
2018-09-04 0.119 0.451014
2018-08-01 0.124 0.470588
2018-07-02 0.123 0.470723
2018-06-01 0.125 0.474275
2018-05-01 0.116 0.440897
2018-04-02 0.111 0.421093
2018-03-01 0.108 0.406780
2018-02-01 0.120 0.437956
2017-12-21 0.092 0.338896
2017-12-01 0.459 1.675183
2017-11-01 0.130 0.469653
2017-10-02 0.136 0.492219
2017-09-01 0.137 0.497458
2017-08-01 0.133 0.483425
2017-07-03 0.135 0.495413
2017-06-01 0.134 0.488891
2017-05-01 0.133 0.484747
2017-04-03 0.135 0.494868
2017-03-01 0.136 0.494905
2017-02-01 0.137 0.503473
2016-12-22 0.077 0.288034
2016-12-01 0.213 0.802562
2016-11-01 0.140 0.527108
2016-10-03 0.155 0.579439
2016-09-01 0.172 0.649522
2016-08-01 0.191 0.735889
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendDate 2018-07-09
dividendYield 6.41

Info Dump

Attribute Value
All Time High 30.44
All Time Low 19.47
Ask 29.23
Ask Size 2
Average Daily Volume10 Day 797,530
Average Daily Volume3 Month 1,012,245
Average Volume 1,012,245
Average Volume10Days 797,530
Beta3 Year 0.8
Bid 24.9
Bid Size 2
Category High Yield Bond
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 27.08
Day Low 26.995
Dividend Date 1,531,094,400
Dividend Yield 6.41
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 27.0612
Fifty Day Average Change -0.056200027
Fifty Day Average Change Percent -0.0020767753
Fifty Two Week Change Percent 0.38918257
Fifty Two Week High 27.79
Fifty Two Week High Change -0.78500175
Fifty Two Week High Change Percent -0.028247634
Fifty Two Week Low 26.373
Fifty Two Week Low Change 0.63199997
Fifty Two Week Low Change Percent 0.023963902
Fifty Two Week Range 26.373 - 27.79
First Trade Date Milliseconds 1,466,515,800,000
Five Year Average Return 0.0348661
Full Exchange Name NasdaqGM
Fund Family iShares
Fund Inception Date 1,465,862,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business 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.
Long Name iShares Fallen Angels USD Bond ETF
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_331463866
Nav Price 27.05084
Net Assets 1,628,170,110.0
Net Expense Ratio 0.25
Open 27.13
Phone 415-670-2000
Pre Market Change 0.048698425
Pre Market Change Percent 0.18035585
Pre Market Price 27.05
Pre Market Time 1,784,016,833
Previous Close 27.085
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.07999992
Regular Market Change Percent -0.29536617
Regular Market Day High 27.08
Regular Market Day Low 26.995
Regular Market Day Range 26.995 - 27.08
Regular Market Open 27.13
Regular Market Previous Close 27.085
Regular Market Price 27.005
Regular Market Time 1,783,972,800
Regular Market Volume 405,228
Short Name iShares Fallen Angels USD Bond
Source Interval 15
Symbol FALN
Three Year Average Return 0.084606
Total Assets 1,628,170,112
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 3.78325
Trailing Three Month Returns 3.78325
Triggerable 1
Two Hundred Day Average 27.272804
Two Hundred Day Average Change -0.2678051
Two Hundred Day Average Change Percent -0.009819493
Type Disp ETF
Volume 405,228
Yield 0.0641
Ytd Return 2.41367