iShares Fallen Angels USD Bond ETF (FALN)High Yield Bond | Exchange Traded Fund | NasdaqGM
25.68 USD
-0.14
(-0.542%) ⇩
(Oct. 16, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 10:02 a.m. EDT
The iShares Fallen Angels USD Bond ETF presents a classic defensive dilemma. On one hand, the 6.78% dividend yield offers substantial income, likely compensating for the credit risk inherent in 'fallen angel' bonds. However, the price action tells a different story: the fund is trading below its 50-day and 200-day moving averages, signaling persistent downward pressure that suggests the market is pricing in deteriorating credit fundamentals or a widening spread environment. The options data reinforces this bearish sentiment, with active put buying at the $27 level acting as a hedge against further declines while buyers remain on the sidelines. While the yield is attractive, the lack of price momentum and the defensive nature of the options flow suggest that capital preservation is the primary driver here, rather than a setup for a near-term rally. The asset appears to be in a holding pattern where the high yield offsets the risk of continued underperformance. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.011684 |
| AutoARIMA | 0.011685 |
| MSTL | 0.011710 |
| AutoTheta | 0.011745 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 62% |
| H-stat | 103.32 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.022 |
| Excess Kurtosis | 0.03 |
As of Oct. 10, 2026, 10:02 a.m. EDT: Speculators are positioning defensively with significant put volume at the $27 strike, indicating a fear of downside protection needs despite the asset trading near its 52-week low. Call interest is virtually non-existent, suggesting a lack of bullish conviction for a rebound in the near term.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.57% | 6.52% | 6.32% | 5.77% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-10-01 | 0.147 | 0.570431 |
| 2026-09-01 | 0.142 | 0.530445 |
| 2026-08-03 | 0.148 | 0.550903 |
| 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 |
| Attribute | Value |
|---|---|
| All Time High | 30.44 |
| All Time Low | 19.47 |
| Ask | 27.0 |
| Ask Size | 3 |
| Average Daily Volume10 Day | 1,016,520 |
| Average Daily Volume3 Month | 833,371 |
| Average Volume | 833,371 |
| Average Volume10Days | 1,016,520 |
| Beta3 Year | 0.86 |
| Bid | 26.91 |
| Bid Size | 3 |
| Category | High Yield Bond |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 25.7781 |
| Day Low | 25.6699 |
| Display Name | Fallen Angels USD Bond ETF |
| Dividend Date | 1,531,094,400 |
| Dividend Yield | 6.78 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 26.51318 |
| Fifty Day Average Change | -0.8331795 |
| Fifty Day Average Change Percent | -0.031425107 |
| Fifty Two Week Change Percent | -6.855279 |
| Fifty Two Week High | 27.77 |
| Fifty Two Week High Change | -2.0900002 |
| Fifty Two Week High Change Percent | -0.07526108 |
| Fifty Two Week Low | 25.61 |
| Fifty Two Week Low Change | 0.069999695 |
| Fifty Two Week Low Change Percent | 0.0027332953 |
| Fifty Two Week Range | 25.61 - 27.77 |
| First Trade Date Milliseconds | 1,466,515,800,000 |
| Five Year Average Return | 0.028275399 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -0.13500023 |
| Fullday Change Percent | -0.5228514 |
| Fullday Price | 25.68 |
| 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 | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_331463866 |
| Nav Price | 25.73088 |
| Net Assets | 1,562,612,990.0 |
| Net Expense Ratio | 0.25 |
| Open | 25.73 |
| Phone | 415-670-2000 |
| Previous Close | 25.82 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.13999939 |
| Regular Market Change Percent | -0.54221296 |
| Regular Market Day High | 25.7781 |
| Regular Market Day Low | 25.6699 |
| Regular Market Day Range | 25.6699 - 25.7781 |
| Regular Market Open | 25.73 |
| Regular Market Previous Close | 25.82 |
| Regular Market Price | 25.68 |
| Regular Market Time | 1,792,180,802 |
| Regular Market Volume | 1,059,818 |
| Short Name | iShares Fallen Angels USD Bond |
| Source Interval | 15 |
| Symbol | FALN |
| Three Year Average Return | 0.084773906 |
| Total Assets | 1,562,612,992 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -3.04441 |
| Trailing Three Month Returns | -3.04441 |
| Triggerable | 1 |
| Two Hundred Day Average | 26.98869 |
| Two Hundred Day Average Change | -1.3086891 |
| Two Hundred Day Average Change Percent | -0.048490282 |
| Type Disp | ETF |
| Volume | 1,059,818 |
| Yield | 0.0678 |
| Ytd Return | -0.70422 |