iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Announces $0.14 Monthly Dividend

by · The Markets Daily

iShares Fallen Angels USD Bond ETF (NASDAQ:FALN – Get Free Report) declared a monthly dividend on Monday, August 31st. Shareholders of record on Tuesday, September 1st will be given a dividend of 0.1425 per share on Friday, September 4th. This represents a c) dividend on an annualized basis and a yield of 6.4%. The ex-dividend date is Tuesday, September 1st.

iShares Fallen Angels USD Bond ETF Trading Down 0.9%

NASDAQ FALN traded down $0.24 on Tuesday, hitting $26.77. The company’s stock had a trading volume of 661,179 shares, compared to its average volume of 1,079,456. iShares Fallen Angels USD Bond ETF has a 52-week low of $26.37 and a 52-week high of $27.79. The company’s 50-day simple moving average is $27.05 and its 200 day simple moving average is $27.07.

About iShares Fallen Angels USD Bond ETF

(Get Free Report)

The iShares Fallen Angels USD Bond ETF (FALN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value weighted index of bonds that were rated investment grade at issuance, but later downgraded to sub-investment grade. FALN was launched on Jun 14, 2016 and is managed by BlackRock.

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