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

by · The Markets Daily

iShares Fallen Angels USD Bond ETF (NASDAQ:FALN – Get Free Report) declared a monthly dividend on Tuesday, March 31st, NASDAQ Dividends reports. Investors of record on Wednesday, April 1st will be paid a dividend of 0.142 per share on Tuesday, April 7th. This represents a c) dividend on an annualized basis and a yield of 6.4%. The ex-dividend date is Wednesday, April 1st.

iShares Fallen Angels USD Bond ETF Stock Up 0.0%

Shares of FALN traded up $0.01 during trading hours on Wednesday, hitting $26.73. The company had a trading volume of 2,329,250 shares, compared to its average volume of 1,307,643. The stock’s 50 day moving average price is $27.24 and its 200 day moving average price is $27.39. iShares Fallen Angels USD Bond ETF has a 52-week low of $24.82 and a 52-week high of $27.79.

iShares Fallen Angels USD Bond ETF Company Profile

(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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