(FALN) Fallen Angels USD Bond - Overview
Etf: Bond, High-Yield, Dollar, Corporate, Investment-Grade
Dividends
| Dividend Yield | 6.92% |
| Yield on Cost 5y | 7.60% |
| Yield CAGR 5y | 14.03% |
| Payout Consistency | 93.8% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 3.76% |
| Relative Tail Risk | -2.34% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.62 |
| Alpha | 0.76 |
| Character TTM | |
|---|---|
| Beta | 0.279 |
| Beta Downside | 0.302 |
| Drawdowns 3y | |
|---|---|
| Max DD | 5.92% |
| CAGR/Max DD | 1.59 |
Description: FALN Fallen Angels USD Bond January 16, 2026
The iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) commits at least 80% of its assets to the securities that compose its benchmark index and at least 90% to U.S. dollar-denominated high-yield corporate bonds that were formerly rated investment-grade.
As of the most recent data (Q4 2025), the fund’s weighted-average yield sits around 7.2%, with a modified duration of roughly 4.5 years, indicating moderate interest-rate sensitivity. Credit spreads over Treasuries have widened by about 150 basis points since early 2024, reflecting heightened default risk in the “fallen-angel” segment. The portfolio is heavily weighted toward the energy and industrial sectors, which are especially sensitive to commodity price volatility and cyclical economic activity.
For a deeper, data-driven dive into FALN’s risk-return profile and how it fits into a broader high-yield strategy, you may find the analytics on ValueRay worth exploring.
What is the price of FALN shares?
Over the past week, the price has changed by +0.10%, over one month by +0.54%, over three months by +2.13% and over the past year by +8.23%.
Is FALN a buy, sell or hold?
What are the forecasts/targets for the FALN price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 31.2 | 13.8% |
FALN Fundamental Data Overview February 05, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 1.86b USD (1.86b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 1.86b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 1.86b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.94% (E(1.86b)/V(1.86b) * Re(6.94%) + (debt-free company))
Discount Rate = 6.94% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)