iShares Fallen Angels USD Bond ETF (FALN) to Distribute Monthly Dividend of $0.14 on July 7th

iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) declared a monthly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Stockholders of record on Wednesday, July 1st will be paid a dividend of 0.141 per share on Tuesday, July 7th. This represents a c) annualized dividend and a dividend yield of 6.2%. The ex-dividend date is Wednesday, July 1st.

iShares Fallen Angels USD Bond ETF Stock Down 0.4%

NASDAQ FALN opened at $27.12 on Thursday. iShares Fallen Angels USD Bond ETF has a twelve month low of $26.37 and a twelve month high of $27.79. The business has a 50-day moving average price of $27.07 and a 200-day moving average price of $27.19.

About iShares Fallen Angels USD Bond ETF

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.