iShares Fallen Angels USD Bond ETF ( FALN) Stock. Should you Buy or Sell? $ 25.33
0.04 (0.16 %)
iShares Fallen Angels USD Bond ETF AnalysisUpdated on 10-09-2022
|Volume Avg.||$1.46 M|
|Market Cap||$75.58 M|
|52 Week Range||$24.225 - $30.44|
iShares Fallen Angels USD Bond ETF opened the day at $25.33 which is +'0.16 % on yesterday's close. iShares Fallen Angels USD Bond ETF has a 52 week high of $30.44 and 52 week low of $24.225, which is a difference of $6.215. We like to see positive, upward trending shares, preferably with momentum. Market capitalization is $75.58 M and total net profit is $0 which means the company is trading at inf times profit to market capitalization. Theoretically, if you were to buy iShares Fallen Angels USD Bond ETF for $75.58 M, it would take 15 years to get your money back. iShares Fallen Angels USD Bond ETF are in the space which will have a sweet spot and industry standard for net profit multiples.
iShares Fallen Angels USD Bond ETF Stock Forecast - Is iShares Fallen Angels USD Bond ETF a Buy or Sell?
Growth and Value
|Net Profit Margin||0.000|
Valuing iShares Fallen Angels USD Bond ETF
|Price Book Value Ratio||0.000||Price To Book Ratio||0.000|
|Price To Sales Ratio||0.000||Price Earnings Ratio||0.000|
How liquid is iShares Fallen Angels USD Bond ETF
|Debt Ratio||0.000||Debt Equity Ratio||0.000|
|Long Term Debt To Capitalization||0.000||Total Debt To Capitalization||0.000|
Latest news about iShares Fallen Angels USD Bond ETF
Fallen angel junk bonds are now offering a nearly 7% SEC yield. Many investors dislike junk bonds, but I believe that there are many compelling reasons to include them as a part of a diversified portfolio.
You can easily diversify your nest egg with ETFs.
The high-yield corporate bond market is finally living up to its name and trading at attractive yields. However, recession estimates are creeping higher, making an all-in jump into high-yield corporate bonds a difficult choice for more conservative investors.
The FALN ETF invests in high-yield corporate bonds that have been downgraded from a previous investment-grade rating. The "fallen angels" strategy has an impressive long-term history of outperforming the broader high-yield bond market.
Investors favored these funds during a wild year.
About iShares Fallen Angels USD Bond ETF
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.