iShares Fallen Angels USD Bond ETF Lists $0.1341 November Distribution

The iShares Fallen Angels USD Bond ETF (FALN) has a November distribution of $0.134125 per share. The fund’s schedule lists Nov. 2 as both the record date and ex-dividend date, with payment set for Nov. 5. Rounded to four decimal places, the distribution is $0.1341 per share. It is $0.013003 below the fund’s $0.147128 distribution payable Oct. 6, a decline of about 8.8%. The November payment is classified entirely as income. The distribution breakdown shows no short-term or long-term capital gains and no return of capital. FALN distributes monthly and seeks to track an index of U.S.

Source: TokenPost