Proshares Short 20+ Year Treasury (TBF)
| Assets | $83.86M |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Shares Out | 3.45M |
| Dividend (ttm) | $1.14 |
| Dividend Yield | 4.65% |
| Ex-Dividend Date | Sep 25, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | +9.39% |
| Volume | 196,970 |
| Open | 24.52 |
| Previous Close | 24.63 |
| Day's Range | 24.39 - 24.57 |
| 52-Week Low | 21.56 |
| 52-Week High | 25.16 |
| Beta | -0.28 |
| Holdings | 9 |
| Inception Date | Aug 20, 2009 |
About TBF
Fund Home PageThe Proshares Short 20+ Year Treasury (TBF) is an exchange-traded fund that is based on the US Treasury 20+ Year index. The fund provides daily inverse exposure to a market-value-weighted index that tracks the performance of US Treasury securities with remaining maturities greater than 20 years. TBF was launched on Aug 20, 2009 and is issued by ProShares.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 25, 2024 | $0.252 | Oct 2, 2024 |
| Jun 26, 2024 | $0.314 | Jul 3, 2024 |
| Mar 20, 2024 | $0.173 | Mar 27, 2024 |
| Dec 20, 2023 | $0.398 | Dec 28, 2023 |
| Sep 20, 2023 | $0.216 | Sep 27, 2023 |
| Jun 21, 2023 | $0.284 | Jun 28, 2023 |
News
Rates Spark: ECB Presser Bear-Flattened The Curve
The ECB cut rates by 25bp as widely anticipated, but a slightly hawkish tilt bear flattened the EUR curve, which in our view remains priced aggressively. In the US, as the markets head towards the Fed...
Estimating The Impact Of Lower Rates On Bond Fund Dividends
It generally takes a few years for changes in Federal Reserve rates to fully impact bond fund dividends. Bond funds are still benefitting from prior rate hikes. Perhaps by enough to cancel out any fut...
TBF: Unemployment Down, Inflation Will Look Sticky On Tuesday
TBF may be useful as CPI data comes out next week which we expect to stoke fears of the stickiness of inflation. Leveraged ETFs have daily resetting returns and should be used over short durations due...
An Extremely Important Week Of Data; Understanding Technical Analysis
T-Bills yielding over 5%, changing sentiment and understanding market technicals. U.S. debt a significant concern, potentially limiting the market's growth.
Fed Focus, Loving + Hating Earnings Season, Bonds Competing With Stocks
The focus is on the Fed's actions and their impact on the market, especially after Middle East turmoil settles. The Magnificent Seven stocks are driving the majority of S&P 500 returns this year, with...
Rate Watching And Why The Bond Market Matters
The bond market and interest rates were the biggest news items of the week. The absolute level of the 10-year bond rate is causing havoc in various sectors, such as housing and commercial real estate.
Chart Watching + Does Stock Market History Rhyme, Repeat Or Not Matter That Much?
Matthew Tuttle is currently not holding any positions overnight due to the uncertain market environment. Rob Isbitts highlights the importance of paying attention to market history and the potential f...
Wall Street's Freaky Season, Trading Updates And China's Disappointing Data
China's disappointing economic data and a surprise rate cut from the Central Bank dampen market sentiment. Long-term resistance on the 10-year U.S. Treasury yield at 4.30% is a key level to watch.
TBF: Definitely Not The Time
TBF is a short play against the high maturity, low credit risk Treasury bonds. There isn't a strong argument anymore even in the long term for many further rate hikes.
The Near-Perfect Portfolio: Sleep Well During Turbulent Times
The stock market is inherently volatile. With the economy going through the boom and bust cycles more frequently, the extreme ups and downs of the market are inevitable. For most conservative investor...
How This Income Method Could Lead To Financial Freedom
We will go over our thesis as to how a diversified income method with low volatility could make you financially independent. We regularly write about multi-basket income strategies with an in-built he...
TBF: This Bond Bear's Best Friend Has Likely Run Its Course For Now
TBF ETF is an ideal way to capitalize if you believe the price of long-term Treasury Bonds is going down. This is the same thing as saying long-term interest rates are going up, which they have been a...
Final Trades: Biotech, Treasuries & more
The "Halftime Report" traders give their top picks to watch for the second half.
Final Trades: Financials, JPMorgan, Treasurys & more
The "Halftime Report" traders give their top picks to watch for the second half.
TBF: Inverse Bond Funds Still Have Room For Gains
Inverse bond funds have had a great year. Given inflation stays elevated, they still have room to rise.
TBF: Time To Think About Closing Short Treasury Trades
TBF is an ETF which is short long-dated bonds as reflected in the ICE U.S. Treasury 20+ Year Bond Index. 30-year rates have had a violent reset higher in 2022, closing in on their 2018 highs.
TBF: My Top Pick Among Inverse Bond ETFs To Hedge Against Fed Rate Hikes
The Federal Reserve will soon start raising the federal funds rate.
TBF: How To Trade A Hawkish Fed
TBF is an ETF which is short long dated bonds as reflected in the ICE U.S. Treasury 20+ Year Bond Index. TBF is a good vehicle to hedge a long duration technology portfolio for rising rates as the Fed...
Rates Outlook: Swap Spreads To See Widening Pressure
While there is upward pressure on market rates in 2022, it's not coming from higher net supply. In fact, lower net supply can help to richen government bonds. On top of that, we should see flatter cur...
Tapering Impact On Treasury Supply
At the November FOMC meeting, the Fed officially announced that it would begin tapering its bond purchase program, starting in mid-November. When the Fed began tapering its QE3 program over the course...
TBF: Another Way To Prepare For Rising Interest Rates
My recent article on Vanguard Short-Term Bond ETF touted it as bond strategy against rising interest rates as the ETF has a very short duration as opposed to TLT. Another strategy would be using Short...