iShares 10-20 Year Treasury Bond ETF (TLH)
NYSEARCA: TLH · Real-Time Price · USD
104.80
-0.56 (-0.53%)
At close: Oct 23, 2025, 4:00 PM EDT
104.81
+0.01 (0.01%)
After-hours: Oct 23, 2025, 4:25 PM EDT
-0.53%
Assets$12.95B
Expense Ratio0.15%
PE Ration/a
Shares Out123.50M
Dividend (ttm)$4.21
Dividend Yield4.01%
Ex-Dividend DateOct 1, 2025
Payout FrequencyMonthly
Payout Ration/a
Volume1,032,958
Open104.93
Previous Close105.36
Day's Range104.69 - 105.08
52-Week Low96.74
52-Week High106.83
Beta0.44
Holdings66
Inception DateJan 5, 2007

About TLH

Fund Home Page

The iShares 10-20 Year Treasury Bond ETF (TLH) is an exchange-traded fund that is based on the ICE US Treasury 10-20 Year Bond index. The fund tracks a market-weighted index of debt issued by the U.S. Treasury TLH was launched on Jan 5, 2007 and is issued by BlackRock.

Asset Class Fixed Income
Category Long Government
Region North America
Stock Exchange NYSEARCA
Ticker Symbol TLH
ETF Provider BlackRock
Index Tracked ICE US Treasury 10-20 Year Bond Index

Dividends

Ex-DividendAmountPay Date
Oct 1, 2025$0.34559Oct 6, 2025
Sep 2, 2025$0.37251Sep 5, 2025
Aug 1, 2025$0.37729Aug 6, 2025
Jul 1, 2025$0.35961Jul 7, 2025
Jun 2, 2025$0.34625Jun 5, 2025
May 1, 2025$0.35615May 6, 2025
Full Dividend History

Performance

TLH had a total return of 5.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.14%.

News

TLH: Backing Away From Duration Bets

iShares 10-20 Year Treasury Bond ETF faces limited upside as long-term rates may remain elevated due to structural inflation and dollar concerns. TLH's high duration makes it sensitive to Fed rate dec...

9 days ago - Seeking Alpha

Bonds Rally On Weak Payrolls Data

The bond market looks increasingly focused on slowing economic growth vs. tariff inflation.

2 months ago - Seeking Alpha

TLH Becomes The Core Of A Portfolio Thanks To Trump

iShares 10-20 Year Treasury Bond offers an attractive balance between yield and duration. Despite trade war fears and rising inflation, TLH's real yield remains competitive. It's a contradiction, but ...

3 months ago - Seeking Alpha

TLH: Various Key Rates Are Compelling

We've identified numerous key rates between the 10 and 20 year region as compelling, despite interim supply/demand imbalances remaining. The iShares 10-20 Year Treasury Bond ETF isolates that part of ...

4 months ago - Seeking Alpha

Most U.S. Treasury Prices Slide Since 'Liberation Day'

In recent days, a new headwind is weighing on fixed income securities: a US government budget bill, which is expected to significantly raise an already hefty federal deficit in the years ahead. Long-t...

5 months ago - Seeking Alpha

TLH And PGX: A Mean Reversion At Its Best

Market volatility presents both risks and opportunities, emphasizing the importance of timing over price action for successful trading and investing. Pair trades with sound financial logic, like long ...

Other symbols: PGX
7 months ago - Seeking Alpha

TLH: This Treasury Market Discrepancy Will Make You Reevaluate Its Potential

TLH: This Treasury Market Discrepancy Will Make You Reevaluate Its Potential

10 months ago - Seeking Alpha

TLH: Upside Risk On Oil And Rates

The iShares 10-20 Year Treasury Bond ETF (TLH) is a high duration exposure, making it sensitive to changes in expectations and actualities around benchmark yields. Rising oil prices from recent weaker...

1 year ago - Seeking Alpha

TLH: Significant Capital Appreciation Possible

TLH invests in mid to long-term U.S. treasuries and benefits from a declining inflation environment, which supports a buy rating. Inflation has cooled from 9.1% in June 2022 to 2.4% in August 2024, op...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

TLH: Inflation Highly Likely To Stay High, Save Commercial Real Estate Threat

Inflation and interest rates are remaining high. Inflation is not really going down, and inflation expectations are going to make the figure resistant to decline. We aren't even seeing unemployment ki...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

Live And Let Bond (Prices Move)

With an inverted yield curve and a lackluster start for the year for stocks, it is a good time to check whether we are swimming naked. The article provides a simple clear-cut explanation of the bond m...

Other symbols: SGOV
1 year ago - Seeking Alpha

U.S. Treasury bond rout deepens as popular fixed-income ETFs touch decade-plus lows

The iShares 20+ Year Treasury Bond ETF continued to decline on Wednesday, dropping to another round of 16-year lows as U.S. Treasurys saw renewed selling.

Other symbols: AGGIEFTLT
2 years ago - Market Watch

TLH: Duration Still Dangerous

The TLH is a duration bet that may not be favorable in the current interest rate environment. We believe higher rates will be needed in 2024 and even 2025, in order to impact inflation through the cor...

2 years ago - Seeking Alpha

Why Wells Fargo sees potentially ‘good entry points' in long-term bonds after yield surge

Long-term bonds look appealing to Wells Fargo Investment Institute after they were hurt by a surge in yields.

Other symbols: TLT
2 years ago - Market Watch

ETFs that buy long-term Treasury bonds drop sharply after Fed signals higher for longer rates

Exchange-traded funds that invest in long-term Treasury bonds are dropping Thursday, as yields continued their march higher in the wake of the Federal Reserve's meeting on monetary policy.

Other symbols: SGOVSHYTLTVGLT
2 years ago - Market Watch

Bank Loans And Junk Bonds Are Having A Good Year

Fixed-income investors looking for interest rate cuts from the Federal Reserve are still waiting, but that hasn't stopped low-rated bonds from posting strong gains in 2023. Bond investors hoping for e...

2 years ago - Seeking Alpha

Long-term Treasury bond ETFs fall as Goldman Sachs forecasts rate cuts in 2024

Shares of exchange-traded funds that buy U.S. Treasury bonds with long-term maturities fell Monday, after three straight weeks of declines, as Goldman Sachs Group analysts forecast the Federal Reserve...

Other symbols: TLTVGLT
2 years ago - Market Watch

TLH: The Bigger Changes In Long-Term Rates Could Still Happen

TLH is a long-duration bet in a risky environment for long-duration plays. Long-term rates are in flux, and it concerns how difficult the last leg of inflation will be to achieve. Signs like last year...

2 years ago - Seeking Alpha

Here are ETF themes and categories investors may want to consider in the second half of 2023

Hello! This is markets reporter Isabel Wang bringing you this week's ETF Wrap. In this week's edition, I spoke with CFRA's Aniket Ullal, head of ETF data and analytics, about thematic ETF ideas and in...

2 years ago - Market Watch

Treasury-bond ETFs fall after inflation report as investors brace for Fed decision

Exchange-traded funds that invest in Treasury bonds fell Tuesday after the May inflation report, as the market anticipated the Federal Reserve may continue hiking interest rates after a June pause.

Other symbols: BNDHYGIEFJNKLQDSHYTLT
2 years ago - Market Watch

TLH: Federal Reserve Cuts Priced Into Bonds, Will You Still Make Money?

TLH holds treasury bonds in the 10-20 year range. For leaving the safety of shorter-term yields, you get the double penalty of lower yields and higher risk.

2 years ago - Seeking Alpha

Navigating The Treasury Bonds Renaissance: TLH And The Path To Profitable Returns

I am bullish on Treasuries at the 3.8-4% level on the 10-year. TLH presents an attractive proposition after its +20% drawdown since late 2021 and amid deteriorating economic conditions.

2 years ago - Seeking Alpha

TLH: Time To Accumulate But Patience Required

TLH owns a portfolio of U.S. treasuries with an average maturity year of 17.4 years. If inflation can cool down quickly, investors will benefit not only from interest income but also from capital appr...

2 years ago - Seeking Alpha

U.S. Weekly FundFlows Insight Report: Conventional Municipal Bond Funds Record Sixth Straight Weekly Inflow

During Refinitiv Lipper's fund flows week that ended February 13, 2023, investors were overall net purchasers of fund assets for the first week in three, adding a net of $5.6 billion. Exchange-traded ...

2 years ago - Seeking Alpha

Still Might Be Early For TLH

Powell spoke on Wednesday, and markets had mixed feelings on what he had to say. Still, markets are getting more excited about duration now that the back of inflation seems like it's breaking.

3 years ago - Seeking Alpha

‘They can actually derisk their portfolios': Here's where BlackRock is seeing iShares bond ETFs garner inflows amid climbing bond yields

Hello! In this week's ETF Wrap, I spoke with BlackRock's U.S. head of bond ETFs, Steve Laipply, and also caught up with Invesco's John Hoffman, the firm's head of ETFs and indexed strategies for the A...

3 years ago - Market Watch

One-Way Bonds

2022 has been the year with no safety in US Treasuries, with painful and persistent declines. With the BofA 10+ Year US Treasury Index already down 7% this month, September will be the eighth month th...

Other symbols: SPTLTLTVGLT
3 years ago - Seeking Alpha

TLH Got Pounded By Rate Hikes, But Likely Not Enough

TLH contains bonds that are much longer term in maturity, and therefore have very long durations. While they're treasury bonds and have no credit risk, as rates rise, duration will take its toll heavi...

3 years ago - Seeking Alpha

Rates Spark: Bank Of England Vs. The Market

UK rates haven't had a chance to fully digest the Bank of England's statement yesterday. We think hike expectations will persist, but there are other areas where the BoE and Treasury can restore confi...

3 years ago - Seeking Alpha

ECB May Limit Hikes As Recession Nears

Europe is facing the risk of an energy shock-driven recession and periphery stress. That's why we think the ECB will stop hiking earlier than the Fed.

3 years ago - Seeking Alpha

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...

4 years ago - Seeking Alpha

Inflation-Indexed Treasuries Lead U.S. Bond Market Returns In 2021

With less than four weeks left to the trading year, TIPS are on track to capture the lead for US bond-market performance in 2021, based on a set of ETFs through Dec. 6's close. Short-term Treasury Inf...

4 years ago - Seeking Alpha

Mind The Bond Market

The deficit spending that supported the economy in 2020 is showing up in hot inflation numbers in 2021. While I think the inflation numbers will get better in 2022, I do not believe they will get back...

4 years ago - Seeking Alpha

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...

4 years ago - Seeking Alpha

Inflation Expectations Come Unanchored

Inflation expectation is a key metric the Fed watches closely. Housing costs - based on different measures of rents - account for one-third of CPI.

4 years ago - Seeking Alpha

Rates Spark: The Long Way Up

Higher rates are ongoing, but we wouldn't blame it on the, very moderate in our view, central bank tone. Improving economic data after the Covid 19-induced soft patch is a more credible, and durable, ...

4 years ago - Seeking Alpha

Federal Reserve Watch: Fed Keeps Reserves Into Commercial Banks

The commercial banking system now maintains the largest amount of reserve balances it has ever held, thanks to the effort of the Federal Reserve System. Because of this liquidity in the banks, short-t...

4 years ago - Seeking Alpha

Volatility Despite Good EU Numbers - This Is How I Invest

I don't often write articles on the general economy or macro. However, for the past five weeks, I've gotten requests and messages to talk about what numbers and trends indicate. Given that I'm a EU in...

4 years ago - Seeking Alpha

New Positions Are Warranted, But Defensive Sector Strength Signals Modest Caution (The ETF Trader And Investor For The Week Of 10/5-10/9)

The general trend during the last month is that treasuries are modestly lower and equity indexes are higher.

Other symbols: IEFIJHIWCIWMQQQSPYTLT
5 years ago - Seeking Alpha

Gold Is Still The New Fixed Income

Gold Is Still The New Fixed Income

Other symbols: FNVGLDIEFIEISGOLSHYSLV
5 years ago - Seeking Alpha

Taking The Measure Of Your Bond Hedge

Taking The Measure Of Your Bond Hedge

Other symbols: IEFIEISHYTLT
6 years ago - Seeking Alpha

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