iShares 20+ Year Treasury Bond ETF (TLT)
| Assets | $47.56B |
| Expense Ratio | 0.15% |
| PE Ratio | n/a |
| Shares Out | 551.00M |
| Dividend (ttm) | $3.85 |
| Dividend Yield | 4.42% |
| Ex-Dividend Date | Aug 1, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | 85.53% |
| Volume | 49,871,851 |
| Open | 86.83 |
| Previous Close | 86.41 |
| Day's Range | 86.72 - 87.30 |
| 52-Week Low | 83.30 |
| 52-Week High | 101.64 |
| Beta | 0.47 |
| Holdings | 45 |
| Inception Date | Jul 22, 2002 |
About TLT
Fund Home PageThe iShares 20+ Year Treasury Bond ETF (TLT) is an exchange-traded fund that is based on the US Treasury 20+ Year index. The fund tracks a market-weighted index of debt issued by the US Treasury with remaining maturities of 20 years or more. TLT was launched on Jul 22, 2002 and is issued by BlackRock.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 1, 2025 | $0.3308 | Aug 6, 2025 |
| Jul 1, 2025 | $0.3283 | Jul 7, 2025 |
| Jun 2, 2025 | $0.31953 | Jun 5, 2025 |
| May 1, 2025 | $0.32761 | May 6, 2025 |
| Apr 1, 2025 | $0.32558 | Apr 4, 2025 |
| Mar 3, 2025 | $0.28982 | Mar 6, 2025 |
Performance
TLT had a total return of -8.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.69%.
News
Credit Spreads At Historical Lows, TLT Vs. VCLT
TLT and VCLT historically move together with ~90% correlation. Recently, a clear divergence has opened, with VCLT outperforming. Such market dislocations are rarely permanent and tend to revert.
Bond ETFs Outshine Equities In Weekly Flows As Rate Cut Bets Build
U.S.-listed ETFs attracted nearly $19 billion during the week ended Aug. 8, with fixed income approaches decisively leading investor allocations, according to data from Etf.com.
Funds Only Portfolio: Potentially $6,000 Per Month Income
A diversified, funds-only portfolio can deliver reliable 6-7% income and market-matching growth, ideal for retirees seeking simplicity and peace of mind. Asset allocation spans dividend growth, bonds,...
TLT: Rate Expectations Down And Yields Up? It's All About The Term Premium
The TLT tracks the performance of long-term Treasury bonds, which appear to be losing their safe haven status. Recent weakness reflects the rising term premium owing to increased uncertainty over long...
TLT: Trump Is Right About Interest Rates, So It's Time To Back Up The Truck
I see TLT's current price and nearly 5% yield as an attractive buying opportunity with limited long-term risk, despite concerns about U.S. debt. Lower interest rates are likely coming soon, either fro...
SGOV & TLT: A Tale Of Two ETFs And The Duration Trade
The highly anticipated 'duration trade' in long bonds like TLT has underperformed despite the Fed lowering rates by 100bp since their peak. TLT's price hasn't rebounded as expected because its yield h...
What Recent CEF Distribution Cuts Mean, And Why I'm Not Concerned
Diversification across bonds, senior loans, and CLOs is key to managing interest rate and credit risks in fixed-income portfolios. Market timing is extremely difficult; a balanced mix of fixed and flo...
TLT: Staying Bullish After Its Latest Surge
We see the fiscal risk premium as being priced in and think the iShares 20+ Year Treasury Bond ETF can tap into lucrative longer-term key rates. Our short-term forecast for the yield curve is bullish ...
The Big 3: TLT, ZM, INTC
Don Kaufman is bearish on the TLT ETF and Zoom Communications (ZM), but bullish on Intel (INTC) as the company prepares to restructure its manufacturing headcount. For his bearish TLT trade, Don cites...
Final Trade: RDDT, DELL, TLT, EQT
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
While TLTW Crawled, Our TLT Strategy Sprinted
Buy-write ETFs like TLTW offer high yields but ugly mid-to-long term total returns due to rigid covered Call strategies, especially during volatile markets. I'm neutral to slightly bullish on TLT mid-...
TLT: 5% Yield Now Outpaces Equity Earnings Yield, With Higher Term Premium Embedded
TLT's recent sharp selloff has priced in some fiscal deficit concerns, with 2-20 yield spread widening to 100 bps, indicating the current yield has embedded higher term premium. TLT has reached a 5% y...
Final Trade: AAPL, NVO, TLT, X
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
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...
TLT: Doubling Down On Our Bullish Outlook
A fundamental analysis paired with a modelling process suggests longer-term yields remain overzealous. We think iShares 20+ Year Treasury Bond ETF can benefit if the market wakes up to the realities o...
Trade Tracker: Joe Terranova sells his entire TLT position
Joe Terranova, senior managing director at Virtus Investment Partners, joins CNBC's 'Halftime Report' to explain why he's getting out of the TLT.
TLT Vs. VCTL: Yield Spread Is Near 10-Year Low
The dividend yield spread between Vanguard Long-Term Corporate Bond Index Fund ETF Shares and iShares 20+ Year Treasury Bond ETF is currently near a 10-year low. This signals an unusually unfavorable ...
The Big 3: NKE, CAT, TLT
@Theotrade's Don Kaufman believes a bullish turnaround is in store for Nike (NKE) as a potential bottom forms in the stock. He's also bullish on the iShares 20+ year Treasury Bond ETF (TLT) on anticip...
The Big 3: TLT, TTD, HON
@ProsperTradingAcademy's Scott Bauer kicks off today's Big 3 by turning to the iShares 20+ Year Treasury Bond ETF (TLT) on expectations of the Fed's meeting serving as a potential mover. Scott also be...
Fixed-Income Annual Returns And Falling Crude Oil Prices
Crude oil was down 4% Sunday night, as OPEC once again announced a production increase, a move by OPEC that will eventually help US inflation, and give the Fed another reason to lower the fed funds ra...
The Big 3: LULU, TLT, TGT
@Theotrade's Don Kaufman remains bearish on many stocks. He explains why he's turning to bearish options trades in Lululemon (LULU) and Target (TGT).
2 CEFs That Can Benefit From Fed Keeping Its Target Rate Higher
The volatile market environment due to the trade war can create opportunities for long-term investors, especially in closed-end funds (CEFs). First Trust High Yield Opportunities 2027 Term Fund (FTHY)...
TLT: Inflation Sparks A Unique, Huge Upside Play - Low-Risk, But Fleeting
With today's interest rate and inflation setup, historical patterns suggest TLT could soar over 50% from current levels. But there's a catch - one popular indicator might lead investors astray. On the...
ZROZ Vs. TLT: One Has More Juice To Squeeze
The article examines the future of interest rates post Trump re-focus on Jerome Powell and the FED rate. PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange and iShares 20+ Year Treasury Bond ETF ...