iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW)
| Assets | $1.13B |
| Expense Ratio | 0.35% |
| PE Ratio | n/a |
| Shares Out | 47.75M |
| Dividend (ttm) | $3.54 |
| Dividend Yield | 14.80% |
| Ex-Dividend Date | Mar 4, 2025 |
| Payout Ratio | n/a |
| 1-Year Return | -10.49% |
| Volume | 438,547 |
| Open | 23.79 |
| Previous Close | 23.62 |
| Day's Range | 23.81 - 23.93 |
| 52-Week Low | 22.91 |
| 52-Week High | 27.39 |
| Beta | 0.65 |
| Holdings | 4 |
| Inception Date | Aug 18, 2022 |
About TLTW
Fund Home PageThe iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW) is an exchange-traded fund that is based on the CBOE TLT 2% OTM Buywrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares 20+ Year Treasury Bond ETF and writes one-month, out-of-the-money call options against the shares. TLTW was launched on Aug 18, 2022 and is issued by BlackRock.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 4, 2025 | $0.25883 | Mar 7, 2025 |
| Feb 4, 2025 | $0.38827 | Feb 7, 2025 |
| Dec 20, 2024 | $0.59303 | Dec 26, 2024 |
| Dec 3, 2024 | $0.3314 | Dec 6, 2024 |
| Nov 4, 2024 | $0.25238 | Nov 7, 2024 |
| Oct 2, 2024 | $0.20761 | Oct 7, 2024 |
News
TLTW: Long Bonds Might Be Under Pressure For A While (Rating Upgrade)
Long-term Treasury bonds have experienced significant drawdowns due to rising yields, driven by concerns over increasing U.S. debt and persistent inflation. TLTW, a buy-write ETF that holds TLT and se...
TLTW: DOGE Cuts May Benefit Bonds
The TLTW ETF has lost 9.0% in market value over the past year but earned enough premium income to achieve a modest 4.9% total return. The ETF's strategy of writing covered call options caps upside ret...
Instead Of TLTW, I Chose This Strategy For Better Leverage On TLT
TLTW, with its slightly OTM covered call strategy, performs better than LQDW or HYGW compared to its underlying ETF but has had a negative total return since its inception. While in the very short ter...
TLTW: Soft Landing And A Trading Range For Yields
TLTW has outperformed TLT, losing only 2% compared to TLT's 4.4% decline, thanks to its covered call strategy generating additional income. A trading range in long-term Treasury bonds, similar to the ...
TLTW: You Don't Need This Fund For Income
iShares 20+ Year Treasury Bond Buywrite Strategy ETF sells 2% OTM monthly calls on TLT, yielding up to 20%, but has seen a 40.84% decline since inception and a 12% loss in total returns. TLTW's rigid ...
TLTW: Bullish Bonds? Then Avoid TLTW
TLTW, a passively managed fund with a 0.35% expense ratio, writes one-month covered call options on TLT, boosting yield but capping gains. TLTW's TTM yield is 14.16%, significantly higher than TLT's 3...
TLTW: 15% Yield With Favorable Macro
iShares 20+ Year Treasury Bond Buywrite Strategy ETF buys TLT and sells call options, generating higher income but capping upside potential. TLTW has underperformed in price return but offers signific...
TLTW ETF: Maybe It's Time To Accumulate
TLTW's high yield (15.34%) and effective rolling method make it an attractive investment, despite potential risks from sudden TLT price increases. In my opinion, is a good time to accumulate TLTW as a...
TLTW: Covered Call ETF Focusing On Long-Term Treasuries, Strong 14.9% Yield, Risks Abound
TLTW invests in long-term treasuries and sells covered calls on its holdings. The fund's high duration and covered call strategy result in substantial income but also consistent capital losses and dis...
TLTW Makes Sense For Income And Rate Cut Speculation
Long-term Treasury bonds are performing well with the possibility of a rate cut cycle, making exposure to them beneficial. The iShares 20+ Year Treasury Bond BuyWrite Strategy ETF offers enhanced inco...
TLTW: Time To Go Long With Long Treasury ETFs
The TLTW ETF is a great way to get income (until it isn't), under the current rate conditions. TLTW features a 15.5% monthly dividend from its covered call selling, a very reliable income source due t...
Undercovered Dozen ETF Edition: China, Bitcoin, Cybersecurity, Motley Fool +
This ETF Edition highlights 12 less covered exchange-traded fund ideas on Seeking Alpha from June 1st - July 15th. ETFs in our first edition include Saba Closed-End Funds, iShares 20+ Year Treasury Bo...
TLTW: A Buy Until Recession Imminent
Major rallies in long-term Treasuries that cause TLTW's covered call strategy to underperform are rare. iShares 20+ Year Treasury Bond Buywrite Strategy ETF offers an attractive monthly distribution w...
Why I'm Fading The 11.58% Distribution Yield Of The TLTW ETF
iShares 20+ Year Treasury Bond Buywrite Strategy ETF offers exposure to 20-year treasury bonds and higher income through call options. The TLTW product captures volatility premium and coupons while gi...
TLTW: Covered Call ETF With 11% Yield Plus Upside Potential
Amid the popularity of covered call writing equity ETFs, TLTW, which does so with TLT as its base, is more intriguing to me currently.
TLTW: Not The Right Way To Trade Long Rates Or Volatility
The iShares 20+ Year Treasury Bond Buy-Write Strategy ETF has not performed well compared to TLT since long rates peaked in October 2020. As long rates moved lower from their October 2023 highs, TLT o...
TLTW Is For Speculators, Not Income Investors
"Investment products" offering double-digit yields, such as buy-write or option strategy ETFs, are almost always unsuitable for individual retired investors. The iShares 20+ Year Treasury Bond BuyWrit...
TLTW: Weakness Of Strategy On Full Display
TLTW's buy/write strategy has led to underperformance, with TLT returning 14% compared to TLTW's 5% since October. This is because TLTW's monthly returns are capped. Modeling long-term yields as short...
TLTW: Supercharged By High Volume Environment To 19.85% Yield
The iShares 20+ Year Treasury Bond BuyWrite Strategy ETF is designed to offer returns similar to holding 20-year treasury bonds while adding income through writing monthly call options. This strategy ...
January's 83 Monthly Paid Dividend Stocks And 80 Funds
Imagine stocks or funds that pay-out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst awaiting money is reduced by 300%, or more!. These Janu...
TLTW: Still Too Risky, Even With A 19.9% Yield
TLTW invests in long-term treasuries and sells covered calls on its holdings.
TLTW: Bond Volatility Should Ease In 2024
The iShares 20+ Year Treasury Bond BuyWrite Strategy ETF is a good option for investors seeking income from call option sales while sacrificing capital gains. TLTW has underperformed recently due to v...
These ETF strategies were big winners in 2023. Here's where one CFRA analyst sees them going next year.
Hello! This is MarketWatch reporter Isabel Wang bringing you this week's ETF Wrap. In this week's edition, we look at ETF strategies that have exploded in popularity in 2023, and whether they will con...
79 Monthly-Paying Dividend Stocks And 80 Funds For December
Imagine stocks or funds that pay out their dividends once a month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst awaiting money is reduced by 300% or more! These Decemb...
TLTW And The Issues With Buy-Write Strategies
iShares 20+ Year Treasury Bond BuyWrite Strategy ETF has an 18% yield, but it comes with risks associated with the buy-write strategy. The fund restricts participation in market gains above the strike...