iShares 20+ Year Treasury Bond BuyWrite Strategy ETF

TLTW

Chicago Board Options ExchangeFixed-income ETF

Open in GoAI

$19.91

−$0.025 · -0.13%

At close: Oct 7, 4:00 PM ET

$19.90

−$0.01 · -0.05%

After hours · As of Oct 7, 6:37 PM ET

Regular session · ET · Market data may be delayed.

About this ETF

Fund website

The iShares 20+ Year Treasury Bond BuyWrite Strategy ETF aims to replicate the performance of an index that implements a dual investment strategy. This strategy involves holding positions in the iShares 20+ Year Treasury Bond ETF while simultaneously generating income through the routine sale of one-month covered call options on those underlying assets.

Asset class: Fixed income
Issuer: IShares
Domicile: US
Inception date: Aug 18, 2022
Holdings: 1
ISIN: US46436E3383

Key fund statistics

Assets under management: 1.64B USD
Expense ratio: 0.35%
NAV: $19.94
Volume: 2.27M
Average volume: 1.45M
Prior session close: $19.935

Fund facts updated Oct 8, 2026.

Day range

Current $19.91

$19.7299$19.945

52-week range

Current $19.91

$19.7299$24.08

Performance

1 month

-6.13%

3 months

-8.67%

Year to date

-12.17%

1 year

-14.51%

3 years

-29.02%

Since inception

-49.42%

Cumulative price changes exclude distributions and investor-specific taxes, trading costs, and cash flows.

Top holdings

RankHoldingIdentifierWeight

01TREASURY BOND 4.75% 05/15/2055912810UK2912810UK2+4.32%

02TREASURY BOND 4.63% 05/15/2054912810UA4912810UA4+4.13%

03TREASURY BOND (OLD) 5.00% 05/15/2056912810UU0912810UU0+4.06%

04TREASURY BOND 4.75% 11/15/2053912810TV0912810TV0+4.02%

05TREASURY BOND 4.25% 02/15/2054912810TX6912810TX6+3.92%

06TREASURY BOND 4.13% 08/15/2053912810TT5912810TT5+3.91%

07TREASURY BOND 4.63% 11/15/2055912810UP1912810UP1+3.89%

08TREASURY BOND 4.25% 08/15/2054912810UC0912810UC0+3.88%

09TREASURY BOND (2OLD) 4.75% 02/15/2056912810UR7912810UR7+3.87%

10TREASURY BOND 4.63% 02/15/2055912810UG1912810UG1+3.84%

11TREASURY BOND 4.50% 11/15/2054912810UE6912810UE6+3.83%

12TREASURY BOND 1.88% 11/15/2051912810TB4912810TB4+3.68%

13TREASURY BOND 4.75% 08/15/2055912810UM8912810UM8+3.45%

14TREASURY BOND 2.00% 08/15/2051912810SZ2912810SZ2+3.13%

15TREASURY BOND 3.63% 05/15/2053912810TR9912810TR9+3.12%

Showing 15 of 50 reported holdings

Holdings data updated Oct 8, 2026.

Exposure

Country exposure

Top 2

United States: 99.83%
Other: 0.17%

Distributions

Ex-dividend dateRecord datePayment dateAmount per share

Oct 2, 2026

Record date: Oct 2, 2026
Payment date: Oct 7, 2026

Oct 2, 2026

Oct 7, 2026

$0.2886

Monthly

Sep 2, 2026

Record date: Sep 2, 2026
Payment date: Sep 8, 2026

Sep 2, 2026

Sep 8, 2026

$0.1312

Monthly

Aug 4, 2026

Record date: Aug 4, 2026
Payment date: Aug 7, 2026

Aug 4, 2026

Aug 7, 2026

$0.1523

Monthly

Jul 2, 2026

Record date: Jul 2, 2026
Payment date: Jul 8, 2026

Jul 2, 2026

Jul 8, 2026

$0.1347

Monthly

Jun 2, 2026

Record date: Jun 2, 2026
Payment date: Jun 5, 2026

Jun 2, 2026

Jun 5, 2026

$0.2172

Monthly

May 4, 2026

Record date: May 4, 2026
Payment date: May 7, 2026

May 4, 2026

May 7, 2026

$0.1214

Monthly

Apr 2, 2026

Record date: Apr 2, 2026
Payment date: Apr 8, 2026

Apr 2, 2026

Apr 8, 2026

$0.2115

Monthly

Mar 3, 2026

Record date: Mar 3, 2026
Payment date: Mar 6, 2026

Mar 3, 2026

Mar 6, 2026

$0.204

Monthly

Feb 3, 2026

Record date: Feb 3, 2026
Payment date: Feb 6, 2026

Feb 3, 2026

Feb 6, 2026

$0.1742

Monthly

Dec 23, 2025

Record date: Dec 23, 2025
Payment date: Dec 29, 2025

Dec 23, 2025

Dec 29, 2025

$0.1869

Irregular

Amounts are shown per share in the ETF trading currency and adjusted for splits when the provider supplies an adjusted value; otherwise the reported amount is used.

TLTW news

seekingalpha.comSep 18, 2026

TLTW: Mandate Change Prompts A Downgrade

iShares 20+ Year Treasury Bond BuyWrite Strat ETF (TLTW) will change its mandate and name to 'iShares TLT Premium Income+ ETF' in October 2026. TLTW will shift from a rate-hedged covered call strategy to a pure income…

Read source

seekingalpha.comJul 30, 2026

TLTW: Covered Call Long-Term Treasury ETF, Too Risky On The Eve Of A Hiking Cycle

iShares 20+ Year Treasury Bond Buywrite Strategy ETF is a covered call long-term treasury ETF. The fund's covered calls boost its distribution yield to 11.2%, while capping upside potential. Downside remains unchanged,…

Read source

seekingalpha.comJul 8, 2026

TLTW: A Hefty Yield And Margin Of Safety Against Rising Rates

The iShares 20+ Year Treasury BuyWrite Strategy ETF is rated a strong buy, offering attractive yield and downside protection versus traditional long-duration Treasury ETFs. TLTW's covered call strategy enhances income…

Read source

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ETF data may be delayed, incomplete, or revised. Holdings and exposures change over time. Historical performance does not guarantee future results. This page is for informational and educational purposes only and does not constitute investment advice or a recommendation.

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iShares 20+ Year Treasury Bond BuyWrite Strategy ETF