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iShares 20+ Year Treasury Bond BuyWrite Strategy (TLTW)

Covered call / option income ETF · iShares (BlackRock) · BATS
$20.96 ▲ +0.22 (1.06%)
At close · USD · Volume 2,691,537
Returns and riskCostIncomeDividend historyHoldingsQuestions
52-week range
$19.73 – $24.08
Day's range
$20.85 – $20.99
1-year total return
−2.8%

TLTW price chart

Daily, split-corrected, distributions markedEnd-of-day prices

TLTW fund facts

FundiShares Trust - iShares 20+ Year Treasury Bond BuyWrite Strategy ETF
TickerTLTW · BATS
Issuer (by our rules)iShares (BlackRock)
Category (by our rules)Covered call / option income
Expense ratio0.35%
Holdings–
Net assets (fund, SEC)–
Yield (last 12 months)11.39%
DistributionsMonthly
52-week range$19.73 – $24.08
Average volume (3 months)1,688,877
First price in our data22 Aug 2022
Issuer and category are assigned by StocksXray rules from the fund name. Expense ratio and net assets come from SEC filings; where a fund does not file them (for example grantor trusts) the field stays empty.

Returns and risk

1 month
+0.6%
3 months
−0.1%
6 months
−2.3%
Year to date
−0.4%
1 year
−2.8%
3 years a year
+5.6%
5 years a year
n/a
10 years a year
n/a
Volatility (1 year)
8.4%
Largest drop, last year
−9.6%
Largest drop in our data
−18.6%
Total return includes distributions, from end-of-day prices adjusted for splits and distributions, to 22 Oct 2026. Periods of 3 years and longer are annualised and shown only when the fund's history is long enough. Volatility is the standard deviation of daily returns over the last year, annualised. Past performance does not guarantee future results.

Cost: expense ratio

0.35% a year

On $10,000 invested that is about $35 a year in fund costs, taken out of the fund's assets.

Source: the fund's prospectus, as filed with the SEC on 23 Feb 2026 (risk/return summary data). Brokerage commissions and the bid-ask spread are separate costs.

Income: distributions

Paid, last 12 months
2.39 USD
Yield on today's price
11.39%
Frequency
Monthly
Latest ex-date
2 Oct 2026

Option-income funds can pay part of a distribution as a return of capital, which lowers the cost basis rather than being income. The issuer's tax documents say how much; the yield alone does not show it.

Full TLTW dividend history →
Cash paid per current share (restated for share splits), before tax, from EODHD.

TLTW top holdings

We have no holdings for TLTW. Holdings come from Form N-PORT filed with the SEC; grantor trusts, unit investment trusts and notes do not file it, and we do not guess a portfolio.

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Funds of the same category, nearest in trading size. Similar does not mean equivalent: check holdings and costs.

TLTW: frequently asked questions

What is TLTW?

TLTW is the iShares 20+ Year Treasury Bond BuyWrite Strategy ETF, issued by iShares (BlackRock), listed on BATS. By our rules it is classed as "Covered call / option income".

What is the expense ratio of TLTW?

TLTW charges 0.35% a year, according to its prospectus filed with the SEC on 23 Feb 2026. On $10,000 that is about $35 a year in fund costs.

Does TLTW pay dividends?

Yes. TLTW paid 2.39 per share over the last 12 months, monthly, a trailing yield of 11.39% on today's price. The latest ex-dividend date was 2 Oct 2026. Option-income funds can pay part of a distribution as a return of capital; the issuer's tax documents say how much.

How has TLTW performed?

Total return including distributions to 22 Oct 2026: 1 year −2.8%, 3 years +5.6% a year. Past performance does not guarantee future results.

Where the numbers come from

Prices and distributions end-of-day data from EODHD; returns are our own calculations from it.
Expense ratio and holdings SEC filings (prospectus risk/return data and Form N-PORT).
Category, issuer and leverage assigned by StocksXray rules from the fund name.
X-Ray look-through our scores applied to the SEC holdings.
Read the methodology →

StocksXray is for education only and is not financial advice or a recommendation to buy or sell anything. Past performance does not guarantee future results; funds can lose value.