ATLASiShares 20+ Year Treasury Bond ETF (TLT): outlook, holdings and fees
iShares 20+ Year Treasury Bond ETF (TLT) is an exchange-traded fund and is managed by iShares. The expense ratio is 0.14% and the yield is 5.00%. The ten largest holdings are 51% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on TLT
| Last price | $81.84 (+0.4%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 57% |
| Likely 1-month range (50%) | $80.51 – $84.06 |
| Normal 1-day range (±1σ) | ±0.7% |
| Distribution yield | 5.00% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
TLT fund facts
| Issuer | iShares |
|---|---|
| Theme | Long-term Treasuries |
| Assets under management | $48.7B |
| Expense ratio | 0.14% |
| Number of holdings | 9 |
| Portfolio turnover | 22% |
| Inception | Jul 22, 2002 |
| Exchange | NASDAQ |
The underlying index consists of publicly-issued U.S. Treasury securities that have a remaining maturity greater than twenty years and have $300 million or more of outstanding face value, excluding amounts held by the Federal Reserve System (the "Fed"). The fund will invest at least 80% of its assets in the component securities of the underlying index, and the fund will invest at least 90% of its assets in U.S. Treasury securities that manager believes will help the fund track the underlying index.
TLT top holdings
| Holding | Sector | Weight |
|---|---|---|
| United States Treasury Bonds 1.88% | – | 8.30% |
| United States Treasury Bonds 2.38% | – | 7.39% |
| United States Treasury Bonds 2.88% | – | 5.94% |
| United States Treasury Bonds 3.13% | – | 5.27% |
| United States Treasury Bonds 3% | – | 5.52% |
| United States Treasury Bonds 2% | – | 4.79% |
| United States Treasury Bonds 3.38% | – | 4.78% |
| United States Treasury Bonds | – | 4.78% |
| United States Treasury Bonds 2.5% | – | 4.41% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
TLT returns and risk
| Year to date | -7.7% |
|---|---|
| 1 year | -8.3% |
| 3 years (annualised) | +0.7% |
| 5 years (annualised) | -7.7% |
| 10 years (annualised) | -2.4% |
| Volatility (3 years) | 14.0% |
| Sharpe ratio (3 years) | -0.29 |
Past returns do not guarantee future results.
TLT: frequently asked questions
What does TLT invest in?
iShares 20+ Year Treasury Bond ETF invests in a portfolio of securities. Its largest holdings are United States Treasury Bonds 1.88% (8.3%), United States Treasury Bonds 2.38% (7.4%), United States Treasury Bonds 2.88% (5.9%), United States Treasury Bonds 3.13% (5.3%), United States Treasury Bonds 3% (5.5%).
What is the TLT expense ratio?
0.14% a year: about $14.00 for every $10,000 invested.
What is the TLT dividend yield?
5.00%. ATLAS does not hold the exact distribution dates for ETFs.
Will TLT go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 57%, with a likely range (50%) of $80.51 to $84.06 from $81.84 today. It is a probability, not a prediction.
How has TLT performed?
Year to date -7.7%, one year -8.3%, three years +0.7% a year, five years -7.7% a year. Past returns do not guarantee future results.
Educational information, not investment advice. Disclaimer