iShares 20+ Year Treasury Bond ETF (TLT) ETF Price, Holdings & Analysis

What TLT does

iShares 20+ Year Treasury Bond ETF (TLT) is an exchange-traded fund listed on NASDAQ that aims to track the performance of U.S. Treasury bonds with a maturity of 20 years or more. It is part of the iShares fund family and provides exposure to long-duration government debt, making it a common tool for investors looking to gain bond-market exposure or to hedge interest-rate risk within a broader portfolio.

Key numbers explained

• Price: 80.46 USD — the current market price per share; for bond ETFs, this reflects the market value of the underlying bonds and can move independently from the bond's face value.
• Price change today: -1.58% — the intraday percentage move, showing how much the share price has fallen on the current trading day.
• Forward P/E ratio (on expected earnings): -4,023 — a negative and extreme P/E ratio indicates the fund has negligible or negative expected earnings relative to its price, which is typical for bond funds that primarily hold interest-bearing securities.
• Dividend yield: 2.63% — the dividend yield shows the annual income the fund distributes as a percentage of its current price, sourced mainly from coupon payments on the underlying Treasury bonds.
• 52-week range: 80.23 – 92.19 — the lowest and highest prices over the past year, illustrating the share-price volatility driven by interest-rate and market movements.
• Fund assets: 47.05B USD — the total value of assets the fund manages, indicating its scale and liquidity.
• Fund inception: Jul 22, 2002 — the date the fund was launched, showing a long track record for this type of fixed-income ETF.

Recent news

Recent headlines cover a broad range of ETF and bond-market themes, from a general look at expert market commentary to discussions of leveraged ETFs and the bond market's steepening. The titles also reference record ETF inflows and the Federal Reserve's limited ability to stop a bond selloff, reflecting a period of active debate around interest rates and fixed-income positioning.

What to watch

Investors typically monitor interest-rate decisions and yield-curve movements, as long-duration bond ETFs like TLT are sensitive to changes in rates. The fund's large asset base and iShares fund-family context also make it useful to compare with other fixed-income options such as Vanguard Total Bond Market ETF (BND), iShares Core U.S. Aggregate Bond ETF (AGG), iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc) (AGGH), and Vanguard Global Aggregate Bond UCITS ETF EUR Hedged (Acc) (VAGF). Broader equity benchmarks like iShares Core S&P 500 ETF (IVV), Invesco NASDAQ 100 ETF (QQQM), and SPDR Dow Jones Industrial Average ETF Trust (DIA) can provide context for how fixed-income assets relate to equity market swings. For a full list of options, see the ETFs directory.