# TLTW (iShares 20+ Year Treasury Bond BuyWrite Strategy ETF)

iShares · Income ETFs · data as of Sep 11, 2026

Over the year to Sep 11, 2026, TLTW paid 9.6% in cash and finished 5.4 points ahead of TLT.

## Key facts

- TLTW, cash paid, 1 year, on its starting price: 9.6%, as of Sep 11, 2026.
- TLTW, total return, 1 year: −1.0%, as of Sep 11, 2026.
- TLTW, against TLT: +5.4 pts, as of Sep 11, 2026.
- TLTW, latest payout, annualized: 7.5%, as of Sep 11, 2026.
- TLTW, net assets: $2.0bn (source, as filed for Apr 30, 2026).
- TLTW, expense ratio: not read by ETFIQ, as of Sep 11, 2026.

## TLTW over each window to Sep 11, 2026

| Window | Cash paid | Price | Total return | TLT | Ahead or behind |
| --- | --- | --- | --- | --- | --- |
| 3 months | 1.9% | −5.9% | −4.0% | −4.6% | +0.6 pts |
| 6 months | 4.3% | −7.2% | −3.1% | −4.4% | +1.3 pts |
| 1 year | 9.6% | −10.3% | −1.0% | −6.4% | +5.4 pts |
| 3 years | 33.2% | −31.5% | +3.3% | −2.6% | +5.8 pts |
| Since launch | 41.3% | −47.2% | −4.6% | −15.8% | +11.2 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Strategy | covered call | ETFIQ |
| Benchmark | 20+ Year Treasury (TLT) | ETFIQ |
| Pays | monthly | ETFIQ |
| Net assets | $2.0bn | source, as filed for Apr 30, 2026 |
| Latest payout, annualized | 7.5% | ETFIQ |
| Expense ratio | not read by ETFIQ | ETFIQ |
| Cash paid, last 12 months, over today’s price | 10.8% | ETFIQ |
| Launched | Aug 22, 2022 | ETFIQ |
| Pays | monthly | ETFIQ |
| Typical gap between ex-dates | 30 days | ETFIQ |
| Typical wait from ex-date to payment | 2 days | ETFIQ |
| Last paid, per share | $0.1311 ex Sep 2, 2026 | ETFIQ |
| Sum of the last 12 distributions | $2.2436 | ETFIQ |

## Questions

### How much has TLTW paid over the last year?

Over the year to Sep 11, 2026, TLTW paid 9.6% of its starting price in cash distributions, while the price fell 10.3%.

### Is TLTW ahead of TLT?

Over the year to Sep 11, 2026, with every distribution reinvested, TLTW returned −1.0% against −6.4% for 20+ Year Treasury (TLT), so a holder was ahead of it by 5.4 points.

### How often does TLTW pay, and how much?

TLTW pays monthly. The latest distribution annualizes to 7.5% at its price on Sep 11, 2026, which is not a promise; the next one can differ.

### When does TLTW next pay a distribution?

TLTW pays monthly. The last distribution went ex on Sep 2, 2026 at $0.1311 a share. The next is not declared; on a cadence of about 30 days the ex-date falls near Oct 2, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days.


## Cite this page

ETFIQ, TLTW, data as of Sep 11, 2026. https://etfiq.com/funds/TLTW
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/TLTW  ·  JSON: https://etfiq.com/funds/TLTW.json