TLH ETF — iShares 10-20 Year Treasury Bond ETF

iShares 10-20 Year Treasury Bond ETF (TLH)

Updated October 16, 2026.

TLH is a low-cost ETF. its distribution rate is 4.57%, its trailing-12-month yield is 4.75%, its expense ratio is 0.15%. Dividend Vision Distribution Safety Score™ is 84/100 (Safe). Total return is 67.6% over the past 19.8 years, 602.0 points behind SPY at 669.6%.

iShares 10-20 Year Treasury Bond ETF is a fund that tracks an index of U.S. Treasury securities with remaining maturities between ten and twenty years, investing at least 80% of its assets in these component securities. The fund offers a current distribution rate in the mid-range, paid monthly, with a low expense ratio of 0.15%. It appeals to income-focused investors seeking exposure to intermediate-to-longer-duration U.S. government debt.

TLH performance versus SPY

Price and return data through 2026-10-16.

Total return is 67.6% over the past 19.8 years, 602.0 points behind SPY at 669.6%. Over the past year its total return — price change plus distributions reinvested — is -6.1%. Its deepest 1-year drawdown was 10.3%.

TLH key facts

Distribution Safety Score™

84 · Safe

Safety-Adjusted Yield

3.84%

Issuer

iShares

Asset type

ETF

Asset class

Fixed Income

Inception date

01/05/2007

Expense ratio

0.15%

Distribution rate

4.57%

Distribution frequency

Monthly

Trailing yield

4.75%

Last close

$94.09 (as of 2026-10-16)

AUM

$11,457,930,228

Average volume

3364976.0

Dividend

$0.35796

Ex-dividend date

10/01/2026

Payment date

10/06/2026

Beta

1.94

How Dividend Vision calculates yield and returns

Distribution rate (4.57%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (4.75%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: iShares or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

TLH risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 10.3%.

Who may consider TLH — and who may not

TLH may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on TLH

• All tickers starting with T

Tagged: Treasury, Bonds, Fixed Income.

Frequently asked questions

More securities from iShares.