Highlights

  • TLH seeks exposure to US Treasury bonds in the ten-to-twenty-year Maturity segment.
  • The fund reports NAV of USD 95.80 as of 2 November 2026.
  • TLH lists an expense ratio of 0.15% and distributes monthly.

iShares 10-20 Year Treasury Bond ETF (NYSE Arca:TLH) seeks to track US Treasury bonds in the ten-to-twenty-year maturity segment. Its NAV stood at USD 95.80 as of 2 November 2026. Net Assets totalled USD 12,234,114,890 as of 2 November 2026.

Treasury Exposure Between Defined Maturity Boundaries

TLH tracks the ICE U.S. Treasury 10-20 Year Bond Index. The benchmark targets a defined section of the Treasury maturity curve. Eligible securities are fixed-rate obligations denominated in US dollars, with inflation-linked securities and agency Debt excluded. The maturity screen is maintained through regular changes to the index’s constituents.

The fund uses representative sampling, selecting investments intended to resemble the benchmark’s overall characteristics. It may therefore hold a different collection of securities from the index while seeking a similar Investment profile.

Portfolio Composition and Exposure

TLH reported 61 holdings as of 30 October 2026. Its allocation by Market Value included Treasuries at 99.54% and Cash and/or Derivatives at 0.46% as of 30 October 2026.

The portfolio’s effective duration was 11.53 yrs as of 30 October 2026. Weighted average maturity was 16.52 yrs as of 30 October 2026.

Duration measures sensitivity to Interest Rate changes. Maturity describes the timing of principal repayments, while cash-flow patterns and embedded Options can make the two measures differ. These characteristics describe the bond portfolio rather than a fixed outcome for shareholders.

The fact sheet dated 30 September 2026 recorded Credit allocations including AA Rated at 99.44%. These classifications describe underlying securities at that date; ratings and portfolio credit quality can change.

Fees and Distribution Policy

The published expense ratio is 0.15%. Distributions are scheduled monthly.

The 30-day SEC Yield was 5.23% as of 30 October 2026. This standardised income measure reflects the fund’s recent income after expenses; it is separate from changes in the market value of its shares.

The prospectus notes that brokerage commissions and other intermediary charges may apply separately. Fund shares trade at market prices, which can differ from NAV, so the stated NAV does not establish the price of every exchange transaction.

Key Insights

Interest rate movements can materially affect the prices of longer-dated bonds. Treasury issuer exposure therefore coexists with market-price and income risk, even though the strategy does not focus on corporate borrowers.