iShares 20+ Year Treasury Bond BuyWrite Strategy ETFTLTW
TLTW
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
157% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 7
78% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 18
46% more capital invested
Capital invested by funds: $192M [Q2] → $280M (+$87.9M) [Q3]
17% more funds holding
Funds holding: 64 [Q2] → 75 (+11) [Q3]
2.39% more ownership
Funds ownership: 21.87% [Q2] → 24.25% (+2.39%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for TLTW.
Financial journalist opinion
Neutral
Seeking Alpha
2 weeks ago
TLTW: Bullish Bonds? Then Avoid TLTW
TLTW, a passively managed fund with a 0.35% expense ratio, writes one-month covered call options on TLT, boosting yield but capping gains. TLTW's TTM yield is 14.16%, significantly higher than TLT's 3.95%, making it attractive for income-focused investors despite its price downtrend. TLTW outperforms TLT in downtrends due to its income from premiums but underperforms in rapid recoveries.
Positive
Seeking Alpha
3 weeks ago
TLTW: 15% Yield With Favorable Macro
iShares 20+ Year Treasury Bond Buywrite Strategy ETF buys TLT and sells call options, generating higher income but capping upside potential. TLTW has underperformed in price return but offers significantly higher income, making it attractive for aggressive income investors despite volatility risks. Its total return has eclipsed its underlying. The Fund's passive strategy involves selling ATM options monthly, which has outperformed TLT in total return but may result in increased capital losses.
Positive
Seeking Alpha
2 months ago
TLTW ETF: Maybe It's Time To Accumulate
TLTW's high yield (15.34%) and effective rolling method make it an attractive investment, despite potential risks from sudden TLT price increases. In my opinion, is a good time to accumulate TLTW as a hedge for fixed-rate portfolios due to the current macroeconomic scenario and yield curve steepening. The steepening yield curve and ongoing Fed rate cuts suggest long-duration Treasury yields may not decrease significantly, making TLTW a strategic addition.
Positive
Seeking Alpha
3 months ago
TLTW: Covered Call ETF Focusing On Long-Term Treasuries, Strong 14.9% Yield, Risks Abound
TLTW invests in long-term treasuries and sells covered calls on its holdings. The fund's high duration and covered call strategy result in substantial income but also consistent capital losses and distribution cuts. Its 14.9% distribution yield and potential outperformance during stable or slightly declining interest rates make it a buy despite significant risks.
Positive
Seeking Alpha
4 months ago
TLTW Makes Sense For Income And Rate Cut Speculation
Long-term Treasury bonds are performing well with the possibility of a rate cut cycle, making exposure to them beneficial. The iShares 20+ Year Treasury Bond BuyWrite Strategy ETF offers enhanced income through covered call options. TLTW provides higher income compared to traditional Treasury bonds, with potential for outperformance if rates remain stable or decline.
Positive
Seeking Alpha
4 months ago
TLTW: Time To Go Long With Long Treasury ETFs
The TLTW ETF is a great way to get income (until it isn't), under the current rate conditions. TLTW features a 15.5% monthly dividend from its covered call selling, a very reliable income source due to the volatility of TLT. TLT should also be part of the core holding to build wealth in a possible rate decline cycle.
Neutral
Seeking Alpha
5 months ago
Undercovered Dozen ETF Edition: China, Bitcoin, Cybersecurity, Motley Fool +
This ETF Edition highlights 12 less covered exchange-traded fund ideas on Seeking Alpha from June 1st - July 15th. ETFs in our first edition include Saba Closed-End Funds, iShares 20+ Year Treasury Bond BuyWrite Strategy, Global X Russell 2000 Covered Call, Invesco S&P 500 GARP, and more. Managed futures are in focus with one ETF idea where the author writes they "offer potential for maximizing income, boosting returns, and reducing volatility in a portfolio".
Neutral
Seeking Alpha
5 months ago
TLTW: A Buy Until Recession Imminent
Major rallies in long-term Treasuries that cause TLTW's covered call strategy to underperform are rare. iShares 20+ Year Treasury Bond Buywrite Strategy ETF offers an attractive monthly distribution with a yield above 10%. The Fund utilizes a covered call options strategy with the iShares 20+ Year Treasury Bond Buywrite Strategy ETF as its core asset to enhance income.
Positive
Seeking Alpha
6 months ago
Why I'm Fading The 11.58% Distribution Yield Of The TLTW ETF
iShares 20+ Year Treasury Bond Buywrite Strategy ETF offers exposure to 20-year treasury bonds and higher income through call options. The TLTW product captures volatility premium and coupons while giving up on potential price rallies. The yield on the TLTW ETF has decreased due to lower volatility, and future call selling may result in lower returns.
Positive
Seeking Alpha
7 months ago
TLTW: Covered Call ETF With 11% Yield Plus Upside Potential
Amid the popularity of covered call writing equity ETFs, TLTW, which does so with TLT as its base, is more intriguing to me currently.
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