iShares 20+ Year Treasury Bond ETFFind Ratings Reports
- Last Ratings Update:06/30/2016
- Price as of 06/30/2016 :$138.85
- Net Assets:$4,010.3 Million
- Peer Rank:4 of 56
- Investment Rating:A-
We rate iShares 20+ Yr Treasury Bd ETF at A-. This overall rating indicates it is among the top 10% of all closed end funds in its peer group. Positive factors that influence this rating include a well above average total return, low price volatility, low expense structure and long term portfolio management tenure. The fund invests approximately 100% of its assets in bonds and may be considered for investors seeking a Government Bond strategy.
POSITIVES AND RISKS
Total return ranks very high in comparison with peers over the last three years. The iShares 20+ Yr Treasury Bd ETF has returned an annual rate of 7.95% since inception. More recently, the fund has generated a total return of 11.22% in the last five years, 12.89% in the last three years, and 24.41% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 76% of them. It has also outpaced 80% of its competitors on a three year basis and 88% of them over the last year for the period ending 6/30/2016. On a year to date basis, TLT has returned 17.98%.
Downside risk has been below average. TLT has a draw down risk of -15.06%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 11.3%. This fund has had moderate volatility in its monthly performance over the last 36 months. As of 6/30/2016, the fund was trading at a price of $138.85, which is 0.9% below its 52-week high of $140.13 and 6.7% above its 52-week low of $130.11.
Low expense ratio helps performance. As TLT is an exchange traded fund, it has no front end or back end load.
The iShares 20+ Yr Treasury Bd ETF is managed by Scott F. Radell at BlackRock Fund Advisors. This fund is one of 305 BlackRock Fund Advisors exchange-traded funds launched since 3/12/1996 that we track.