# IncomeShares 20+ Year Treasury (TLT) Options ETP (TLTI)

**Page:** https://fundology.uk/fund/tlti · ISIN XS3068771271

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 26/10/2026, TLTI (IncomeShares 20+ Year Treasury (TLT) Options ETP, ISIN XS3068771271) closed at £25.64 on the London Stock Exchange. Its ongoing charge is 0.55% a year (about £55 on £10,000). Over the year to 26/10/2026 its total return was −1.6%, or −5.1% after UK CPIH inflation.

## Summary

IncomeShares 20+ Year Treasury (TLT) Options ETP is an exchange-traded product from IncomeShares, launched in 2025. It tracks the No Underlying Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.55% a year — about £55 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year.

Latest close: **£25.64** (26/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | TLTI |
| ISIN | XS3068771271 |
| Also listed as | TLTY (London Stock Exchange, US dollars) |
| Category | Government bonds |
| Type | ETN / ETP |
| Provider | IncomeShares |
| Income | Distributing |
| Ongoing charge | 0.55% a year (£55 per £10,000) |
| Fund size | £10.1m |
| Launched | 2025 |
| Domicile | Ireland |

## Past returns (periods to 26/10/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -1.63% | -5.12% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Charges compared with similar funds

Ongoing charge of IncomeShares 20+ Year Treasury (TLT) Options ETP 0.55% a year. Compared on 27/10/2026, 3 of the 306 other government bond funds charge more, 2 the same and 301 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.55%** per year (as of 26/10/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## Questions people ask

**What is the ongoing charge of TLTI?**

The ongoing charge of TLTI is 0.55% a year — about £55 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of IncomeShares 20+ Year Treasury (TLT) Options ETP 0.55% a year. Compared on 27/10/2026, 3 of the 306 other government bond funds charge more, 2 the same and 301 less (share classes counted once).

**Is TLTI accumulating or distributing?**

TLTI is distributing: income is paid out to holders as cash, usually a few times a year. It pays out monthly.

**What is the ISIN of TLTI?**

The ISIN of TLTI is XS3068771271. An ISIN identifies one exact share class of a fund; TLTI is its ticker on the London Stock Exchange. The same share class is also listed as TLTY (London Stock Exchange, US dollars).

**How has TLTI done after inflation?**

Over the year to 26/10/2026 TLTI’s total return was −1.6%, or −5.1% after UK CPIH inflation. Past performance is not a guide to future returns.

---

We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments.

Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.