ProShares Short 20+ Year Treasury TBF
Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed
- Expense ratio
- 0.95%
- Net assets
- $132.8M
- Holdings
- 12
- 12-month distribution yield
- 2.26%
- Asset class
- Derivatives-based
ProShares Short 20+ Year Treasury (TBF) is an exchange-traded fund listed on NYSE Arca in the United States, issued by ProShares. Its category is Derivatives-based. Its last price was US$25.98 on 20 Oct 2026. Its expense ratio is 0.95% a year, from its prospectus dated 7 Apr 2025. It reported net assets of US$132.8 million as of 31 May 2026. Its latest holdings report lists 12 holdings as of 31 May 2026. Over the last 12 months it paid distributions of US$0.59 a unit, a 12-month distribution yield of 2.26%, paid quarterly.
Fees
- Total annual operating expenses (gross)
- 0.95%
- Net, after fee waivers or reimbursements
- No waiver stated
- Management fee
- 0.75%
- Prospectus date
- 7 Apr 2025
- Filed with the SEC
- 7 Apr 2025
Size and reporting
- Net assets
- $132,802,945
- Total assets
- $132,958,593
- Holdings as of
- 31 May 2026
- Report made public
- 28 Jul 2026 (58 days after the month end)
Top holdings
Largest 12 of 12 positions, as of 31 May 2026. Weight is the percent of net assets the fund reported.
| # | Holding | Identifier | Weight | Value (USD) | Type | Country | Currency |
|---|---|---|---|---|---|---|---|
| 1 | ProShares GENIUS Money Market ETF | US74350P6916 | 49.00% | $65.1M | Other | United States | USD |
| 2 | Repurchase Agreement | No identifier reported | 19.98% | $26.5M | Repurchase agreements | United States | USD |
| 3 | Repurchase Agreement | No identifier reported | 12.57% | $16.7M | Repurchase agreements | United States | USD |
| 4 | Repurchase Agreement | No identifier reported | 9.43% | $12.5M | Repurchase agreements | United States | USD |
| 5 | Repurchase Agreement | No identifier reported | 6.91% | $9.2M | Repurchase agreements | United States | USD |
| 6 | Total Return Swap | No identifier reported | 0.51% | $683K | Equity derivatives | United States | USD |
| 7 | Total Return Swap | No identifier reported | 0.14% | $192K | Equity derivatives | United States | USD |
| 8 | Total Return Swap | No identifier reported | 0.09% | $118K | Equity derivatives | United States | USD |
| 9 | Total Return Swap | No identifier reported | 0.06% | $81K | Equity derivatives | United States | USD |
| 10 | Total Return Swap | No identifier reported | -0.02% | -$29K | Equity derivatives | United States | USD |
| 11 | Total Return Swap | No identifier reported | 0.02% | $22K | Equity derivatives | United States | USD |
| 12 | U.S. Treasury Long Bond | No identifier reported | −<0.01% | -$13K | Interest rate derivatives | United States | USD |
Breakdowns
Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.
Warning: Uses derivatives
Asset type
| Type | Weight | Bar |
|---|---|---|
| Other | 49.00% | |
| Repurchase agreements | 48.89% | |
| Equity derivatives | 0.80% | |
| Interest rate derivatives | −<0.01% |
Country
| Country | Weight | Bar |
|---|---|---|
| United States | 98.69% |
Currency exposure
| Currency | Weight | Bar |
|---|---|---|
| US dollar (USD) | 98.69% |
Sector
No sector data
Source: SEC Form N-PORT (opens in a new tab) Holdings as of
Distributions
- Paid in the last 12 months
- $0.5870
- 12-month yield
- 2.26%
- Frequency
- Quarterly
- Latest ex-date
- 23 Sep 2026
12-month yield = distributions per unit with an ex-date in the last 12 months ($0.5870) ÷ latest price ($25.98) × 100 = 2.26%. It looks back, so it is not a forecast; special distributions in the window are included.
Why a distribution yield is not the fund's return: yield vs total return
Distribution history table (16 payments)
| Ex-date | Amount per unit |
|---|---|
| 23 Sep 2026 | $0.1250 |
| 24 Jun 2026 | $0.1520 |
| 25 Mar 2026 | $0.0930 |
| 24 Dec 2025 | $0.2170 |
| 24 Sep 2025 | $0.2150 |
| 25 Jun 2025 | $0.1730 |
| 26 Mar 2025 | $0.2110 |
| 23 Dec 2024 | $0.2610 |
| 25 Sep 2024 | $0.2520 |
| 26 Jun 2024 | $0.3140 |
| 20 Mar 2024 | $0.1730 |
| 20 Dec 2023 | $0.3980 |
| 20 Sep 2023 | $0.2160 |
| 21 Jun 2023 | $0.2840 |
| 22 Mar 2023 | $0.2050 |
| 22 Dec 2022 | $0.0820 |
Filings and sources
- Form N-PORT report for May 2026 (opens in a new tab)
- Prospectus filing with the fee table (opens in a new tab)
- All SEC filings for this fund series (S000018721) (opens in a new tab)
- Nasdaq Trader symbol directory (opens in a new tab)
- Yahoo Finance quote and distributions (opens in a new tab)
- How the ETF figures are collected
Compare with
Largest funds in the same category:
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- TBF and QLD ProShares Ultra QQQ