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TLTXGlobal X Treasury Bond Enhanced Income ETF

Get income1y track recordRanked #1,053 of 1,650 in this goal

Seeks current income while maintaining the potential for capital appreciation.

By Global X Funds · Launched 2025

Annual Cost

0.29%

#1,304 of 5,861 · low cost

Fund Size

$14M

#4,715 of 5,861 · small

Dividend YieldGoal

Track Record

1 year

#4,480 of 5,861 · young

Performance

Total-return NAV · USD
Growth of $10,000
$9,951-0.5%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

What it actually holds

By weight

Concentration

Top 10 holdings = 95.1% of fundconcentrated

Global X Long-Term Treasury Ladder ETF
41.0%
United States of America
15.5%
United States of America
10.8%
United States of America
6.2%
United States of America
4.6%
United States of America
4.6%
United States of America
4.0%
United States of America
4.0%
United States of America
2.2%
United States of America
2.2%

Asset allocation

Bonds
100.0%
Cash
0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
9.4%Low

Year-on-year price swings

Max drawdown
-6.7%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks current income while maintaining the potential for capital appreciation.
Strategy
Actively manages a portfolio of U.S. Treasury bond obligations, including U.S. Treasuries and U.S. Treasury ETFs, while writing call options on U.S. Treasury ETFs to generate additional income. The Fund aims for capital appreciation through its U.S. Treasury Portfolio.
Inception date
July 15, 2025
Fund family
Global X Funds

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

The big yield isn't extra money

The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.

Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-04