ETF Talk: In Long-Term Bonds We Trust… Especially with This ETF

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker, financial journalist, and money manager.

Religion, politics and money are three rather gauche topics for mixed company.


However, as you all know by now, I am not one to shy away from heady topics or a bit of friendly fire to keep things lively. I say this, because I will briefly touch on all three of these topics, starting with a bit of a religion-related history fact.

In 1955, President Dwight D. Eisenhower mandated that the phrase “In God We Trust” be printed on all U.S. currency. Dating back to the Civil War, that phrase was used to convey to the world what America stood for, especially during a time of war, with the religious fortitude of its concerned citizens.

While this may no longer be the common sentiment, it is still part of our history — as is politics. Thankfully, this discussion is not centered on politics themselves, but more the Fed, its impending rate cuts and the likely re-emergence of the “don’t fight the fed” rallying cry amongst financial professionals. So, as religion and politics fluctuate, money does as well.


In a monetary sense, investors are looking for a way to protect their portfolios from the risk of stagnation in stocks and commodities — while also locking in gains. Now that we’ve touched on the three “untouchables,” lets get to the heart of the matter — long-term bonds and one fund in particular: iShares Core 10+ Year USD Bond ETF (ILTB).

Unlike stocks, bonds are a loan to a company or government, and as such they are likely to be less volatile, which is something many investors are craving right now — with both inflation and Fed action up in the air.

ILTB, in particular, covers a broad spectrum of long-dated USD-denominated bonds with at least 10 years remaining in maturity. The fund includes U.S. Treasurys, government-related bonds (U.S. and non-U.S.), investment-grade and high-yield corporate bonds and emerging-market bonds. The fund allocates roughly the same amount of stake to both corporate and government bonds. Geographically, this fund does not discriminate and offers exposure to U.S., developed-market and emerging-market issuers.

The fund has $604.21 million in net assets, $603.91 million in assets under management and an incredibly reasonable expense ratio of 0.06%. To further whet interested-investor appetite, ILTB offers a dividend yield of 4.72% and paid $2.37 per share in the past year. Its dividend is paid every month, and its last ex-dividend date was July 1, 2024.


As shown in the chart above, ILTB has seen some incredible movement since November of 2023. Though it hit a bit of a downturn in late April, it immediately picked itself up. Since its last trading day, Monday, July 8, the fund’s price gained 0.159% and rose from $50.22 to $50.30 — giving it four days of continued gains.

Tuesday’s price action fluctuated down slightly, but the fund has the volume and liquidity to continue gaining in the days and weeks to come. According to, the ETF is expected to rise 3.86% during the next three months and, with a 90% probability, hold a price between $50.91 and $53.33 at the end of this three-month period.

The fund’s top 10 holdings include United States Treasury, 42.53%; AT&T, Inc., 0.79%; Mexico (United Mexican States) (Government), 0.74%; Comcast Corporation 0.67%; Oracle Corporation, 0.63%; UnitedHealth Group, Inc., 0.61%; Verizon Communications, Inc., 0.61%; Bank of America Corp., 0.56%; Saudi Arabia (Kingdom Of), 0.56%; and Apple, Inc., 0.56%.

In sum, it is in long-term bonds we trust. And it is in iShares Core 10+ Year USD Bond ETF (ILTB) where we potentially invest.


So, as long as sentiment around religion, politics and money fluctuate — stability can never be underestimated. And ILTB may be just the answer interested investors are looking for, with its solid liquidity, low expense ratio and enviable dividend yield.

So, in true Renaissance fashion, I started with a bit of history, and I will end with a bit of it as well. The 1809 Austrian statesman, and minister of foreign affairs, Klemens von Metternich, championed conservatism, helped in the victorious alliance against Napoleon I and restored Austria as a leading European power. So, as someone who was likely well-versed in fluctuating sentiment, this tidbit he offered up is still quite powerful: “Stability is not immobility.”

As always, I am happy to answer any of your questions about ETFs, so do not hesitate to email me. You may see your question answered in a future ETF Talk.

share on:

Like This Article?
Now Get Jim's FREE Special Report:
The Top 11 Dividend ETFs to
Buy Right Now

Get up to 5X the yields of traditional income plays.

Get Access to the Report, 100% FREE

share on:


Dr. Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

Product Details

  • Forecasts & Strategies
  • Home Run Trader
  • Fast Money Alert
  • Five Star Trader
  • TNT Trader

Bryan Perry

A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.

Product Details

  • Cash Machine
  • Premium Income PRO (exclusively for subscribers of Cash Machine)
  • Quick Income Trader
  • Breakout Options Alert
  • Hi-Tech Trader

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:

Product Details

  • Successful Investing
  • High Velocity Options
  • Intelligence Report
  • Bullseye Stock Trader
  • Eagle Eye Opener

Bob Carlson

Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.

Product Details

  • Retirement Watch
  • Retirement Watch Spotlight Series
  • Lifetime Retirement Protection Program

Jon Johnson

Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services:

Product Details

  • Investment House Daily
  • Stock of the Week
  • Technical Traders Alert
  • Rapid Profits Stock Trader

Used by financial advisors and individual investors all over the world, is the premier provider and one-stop shop for dividend information and research.

Product Details

Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.

  • Dividend Investor

George Gilder

George Gilder is the most knowledgeable man in America when it comes to the future of technology and its impact on our lives.  He’s an established investor, bestselling author, and economist with an uncanny ability to foresee how new breakthroughs will play out, years in advance.

Product Details

  • Technology Report
  • Technology Report PRO
  • Moonshots
  • Private Reserve
  • Millionaire Circle


DayTradeSPY was founded by head trader Hugh Grossman, a retired internal auditor for a Fortune 500 company. After years of first-hand experience trying out one trading strategy after another, Hugh instead developed his own trading system centered around day trading SPY options. That’s it... Nothing else.

Product Details

  • Trading Room
  • Pick of the Day
  • Inner Circle
  • Online Workshops