TBF Distribution History & Yield

ProShares Short 20+ Year Treasury · NYSEArca

ETF Trading--Inverse Debt Quarterly payer Bond fund
$25.43
+0.04% today
as of Sep 8, 2026
TTM yield
2.66%
$0.677/share over the last 12 months
Forward yield
2.39%
$0.608/share indicated annual rate
Annual distribution
$0.608
per share, forward
Per payment
$0.152
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-distribution date
Sep 23, 2026 Estimated
in 15 days
Next pay date
Oct 7, 2026
in 29 days
Last ex-distribution date
Jun 24, 2026
$0.152 per share
Expense ratio
0.95%
AUM 116.0M
Consistency
66/100
variable payouts
3y distribution CAGR
+5.8%
annualised (too young for 5y)
Growth streak
0 yrs
no current streak
Years paying
8.2
since Jun 20, 2018
1y total return
+5.7%
price +3.0% + distributions 2.7%

Upcoming distribution payments

Ex-datePay datePer sharePer 100 sharesStatus
Wed, Sep 23, 2026 (in 15 days) Oct 7, 2026 $0.152 $15.20 Estimated
Wed, Dec 23, 2026 (in 106 days) Jan 6, 2027 $0.152 $15.20 Estimated
Wed, Mar 24, 2027 (in 197 days) Apr 7, 2027 $0.152 $15.20 Estimated
Wed, Jun 23, 2027 (in 288 days) Jul 7, 2027 $0.152 $15.20 Estimated

Estimated dates and amounts are projected from TBF's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $0.608 per share.

Distribution payment history

Last 23 payments per share. RegularSpecial

Last 23 payments per share from Jun 20, 2018 to Jun 24, 2026; most recent $0.152$0.00$0.25$0.50Jun 20, 2018: $0.037Jun '18Sep 26, 2018: $0.072Dec 26, 2018: $0.087Mar 20, 2019: $0.068Mar '19Jun 25, 2019: $0.095Sep 25, 2019: $0.092Dec 24, 2019: $0.075Dec '19Mar 25, 2020: $0.035Dec 22, 2022: $0.082Mar 22, 2023: $0.205Mar '23Jun 21, 2023: $0.284Sep 20, 2023: $0.216Dec 20, 2023: $0.398Dec '23Mar 20, 2024: $0.173Jun 26, 2024: $0.314Sep 25, 2024: $0.252Sep '24Dec 23, 2024: $0.261Mar 26, 2025: $0.211Jun 25, 2025: $0.173Jun '25Sep 24, 2025: $0.215Dec 24, 2025: $0.217Mar 25, 2026: $0.093Mar '26Jun 24, 2026: $0.152

Annual distributions per share

Annual dividend per share by calendar year, 2018 to 2026 (year to date)$0.00$0.60$1.202018: $0.196$0.19620182019: $0.33$0.3320192020: $0.035$0.03520202021: $0.0020212022: $0.082$0.08220222023: $1.103$1.10320232024: $1.00$1.0020242025: $0.816$0.81620252026 (YTD): $0.245$0.2452026 YTD

How much TBF do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month1,974$50,191$1,200
$500 / month9,869$250,954$6,000
$1,000 / month19,737$501,908$12,000

Based on the forward yield of 2.39%. $10,000 in TBF would currently pay about $239 a year ($20 a month on average). Model reinvestment and growth →

TBF distribution history

Ex-datePay dateAmountChange
Jun 24, 2026 $0.152 +63.4%
Mar 25, 2026 $0.093 -57.1%
Dec 24, 2025 $0.217 +0.9%
Sep 24, 2025 $0.215 +24.3%
Jun 25, 2025 $0.173 -18.0%
Mar 26, 2025 $0.211 -19.2%
Dec 23, 2024 $0.261 +3.6%
Sep 25, 2024 $0.252 -19.7%
Jun 26, 2024 $0.314 +81.5%
Mar 20, 2024 $0.173 -56.5%
Dec 20, 2023 $0.398 +84.3%
Sep 20, 2023 $0.216 -23.9%
Jun 21, 2023 $0.284 +38.5%
Mar 22, 2023 $0.205 +150.0%
Dec 22, 2022 $0.082 +134.3%
Mar 25, 2020 $0.035 -53.3%
Dec 24, 2019 $0.075 -18.5%
Sep 25, 2019 $0.092 -3.2%
Jun 25, 2019 $0.095 +39.7%
Mar 20, 2019 $0.068 -21.8%
Dec 26, 2018 $0.087 +20.8%
Sep 26, 2018 $0.072 +94.6%
Jun 20, 2018 $0.037

Payout risk check

Distribution stabilityModerate risk

TBF's last 12 distributions were variable (consistency score 66/100).

Its share price moved +3.0% over the past year.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About ProShares Short 20+ Year Treasury

The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index includes publicly-issued U.S. Treasury securities that have a remaining maturity greater than or equal to twenty years and have $300 million or more of outstanding face value, excluding amounts held by the Federal Reserve. The fund is non-diversified.

Fund family: ProShares. Category: Trading--Inverse Debt. First distribution on our records: Jun 20, 2018. 23 payments tracked.

TBF distribution FAQ

When is TBF's next ex-distribution date?

TBF's next ex-distribution date is Sep 23, 2026 (in 15 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.152 per share, expected on Oct 7, 2026.

How often does TBF pay distributions?

TBF pays distributions every quarter, 4 times a year. The most recent payment was $0.152 per share with an ex-date of Jun 24, 2026.

What is TBF's distribution yield?

TBF's trailing 12-month distribution yield is 2.66%, based on $0.677 per share paid over the last year and a share price of $25.43. The forward yield, using the indicated annual rate of $0.608 per share, is 2.39%.

How much does TBF pay per share?

TBF pays about $0.152 per share each quarter, which works out to roughly $0.608 per share a year. 100 shares would collect about $60.80 a year.

Has TBF grown or cut its distribution?

Over the last 3 years the regular payout changed +5.8% a year. There has been no cut to a regular payment in the last 5 years. As a fund, TBF's distributions vary with the income its holdings generate, so payouts are not designed to rise every year the way a dividend-growth stock's are.

How many shares of TBF do I need to earn $100 a month?

At the current forward yield of 2.39%, you would need about 1,974 shares of TBF (roughly $50,191 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

Similar funds