Long-Term Treasury Bonds total returns by year (including dividends)
As of market close, Oct 16, 2026
Long-Term Treasury Bonds total returns by year (2003–2026)#
Calendar-year returns with each year's path and its dividend contribution (dividend return = total minus price return). Every year has a direct link you can bookmark or share.
| Year | Start price | End price | Path | Dividend | Total return |
|---|---|---|---|---|---|
| 2026YTD | $87.16 | $80.05 | 3.2% | -5.0% | |
| 2025 | $87.33 | $87.16 | 4.4% | +4.2% | |
| 2024 | $98.88 | $87.33 | 3.6% | -8.1% | |
| 2023 | $99.56 | $98.88 | 3.5% | +2.8% | |
| 2022 | $148.19 | $99.56 | 1.6% | -31.2% | |
| 2021 | $157.73 | $148.19 | 1.4% | -4.6% | |
| 2020 | $135.48 | $157.73 | 1.7% | +18.2% | |
| 2019 | $121.51 | $135.48 | 2.6% | +14.1% | |
| 2018 | $126.86 | $121.51 | 2.6% | -1.6% | |
| 2017 | $119.13 | $126.86 | 2.7% | +9.2% | |
| 2016 | $120.58 | $119.13 | 2.4% | +1.2% | |
| 2015 | $125.92 | $120.58 | 2.5% | -1.8% | |
| 2014 | $101.86 | $125.92 | 3.7% | +27.3% | |
| 2013 | $121.18 | $101.86 | 2.6% | -13.4% | |
| 2012 | $121.25 | $121.18 | 0.9% | +0.8% | |
| 2011 | $94.12 | $121.25 | 1.4% | +30.2% | |
| 2010 | $89.89 | $94.12 | 0.0% | +4.7% | |
| 2009 | $119.35 | $89.89 | 0.0% | -24.7% | |
| 2008 | $93.04 | $119.35 | 0.0% | +28.3% | |
| 2007 | $88.43 | $93.04 | 0.8% | +6.0% | |
| 2006 | $91.90 | $88.43 | 3.3% | -0.4% | |
| 2005 | $88.55 | $91.90 | 0.9% | +4.7% | |
| 2004 | $85.45 | $88.55 | 2.9% | +6.6% | |
| 2003 | $88.57 | $85.45 | 3.0% | -0.5% |
- Annualized
- +2.1%
- 2003–2026
- Average year
- +3.1%
- 23 full years
- Best year
- +30.2%
- 2011
- Worst year
- -31.2%
- 2022
- Positive years
- 14/23
- 61% up
Annualized (CAGR)
+2.1%
2003–2026
Average year
+3.1%
23 full years
Best year
+30.2%
2011
Worst year
-31.2%
2022
Positive years
14/23
61% up
Total return by period#
Annual
-30%-20%-10%0%10%20%30%
2003-0.54%'03
2004+6.6%
2005+4.7%'05
2006-0.44%
2007+6.0%'07
2008+28%
2009-25%'09
2010+4.7%
2011+30%'11
2012+0.81%
2013-13%'13
2014+27%
2015-1.8%'15
2016+1.2%
2017+9.2%'17
2018-1.6%
2019+14%'19
2020+18%
2021-4.6%'21
2022-31%
2023+2.8%'23
2024-8.1%
2025+4.2%'25
2026-5.0%
Methodology#
Total returns, dividends reinvested, measured on TLT. Annualized return is the compound annual growth rate; the current year is year-to-date. Past performance does not predict future returns.
FAQ#
- What is Long-Term Treasury Bonds's average annual return?
- Since 2003, Long-Term Treasury Bonds (proxied by TLT, dividends reinvested) has returned about 2.1% a year (the compound annual growth rate) and an average calendar-year return of 3.1%.
- What were Long-Term Treasury Bonds's best and worst years?
- Over 2003–2026, the best year was 2011 (+30.2%) and the worst was 2022 (-31.2%).
- How often is Long-Term Treasury Bonds up in a year?
- 14 of the 23 full years since 2003 were positive — about 61% of the time.
More on Long-Term Treasury Bonds
Annual returns for: S&P 500 · S&P 500 Equal Weight · US Stock Market · Nasdaq-100Tracked by TLT