In an aspect, a tensioner includes a pulley, a main piston chamber, a reservoir, and first and second fluid passageways connecting the main piston chamber and reservoir, a main piston that is movable in the main piston chamber, a check valve, a control valve, and a movable reservoir member. The check valve prevents flow in one direction through the second passageway and permits flow in an opposing direction through the second passageway. The control valve is movable between to provide a first flow resistance, or a second flow resistance. The movable reservoir member is movable based on the amount of fluid in the reservoir in such a way as to change the volume of the reservoir, such that the reservoir, the main piston chamber and the first and second passageways together are included in a fluid circuit that is substantially free of any compressible fluids.