ETFs › BIL

SPDR Bloomberg 1-3 Month T-Bill ETF (BIL)

short-term-treasury cash-management low-risk

Offers investors a financial port in the storm, focusing on the shortest end of the U.S. Treasury yield curve. By tracking the Bloomberg 1-3 Month U.S. Treasury Bill Index, BIL provides exposure to U.S. Treasury Bills with maturities between one and three months. Since its 2007 launch, the fund has become a go-to option for investors seeking to park cash with minimal duration and interest rate risk, backed by the full faith and credit of the U.S. government. While BIL's yields typically trail those of longer-dated securities, it compensates with unparalleled liquidity and capital preservation. As such, it serves as both a cash management tool for institutional investors and a safe haven for retail investors in times of market turbulence.

Key Info

AUM $26.12B
Expense Ratio 0.14%
Inception Date May 25, 2007
Distribution Frequency Monthly
Weighting Method Market Cap
Number of Holdings 16
Tracking Index Bloomberg 1-3 Month U.S. Treasury Bill Index

See Also

SHV GBIL SGOV

Last updated: September 26, 2024