BIL

State Street SPDR Bloomberg 1-3 Month T-Bill ETF

$91.60

+0.00%

Market closed. Last update: 12:27 PM ET

📎 Investment Objective

The SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) seeks to provide investment results that correspond generally to the performance of the Bloomberg 1-3 Month U.S. Treasury Bill Index.

Overview

ETF tracking State Street SPDR Bloomberg 1-3 Month T-Bill ETF

Category Treasury

Issuer State Street

Inception Date 2008-11-07

Market Cap $42.0B

Average Volume N/A

Dividend Yield 3.41%

52-Week Range $91.29 - $91.78

VWAP $91.59

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) seeks to provide investment results that correspond generally to the performance of the Bloomberg 1-3 Month U.S. Treasury Bill Index.

🎯 Investment Strategy

The fund invests in a portfolio of U.S. Treasury bills with maturities of 1-3 months in order to track the index. The goal is to provide low-risk, short-term exposure to U.S. government debt.

✨ Key Features

Invests in short-term U.S. Treasury bills with maturities of 1-3 months
Aims to provide low-risk, cash-like returns with minimal interest rate sensitivity
Expense ratio of 0.00%, making it one of the lowest cost Treasury ETFs available
Highly liquid, with the ability to buy and sell shares on the exchange throughout the trading day

⚠️ Primary Risks

Interest rate risk - The value of the fund's holdings may decline if interest rates rise
Credit risk - There is a small risk of default on the U.S. Treasury bills held by the fund
Liquidity risk - In stressed market conditions, the fund may experience lower liquidity
Tracking error risk - The fund may not perfectly track its underlying index

👤 Best For

This ETF is best suited for investors seeking a very low-risk, cash-equivalent investment as part of a diversified portfolio. It may be appropriate for short-term cash holdings, emergency funds, or as a defensive allocation during periods of market volatility.