BILS

State Street SPDR Bloomberg 3-12 Month T-Bill ETF

$99.34

+0.00%

Market closed. Last update: 12:27 PM ET

📎 Investment Objective

The SPDR Bloomberg 3-12 Month T-Bill ETF (BILS) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Bloomberg 3-12 Month U.S. Treasury Bill Index.

Overview

ETF tracking State Street SPDR Bloomberg 3-12 Month T-Bill ETF

Category Treasury

Issuer State Street

Inception Date 2020-09-24

Market Cap $3.9B

Average Volume N/A

Dividend Yield 3.43%

52-Week Range $99.00 - $99.52

VWAP $99.34

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests in a portfolio of U.S. Treasury bills with remaining maturities between 3 and 12 months. The portfolio is designed to track the performance of the underlying index, which measures the performance of U.S. Treasury bills with remaining maturities between 3 and 12 months.

✨ Key Features

Exposure to short-term U.S. Treasury bills with maturities between 3 and 12 months
Low-cost, passively managed fund with a 0.00% expense ratio
Potential for stability and low volatility compared to longer-term fixed income investments
Suitable for cash management and capital preservation

⚠️ Primary Risks

Interest rate risk: The value of the fund's holdings may decline due to rising interest rates
Credit risk: The risk of default on the underlying Treasury bills
Liquidity risk: The potential difficulty in buying or selling shares of the ETF
Tracking error risk: The fund may not perfectly track the performance of the underlying index

👤 Best For

This ETF may be suitable for investors seeking a low-risk, low-volatility investment for cash management, capital preservation, or as a short-term fixed income allocation within a diversified portfolio. It may be particularly attractive for investors with a conservative risk tolerance or a short-term investment horizon.