US Treasury 3 Month Bill ETFUS Treasury 3 Month Bill ETFUS Treasury 3 Month Bill ETF

US Treasury 3 Month Bill ETF

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Key stats


Assets under management (AUM)
‪5.83 B‬USD
Fund flows (1Y)
‪2.23 B‬USD
Dividend yield (indicated)
4.57%
Discount/Premium to NAV
−0.008%
Shares outstanding
‪117.00 M‬
Expense ratio
0.15%

About US Treasury 3 Month Bill ETF


Issuer
1251 Capital Group, Inc.
Brand
US Benchmark Series
Inception date
Aug 9, 2022
Structure
Open-Ended Fund
Index tracked
Bloomberg US Treasury Bellwether 3 Month index - Benchmark TR Gross
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
F/m Investments LLC
Distributor
Quasar Distributors LLC
TBIL is part of the first single-bond ETF suite. The targeted holding makes it very different from other ETFs holding 3-month Treasury Bills. This is a tool used in portfolio management. The fund tracks an index that holds just the on-the-run 3-month US T-Bills, which are the most recently issued and most liquid. At the beginning of the month, the index purchases a single issue which will be held for a full month. At each month-end rebalancing, the underlying issue is sold and rolled into a newly selected issue, given that there has been a new public sale or auction by the US Government for 3-month T-Bills. This roll transition occurs on one day, each month. The fund pays transaction costs when it buys and sells securities. These costs are not reflected in the annual fund operating expenses and should be expected. The fund will experience a very high turnover. This may result in higher taxes, as compared to other ETFs, if the shares are held in a taxable account.

Classification


Asset Class
Fixed income
Category
Government, treasury
Focus
Investment grade
Niche
Ultra-short term
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

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Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
TBIL trades at 49.89 USD today, its price hasn't changed in the past 24 hours. Track more dynamics on TBIL price chart.
TBIL net asset value is 49.86 today — it's risen 0.37% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
TBIL assets under management is ‪5.83 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
and its yearly performance shows a 0.08% increase. See more dynamics on TBIL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.37% over the last month, showed a 1.02% increase in three-month performance and has increased by 4.73% in a year.
TBIL fund flows account for ‪2.23 B‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
TBIL invests in bonds. See more details in our Analysis section.
TBIL expense ratio is 0.15%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, TBIL isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, TBIL technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TBIL shows the strong sell signal. See more of TBIL technicals for a more comprehensive analysis.
Yes, TBIL pays dividends to its holders with the dividend yield of 4.57%.
TBIL trades at a premium (0.01%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
TBIL shares are issued by 1251 Capital Group, Inc.
TBIL follows the Bloomberg US Treasury Bellwether 3 Month index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 9, 2022.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.