State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Twelve months
- Assets under management
- $46.8B
- Expense ratio
- 0.14%
- Holdings
- 42
- NAV
- $91.63
- Inception
- May 25, 2007
- Issuer
- SPDR
- Asset class
- Fixed Income
- Exchange
- —
- Average volume
- 9.5M
- Volume
- —
- 50-day average
- —
- 200-day average
- —
- Day range
- —
- Previous close
- —
- Domicile
- US
- Official page
- ssga.com
About this fund
The State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) is designed to closely mirror the price appreciation and income generation of the Bloomberg 1-3 Month U.S. Treasury Bill Index, prior to accounting for its operational costs. This fund primarily invests in government-issued U.S. Treasury Bills that have a remaining term of just one to three months. Due to this ultra-short maturity profile, the ETF exhibits lower sensitivity to shifts in interest rates compared to debt instruments with longer durations. Its holdings are adjusted and rebalanced on the last trading day of each month.
Sector exposure
- Cash & Others100.00%
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Questions
What is the expense ratio of BIL?
BIL charges 0.14% per year. The fee is taken out of the fund's assets, so it shows up as a small drag on performance rather than as a separate bill.
How large is BIL?
The fund manages $46.8B. Size matters mainly for liquidity: larger funds tend to trade with tighter spreads and are less likely to be closed by the issuer.
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