(BIL) Bloomberg 1-3 Month T-Bill - Overview
ETF Category: Ultrashort Bond | Exchange: NYSE ARCA (USA) | Market Cap: 46.430m USD | Total Return: 3.9% in 12m
Avg Turnover: 779M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The SPDR® Bloomberg 1-3 Month T-Bill ETF (BIL) seeks to track the performance of the Bloomberg 1-3 Month U.S. Treasury Bill Index. The fund allocates at least 80% of its assets to U.S. Treasury obligations with remaining maturities between one and three months. This strategy focuses on high liquidity and capital preservation by investing in sovereign debt backed by the full faith and credit of the United States government.
The ultrashort bond sector serves as a cash-management tool for investors seeking to mitigate interest rate risk, as the short duration of these securities results in low sensitivity to rate fluctuations. Treasury bills are issued at a discount to par value and do not pay periodic interest, with the investors return generated by the difference between the purchase price and the maturity value. Use ValueRay to evaluate how this ETF fits within your broader portfolio strategy.
- Federal Reserve interest rate decisions dictate ultra-short-term Treasury yields
- Federal government debt issuance levels influence supply and demand dynamics
- Global flight-to-safety capital flows impact demand for low-risk liquid assets
- Inflationary trends determine real returns on short-duration sovereign debt securities
As of May 30, 2026, the stock is trading at USD 91.66 with a total of 15,243,321 shares traded.
Over the past week, the price has changed by +0.10%,
over one month by +0.33%,
over three months by +0.90% and
over the past year by +3.93%.
Bloomberg 1-3 Month T-Bill has no consensus analysts rating.