SPDR Bloomberg 1-3 Month T-Bill ETF (BIL)
| Assets | $34.98B |
| Expense Ratio | 0.14% |
| PE Ratio | n/a |
| Shares Out | 381.64M |
| Dividend (ttm) | $4.60 |
| Dividend Yield | 5.03% |
| Ex-Dividend Date | Dec 19, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | +0.12% |
| Volume | 12,568,702 |
| Open | 91.32 |
| Previous Close | 91.29 |
| Day's Range | 91.32 - 91.33 |
| 52-Week Low | 91.29 |
| 52-Week High | 91.83 |
| Beta | -0.00 |
| Holdings | 18 |
| Inception Date | May 25, 2007 |
About BIL
Fund Home PageThe SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of all publicly issued zero-coupon US Treasury bills with a maturity of at least 1 month, but less than 3 months. BIL was launched on May 25, 2007 and is issued by State Street.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.3828 | Dec 24, 2024 |
| Dec 2, 2024 | $0.33457 | Dec 5, 2024 |
| Nov 1, 2024 | $0.35853 | Nov 6, 2024 |
| Oct 1, 2024 | $0.37128 | Oct 4, 2024 |
| Sep 3, 2024 | $0.39609 | Sep 6, 2024 |
| Aug 1, 2024 | $0.40231 | Aug 6, 2024 |
News
More Money Market Substitutes Taking Shape
Investors have been married to their money market funds for the better part of the last two years. But a recent poll from VettaFi's Q4 Fixed Income Symposium in October showed more market participants...
5 ETFs To Retire With In 2025
This article covers a five-ETF portfolio built to replace and beat out a traditional 60/40. This portfolio could be built by a DIY investor with ease. It would be simple to monitor and rebalance. The ...
BIL: With Interest Rates Declining, Consider Pairing Back Cash And T-Bills
T-bills have been outperforming due to Fed rate hikes but will likely underperform as rates decline, making them less attractive than most bonds. Investors overweight cash should consider pairing back...
Stashing Cash: BIL Has Competition Amid Fed Cuts (Rating Downgrade)
I have a hold rating on BIL due to balanced risks with richly priced US large-cap stocks and short-term Treasury bills yielding above 3.5%. BIL offers exposure to short-duration Treasury bills, provid...
Breakeven Federal Reserve Cuts For Short-Term And Variable Rate ETFs
Federal Reserve cuts will lead to lower dividend yields on ultra short-term and variable rate investments. Most of these trade with healthy spreads to comparable fixed-rate bonds. Breakevens vary thou...
Rates Spark: ECB Presser Bear-Flattened The Curve
The ECB cut rates by 25bp as widely anticipated, but a slightly hawkish tilt bear flattened the EUR curve, which in our view remains priced aggressively. In the US, as the markets head towards the Fed...
BIL: Prepare For Distribution Cuts
BIL ETF provides exposure to short-term U.S. Treasury Bills with high yields and stable prices. Rebalancing in August and September will likely lead to lower yields due to expected Fed rate cuts. BIL'...
If I Had To Retire Today, Here's How I'd Do It
Retirement strategies are not one-size-fits-all due to individual variables like nest egg size, lifestyle costs, and goals. Conventional retirement plans like real estate investing and the 4% rule hav...
BIL: Still Shines And Is Worth Holding
Fed maintains interest rates at 525 to 550 basis points, only planning one rate cut in 2024. SPDR Bloomberg 1-3 Month T-Bill ETF offers stability, 5.34% yield, and low expense ratio, making it a worth...
BIL: More Attractive Than Ever
The SPDR Bloomberg 1-3 Month T-Bill ETF remains an attractive investment with a high yield and low volatility. BIL's holdings consist solely of 1-3 month T-bills, making it a practically risk-free inv...
T-Bills, Gold And Macro Volatility
Amrita Roy and Rob Isbitts are bullish on T-bills and gold as defensive investments in the current macroeconomic environment.
3 ETFs To Avoid, And Their Replacements
Some of the larger, more well-known ETFs have significant drawbacks and stronger peers. These include HYG, BIL, and MORT. A quick explanation of the shortcomings of these ETFs, and some stronger alter...
BIL: T-Bills Are Good, But These Funds And Asset Classes Are Better
T-bills have become popular investments as yields have risen to 5.3%, and higher. Although t-bills are good investments, I think there are better ones. These include option strategies mimicking t-bill...
BIL: Still Too Early To Divest, But Keep Tabs On It
SPDR Bloomberg 1-3 Month T-Bill ETF is a hot topic of conversation amid an uncertain interest rate environment. The Federal Reserve's inaccuracy regarding future interest rates is stirring the pot. We...
More Big Changes To My Dividend Growth Portfolio
I have been actively reshaping my portfolio by selling off low-conviction holdings and focusing on high-growth compounders. I have reduced my holdings from roughly 90 to roughly 70 over the past 6 mon...
Worried About Big Tech, Stock Market Bubble? Own BIL Instead
The SPDR Bloomberg 1-3 Month Treasury Bill ETF offers a 5% annual yield and provides instant liquidity for traders and long-term investors. Considering higher-risk U.S. stock market dividend yields ar...
Estimating The Impact Of Lower Rates On Bond Fund Dividends
It generally takes a few years for changes in Federal Reserve rates to fully impact bond fund dividends. Bond funds are still benefitting from prior rate hikes. Perhaps by enough to cancel out any fut...
U.S. Weekly Fund Flows Insight Report: Equity ETFs, Conventional Funds Suffer Net Redemptions For The Fund Flows Week
Despite Federal Reserve officials putting the kibosh on interest rate cuts in March, U.S. indices hit new record highs during the Lipper fund flows week. The Dow and the S&P 500 posted their ninth and...
BIL: Yield Curve Steepening Indicates Low Rate Cut Risk
Treasury Bill ETF BIL is an excellent reward-for-risk asset with a yield above 5% and virtually no risk. The yield curve suggests prolonged higher interest rates, though a 75 bps cut is priced into th...
How I Beat The Market Again In 2023
I express frustration with the constant negativity surrounding the idea that beating the market is impossible for the average investor. I share my personal success in beating the market in 2023, with ...
BIL And The Inflation Outlook: Unpacking The December FOMC Meeting Minutes
The FOMC minutes reveal a focus on managing inflation and achieving long-term objectives. Participants view the policy rate as likely at or near its high, leaving the option for further hikes but with...
U.S. Weekly Fund Flows Insight Report: Large-Cap Equity ETFs Post Largest Weekly Inflow Since March 19, 2008
During LSEG Lipper's fund flows week that ended December 20, 2023, investors were overall net sellers of fund assets for the second straight week, removing a net $42.8 billion.
JAAA Vs. BIL: Which Is Best For Income Investors And Retirees?
JAAA is one of my top-income ETFs for more conservative, short-term investors. The fund is broadly similar to t-bills and BIL, with a higher yield, but a bit more volatility. A comparison of these two...