US Treasury 3 Month Bill ETF (TBIL)
| Assets | $6.20B |
| Expense Ratio | 0.15% |
| PE Ratio | n/a |
| Shares Out | 124.25M |
| Dividend (ttm) | $2.09 |
| Dividend Yield | 4.19% |
| Ex-Dividend Date | Nov 3, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 1,369,819 |
| Open | 49.90 |
| Previous Close | 49.90 |
| Day's Range | 49.90 - 49.91 |
| 52-Week Low | 49.81 |
| 52-Week High | 50.04 |
| Beta | -0.00 |
| Holdings | 5 |
| Inception Date | Aug 9, 2022 |
About TBIL
Fund Home PageThe US Treasury 3 Month Bill ETF (TBIL) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 3-month US Treasury Bill. The fund is designed for those specifically required to track the 3-month tenor on the yield curve. TBIL was launched on Aug 9, 2022 and is issued by F/m Investments.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 3, 2025 | $0.15578 | Nov 4, 2025 |
| Oct 1, 2025 | $0.16392 | Oct 2, 2025 |
| Sep 2, 2025 | $0.1736 | Sep 3, 2025 |
| Aug 1, 2025 | $0.17284 | Aug 4, 2025 |
| Jul 1, 2025 | $0.18807 | Jul 2, 2025 |
| Jun 2, 2025 | $0.17523 | Jun 3, 2025 |
Performance
TBIL had a total return of 4.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.65%.
News
The Laziest Way To Put Your Cash To Work: TBIL
The F/m US Treasury 3 Month Bill ETF offers a simple, highly liquid way to park cash and earn a yield above checking accounts. TBIL is nearly identical to other short-term Treasury ETFs, with low dura...
From The Discount Rack To Your Portfolio: Two 8%+ Yielders
The chances for a notable correction are certainly not low. Going into richly priced and growth-focused names might not be the smartest idea. Yet, sitting on sidelines might come with some serious opp...
F/m Investments Launches Ultrashort Muni Bond ETF ZMUN
F/m Investments has added a new ETF to its roster, with the full debut of its new ultrashort muni bond ETF, listed on the Nasdaq. The shop, which announced the fund as the first muni bond ETF to offer...
TBIL: The Fed Has Cut, What Is Next (Rating Downgrade)
The US Treasury 3 Month Bill ETF (TBIL) offers automated exposure to short-term T-Bills, closely tracking the front end of the yield curve. Following the Fed's recent 25 bps rate cut, TBIL's yield wil...
TBIL: Nevermind The Lower Rate Outlook
F/m US Treasury 3 Month Bill ETF prospects seem sound. Lower implied rates and issuance volume present headwinds, but forward-looking real yields are currently very attractive. TBIL offers strong coll...
TBIL: It May Be Time To Rotate Into Longer Dated Bonds
TBIL offers ultrashort US Treasury exposure, closely tied to Fed rate policy, making it sensitive to upcoming interest rate decisions. Current economic data is mixed, with strong GDP but rising inflat...
F/m Investments Selected as Finalist for 2025 MMI/Barron's Asset Manager of the Year Award
WASHINGTON--(BUSINESS WIRE)--F/m Investments (“F/m”), an $18 billion investment firm and innovative provider of exchange-traded funds (ETFs), today announced the firm has been selected by MMI/Barron's...
TBIL: Capital Preservation And Optionality
Given persistent inflation, geopolitical tensions, and uncertain rate direction, I find short-term US Treasury bills like TBIL attractive for capital preservation. Stagflation risk and unclear Fed pol...
TBIL: T-Bills And Chill?
TBIL ETF offers a safe, flexible investment with modest returns, crucial during market turmoil caused by Trump's tariff plans. Treasury bill yields are tied to Fed rates, which may drop if tariffs lea...
My BDC Portfolio And The Strategy For Alpha Going Forward
This is my first BDC portfolio monthly performance review article. The good news is that the portfolio has done its job, outperforming the two BDC benchmarks - PBDC and BIZD. Yet, on an absolute basis...
Two different ways to craft a better credit portfolio
Jeffrey Katz, TCW managing director, sits down with CNBC's Bob Pisani on 'ETF Edge' to highlight how TCW's flexible income ETF works and why now is the time for investor to increase their allocation t...
F/m Investments' TBIL Surpasses $5 Billion in AUM as Total ETF AUM Exceeds $7 Billion in Under 3 Years
WASHINGTON--(BUSINESS WIRE)--F/m Investments ("F/m"), a $17 billion investment firm and innovative provider of exchange-traded funds (ETFs), today announced that the US Treasury 3 Month Bill ETF (Tick...
My BDC Portfolio To Beat The Index And Generate Durable Income
In this article I have elaborated on my actual BDC portfolio. The objective of this portfolio is to beat the BDC-specific indices/ETFs and capture durable base dividends. The portfolio is optimized ac...
TBIL Vs. BIL: Here's How To Incorporate Short-Term Treasuries
I compare TBIL and BIL short-term Treasury Bill investments to determine the best option based on yield and liquidity. I filter investments by evaluating their performance, risk, and alignment with yo...
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 ...
TBIL: Still Worth Holding Even Though The Rate Cutting Cycle Has Begun
Warren Buffett highlighted in the company's AGM that he sees accumulating cash and cash equivalents as a more favorable option than investing in additional stocks. Warren Buffett prefers building cash...
F/m's TBIL Surpasses $4 Billion in Just Two Years Amid Growing Demand for Treasury ETFs
WASHINGTON--(BUSINESS WIRE)--F/m Investments LLC (“F/m”) announces The US Treasury 3 Month Bill ETF (Ticker: TBIL) has crossed the $4 billion threshold in assets. This milestone comes just after TBIL'...
TBIL: Short Term Fund Outperforming Peers
The US Treasury 3 Month Bill ETF is a fixed income exchange-traded fund. TBIL fund composition includes only AAA rated T-Bills with 30-day SEC yield of 5.11%. TBIL has slightly edged out similar funds...
Harvest ETFs Announces Final May 2024 Cash Distribution for the Harvest Canadian T-Bill ETF
OAKVILLE, Ontario--(BUSINESS WIRE)--Harvest Portfolios Group Inc. (“Harvest”) announces the final May 2024 cash distribution for the following distribution for the Harvest Canadian T-Bill ETF for the ...
Navigating The Yield Curve With TBIL: The Case For Short-Term Bonds Remains
The Fed meeting went as expected, with no major changes in policy. The short-end of the bond market remains attractive. Fed Chair Jerome Powell emphasized the focus on managing inflation and maintaini...
TBIL Hits Three Bil: The US Treasury 3 Month Bill ETF (TBIL) Surpasses $3 Billion in Assets
WASHINGTON--(BUSINESS WIRE)--F/m Investments LLC (“F/m”) announces The US Treasury 3 Month Bill ETF (Ticker: TBIL) has crossed the $3 billion threshold in assets, highlighting investors' demand for in...
TBIL: The Way To Play Higher For Longer
The US Treasury 3 Month Bill ETF has raised nearly $3 billion in assets due to its transparency, liquidity, and ease of access. TBIL offers exposure to short-term US Treasury Bills with a maturity per...
U.S. Weekly FundFlows Insight Report: Equity ETFs Attract Net New Money During The Flows Week
Fund investors were net purchasers of fixed income funds (+$3.9 billion), commodity funds (+$220 million), and alternatives funds (+$68 million). For the week, the Treasury yield rose at the long end ...
U.S. Weekly FundFlows Insight Report: Equity ETFs Suffer First Weekly Redemption In 15 Weeks - Conventional Equity Funds Witness Their Hundredth Week Of Net Redemptions
U.S. Weekly FundFlows Insight Report: Equity ETFs Suffer First Weekly Redemption In 15 Weeks - Conventional Equity Funds Witness Their Hundredth Week Of Net Redemptions
TBIL: Fed Pivoting Away From 'Higher For Longer'; Investors Should Look For Exit (Rating Downgrade)
Downgrading US Treasury 3 Month Bill ETF from a buy to a hold due to changing macroeconomic developments. The Federal Reserve has shifted its messaging, hinting at potential interest rate cuts in 2024...
Michael Gayed On Credit Event Phases And The Fed's Unprecedented Moves
Michael Gayed predicts a credit event in the market and warns of longer-term concerns around U.S. debt trajectory. He discusses the disconnects in the AI mania and inter-market dynamics.
An Extremely Important Week Of Data; Understanding Technical Analysis
T-Bills yielding over 5%, changing sentiment and understanding market technicals. U.S. debt a significant concern, potentially limiting the market's growth.
TBIL: Cash Is King In A Liquidity Constrained Market
'Cash' instruments like the US Treasury 3 Month Bill ETF have outperformed other assets since July 31, 2023. This is partly because the Treasury's funding requirements have been higher than expected, ...
The Stock Market Is Starting To Gradually Roll Over
Why the stock market has been resilient; T-Bills' tough competition and bright spots in oil and uranium. Rob Isbitts believes that increasing debt levels, including student debt and credit card debt, ...
"Opportunistic" in fixed income?
ETF Edge, September 11, 2023 » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analy...
TBIL: Primary Component In A Barbell Strategy
Barbell strategy involves splitting investments into low-risk and high-risk segments for balance between safety and growth. The current market environment is in uncharted waters, is narrative-driven, ...
5.2% Yielding TBIL Is A Far Better Choice Than EDV, TLT, Or ZROZ
The US Treasury 3 Month Bill ETF is a relatively new offering that tracks the returns of the ICE BofA US 3-Month Treasury Bill Index. TBIL has a current yield of 5.20% and has outperformed its benchma...
F/m Investments' US Benchmark Series Named Finalist for WealthManagement.com's 2023 ‘Best ETFs' Award
BOSTON--(BUSINESS WIRE)--F/m Investments LLC (“F/m”), a wholly owned subsidiary of Diffractive Managers Group, is proud to announce its US Benchmark Series is a finalist for WealthManagement.com's ‘Bes...
The US Treasury 3 Month Bill ETF (TBIL) surpasses $1 billion in assets
BOSTON--(BUSINESS WIRE)--F/m Investments LLC (“F/m”), a wholly owned subsidiary of Diffractive Managers Group, announces The US Treasury 3 Month Bill ETF (Ticker: TBIL) has crossed the $1 billion thre...
TBIL: Crisis Averted; Upgrade To Buy
The Fiscal Responsibility Act of 2023 has suspended the US debt ceiling until January 1, 2025, reducing concerns of a 'technical default' on treasury bills. The US Treasury 3 Month Bill ETF is recomme...
The 10 Best High-Yield Monthly Paying ETFs You've Never Heard Of
Recession is almost certainly coming, likely within 1 to 2 months. Stocks are likely to fall 15% to 30%, and possibly as much as 45% if the United States defaults on its debt in 3 to 4 weeks.
US Benchmark Series ETF Wins ETF.com Award
BOSTON--(BUSINESS WIRE)--The US Benchmark Series, a brand of F/m Investments (“F/m”), announces US Treasury 3 Month Bill ETF (TBIL) has won the ETF.com Award for Best New ETF. The US Benchmark Series ...
TBIL: How Will Debt Ceiling Impact Treasury Bills?
TBIL: How Will Debt Ceiling Impact Treasury Bills?.
TBIL: The Case For Cash
TBIL ETF provides investment returns of owning 3-month treasury bills. It is currently yielding an annualized 4.3%.
Treasury ETFs easier to buy than Treasury notes, says F/M Investments' Alex Morris
Alex Morris, chief investment officer at F/M Investments, joins 'Power Lunch' to discuss volatility and positive yields in Treasurys, and the benefits of the Treasury ETFs.