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BIL Fund Description
The SPDR Bloomberg Barclays 1-3 Month T-Bill ETF 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 FactSet Analytics Insight
BIL’s take on ultra-short-term Treasurys is entirely valid even if it doesn’t conform to our view of the space. The fund invests in Treasury bills with three months or less to maturity, in contrast with our benchmark that covers Treasurys with 1-12 months remaining to maturity. As such, BIL takes on less interest rate risk and offers lower yields. Safety has a price: In a low-interest rate environment, costs for this cashlike vehicle may exceed the yield. (Retail investors should consider FDIC-insured CDs as a conservative alternative or SHV as a relatively more aggressive alternative).
Still, investors who buy BIL won't be alone: the fund has a hefty asset base. It tracks its index very tightly and trades well, holding the line on costs as best it can. BIL lands on the Opportunities List for cashlike safety at low cost.
BIL MSCI ESG Fund metrics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of July 20, 2017 the SPDR Bloomberg Barclays 1-3 Month T-Bill ETF MSCI ESG Fund Quality Score is 6.86 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. BIL ranks in the 86th percentile within its peer group and in the 92nd percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
BIL Top 10 Countries
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BIL Top 10 Holdings
BIL Summary Data
BIL Portfolio Data
BIL Index Data
Related ETFs to BIL
BIL Portfolio Management
BIL Tax Exposures
BIL Fund Structure
BIL FactSet Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of BIL. BIL is rated a 5 out of 5.