Business mix
- 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.
- The fund gives investors fixed income / ultrashort bond exposure through a listed ETF structure.
- It tracks the Bloomberg US Treasury - Bills (1-3 M) index and is issued by State Street.
- Portfolio breadth and cost are visible in 19 holdings and a 0.14% expense ratio.
Current key questions
- Does the fund's index exposure, fees, liquidity, and tracking quality fit the role investors expect it to play?
- How concentrated is the portfolio by issuer, sector, country, factor, or duration risk?
- Can flows, spreads, and market structure affect trading costs during volatile periods?
