BIL: SPDR® Bloomberg Barclays 1-3 Month T-Bill ETF - MutualFunds.com
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SPDR® Blmbg Barclays 1-3 Mth T-Bill ETF

BIL - Snapshot

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 1.3%
  • 5 Yr Annualized Return 1.0%
  • Net Assets $12.4 B
  • Holdings in Top 10 84.0%

52 WEEK LOW AND HIGH

$91.50
$91.49
$91.56

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.14%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification


Compare BIL to Popular U.S. Ultrashort Bond Duration Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$10.03

0.00%

$19.85 B

0.74%

$0.07

-0.10%

0.30%

$10.07

0.00%

$18.34 B

1.14%

$0.11

0.00%

0.20%

$10.10

0.00%

$17.09 B

0.72%

$0.07

0.00%

0.30%

$50.73

+0.01%

$16.41 B

-

-

-0.12%

0.22%

BIL - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 1.3%
  • 5 Yr Annualized Total Return 1.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.96%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    SPDR® Bloomberg Barclays 1-3 Month T-Bill ETF
  • Fund Family Name
    SPDR State Street Global Advisors
  • Inception Date
    May 25, 2007
  • Shares Outstanding
    135544503
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Todd Bean

Fund Description

The fund invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index measures the performance of public obligations of the U.S. Treasury that have a remaining maturity of greater than or equal to 1 month and less than 3 months.


BIL - Performance

Return Ranking - Trailing

Period BIL Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -0.8% 13.5% 54.24%
1 Yr 0.0% -0.9% 30.3% 98.71%
3 Yr 1.3%* -0.2% 3.3% 95.26%
5 Yr 1.0%* 0.5% 5.0% 95.72%
10 Yr 0.5%* 0.0% 2.2% 95.69%

* Annualized

Return Ranking - Calendar

Period BIL Return Category Return Low Category Return High Rank in Category (%)
2020 0.1% -3.1% 1.8% 60.96%
2019 0.0% -1.2% 2.5% 87.26%
2018 0.1% -2.5% 0.4% 7.53%
2017 100.0% -2.0% 100.0% 0.60%
2016 0.0% -1.4% 900.0% 75.00%

Total Return Ranking - Trailing

Period BIL Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -0.8% 13.5% 53.81%
1 Yr 0.0% -4.6% 30.3% 96.57%
3 Yr 1.3%* -0.5% 3.3% 90.52%
5 Yr 1.0%* 0.0% 5.0% 93.05%
10 Yr 0.5%* 0.0% 2.2% 93.97%

* Annualized

Total Return Ranking - Calendar

Period BIL Return Category Return Low Category Return High Rank in Category (%)
2020 0.1% -3.1% 1.8% 60.96%
2019 0.0% -1.2% 2.5% 87.26%
2018 0.1% -51.1% 2.0% 15.59%
2017 0.0% -2.0% 2.7% 57.74%
2016 0.0% -1.4% 900.0% 75.00%

BIL - Holdings

Concentration Analysis

BIL Category Low Category High BIL % Rank
Net Assets 12.4 B 24.7 K 19.9 B 13.45%
Number of Holdings 14 1 1496 96.20%
Net Assets in Top 10 10.4 B -193 M 10.5 B 0.84%
Weighting of Top 10 83.98% 0.0% 100.0% 3.85%

Top 10 Holdings

  1. United States Treasury Bills 0.01% 11.64%
  2. United States Treasury Bills 0.01% 11.37%
  3. United States Treasury Bills 0.01% 10.80%
  4. United States Treasury Bills 0.01% 10.71%
  5. United States Treasury Bills 0.01% 10.64%
  6. United States Treasury Bills 0.01% 10.53%
  7. United States Treasury Bills 0.01% 10.44%
  8. United States Treasury Bills 0.01% 9.87%
  9. United States Treasury Bills 0.01% 9.73%
  10. United States Treasury Bills 0.01% 9.72%

Asset Allocation

Weighting Return Low Return High BIL % Rank
Cash
100.00% 0.00% 100.00% 0.42%
Stocks
0.00% 0.00% 19.46% 11.39%
Preferred Stocks
0.00% 0.00% 0.00% 4.22%
Other
0.00% -11.64% 9.16% 12.24%
Convertible Bonds
0.00% 0.00% 14.75% 72.15%
Bonds
0.00% 0.00% 100.00% 97.05%

BIL - Expenses

Operational Fees

BIL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.14% 0.08% 14.74% 98.25%
Management Fee 0.13% 0.00% 1.19% 7.11%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

BIL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.50% N/A
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

BIL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

BIL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 303.00% N/A

BIL - Distributions

Dividend Yield Analysis

BIL Category Low Category High BIL % Rank
Dividend Yield 0.02% 0.00% 0.94% 15.48%

Dividend Distribution Analysis

BIL Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

BIL Category Low Category High BIL % Rank
Net Income Ratio 0.96% -0.20% 3.05% 89.22%

Capital Gain Distribution Analysis

BIL Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

BIL - Fund Manager Analysis

Managers

Todd Bean


Start Date

Tenure

Tenure Rank

May 25, 2007

13.86

13.9%

Todd Bean, CFA, is a Vice President of SSGA and SSGA FM and Head of U.S. Traditional Cash Strategies in the U.S. Cash Management Group within the Global Fixed Income, Cash and Currency Team. He began his career at State Street Corporation in 1999, joining the firm as an analyst in the firm's custody and accounting area. Following a period on the cash operations staff, Mr. Bean joined the Cash Management Group as a portfolio manager in 2004. He received Bachelor's degrees in Economics and Government from St. Lawrence University and a Master of Science in Finance from Northeastern University. He has earned the Chartered Financial Analyst (CFA) designation and is a member of CFA Society Boston, Inc.

Sean Lussier


Start Date

Tenure

Tenure Rank

Oct 31, 2016

4.42

4.4%

Sean Lussier is a Vice President of SSGA and SSGA FM and a Senior Portfolio Manager in the North America Cash Management Group within the Global Fixed Income, Cash and Currency Team. He has experience in managing registered taxable and tax-exempt money market funds, as well as US and Canada domiciled separately managed cash and securities lending mandates. He has also been a member of the Global Fixed Income Beta Solutions Group and was responsible for the transition and management of several Canadian Passive Fixed Income strategies. Prior to joining SSGA, Mr. Lussier worked as an Account Manager at State Street Bank &Trust where his primary responsibilities were the custody and accounting operations of the SSGA Money Market and Securities Lending Collateral accounts. He holds a Bachelor of Science degree from Massachusetts College of Liberal Arts.

April Borawski


Start Date

Tenure

Tenure Rank

Oct 31, 2019

1.42

1.4%

April Borawski is a Principal of SSGA and the Adviser and a Portfolio Manager in the Global Fixed Income, Cash and Currency Team. As a member of the Cash Management Group, she focuses on rates portfolios. Previously, Ms. Borawski worked as a fixed income portfolio specialist where she served as a subject matter expert by providing clients, prospects and consultants with time sensitive information about the investment philosophy, process, and performance of specific global fixed income products. Prior to joining SSGA in 2015, Ms. Borawski was a member of State Street's Professional Development Program, focusing on data and analytics. She received a Bachelor of Science degree in International Business from Northeastern University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 31.27 5.8 5.14