(BIL) Bloomberg 1-3 Month T-Bill - Overview
Etf: T-Bills, One-To-Three-Month
Dividends
| Dividend Yield | 4.44% |
| Yield on Cost 5y | 4.76% |
| Yield CAGR 5y | 45.06% |
| Payout Consistency | 41.0% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 1.19% |
| Relative Tail Risk | 2.06% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.31 |
| Alpha | 0.03 |
| Character TTM | |
|---|---|
| Beta | -0.001 |
| Beta Downside | -0.001 |
| Drawdowns 3y | |
|---|---|
| Max DD | 0.02% |
| CAGR/Max DD | 218.60 |
Description: BIL Bloomberg 1-3 Month T-Bill January 28, 2026
The SPDR® Bloomberg 1-3 Month T-Bill ETF (BIL) commits at least 80 % of its net assets to Treasury securities that mature between one and three months, plus any additional securities the adviser judges to be economically equivalent to those index components.
Key up-to-date metrics (as of January 2026):
• Expense ratio = 0.14 % (consistent with peer ultrashort-bond ETFs).
• Assets under management ≈ $10.2 billion, reflecting a 12 % inflow over the past 12 months.
• 30-day SEC yield ≈ 5.12 %, tracking the current 1-month Treasury bill rate.
• Weighted average maturity ≈ 1.8 months, giving the fund a near-zero effective duration.
Primary economic drivers of BIL’s performance are the Federal Reserve’s policy rate and short-term Treasury yields. With the Fed funds target currently at 5.25-5.50 % and market expectations for a rate-cut cycle modest (≈25 bps over the next six months), BIL’s yield is closely tied to the 1-month T-bill auction results and inflation-linked breakeven rates, which have stabilized around 2.2 % YoY.
For a deeper, data-driven comparison of BIL against other money-market alternatives, you might explore the analytics platform ValueRay to see how its risk-adjusted return profile stacks up under different rate-scenario assumptions.
What is the price of BIL shares?
Over the past week, the price has changed by +0.07%, over one month by +0.31%, over three months by +0.94% and over the past year by +4.10%.
Is BIL a buy, sell or hold?
What are the forecasts/targets for the BIL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 101 | 10.4% |
BIL Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 42.63b USD (42.63b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 42.63b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 42.63b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 5.91% (E(42.63b)/V(42.63b) * Re(5.91%) + (debt-free company))
Discount Rate = 5.91% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)