- What are the top holdings of TBIL?
- F/m US Treasury 3 Month Bill Fund holds 6 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does TBIL have?
- TBIL holds 6 positions as reported by the fund's most recent disclosure.
- What sectors does TBIL invest in?
- F/m US Treasury 3 Month Bill Fund (TBIL) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is TBIL most exposed to?
- TBIL's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is TBIL a US-only fund?
- The country allocation card on this page shows TBIL's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does TBIL invest in?
- TBIL is part of the first single-bond ETF suite. The fund is a tool used in portfolio management. The fund tracks an index that holds just the on-the-run 3-month US T-Bills, which are the most recently issued and most liquid. The index purchases a single issue which will be held for a full month. At each month-end rebalancing, the underlying issue is sold and rolled into a newly selected issue, given that there has been a new public sale or auction by the US Government for 3-month T-Bills. The fund pays transaction costs when it buys and sells securities. These costs are not reflected in the annual fund operating expenses and should be expected. The fund will experience a very high turnover. This may result in higher taxes, as compared to other ETFs, if the shares are held in a taxable account. Prior to April 7, 2025, the fund tracked the ICE BofA US 3-Month Treasury Bill Index. Effective July 1, 2025, the fund added F/m to its name, and on February 10, 2026, replaced ETF with fund.
