Vanguard 0-3 Month Treasury Bill ETF

Frequently Asked Questions About VBIL

What are the top holdings of VBIL?

Vanguard 0-3 Month Treasury Bill ETF holds 27 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.

How many holdings does VBIL have?

VBIL holds 27 positions as reported by the fund's most recent disclosure.

What sectors does VBIL invest in?

Vanguard 0-3 Month Treasury Bill ETF (VBIL) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.

What sector is VBIL most exposed to?

VBIL's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.

Is VBIL a US-only fund?

The country allocation card on this page shows VBIL'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 VBIL invest in?

The Vanguard 0-3 Month Treasury Bill ETF (VBIL) aims to replicate the performance of a market-value-weighted Treasury index characterized by a very short dollar-weighted average maturity. This passively managed fund specifically targets the Bloomberg US Treasury Bills 0-3 Months Index. This benchmark consists of U.S. Treasury Bills that mature within three months, deliberately excluding inflation-protected bonds, floating rate securities, and certain other types of debt. Rather than holding every component, VBIL employs a sampling approach, investing in a selection of securities designed to mirror the comprehensive index's risk factors and overall profile. Ordinarily, the fund commits at least 80%—and typically all—of its assets to either the index's constituent securities or to other investments that the advisor deems economically equivalent. To ensure accurate index tracking, the fund may also utilize debt instruments not explicitly part of the index, cash, cash equivalents, or various money market instruments like repurchase agreements and money market funds (including those affiliated with the advisor). A primary objective is to maintain a dollar-weighted average maturity consistent with the index, which is typically less than three months under normal market conditions.