Symbols

BILS

State Street SPDR Bloomberg 3-12 Month T-Bill ETF·ARCA

--(--)

Key Stats

Assets Under Management

3.84BUSD

Fund Flows (1Y)

564.85MUSD

Dividend Yield

4.08%

Discount/Premium to NAV

0.01%

Shares Outstanding

38.70M

Expense Ratio

0.14%

About State Street SPDR Bloomberg 3-12 Month T-Bill ETF

Issuer

State Street Global Advisors

Brand

SPDR

Home Page

https://www.ssga.com/us/en/intermediary/etfs/state-street-spdr-bloomberg-3-12-month-t-bill-etf-bils

Inception Date

Sep 23, 2020

Structure

Open-Ended Fund

Index Tracked

Bloomberg 3-12 Month U.S. Treasury Bill Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

SSgA Funds Management, Inc.

Distributor

State Street Corp. (Fund Distributor)

BILS provides exposure to US Treasurys with maturities between 3-12 months. As such, BILS takes on less interest rate risk. The fund invests in USD-denominated, fixed rate T-bills and completes the issuer's US Treasurys line-up consisting of bills, notes, and bonds. BIL is the shorter-term exposure with 1-3 months to maturity, SPTS at 1-3 years, SPTI at 3-10 years, and SPTL at 10 or more years to maturity. The underlying index is market value-weighted and undergoes a monthly rebalance.