F/m US Treasury 3 Month Bill Fund (TBIL) ETF Holdings & Analysis

What TBIL does

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.

Fund profile

Top holdings

Sector allocation

Geographic allocation

PortView Portfolio Insights

PortView analyzes how TBIL fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

Related securities

Related stocks

Frequently asked questions

What does TBIL track?

TBIL is the F/m US Treasury 3 Month Bill Fund, a Other ETF.

What is the expense ratio of TBIL?

Expense ratio data for TBIL is shown on the page when available from our data provider.

What are the largest holdings in TBIL?

Top holdings include United States Treasury Bill 11/27/2026, United States Treasury Bill 12/03/2026, Cash & Other.

How can PortView analyze TBIL overlap with other ETFs?

PortView computes the holdings overlap between TBIL and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.