BILS - GBIL: T-Bills At Your Convenience
2024-05-30 16:28:59 ET
Summary
- Goldman Sachs Access Treasury 0-1 Year ETF offers convenience for investors seeking exposure to Treasury Bills without the hassle of buying directly from Treasury Direct.
- The GBIL ETF tracks the performance of the FTSE US Treasury 0-1 Year Composite Select Index and provides exposure to safe and stable short-term U.S. government debt.
- The fund has over $5 billion in assets and offers a 30-Day SEC Yield of about 5.16%, making it an appealing option for investors seeking yield with no default risk.
Exchange-traded funds ("ETFs") are all about convenience. Countless people want to, and have been, buying up Treasury Bills given their yield by going direct to Treasury Direct. The problem with this? It’s a bit of a hassle. So why not just get access to a fund that does that for you from your existing broker?...
GBIL: T-Bills At Your Convenience