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F/m US Treasury 3 Month Bill Fund - ETF Class Shares (TBIL)

Ultrashort Bond | Exchange Traded Fund | NasdaqGM
49.93 USD
After hours: 49.93 0.00 (0.000%) ⇩ (July 13, 2026, 7:59 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★⯪☆☆
Hot Take | July 11, 2026, 4:56 a.m. EDT

This instrument is a static yield vehicle, not a dynamic investment opportunity. The price has been virtually flat for two years, with the most recent annual return showing a slight decline (-0.02%). While the dividend yield of 4.12% is attractive, it is entirely dependent on the Fed maintaining high short-term rates; there is no capital appreciation potential here. The options market confirms this stagnation, with zero meaningful speculative interest. For investors seeking income, this works only if rates stay elevated; for growth or momentum strategies, it offers nothing.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_21 ✓0.000556
AutoTheta0.000733
AutoETS0.000735
AutoARIMA0.000748
MSTL0.000753

Forecast horizon: 60 days | Selected: MSTL_21

Forecast Reliability
Score 84%
H-stat 0.94
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 0.88

As of July 11, 2026, 4:56 a.m. EDT: Options activity is extremely thin with negligible volume and open interest across all expirations. The lack of significant positioning at strikes above or below the current price suggests a complete absence of speculative directional bets. Implied volatility is low, indicating a market expecting minimal price movement.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.29% 3.74% 4.51%
Dividend History
Date Dividend Yield %
2026-06-29 0.147 0.294885
2026-05-28 0.147 0.294885
2026-04-28 0.147 0.294885
2026-03-30 0.147 0.294826
2026-02-26 0.150 0.300963
2026-01-29 0.155 0.310933
2025-12-30 0.153 0.306736
2025-12-02 0.152 0.304731
2025-11-03 0.156 0.312876
2025-10-01 0.164 0.328987
2025-09-02 0.174 0.349047
2025-08-01 0.173 0.347146
2025-07-01 0.188 0.377358
2025-06-02 0.175 0.351053
2025-05-01 0.173 0.347111
2025-04-01 0.173 0.347111
2025-03-03 0.173 0.347041
2025-02-03 0.174 0.348907
2024-12-30 0.181 0.363162
2024-12-02 0.184 0.369107
2024-11-01 0.187 0.375050
2024-10-01 0.206 0.413240
2024-09-03 0.215 0.431380
2024-08-01 0.218 0.437487
2024-07-01 0.218 0.437663
2024-06-03 0.219 0.439406
2024-05-01 0.218 0.437487
2024-04-01 0.219 0.439494
2024-03-01 0.219 0.439318
2024-02-01 0.220 0.441147
2023-12-27 0.219 0.439494
2023-12-01 0.221 0.443152
2023-11-01 0.222 0.445247
2023-10-02 0.221 0.443241
2023-09-01 0.220 0.440970
2023-08-01 0.217 0.435131
2023-07-03 0.216 0.432779
2023-06-01 0.209 0.418922
2023-05-01 0.198 0.396953
2023-04-03 0.181 0.362653
2023-03-01 0.188 0.377131
2023-02-01 0.182 0.364949
2022-12-28 0.087 0.174541
2022-12-16 0.085 0.170409
2022-12-01 0.075 0.150361
2022-11-16 0.075 0.150451
2022-11-01 0.073 0.146469
2022-10-17 0.044 0.088229
2022-10-03 0.109 0.218393
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 4.12

Info Dump

Attribute Value
All Time High 50.1
All Time Low 49.765
Ask 49.93
Ask Size 411
Average Daily Volume10 Day 2,149,240
Average Daily Volume3 Month 1,928,832
Average Volume 1,928,832
Average Volume10Days 2,149,240
Beta3 Year 0.0
Bid 49.92
Bid Size 188
Category Ultrashort Bond
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 49.93
Day Low 49.92
Dividend Yield 4.12
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 49.9136
Fifty Day Average Change 0.016399384
Fifty Day Average Change Percent 0.0003285554
Fifty Two Week Change Percent 0.08018017
Fifty Two Week High 50.02
Fifty Two Week High Change -0.09000015
Fifty Two Week High Change Percent -0.0017992833
Fifty Two Week Low 49.83
Fifty Two Week Low Change 0.099998474
Fifty Two Week Low Change Percent 0.0020067925
Fifty Two Week Range 49.83 - 50.02
First Trade Date Milliseconds 1,660,051,800,000
Full Exchange Name NasdaqGM
Fund Family F/m Investments LLC
Fund Inception Date 1,659,916,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary Under normal market conditions, F/m Investments LLC (the “Adviser”) seeks to achieve the fund’s investment objective by investing at least 80% of the fund’s net assets (plus any borrowings for investment purposes) in the component securities of the underlying index. The index is comprised of a single issue purchased at the beginning of the month and held for a full month.
Long Name F/m US Treasury 3 Month Bill Fund - ETF Class Shares
Market us_market
Market State PREPRE
Max Age 86,400
Message Board Id finmb_1792786900
Nav Price 49.9077
Net Assets 7,079,277,100.0
Net Expense Ratio 0.15
Open 49.92
Phone (302) 791-1851
Post Market Change -0.00020217896
Post Market Change Percent -0.0004049248
Post Market Price 49.9298
Post Market Time 1,783,987,199
Previous Close 49.93
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.0
Regular Market Change Percent 0.0
Regular Market Day High 49.93
Regular Market Day Low 49.92
Regular Market Day Range 49.92 - 49.93
Regular Market Open 49.92
Regular Market Previous Close 49.93
Regular Market Price 49.93
Regular Market Time 1,783,972,800
Regular Market Volume 952,493
Short Name F/m US Treasury 3 Month Bill Fu
Source Interval 15
Symbol TBIL
Three Year Average Return 0.0459153
Total Assets 7,079,277,056
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 0.88613
Trailing Three Month Returns 0.88613
Triggerable 1
Two Hundred Day Average 49.928825
Two Hundred Day Average Change 0.0011749268
Two Hundred Day Average Change Percent 0.000023532033
Type Disp ETF
Volume 952,493
Yield 0.041199997
Ytd Return 1.74906