Invesco Short Term Treasury ETF

TBLL

Market cap $2.22B

TBLL is best used as a short-term parking place for cash, offering safety, liquidity, and modest income with minimal credit and interest rate risk. The ETF closely tracks short-term US Treasuries, providing near-zero credit risk and low interest rate risk, making it suitable for capital preservation. Management fees are reasonable, trading liquidity is sufficient for retail investors, and spreads are minimal, making the Fund cost-effective for its intended use.

TBLL provides exposure to short-duration government bonds with 5+% yield, low volatility, and no credit risk. The fund replicates the ICE US Treasury Short Bond Index, maintaining Treasury bill yield with minimal capital risk for a low management fee. TBLL offers a transparent, low-cost, and liquid option for investors seeking low-risk exposure to short-term US Treasuries, providing protection from adverse interest rate movements.

The Invesco Short Term Treasury ETF is a fixed income exchange-traded fund that invests in US Treasury obligations with a maximum remaining term to maturity of 12 months. Short dated funds with longer duration are recommended to capture higher short rates until the Fed starts cutting. JPMorgan expects the Fed to make its first rate cut in June, and TBLL is a safe choice with no credit risk and a positive duration trait.