US Treasury 12 Month Bill ETFOBIL
OBIL
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
24% more capital invested
Capital invested by funds: $128M [Q2] → $159M (+$30.8M) [Q3]
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
4% more funds holding
Funds holding: 49 [Q2] → 51 (+2) [Q3]
2.71% more ownership
Funds ownership: 60.3% [Q2] → 63.01% (+2.71%) [Q3]
6% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 16
100% less funds holding in top 10
Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for OBIL.
Financial journalist opinion
Positive
Seeking Alpha
10 months ago
OBIL: When Sitting In Cash Is A Hedge
OBIL offers an attractive “cash-like” alternative to traditional hedges, given the current high yield environment and expectations of future Fed rate cuts. The start of the Fed tightening cycle has suppressed volatility and traditional hedging strategies, with traditional hedges (options, inverse funds) performing poorly. The US Treasury 12 Month Bill ETF offers a high duration and a better hedge compared to buying a 1-year T-Bill outright.
Neutral
Seeking Alpha
1 year ago
OBIL: Good Vehicle But Duration Makes More Sense
The US Treasury 12 Month Bill ETF allows investors to access T-Bills without opening an account with the Treasury. The OBIL ETF provides consistent income with low volatility through its focus on the on-the-run 12-month T-Bill. The fund offers stable returns, high liquidity, and zero credit risk, but is susceptible to interest rate risk and lacks diversification.
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