Summary
SGOV's Monthly Check on $250,000 Fell From $1,127 to $763 While the Fee Never Changed
If you parked $250,000 in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) in the summer of 2024, your August paycheck was roughly $1,127.
Cash Pays 3.8% and the Fed May Hike. This T-Bill Fund Pays the Same but Sends No Tax Bill Until You Sell
Investors parking cash in short-Treasury ETFs such as iShares 0-3 Month Treasury Bond ETF (NASDAQ:SGOV) collect a yield near 3.83%, matching the 13-week T-bill.
SGOV: Not What You Want, It's What You Need
SGOV stands out as a conservative, principal-protected cash alternative amid market volatility. SGOV's negligible interest rate risk and monthly distributions align with rising benchmark rates, offering an attractive 3.8% yield. Current macro uncertainty, steepened yield curve, and expensive equities/REITs reinforce SGOV's appeal for nimble capital deployment.
iShares 0-3 Month Treasury Bond ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 20,243 | $2.04M | $2.04M | $3,143.09 | 0.15% |
 Curtis Ellergodt Rothschild Investment LLC | 9,672 | $973,913.08 | $974,067.12 | $154.04 | 0.02% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 797,816 | $80.32M | $80.16M | -$151,589.35 | -0.19% |
| HL Howard Lu FIRST WILSHIRE SECURITIES MANAGEMENT Inc. | 1.09M | $109.46M | $109.4M | -$54,728.56 | -0.05% |
| SFH Sean F. Hanna Cambridge Associates LLC /MA/ /ADV | 244,364 | $24.61M | $24.57M | -$34,210.96 | -0.14% |
iShares 0-3 Month Treasury Bond ETF (SGOV) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has iShares 0-3 Month Treasury Bond ETF ever had a stock split?
iShares 0-3 Month Treasury Bond ETF Profile
| ARCA Exchange | US Country |
Overview
The described fund is a specialized investment vehicle focusing on short-term U.S. Treasury securities. Its investment strategy is twofold: firstly, to commit at least 80% of its assets to the securities that make up its target index, ensuring a high level of fidelity to the index's performance. Secondly, to allocate at least 90% of its assets specifically to U.S. Treasury securities, aligning with the investment objective of closely tracking the underlying index's returns. The target index is designed to measure the performance of U.S. Treasury obligations with a remaining maturity of up to three months, making this fund a potential choice for investors seeking exposure to short-term government debt instruments.
Products and Services
- U.S. Treasury Securities Investment
This product involves the fund investing primarily in U.S. Treasury securities, ensuring a conservative investment stance focused on government bonds. With at least 90% of its assets dedicated to such securities, the fund aims to offer investors a secure option, benefiting from the full faith and credit of the U.S. government. This focus on U.S. Treasuries is geared towards those seeking low-risk investment opportunities in government debt instruments.
- Index-Tracking Investment Strategy
The fund adopts an index-tracking investment approach, aiming to invest at least 80% of its assets in the securities that constitute its underlying index. This strategy is designed to mirror the performance of the target index, which tracks the U.S. Treasury obligations with remaining maturities of three months or less. By closely following the index, the fund strives to provide investors with returns that reflect short-term U.S. Treasury market movements, appealing to those interested in short-duration investments.
