T. Rowe Price Acquires $19 Billion F/m Investments
Leading asset managers T. Rowe Price announced the acquisition of $19 billion F/m Investments in a press release Thursday afternoon.
Your Broker Is Pocketing the Yield on Your Idle Cash. This ETF Hands You Roughly 4%
Every large brokerage offers an idle cash sweep, and most pay well under 1%. Schwab's bank sweep, Fidelity's FCASH, Merrill Edge's cash program, and comparable vehicles at other firms funnel uninvested balances into affiliated or partner banks that earn the full short-term rate and pass along a small fraction.
Why Investors Are Eyeing Short & Long U.S. Treasury ETFs
Considering where bond yields sit, along with geopolitical pressures and potential policy from the Fed, there are plenty of ways for advisors and investors to play the fixed income market at the moment. This is certainly true for U.S. Treasury ETFs, as well.
What Advisors Should Know About the ETF/Mutual Fund Convergence
The convergence of ETFs, mutual funds, and tokenization is gaining momentum as asset managers look for ways to modernize product structures, expand distribution, and future-proof their businesses without abandoning established regulatory frameworks.
Filing for Tokenized ETF Shares Highlights Market Innovation
One of the investment trends of 2025 that could continue proliferating in 2026 is real-world asset (RWA) tokenization, and it could see greater adoption in the ETF marketplace. F/m Investments, an innovator of ETF products since 2018, announced that they filed an exemptive application with the U.S.
TBIL: Risk-Free Rate Exposition
F/m US Treasury 3 Month Bill ETF (TBIL) offers direct, low-risk exposure to short-term US Treasury yields, closely tracking the 3-month bill rate. TBIL's yield is highly sensitive to Federal Reserve rate changes, with recent cuts reducing its carry and dividend growth rate. The ETF's 0.15% expense ratio is higher than peers like SGOV (0.09%) and VBIL (0.07%), impacting net returns.
F/m Investments Launches Ultrashort Muni Bond ETF ZMUN
F/m Investments has added a new ETF to its roster, with the full debut of its new ultrashort muni bond ETF, listed on the Nasdaq. The shop, which announced the fund as the first muni bond ETF to offer an ultrashort approach, officially launched ZMUN, the Ultrashort Municipal Bond ETF, on Wednesday.
TBIL: The Fed Has Cut, What Is Next (Rating Downgrade)
The US Treasury 3 Month Bill ETF (TBIL) offers automated exposure to short-term T-Bills, closely tracking the front end of the yield curve. Following the Fed's recent 25 bps rate cut, TBIL's yield will decrease, mirroring future Fed Funds rate movements almost one-for-one. TBIL remains a reliable cash parking vehicle, but investors seeking protection from further rate cuts should consider longer-duration funds like SHY or NEAR.
TBIL: It May Be Time To Rotate Into Longer Dated Bonds
TBIL offers ultrashort US Treasury exposure, closely tied to Fed rate policy, making it sensitive to upcoming interest rate decisions. Current economic data is mixed, with strong GDP but rising inflation and weak job growth, complicating the Fed's rate outlook. Given high odds of a September 2025 rate cut, I suggest gradually rotating from ultrashort to intermediate- and long-term Treasuries for better returns.
TBIL: T-Bills And Chill?
TBIL ETF offers a safe, flexible investment with modest returns, crucial during market turmoil caused by Trump's tariff plans. Treasury bill yields are tied to Fed rates, which may drop if tariffs lead to a recession, reducing TBIL's future returns. However, in a potential recession scenario, investors should prioritize capital preservation with cash-like investments like TBIL ETF over risky assets like stocks.
Leading Treasury ETF TBIL Surpasses $5 Billion in AUM
Many investors are likely considering options to add some stability to portfolios right now. Few investment categories offer as much ballast as Treasury funds can.
TBIL Vs. BIL: Here's How To Incorporate Short-Term Treasuries
I compare TBIL and BIL short-term Treasury Bill investments to determine the best option based on yield and liquidity. I filter investments by evaluating their performance, risk, and alignment with your financial goals. TBIL offers higher yields, but may come with slightly higher risks compared to BIL.
