TBIL

TBIL Dividend Yield

F/m US Treasury 3 Month Bill Fund · Ultrashort Bond · F/m Investments LLC · ETF · monthly payer

$49.89

As of Nov 5, 2026, TBIL (F/m US Treasury 3 Month Bill Fund) yields 3.97%, paying $1.83 a share a year in monthly distributions at its $49.89 price. It costs 0.15% a year and manages $7.5B. Over the last 3 years it returned 4.4% a year with distributions reinvested, against 23.3% for the S&P 500.

Current yield

3.97%

Paid a Year

$1.83

Expense Ratio

0.15%

Assets

$7.5B

3-Yr Return

4.4%/yr

Frequency

Monthly

Key facts about TBIL

Data as of Nov 5, 2026 · Source: SmarterDividends data

As of Nov 5, 2026, TBIL yields 3.97% and pays about $1.83 a share a year, monthly.
TBIL paid $1.8260 a share in distributions over the 12 months to Nov 5, 2026, in 12 payments.
TBIL's expense ratio is 0.15% a year, or $15.00 on $10,000.
TBIL is an ETF from F/m Investments LLC with $7.5B in assets, started Aug 8, 2022.
TBIL: Holds U.S. Treasury securities, so its income is generally exempt from state and local income tax (federal tax still applies).

Cite this page

SmarterDividends, "TBIL Dividend Yield, Expense Ratio and Total Return," updated Nov 5, 2026, https://smarterdividends.com/stocks/TBIL

What $10,000 in TBIL became

Change the dates →

From Aug 2022 to Oct 2026, month-end values

Payouts reinvested

$12,012

Payouts taken as cash

$11,846

$1,836 of it cash

S&P 500 (SPY)

$20,224

The gap between the lines is what TBIL's payouts added.

TBIL total return

A year, through Oct 2026. Total return counts every payout, reinvested; price return doesn't.

Period	Total return	Price return	S&P 500
1 year	+3.7%	−0.3%	+12.0%
3 years	+4.4%	−0.1%	+23.3%
Since Aug 2022	+4.5%	+0.0%	+18.4%

TBIL distributions

Every payment →

Paid per share, by year

Ex-date	Paid	Per share	vs a year earlier
Oct 27, 2026	Oct 28, 2026	$0.1670	+7.1%
Sep 28, 2026	—	$0.1570	−4.3%
Aug 27, 2026	—	$0.1540	−11.5%
Jul 28, 2026	—	$0.15	−13.3%
Jun 29, 2026	—	$0.1470	−21.8%
May 28, 2026	—	$0.1470	−16.0%
Apr 28, 2026	—	$0.1470	−15.0%
Mar 30, 2026	—	$0.1470	−15.0%
Feb 26, 2026	—	$0.15	−13.3%
Jan 29, 2026	—	$0.1550	−10.9%
Dec 30, 2025	—	$0.1530	−15.5%
Dec 2, 2025	—	$0.1520	−17.4%

Compare TBIL

SGOV vs TBIL TBIL vs BIL TBIL vs JPST TBIL vs SHV TBIL vs USFR TBIL vs PULS TBIL vs MINT

TBIL questions

What is TBIL's dividend yield?

As of Nov 5, 2026, TBIL yields 3.97% (as the fund reports it). Over the last 12 months it paid $1.8260 a share in 12 payments, against a $49.89 share price.

How often does TBIL pay dividends?

TBIL pays monthly, 12 times a year.

How much does 100 shares of TBIL pay?

At about $1.8260 a share a year, 100 shares of TBIL pay about $182.60 a year, $15.22 each month, before tax.

What is TBIL's expense ratio?

TBIL's expense ratio is 0.15% a year: $15.00 on every $10,000 invested, taken from the fund's assets rather than billed to you.

What is TBIL's total return?

In the year to Oct 2026, TBIL returned 3.7% a year with distributions reinvested, of which -0.3% a year came from the share price. The S&P 500 returned 12.0% a year.

How is TBIL's income taxed?

Holds U.S. Treasury securities, so its income is generally exempt from state and local income tax (federal tax still applies). This is general information, not tax advice.

Is TBIL or SGOV better?

It depends on what the money is for. Our TBIL vs SGOV comparison puts their yields, costs, total returns and worst drops side by side.

Fund facts

Type: ETF
Issuer: F/m Investments LLC
Category: Treasury ETF
Started: Aug 8, 2022
Expense ratio: 0.15%
Assets: $7.5B
Current yield: 3.97%
Paid in the last year: $1.8260 (12 payments)
Last payment: $0.1670 · ex Oct 27, 2026

What it holds and how it's taxed

Holds U.S. Treasury securities, so its income is generally exempt from state and local income tax (federal tax still applies).

Every cash fund by yield

Income Calculator

At $1.83 / yr per share

Shares owned

Per payment (monthly)$15.22

Annual$182.60

Monthly avg$15.22

Full TBIL dividend calculator →

TBIL total return calculatorAny start year, with or without reinvesting TBIL dividend calculator100 shares pay $182.60 a year, $15.22 each month

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Fund facts from the fund's own reports via Yahoo Finance; payments and returns from SmarterDividends records. For information only, not investment advice.