Best Fit Ultra-Short Obligations Funds ETFs
U.S. News evaluated 4 Ultra-Short Obligations Funds ETFs and 2 make our Best Fit list. Our list highlights the best passively managed funds for long-term investors. Rankings are assigned based on comparisons with Best Fit funds in this category.
| Best Fit Scorecard | |
|---|---|
| Costs | Excellent |
| Tracking Error | Excellent |
| Bid/Ask Ratio | Typical |
| Holdings Diversity | Typical |
Fund Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks the 1-3 month sector of the United States Treasury Bill market. The fund employs a replication strategy in seeking to track the performance of Barclays 1-3 Month U.S. Treasury Bill Index. It generally invests at least 80% of total assets in securities comprising the index or in securities that the investment adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The fund is non-diversified.
Fund Snapshot Updated 05.16.2013
| Previous Close | $45.81 | Expense Ratio | 0.13% |
| YTD Return | 0.0% | Avg. 30-Day Volume | 324,838 |
| 1-Year Return | 0.6% | Market Cap | Loading... |
| Bid | $45.80 | Shares Outstanding | 23,900,000 |
| Ask | $45.81 | Dividends | $0.00 |
| Top Holdings | |
|---|---|
| United States Treas Bills (—) | 15.97% |
| United States Treas Bills (—) | 15.42% |
| United States Treas Bills (—) | 11.44% |
| United States Treas Bills (—) | 11.44% |
| United States Treas Bills (—) | 11.44% |
| United States Treas Bills (—) | 11.44% |
| United States Treas Bills (—) | 11.44% |
| United States Treas Bills (—) | 11.44% |
| % of Total Holdings | 100.00% |
