Three Months or Less: How VanEck TBIL (ASX:TBIL) Holds Treasury Bills

Sonal Goyal

28 October 2026 12:31 PM AEDT

Three Months or Less: How VanEck TBIL (ASX:TBIL) Holds Treasury Bills

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Key Highlights

VanEck 1-3 Month US Treasury Bond ETF (ASX:TBIL) aims to passively hold the US Treasury bills that make up its reference index.
The fund holds 20 holdings, with United States Treasury Bills the largest position at 10.29%.
The fund has a management fee of 0.22% and a fund size of $108.66 million.

As of 27 October, VanEck 1-3 Month US Treasury Bond ETF (ASX:TBIL) holds 20 positions in short-dated US Treasury bills and manages $108.66 million. The fund has traded since 18 May 2023 and charges 0.22%.

Key Fact	Detail
Fund	VanEck 1-3 Month US Treasury Bond ETF
ASX code	TBIL
Issuer	VanEck
Category	Bonds - Global
Benchmark	Bloomberg US Treasury Bill 1-3 M TR AUD
ISIN	AU0000275091
Admitted to the ASX	18 May 2023
Fund size	$108.66 million
Management fee	0.22%
Holdings	20 holdings
Latest distribution	Interim distribution with an ex-date of 2 November 2026, a record date of 3 November 2026 and payment on 17 November 2026, with the amount set out in a dividend timetable published on 26 October 2026

Very Short Maturities

TBIL follows the Bloomberg US Treasury Bill 1-3 M TR AUD index and invests directly in the securities that comprise its reference index. Each of the ten largest positions is an individual Treasury bill issue, ranging from 6.58% to 10.29% of the portfolio, and together they account for 73.72%.

What the Allocation Shows

Because bills are so short-dated, the allocation is 99.97% cash and cash equivalents and 0.03% bonds. The fund sits in the Bonds - Global category. A dividend timetable was lodged on 26 October 2026, and dividend component details followed earlier on 8 October.

Payment Timetable

Distribution timetable: interim distribution with an ex-date of 2 November 2026, a record date of 3 November 2026 and payment on 17 November 2026, with the amount set out in a dividend timetable published on 26 October 2026.

Announcements to Note

Lodgements with the ASX have included a dividend timetable on 26 October 2026, dividend component details on 8 October, a final distribution notice for the period ending 30 September 2026, dividend reinvestment plan prices on 1 October and issued units outstanding as at 30 September 2026.

Where the Fund Sits

VanEck 1-3 Month US Treasury Bond ETF is classified as Bonds - Global. Funds in this category invest in foreign government and corporate debt with terms to maturity generally greater than one year, and they maintain a predominant currency hedge.

Index and Track Record Length

The fund has been listed since 18 May 2023, a period of about 3 years. Its stated benchmark is the Bloomberg US Treasury Bill 1-3 M TR AUD index, and the issuer is VanEck (ISIN AU0000275091). It charges a management fee of 0.22%.

What the Dates Mean

Three dates matter for each distribution: the ex-date, after which new buyers do not qualify for the payment; the record date, when entitlements are set from the register; and the payment date, when the money is paid.

Wrapping Up

TBIL is built around the shortest end of the US government curve. Its next interim distribution has an ex-date of 2 November 2026 and a payment date of 17 November 2026.

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