TBLL: An Excellent Parking Lot For Spare Money

  • TBLL is best used as a short-term parking place for cash, offering safety, liquidity, and modest income with minimal credit and interest rate risk. The ETF closely tracks short-term US Treasuries, providing near-zero credit risk and low interest rate risk, making it suitable for capital preservation. Management fees are reasonable, trading liquidity is sufficient for retail investors, and spreads are minimal, making the Fund cost-effective for its intended use.