SGOV

The iShares 0‑3 Month Treasury Bond ETF (SGOV) invests exclusively in U.S. Treasury bills that have remaining maturities of three months or less, giving it a pure short‑term government‑bond focus within the United States fixed‑income market. Its strategy is to track the ICE 0‑3 Month U.S. Treasury Securities Index, holding at least 80 % of its assets in the index’s component securities and reinvesting proceeds from maturing bills to stay fully invested. By maintaining ultra‑short maturities, the fund aims to preserve capital, provide high liquidity, and generate modest monthly income while minimizing interest‑rate risk. This makes SGOV suitable for investors seeking a cash‑like vehicle for short‑term parking of funds, a low‑risk component in a diversified portfolio, or a conservative option for managing liquidity needs.