Harbor Capital Advisors has launched the Harbor Short Term Treasury ETF (NYSE: HBIL), an actively managed strategy targeting exposure, before fees and expenses, generally consistent with the price and yield performance of the 3‑month U.S. Treasury bill market. HBIL is positioned as a portfolio implementation tool to help advisors manage cash balances, liquidity reserves, portfolio transitions, and short-term allocations within an ETF structure.
The fund seeks to offer simple, transparent short-term U.S. Treasury bill exposure, emphasizing operational efficiency, liquidity, and integration into ETF-based portfolio construction. Harbor Capital reports $69.9 billion in assets under management as of June 30, 2026, and notes that HBIL is a new ETF with limited operating history and standard fixed income, market, and interest rate risks.