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SBIL

Simplify Government Money Market ETF

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As of 08/01/2025

NAV

$ 100.22

NAV Change

+ $ 0.04 /0.04%

Price

$ 100.17

Price Change

+ $ 0.00 /0.00%

The Simplify Government Money Market ETF (SBIL) seeks current income consistent with liquidity and stability of principal.

SBIL operates as a government money market fund pursuant to Rule 2a-7 under the Investment Company Act of 1940. 

SBIL can be used by investors who seek income and stability of principal and by investors seeking a Rule 2a-7 compliant investment in ETF format.

Although SBIL is a money market fund, it will have a floating net asset value and share price.

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Documents

Fund Overview

As of 08/01/2025

Ticker Symbol
SBIL
Gross Expense Ratio
0.15%
CUSIP
82889N269
Total Assets
$2,644,937,840.46
Shares Outstanding
26,390,001
Distribution Rate as of 08/01/2025 Distribution rate calculation employs the most recent distribution, and multiplies the payment by 12 (monthly) or 4 (quarterly) to get an annualized total. The annualized total is then divided by the most recent net asset value (NAV) to determine the distribution rate.
Distribution Rate Close
Distribution rate calculation employs the most recent distribution, and multiplies the payment by 12 (monthly) or 4 (quarterly) to get an annualized total. The annualized total is then divided by the most recent net asset value (NAV) to determine the distribution rate.
-
Distribution Frequency
Monthly
30-Day SEC Yield (Subsidized) as of 08/01/2025 SEC 30-day Yield is available once fund has a full quarter of performance.
SEC 30-Day Yield Close
SEC 30-day Yield is available once fund has a full quarter of performance.
-
30-Day SEC Yield (Unsubsidized) as of 08/01/2025
-
Options Available
No
Inception Date
07/14/2025
Premium/Discount (%) as of 08/01/2025
-0.05%
NAV Per Share as of 08/01/2025
$100.23
Market Price as of 08/01/2025
$100.17
30-Day Median Bid-Ask Spread
N/A
Bid/Ask
$100.21/$100.22
Midpoint Price
$100.22
Volume
22,497
NAV Symbol
SBIL.NV
IOPV Symbol
SBIL.IV
Shares Out. Symbol
SBIL.SO
Schedule K-1
No

Management Fees

This table describes the fees and expenses that you may pay if you buy, sell, and hold shares of the Fund. Investors purchasing or selling shares of the Fund in the secondary market may be subject to costs (including customary brokerage commissions) charged by their broker. The fee table located in the prospectus and updates in prospectus supplements prevail.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Management Fees10.15%
Distribution and Service (12b-1) Fees0.00%
Other Expenses20.00%
Total Annual Fund Operating Expenses0.15%

1. Pursuant to a management agreement, Simplify Asset Management, Inc. (the “adviser”) pays all operating expenses of the Fund other than interest expenses, taxes, brokerage expenses, Rule 12b-1 fees (if any), acquired fund fees and expenses, expenses incidental to a meeting of the Fund’s shareholders, and the management fee.  
2. Other Expenses are estimated for the current fiscal year.

Fund Performance

As of 06/30/2025 06/30/2025

Monthly Quarterly Daily NAV Liquidity Assets
Cumulative Total Return 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV — — — — — —
Market Price — — — — — —
Annualized Total Return 1 Year 3 Year Since Inception
NAV — — —
Market Price — — —
Cumulative Total Return 1 Year Since Inception
NAV — —
Market Price — —
Annualized Total Return 1 Year 3 Year 5 Year Since Inception
NAV — — — —
Market Price — — — —
Date Daily liquid assets Weekly liquid assets Daily net shareholder cash flow
The performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance data for the most recent month-end is available above. 

NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.

Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.

Portfolio Holdings

As of 08/01/2025

Holdings - All ETFs
Ticker Name Quantity Weight
T Bills UNITED STS TREAS BILLS 0.0 19AUG25 230,000,000 8.68%
T Bills UNITED STS TREAS BILLS 0.0 21AUG25 230,000,000 8.68%
T Bills UNITED STS TREAS BILLS 0.0 28AUG25 285,000,000 10.74%
T Bills UNITED STS TREAS BILLS 0.0 09SEP25 232,000,000 8.73%
T Bills UNITED STS TREAS BILLS 0.0 16SEP25 568,000,000 21.37%
T Bills UNITED STS TREAS BILLS 0.0 23SEP25 266,000,000 10.00%
T Bills UNITED STS TREAS BILLS 0.0 30SEP25 230,000,000 8.64%
T Bills UNITED STS TREAS BILLS 0.0 18NOV25 450,000,000 16.81%
- DREYFUS TRSY OBLIG CASH MGMT CL INS 3,530,942 0.13%
- Morgan Stanley Repo 08/05/2025 4.30% 396,000,000 14.97%
- Estimated Cash -231,397,516 -8.75%

Holdings are subject to change without notice.

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