Iggy's Journal: The STI Fell 5.24% in October. Three Questions Before You Compare Its 3.39% Yield With a T-bill

The Investing Iguana

Iggy's Journal: The STI Fell 5.24% in October. Three Questions Before You Compare Its 3.39% Yield With a T-bill

Fri 13 Nov 2026 | Evening

The Numbers

ES3's distribution yield moved from 3.27% to 3.39% as at 6 November, while its distributions stayed at S$0.178 over the prior 12 months. On S$10,000, a 3.39% yield is S$339 a year. Rolling a 6-month T-bill at 1.86%, as read on 10 November, gives S$186. The STI fell 5.24% in October.

My Personal Take

When a fund's yield rises after a fall, what changed: the income or the price? That is the question I started with, and it leaves me with two more. How much of the gap between S$339 and S$186 is a real difference in income, and how long can the money stay put before the gap matters? I am not putting a verdict on the ETF or the T-bill in this entry. The free video and the Substack piece walk through the three questions, and the Members Edition goes further.

📺 Free YouTube: https://youtu.be/Tf_jmJxW5Lw

⭐ Members Edition YouTube: https://youtu.be/4rQwaW6zr_c

📩 Substack: https://investingiguana.com/p/ep1919-the-sti-fell-524-in-october

Cheers,

Iggy 🦖

Not financial advice. Iggy's Forensic Compliance Standards apply.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":628831669936496,"tweetId":"628831669936496","gmtCreate":1794566937299,"gmtModify":1794569566992,"author":{"id":4116373681054822,"idStr":"4116373681054822","authorId":4116373681054822,"authorIdStr":"4116373681054822","name":"The Investing Iguana","avatar":"https://community-static.tradeup.com/news/a5b8d1ba313947828839993eb5115542","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":11,"crmLevelSwitch":1,"currentWearingBadge":{"badgeId":"29815c1501c442c58b708482689df577-1","templateUuid":"29815c1501c442c58b708482689df577","name":"Emerging Contributor","description":"Contributors who received Editor's Pick for the 1st time","bigImgUrl":"https://static.tigerbbs.com/4ce9180a952c61a51c39f70d533b81a7","smallImgUrl":"https://static.tigerbbs.com/f98cf16cf4b858114f7ab9a779f9e6f1","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.06.12","individualDisplayEnabled":0},"individualDisplayBadges":[],"wearingBadges":[],"fanSize":2569,"starInvestorFlag":false},"themes":[],"images":[{"img":"https://community-static.tradeup.com/news/c1e6b1c10f96ab9821b62ec14502250e","width":"896","height":"1200"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/c1e6b1c10f96ab9821b62ec14502250e","width":"896","height":"1200"}],"title":"Iggy's Journal: The STI Fell 5.24% in October. Three Questions Before You Compare Its 3.39% Yield With a T-bill","html":"<html><head></head><body><p><strong>Iggy's Journal: The STI Fell 5.24% in October. Three Questions Before You Compare Its 3.39% Yield With a T-bill</strong></p>\n<p></p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c1e6b1c10f96ab9821b62ec14502250e\" tg-width=\"896\" tg-height=\"1200\"></p>\n<p>Fri 13 Nov 2026 | Evening</p>\n<p></p>\n<p>The Numbers</p>\n<p>ES3's distribution yield moved from 3.27% to 3.39% as at 6 November, while its distributions stayed at S$0.178 over the prior 12 months. On S$10,000, a 3.39% yield is S$339 a year. Rolling a 6-month T-bill at 1.86%, as read on 10 November, gives S$186. The STI fell 5.24% in October.</p>\n<p></p>\n<p>My Personal Take</p>\n<p>When a fund's yield rises after a fall, what changed: the income or the price? That is the question I started with, and it leaves me with two more. How much of the gap between S$339 and S$186 is a real difference in income, and how long can the money stay put before the gap matters? I am not putting a verdict on the ETF or the T-bill in this entry. The free video and the Substack piece walk through the three questions, and the Members Edition goes further.</p>\n<p></p>\n<p>📺 Free YouTube: https://youtu.be/Tf_jmJxW5Lw</p>\n<p>⭐ Members Edition YouTube: https://youtu.be/4rQwaW6zr_c</p>\n<p>📩 Substack: https://investingiguana.com/p/ep1919-the-sti-fell-524-in-october</p>\n<p></p>\n<p>Cheers,</p>\n<p>Iggy 🦖</p>\n<p></p>\n<p>Not financial advice. Iggy's Forensic Compliance Standards apply.</p></body></html>","htmlText":"<html><head></head><body><p><strong>Iggy's Journal: The STI Fell 5.24% in October. Three Questions Before You Compare Its 3.39% Yield With a T-bill</strong></p>\n<p></p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c1e6b1c10f96ab9821b62ec14502250e\" tg-width=\"896\" tg-height=\"1200\"></p>\n<p>Fri 13 Nov 2026 | Evening</p>\n<p></p>\n<p>The Numbers</p>\n<p>ES3's distribution yield moved from 3.27% to 3.39% as at 6 November, while its distributions stayed at S$0.178 over the prior 12 months. On S$10,000, a 3.39% yield is S$339 a year. Rolling a 6-month T-bill at 1.86%, as read on 10 November, gives S$186. The STI fell 5.24% in October.</p>\n<p></p>\n<p>My Personal Take</p>\n<p>When a fund's yield rises after a fall, what changed: the income or the price? That is the question I started with, and it leaves me with two more. How much of the gap between S$339 and S$186 is a real difference in income, and how long can the money stay put before the gap matters? I am not putting a verdict on the ETF or the T-bill in this entry. The free video and the Substack piece walk through the three questions, and the Members Edition goes further.</p>\n<p></p>\n<p>📺 Free YouTube: https://youtu.be/Tf_jmJxW5Lw</p>\n<p>⭐ Members Edition YouTube: https://youtu.be/4rQwaW6zr_c</p>\n<p>📩 Substack: https://investingiguana.com/p/ep1919-the-sti-fell-524-in-october</p>\n<p></p>\n<p>Cheers,</p>\n<p>Iggy 🦖</p>\n<p></p>\n<p>Not financial advice. Iggy's Forensic Compliance Standards apply.</p></body></html>","text":"Iggy's Journal: The STI Fell 5.24% in October. Three Questions Before You Compare Its 3.39% Yield With a T-bill Fri 13 Nov 2026 | Evening The Numbers ES3's distribution yield moved from 3.27% to 3.39% as at 6 November, while its distributions stayed at S$0.178 over the prior 12 months. On S$10,000, a 3.39% yield is S$339 a year. Rolling a 6-month T-bill at 1.86%, as read on 10 November, gives S$186. The STI fell 5.24% in October. My Personal Take When a fund's yield rises after a fall, what changed: the income or the price? That is the question I started with, and it leaves me with two more. How much of the gap between S$339 and S$186 is a real difference in income, and how long can the money stay put before the gap matters? I am not putting a verdict on the ETF or the T-bill in this entry. The free video and the Substack piece walk through the three questions, and the Members Edition goes further. 📺 Free YouTube: https://youtu.be/Tf_jmJxW5Lw ⭐ Members Edition YouTube: https://youtu.be/4rQwaW6zr_c 📩 Substack: https://investingiguana.com/p/ep1919-the-sti-fell-524-in-october Cheers, Iggy 🦖 Not financial advice. Iggy's Forensic Compliance Standards apply.","highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/628831669936496","repostId":0,"isVote":1,"tweetType":1,"viewCount":76,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":981,"optionInvolvedFlag":false,"subscribersOnly":false,"subscribersOnlyAccessible":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/628831669936496"}