diff --git a/devel/py-traitlets/Makefile b/devel/py-traitlets/Makefile
index 51d401e23b29..b3ce256da469 100644
--- a/devel/py-traitlets/Makefile
+++ b/devel/py-traitlets/Makefile
@@ -1,25 +1,25 @@
 # Created by: Yuri Victorovich <yuri@rawbw.com>
 
 PORTNAME=	traitlets
-PORTVERSION=	5.1.0
+PORTVERSION=	5.1.1
 CATEGORIES=	devel python
 MASTER_SITES=	CHEESESHOP
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
 
 MAINTAINER=	yuri@FreeBSD.org
 COMMENT=	Configuration system for Python applications
 
 LICENSE=	BSD3CLAUSE
 LICENSE_FILE=	${WRKSRC}/COPYING.md
 
 RUN_DEPENDS=	${PYTHON_PKGNAMEPREFIX}ipython_genutils>0:devel/py-ipython_genutils@${PY_FLAVOR}
 TEST_DEPENDS=	${PYTHON_PKGNAMEPREFIX}pytest>0:devel/py-pytest@${PY_FLAVOR}
 
 USES=		python:3.5+
 USE_PYTHON=	autoplist distutils
 NO_ARCH=	yes
 
 do-test:
 	@(cd ${TEST_WRKSRC} && py.test-${PYTHON_VER} traitlets)
 
 .include <bsd.port.mk>
diff --git a/devel/py-traitlets/distinfo b/devel/py-traitlets/distinfo
index 56d7cc0ed4cf..c5bd9d29fcf6 100644
--- a/devel/py-traitlets/distinfo
+++ b/devel/py-traitlets/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1633247705
-SHA256 (traitlets-5.1.0.tar.gz) = bd382d7ea181fbbcce157c133db9a829ce06edffe097bcf3ab945b435452b46d
-SIZE (traitlets-5.1.0.tar.gz) = 135161
+TIMESTAMP = 1640401937
+SHA256 (traitlets-5.1.1.tar.gz) = 059f456c5a7c1c82b98c2e8c799f39c9b8128f6d0d46941ee118daace9eb70c7
+SIZE (traitlets-5.1.1.tar.gz) = 130629