SHM

SPDR Nuveen Bloomberg Barclays Short Term Municipal Bond ETF
A

--
*Unless otherwise stated, data provided by FactSet.

SHM Fund Description

SHM tracks an index of publicly traded short-term tax-exempt US municipal bonds rated AA- or better.

SHM Factset Analytics Insight

SHM take on short-term municipal bonds emphasizes high credit quality. It holds US dollar denominated state and local general obligation, revenue, pre-refunded, and insured bonds. All bonds must be rated Aa3/AA- or better—unlike some peer funds and our benchmark. Its average credit rating is also pushed higher due to its overweighting in higher-rated general obligation bonds. The fund excludes bonds with maturities greater than 5 years, so expect lower sensitivity to changes in interest rates. SHM charges a reasonable fee, trades sufficiently, and is well established which lands it on our Opportunities List.

SHM Charts And Performance

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Compare
Reset
Select ETFs to compare their performance:
PERFORMANCE [as of 10/17/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SHM 0.62% 0.25% 3.04% 4.56% 1.45% 1.21% 1.56%
SHM (NAV) 0.60% 0.17% 3.03% 4.38% 1.44% 1.16% 1.56%
Bloomberg Barclays Municipal Managed Money Short Index 0.66% 0.22% 3.17% 4.57% 1.72% 1.41% 1.56%
Bloomberg Barclays AMT-Free Short Continuous Municipal Index 0.72% 0.37% 4.02% 5.61% 2.11% 1.79% 2.46%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SHM Summary Data

SPDR
10/10/07
Open-Ended Fund
0.20%
$3.63B
$11.72M
0.03%

SHM Portfolio Data

2.83
--
1.32%
10/01/19
976

SHM Index Data

Bloomberg Barclays Municipal Managed Money Short Index
Market Value
Market Value
Bloomberg Barclays AMT-Free Short Continuous Municipal Index

SHM Portfolio Management

0.20%
-0.24%
-0.04%
-0.37%

SHM Tax Exposures

20.00% / 39.60%
0.02%
Ordinary income
No

SHM Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

SHM Factset Analytics Block Liquidity

As of 10/18/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of SHM. SHM is rated a N/A out of 5.

SHM Tradability

238,860
$11.72M
217,565
$10.73M
0.03%
$0.01
-0.05%
0.13% / -0.24%
None
100.00%
100,000
2.18
0.01%
--
0
$48.99
N/A

SHM Sector/Industry Breakdown


SHM
Segment Benchmark
49.75%
--
46.86%
--
3.39%
--

SHM Top 10 Holdings[View All]

1.18%
0.99%
0.87%
0.83%
0.79%
0.77%
0.75%
0.72%
0.66%
0.64%
8.2%

SHM Top 5 Countries


SHM
Segment Benchmark
100.00%
--

SHM Top 5 Currencies


SHM
Segment Benchmark
100.00%
--

SHM Performance Statistics

0.98
0.85
--
--
--

SHM Holdings Statistics

2.99 years
2.83
1.32%
2.84
Low
976
0.04%

SHM Avg Life Maturity Distribution

2.60%
17.48%
20.72%
55.55%
3.65%
--
--
--
--

SHM OAS Breakdown

99.94%
0.00%
0.00%
0.05%
--
--
--
--
--
--
0.01%