SHM
SPDR Nuveen Bloomberg Short Term Municipal Bond ETFSHM 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‘s take on short-term municipal bonds emphasizes high credit quality. It holds USD- denominated state and local general obligation, revenue, pre-refunded, and insured bonds. All bonds must be rated Aa3/AA- The fund excludes bonds with maturities greater than 5 years, so expect lower sensitivity to changes in interest rates. The bonds included in the index must have an outstanding par value of at least USD 7 million and be issued as part of a transaction of at least USD 75 million. However, the following bonds are excluded: hospital, housing, tobacco, and airline bonds, along with remarketed issues, floaters, and derivatives. The Index undergoes a monthly rebalance and caps issuers at 10%.
SHM Summary Data
SHM Portfolio Data
SHM Index Data
SHM Portfolio Management
SHM Tax Exposures
SHM Fund Structure
SHM Factset Analytics Block Liquidity
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
SHM Sector/Industry Breakdown
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SHM Top 10 Holdings[View All]
SHM Top 5 Countries
SHM
SHM Top 5 Currencies
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SHM Performance Statistics
SHM Holdings Statistics
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SHM Maturity Distribution
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SHM Credit Breakdown
SHM
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