SHM
SPDR Nuveen Bloomberg Barclays 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
SHM
SHM Top 10 Holdings[View All]
SHM Top 5 Countries
SHM
SHM Top 5 Currencies
SHM
SHM Performance Statistics
SHM Holdings Statistics
SHM Avg Life Maturity Distribution
SHM OAS Breakdown
The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.
ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.
[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Data provider:
Terms of Use