SHM

SPDR Nuveen Bloomberg Barclays Short Term Municipal Bond ETF
*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
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  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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PERFORMANCE [as of 04/06/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SHM -1.75% -0.70% -0.49% 2.00% 1.44% 1.22% 1.42%
SHM (NAV) -1.63% -0.41% -0.21% 2.08% 1.52% 1.21% 1.46%
Bloomberg Barclays Municipal Managed Money Short Index -1.63% -0.43% -0.21% 2.18% 1.73% 1.44% 1.46%
Bloomberg Barclays AMT-Free Short Continuous Municipal Index -2.93% -1.37% -1.11% 1.77% 1.89% 1.63% 2.16%
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%
$3.67B
$34.78M
0.05%

SHM Portfolio Data

2.75
--
1.13%
05/01/20
938

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%
-0.19%
0.47%
-0.30%

SHM Tax Exposures

20.00% / 39.60%
--
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 04/07/20
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

727,966
$34.78M
389,551
$19.33M
0.05%
$0.02
0.00%
0.22% / -7.29%
None
100.00%
100,000
3.90
0.01%
--
0
$48.79
N/A

SHM Sector/Industry Breakdown


SHM
Segment Benchmark
48.76%
--
48.00%
--
3.24%
--

SHM Top 10 Holdings[View All]

1.13%
0.96%
0.91%
0.88%
0.80%
0.78%
0.75%
0.72%
0.69%
0.63%
8.25%

SHM Top 5 Countries


SHM
Segment Benchmark
100.00%
--

SHM Top 5 Currencies


SHM
Segment Benchmark
100.00%
--

SHM Performance Statistics

0.99
0.85
--
--
--

SHM Holdings Statistics

2.99 years
2.75
1.13%
2.76
Low
938
0.04%

SHM Avg Life Maturity Distribution

2.05%
18.15%
27.09%
51.43%
1.28%
--
--
--
--

SHM OAS Breakdown

99.99%
0.01%
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--
--
--
--
--
--
--
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