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
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
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PERFORMANCE [as of 09/29/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SHM -0.03% 0.37% 2.43% 3.19% 2.17% 1.67% 1.47%
SHM (NAV) 0.08% 0.45% 2.57% 3.32% 2.17% 1.65% 1.49%
Bloomberg Barclays Municipal Managed Money Short Index 0.17% 0.60% 2.88% 3.80% 2.46% 1.92% 1.49%
N/A -- -- -- -- -- -- --
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%
$4.25B
$15.30M
0.04%

SHM Portfolio Data

2.68
--
0.34%
10/01/20
1,043

SHM Index Data

Bloomberg Barclays Municipal Managed Money Short Index
Market Value
Market Value
N/A

SHM Portfolio Management

0.20%
-0.20%
0.47%
-0.48%

SHM Tax Exposures

20.00% / 39.60%
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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 09/30/20
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

306,210
$15.30M
302,237
$15.08M
0.04%
$0.02
0.04%
0.31% / -7.29%
None
100.00%
100,000
3.02
0.01%
--
0
$49.90
N/A

SHM Sector/Industry Breakdown


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

SHM Top 10 Holdings[View All]

1.02%
0.89%
0.86%
0.84%
0.82%
0.78%
0.67%
0.67%
0.65%
0.61%
7.81%

SHM Top 5 Countries


SHM
Segment Benchmark
100.00%
--

SHM Top 5 Currencies


SHM
Segment Benchmark
100.00%
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SHM Performance Statistics

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SHM Holdings Statistics

2.88 years
2.68
0.34%
2.68
Low
1,043
0.10%

SHM Avg Life Maturity Distribution

4.13%
23.76%
27.90%
41.26%
2.96%
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SHM OAS Breakdown

99.40%
0.01%
0.58%
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