SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM)
| Assets | $3.46B |
| Expense Ratio | 0.20% |
| PE Ratio | n/a |
| Shares Out | 71.55M |
| Dividend (ttm) | $1.20 |
| Dividend Yield | 2.48% |
| Ex-Dividend Date | Sep 2, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 184,620 |
| Open | 48.37 |
| Previous Close | 48.45 |
| Day's Range | 48.35 - 48.47 |
| 52-Week Low | 46.56 |
| 52-Week High | 48.47 |
| Beta | 0.12 |
| Holdings | 882 |
| Inception Date | Oct 10, 2007 |
About SHM
Fund Home PageThe SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of publicly traded short-term tax-exempt US municipal bonds rated AA- or better. SHM was launched on Oct 10, 2007 and is issued by State Street.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 2, 2025 | $0.10602 | Sep 5, 2025 |
| Aug 1, 2025 | $0.1036 | Aug 6, 2025 |
| Jul 1, 2025 | $0.10616 | Jul 7, 2025 |
| Jun 2, 2025 | $0.10125 | Jun 5, 2025 |
| May 1, 2025 | $0.10238 | May 6, 2025 |
| Apr 1, 2025 | $0.09947 | Apr 4, 2025 |
Performance
SHM had a total return of 3.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.81%.
News
SHM: Fine As An Idea, Just Doesn't Work Out Well
SHM offers low credit and interest rate risk via short-term municipal bonds, with tax advantages but limited yield. The fund's index-tracking approach and high proportion of unrated bonds may offer sl...
SHM: Time To Sell This Short-Term Muni ETF
SPDR Nuveen Bloomberg Short Term Municipal Bond ETF has a short duration, highly rated bonds, low expense ratio, but low total return and yield. The ETF invests in short-term U.S. dollar denominated, ...
Muni Investors Stay Flexible As Rates Rise
Truly active managers shine in challenging investment environments, especially when they are given a flexible mandate. With tax-loss harvesting, active investors can deliberately sell at a loss to off...