State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM)
| Assets | $3.52B |
| Expense Ratio | 0.20% |
| PE Ratio | n/a |
| Shares Out | 72.65M |
| Dividend (ttm) | $1.26 |
| Dividend Yield | 2.60% |
| Ex-Dividend Date | Feb 2, 2026 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 144,769 |
| Open | 48.45 |
| Previous Close | 48.44 |
| Day's Range | 48.43 - 48.48 |
| 52-Week Low | 46.56 |
| 52-Week High | 48.51 |
| Beta | 0.13 |
| Holdings | 978 |
| Inception Date | Oct 10, 2007 |
About SHM
Fund Home PageThe State Street 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.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 2, 2026 | $0.10442 | Feb 5, 2026 |
| Dec 18, 2025 | $0.10597 | Dec 23, 2025 |
| Dec 1, 2025 | $0.10832 | Dec 4, 2025 |
| Nov 3, 2025 | $0.10594 | Nov 6, 2025 |
| Oct 1, 2025 | $0.10768 | Oct 6, 2025 |
| Sep 2, 2025 | $0.10602 | Sep 5, 2025 |
Performance
SHM had a total return of 3.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.89%.
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...