SPDR Nuveen Bloomberg Barclays Short Term Municipal Bond ETF (SHM)
| Assets | $4.87B |
| NAV | $46.92 |
| Expense Ratio | 0.20% |
| PE Ratio | n/a |
| Shares Out | 103.75M |
| Dividend (ttm) | $0.35 |
| Dividend Yield | 0.75% |
| Ex-Dividend Date | May 2, 2022 |
| 1-Year Return | -5.02% |
| Volume | 799,199 |
| Open | 47.16 |
| Previous Close | 46.95 |
| Day's Range | 47.00 - 47.09 |
| 52-Week Low | 46.51 |
| 52-Week High | 49.70 |
| Beta | 0.03 |
| Holdings | 1187 |
| Inception Date | Oct 10, 2007 |
About SHM
The fund invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Sub-Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to track the publicly traded municipal bonds that cover the U.S. dollar denominated short term tax exempt bond market.
Top 10 Holdings
9.80% of assets| Name | Symbol | Weight |
|---|---|---|
| ORANGE CNTY CALIF TRANSN AUTH REV 5% | CA ORATRN 5 10.15.2024 | 1.72% |
| Ssi Us Gov Money Market Class State Street Inst Us Gov | N/A | 1.68% |
| NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5% | NY NYCUTL 5 06.15.2026 | 1.07% |
| CALIFORNIA ST 5% | CA CAS 5 10.01.2026 | 1.00% |
| CALIFORNIA ST 4% | CA CAS 4 10.01.2024 | 0.80% |
| CHINO BASIN CALIF REGL FING AUTH REV 4% | CA CHBGEN 4 11.01.2025 | 0.80% |
| CONNECTICUT ST HEALTH & EDL FACS AUTH REV 5% | CT CTSMED 07.01.2057 | 0.73% |
| SAN ANTONIO TEX WTR REV 2.625% | TX SANWTR 05.01.2049 | 0.68% |
| NEW YORK ST URBAN DEV CORP REV 5% | NY NYSDEV 5 03.15.2026 | 0.67% |
| NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5% | NY NYSHGR 5 03.15.2027 | 0.64% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 2, 2022 | $0.02556 | May 6, 2022 |
| Apr 1, 2022 | $0.0198 | Apr 7, 2022 |
| Mar 1, 2022 | $0.03258 | Mar 7, 2022 |
| Feb 1, 2022 | $0.020 | Feb 7, 2022 |
| Dec 17, 2021 | $0.04666 | Dec 23, 2021 |
| Dec 1, 2021 | $0.02677 | Dec 7, 2021 |
News
Let’s Dive Into the Reasons Why You Need Municipal Bonds
The Federal Reserve showed just how important the bond market is by purchasing debt-focused exchange-traded funds (ETFs), but one area they didn’t focus on was the municipal bond market. It’s one sub-se...
Will a Pandemic Recovery be Dependent on Municipal Bonds?
The Federal Reserve is doing what it can to shore up the bond markets, but one submarket it shouldn’t forget is municipal bonds. A pandemic recovery could be predicated on how the muni space reacts in a...
A Pair of Municipal Bond ETFs to Consider for High-Income Investors
In the current bond market environment, low yields are causing high-income investors to look in other areas for yield.