SHMSPDR Barclays Short Term Municipal Bond(Exchange Traded Fund )
XTF Rating* NR
Price:$48.24 -0.1102(-0.23%)
52 Week:$43.04 - $50
Volume: 1,119,601
Avg Daily Volume: 498,933
Market Cap: $3,672,250,004 Avg Trade Size: 541 shares
Fund Turnover: 152 days 4/2/2020 8:00:00 PM
Similar ETFs to SHM: ULST, PULS, FTSM, AWTM, GSY

SPDR Barclays Short Term Municipal Bond is an exchange-traded fund incorporated in the USA. The SPDR  Nuveen Barclays Short Term Municipal Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Barclays Managed Money Municipal Short Term Index. The Barclays Managed Money Municipal Short Term Index is a rules-based, market-value weighted index comprised of publicly traded municipal bonds that cover the U.S. dollar denominated short term tax exempt bond market, including state and local general obligation bonds, revenue bonds, insured bonds, and pre-refunded bonds. All bonds in the Short Term Municipal Bond Index must be rated Aa3/AA- or higher by at least two of the following statistical ratings agencies: Moody's Investor Service, Inc., Standard & Poor's and Fitch Inc. If only two of the three agencies rate the security, the lower rating is used to determine index eligibility. If only one of the agencies rates the security, the rating must be at least Aa3/AA-. Each index security must have an outstanding par value of at least $7 million and be issued as part of a transaction of at least $75 million. The bonds must be fixed rate and have a nominal maturity of one to five years. No issuer may constitute more than 10% of the Short Term Municipal Bond Index. Bonds subject to AMT, hospital bonds, housing bonds, tobacco bonds, and airline bonds, along with remarketed issues, taxable municipal bonds, floaters, and derivatives are all excluded from the Short Term Municipal Bond Index.

Inception Date: 10/10/2007Geography: US  Asset Class: Fixed Income
Primary Exchange: NYSE ArcaInvestment Philosophy: Passively ManagedDebt Issuer: Government Debt
Issuer: SSGA Funds Management, IncUnderlying Index: Bloomberg Barclays Managed Money Short Term Municipal Bond IndexCredit Grade: AAA
Index Provider: Bloomberg L.P.Index Composition: Cap-WeightedMaturity: Short Term

Structural Integrity
Investment Metrics
Fund Holdings
Fund Exposure
News Headlines
SHM Structural Integrity ranks in the 82nd percentile (among all 403 Fixed Income ETFs over past 6 months).
as of 2/28/2020 Value  Rank (%)
Expense Ratio 0.20% 
 60.6%
Average Bid Ask Ratio Premium Content 
 84.1%
Tracking Error Premium Content 
 79.6%
Concentration Risk Premium Content 
 73.6%
Market Impact Premium Content 
 87.4%
Efficiency Premium Content 
 38.8%
Cap Gains Dist Premium Content 
 100%
     
as of 4/1/2020  
Avg Number of Components   (range) 474   (1-489)
Legal Structure Open-End Investment Company 
Annual Yield 1.4%
Last Dividend PaidDate 0.05, 4/1/2020   See Distributions
Options / Futures Available Y  /  N 
Short Interest / Days to Cover 0.4% /  1 day
Net Asset Value $3,692,098,301 
Premium (Discount) -0.54% 
*The XTF Rating for an ETF is based on statistical analysis of its structural integrity and investment metric giving a total range between 0 and 10 with 10 being the best. Read More.





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