PortfolioMetrics

SHM

- SPDR Nuveen Bloomberg Short Term Municipal Bond ETF

Key Information

Earliest date2009-01-02
ExchangeNYSE
Instrument TypeETF
MIC CodeARCX
CountryUnited States

ETF Information

Fund ProviderState Street
IndexBloomberg Municipal Managed Money Short
Expense Ratio0.20%
Number Of Holdings788
Inception Date2007-10-10
Asset ClassBonds
CurrencyUSD
ListingUS-listed
Bond TypeMunicipal Bonds
Non-leveragedNon-leveraged

About SHM

The SPDR Nuveen Bloomberg Short Term Municipal Bond ETF is a fixed income fund that tracks an index of short-term municipal bonds, providing tax-efficient income and relatively low risk. The fund offers broad diversification with over 788 holdings and a low expense ratio, making it a solid choice for investors seeking exposure to the US municipal bond market with lower levels of risk.