ETFs › SHM

SPDR Nuveen Bloomberg Short Term Municipal Bond ETF (SHM)

municipal-bonds short-term tax-exempt

Focusing on short-term municipal bonds, this ETF offers investors the potential for tax-exempt income with relatively low interest rate risk. It can serve as a core holding for tax-sensitive investors or as a cash management tool. The fund's emphasis on high-quality, short-duration municipal bonds may appeal to conservative investors seeking tax-efficient income.

Key Info

AUM $4.9B
Expense Ratio 0.20%
Inception Date October 10, 2007
Distribution Frequency Monthly
Weighting Method Market Value
Number of Holdings 603
Tracking Index Bloomberg Barclays Managed Money Municipal Short Term Index

See Also

MUB TFI VTEB

Last updated: September 6, 2024