SHM
·ARCA
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Key Stats
Assets Under Management
3.50BUSD
Fund Flows (1Y)
-131.87MUSD
Dividend Yield
2.61%
Discount/Premium to NAV
0.05%
Shares Outstanding
73.15M
Expense Ratio
0.20%
About State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
Issuer
State Street Global Advisors
Brand
SPDR
Inception Date
Oct 10, 2007
Structure
Open-Ended Fund
Index Tracked
ICE 1-5 Year AMT-Free Broad Municipal Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
SHM's take on short-term municipal bonds emphasizes high credit quality. It holds USD- denominated state and local general obligation, revenue, pre-refunded, and insured bonds. All bonds must be rated Aa3/AA- The fund excludes bonds with maturities greater than 5 years, so expect lower sensitivity to changes in interest rates. The bonds included in the index must have an outstanding par value of at least USD 7 million and be issued as part of a transaction of at least USD 75 million. However, the following bonds are excluded: hospital, housing, tobacco, and airline bonds, along with remarketed issues, floaters, and derivatives. The Index undergoes a monthly rebalance and caps issuers at 10%.
Classification
Asset Class
Fixed Income
Category
Government, Local Authority/Municipal
Focus
Investment Grade
Niche
Short-Term
Strategy
Vanilla
Geography
U.S.
Weighting Scheme
Market Value
Selection Criteria
Market value
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -0.15% | -0.99% | +0.95% | +1.12% | +2.07% | -3.80% |
NAV Total Return | +0.26% | -0.19% | +3.51% | +4.09% | +7.82% | +3.49% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
SEEPWR 5.000 10/01/30
0.92%
NYC 5.000 08/01/27
0.91%
CAS 5.000 10/01/27
0.70%
NYSGEN 5.000 03/15/29
0.62%
CAS 5.000 03/01/29
0.53%
NYCGEN 5.000 11/01/27
0.52%
TRBTRN 4.000 05/15/27
0.50%
CAS 5.000 09/01/28
0.49%
CAS 5.000 09/01/28-1
0.46%
TRBTRN 5.000 11/15/28
0.41%
Top 10 Weight 6.06%
962 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-12-18 | 2025-12-18 | 2025-12-23 | 0.106 |
| 2025-12-01 | 2025-12-01 | 2025-12-04 | 0.108 |
| 2025-11-03 | 2025-11-03 | 2025-11-06 | 0.106 |
| 2025-10-01 | 2025-10-01 | 2025-10-06 | 0.108 |
| 2025-09-02 | 2025-09-02 | 2025-09-05 | 0.106 |
| 2025-08-01 | 2025-08-01 | 2025-08-06 | 0.104 |
| 2025-07-01 | 2025-07-01 | 2025-07-07 | 0.106 |
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Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
