SHM
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
$47.62
+0.02
(+0.04%)
AUM
$3.47B
Expense Ratio
0.20%
NAV
$47.63
Holdings
1065
Asset Class
Fixed Income
Inception
10/10/2007
Provider
SPDR
Top Holdings
Fund Description
This exchange-traded fund aims to replicate the investment performance, encompassing both price movements and yield generation, of the ICE 1-5 Year AMT-Free Broad Municipal Index, before accounting for any fees or expenses. The underlying index is comprised of a diverse array of municipal debt instruments, including general obligation bonds issued by state and local authorities, revenue bonds, pre-refunded bonds, insured bonds, and municipal lease obligations. Its constituents are weighted based on their market capitalization, and the index is subject to monthly adjustments through rebalancing and reconstitution.