
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM)
SHM Price Chart
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SHM ETF Profile
Key details and information about State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM).
Sector Focus
Financial Services
Industry
Asset Management - Bonds
Inception Date
18 Oct 2007
Country
US
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.
SHM ETF Performance
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