SPDR Nuveen Bloomberg Short Term Municipal Bond ETF (SHM)
- Expense ratio0.21%
- Net assets$3.49B
- Dividend yield2.66%
- 1-year return+0.48%
- Holdings10
SHM ETF price chart
SHM quote & trading statistics
SHM performance
Annual returns & drawdowns →- YTD-0.01%
- 1 year+0.48%
- 3 years+2.91%/yr
- 5 years+0.82%/yr
- 10 years+1.15%/yr
- 1Y volatility
- 2.55%
- 3Y volatility
- 2.55%
- 3Y Sharpe ratio
- -0.73
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
SHM top 10 holdings
| # | Symbol | Name | Weight |
|---|---|---|---|
| 1 | ORANGE CNTY CALIF TRANSN AUTH REV 5% | 1.66% | |
| 2 | NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5% | 1.09% | |
| 3 | CALIFORNIA ST 5% | 0.95% | |
| 4 | CALIFORNIA ST 4% | 0.78% | |
| 5 | NEW JERSEY ST EDL FACS AUTH REV 5% | 0.75% | |
| 6 | SAN ANTONIO TEX WTR REV 2.62% | 0.74% | |
| 7 | CONNECTICUT ST HEALTH & EDL FACS AUTH REV 5% | 0.73% | |
| 8 | MASSACHUSETTS ST 1.7% | 0.73% | |
| 9 | CHINO BASIN CALIF REGL FING AUTH REV 4% | 0.73% | |
| 10 | NEW YORK ST URBAN DEV CORP REV 5% | 0.71% |
The top 10 holdings make up 8.9% of the fund (10 holdings in total). As of October 23, 2026.
SHM bond portfolio
Rate scenarios & peers →- Yield to maturity
- 2.88%
- Effective duration
- 2.43 yrs
- Average maturity
- 2.9 yrs
- Average coupon
- 4.67%
A one-percentage-point rise in interest rates would lower the price by about 2.4%.
About SPDR Nuveen Bloomberg Short Term Municipal Bond ETF
The fund invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Sub-Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is a rules-based, market-capitalization weighted index engineered for the tax-exempt bond market.
SHM ETF FAQ
What is the SHM expense ratio?
SPDR Nuveen Bloomberg Short Term Municipal Bond ETF has a net expense ratio of 0.21%, or $21.00 a year for every $10,000 invested.
How much money is in SHM?
SPDR Nuveen Bloomberg Short Term Municipal Bond ETF has about $3.49B in net assets.
What are the top holdings of SHM?
The largest positions in SHM are ORANGE CNTY CALIF TRANSN AUTH REV 5% (1.66%), NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5% (1.09%), CALIFORNIA ST 5% (0.95%). The fund holds 10 securities in total.
How has SHM performed?
SHM returned +0.48% over the past year and +0.82% a year over the past five years, including reinvested distributions.
Does SHM pay dividends?
SHM has a dividend yield of 2.66% and pays distributions monthly.
When was SHM launched?
SPDR Nuveen Bloomberg Short Term Municipal Bond ETF began trading on October 10, 2007.