SPDR Nuveen ICE Short Term Municipal Bond ETFSPDR Nuveen ICE Short Term Municipal Bond ETFSPDR Nuveen ICE Short Term Municipal Bond ETF

SPDR Nuveen ICE Short Term Municipal Bond ETF

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Key stats


Assets under management (AUM)
‪3.43 B‬USD
Fund flows (1Y)
Dividend yield (indicated)
2.50%
Discount/Premium to NAV
Shares outstanding
‪71.35 M‬
Expense ratio
0.20%

About SPDR Nuveen ICE Short Term Municipal Bond ETF


Brand
SPDR
Home page
Inception date
Oct 10, 2007
Structure
Open-Ended Fund
Index tracked
ICE 1-5 Year AMT-Free US Select Municipal Index
Replication method
Physical
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)
ISIN
US78468R7391
SHMs 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 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of September 2, 2025
Exposure type
Bonds, Cash & Other
Municipal
Bonds, Cash & Other100.00%
Municipal99.07%
Mutual fund0.93%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows



Frequently Asked Questions


SHM last dividends amounted to 0.11 USD. The month before, the issuer paid 0.10 USD in dividends, which shows a 2.28% increase.
Yes, SHM pays dividends to its holders with the dividend yield of 2.50%. The last dividend (Sep 5, 2025) amounted to 0.11 USD. The dividends are paid monthly.
SHM shares are issued by State Street Corp. under the brand SPDR. The ETF was launched on Oct 10, 2007, and its management style is Passive.
SHM expense ratio is 0.20% meaning you'd have to pay 0.20% of your investment to help manage the fund.
SHM follows the ICE 1-5 Year AMT-Free US Select Municipal Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SHM invests in bonds.