SPDR Nuveen Barclays Short Term Muni Bond ETF
symbol (SHM)
investment objective
The SPDR® Nuveen Barclays Short Term Municipal Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Barclays Managed Money Municipal Short Term Index
why 'SHM'?
- This ETF provides investors with a higher credit quality option for investment grade, short term municipal bond exposure
- Access to short term tax free muni bonds in a single fund
- The Barclays Managed Money Municipal Short Term Index is a rules-based, market-value weighted index comprised of publicly traded municipal bonds that cover the U.S. dollar denominated short term tax exempt bond market, including state and local general obligation bonds, revenue bonds, insured bonds, and pre-refunded bonds
expense ratio - 0.20%
INCEPTION DATE - OCTOBER 10, 2007
PROSPECTUS - PDF » view
FUND WEBSITE » www.spdrs.com
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