SPDR Nuveen Barclays Short Term Municipal Bond ETF (SHM)

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Best Fit Municipal Debt Funds ETFs

U.S. News evaluated 34 Municipal Debt Funds ETFs and 10 make our Best Fit list. Our list highlights the best passively managed funds for long-term investors. Rankings are assigned based on comparisons with Best Fit funds in this category.

How we identify Best Fit Funds

Best Fit Scorecard
Costs Excellent
Tracking Error Good
Bid/Ask Ratio Typical
Holdings Diversity Excellent

Fund Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of Barclays Managed Money Municipal Short Term Index. The fund invests substantially all, but at least 80%, of its total assets in the securities comprising the index or 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 designed to track the publicly traded municipal bonds that cover the U.S. dollar denominated short term tax exempt bond market. The fund is non-diversified.

Fund Snapshot Updated 07.21.2014

Previous Close $24.33 Expense Ratio 0.20%
YTD Return 0.67% Avg. 30-Day Volume 494,472
1-Year Return 1.8% Market Cap Loading...
Bid $24.34 Shares Outstanding 94,102,000
Ask $24.35 Dividends $0.23

Sector Breakdown

Geographic Breakdown

Best Fit Municipal Debt Funds

See full rankings for Municipal Debt Funds