SPDR Nuveen Barclays Short Term Municipal Bond ETF (SHM)
- Fixed Income | Municipal Debt Funds
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Best Fit Municipal Debt Funds ETFs
U.S. News evaluated 32 Municipal Debt Funds ETFs and 14 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.
| Best Fit Scorecard | |
|---|---|
| Costs | Excellent |
| Tracking Error | Excellent |
| 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 an index. The fund employs a sampling strategy in seeking to track the performance of the Barclays Managed Money Municipal Short Term Index. It generally 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 fund is non-diversified.
Fund Snapshot Updated 06.17.2013
| Previous Close | $24.21 | Expense Ratio | 0.20% |
| YTD Return | 0.1% | Avg. 30-Day Volume | 557,998 |
| 1-Year Return | 0.6% | Market Cap | Loading... |
| Bid | $24.22 | Shares Outstanding | 81,602,000 |
| Ask | $24.23 | Dividends | $0.27 |
