|
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
|
|||||||||||||||||
- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| SPDR Nuveen Barclays Short Term Municipal Bond ETF is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the price and yield of the Barclays Managed Money Municipal Short Term Index. |
| Category | Municipals |
| Fund Sponsor | SSgA Funds Management Inc |
| Website | www.spdrs.com |
| Inception date | Oct 10, 2007 |
| Assets (mns) | $3,425 |
| Currency | USD |
| Expense ratio | 20 bp |
| Distributions | Monthly |
| Regulation | Open-End Investment Company |
| Custodian | State Street Bank & Trust Co |
| Weighting | Market Cap |
| Index replication | Optimized |
| No. of constituents | 1025 |
| No of distinct issuers | 370 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 7% /93% |
| Non-standard maturity (callable, etc.) | 8% |
| 0.0% // | 1.0 % |
| 0.0% // | 0.9 % |
| 0.0% // | 0.9 % |
| 0.0% // | 0.8 % |
| 0.0% // | 0.7 % |
| 0.0% // | 0.6 % |
| 0.0% // | 0.6 % |
| 0.0% // | 0.6 % |
| 0.0% // | 0.6 % |
| 0.0% // | 0.5 % |
| TOTAL | 7.2 % |
|---|
| CALIFORNIA ST FOR PREVIOUS ISSUES ... | 3.1% |
| CALIFORNIA ST | 2.7% |
| PENNSYLVANIA ST | 2.4% |
| NEW YORK ST DORM AUTH ST PERS INCO... | 2.4% |
| NEW YORK N Y | 2.4% |
 |
UNITED STATES | 99.0 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 1.1% | 3.8% | 1.1% | 1.2% | 1.9% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 0.22 | 27% |
| S&P500 | 0.00 | 0% |
| MSCI EAFE | 0.00 | 0% |
| MSCI Emg. Mkts. | 0.01 | 1% |
| Recent close | $47.82 |
| 30d moving avg. | $48.21 |
| Annualized volatility | 3.2% |
| Short interest (ETF) | 0.4% |
| Relative strength (RSI) | 40 |
| Avg. volume (thou.) | 266 |
| Avg. daily value traded (mns) | $13 |
| Turnover | 0.4% |
| Bid/Ask (% of price) | 0.03 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| SHM | 2.8 yrs | Category Avg.* |
7.8 yrs |
| SHM | 2.8% | Category Avg.* |
7.7% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 5.06% | -0.7% | $47.47 |
| +200 bp | 4.06% | -2.2% | $46.77 |
| +150 bp | 3.56% | -2.3% | $46.73 |
| +100 bp | 3.06% | -2.0% | $46.89 |
| +75 bp | 2.81% | -1.6% | $47.04 |
| +50 bp | 2.56% | -1.2% | $47.25 |
| +25 bp | 2.31% | -0.6% | $47.51 |
| 0 bp | 2.06% | 0% | $47.82 |
| -25 bp | 1.81% | 0.8% | $48.18 |
| -50 bp | 1.56% | 1.6% | $48.59 |
| -75 bp | 1.31% | 2.6% | $49.06 |
| -100 bp | 1.06% | 3.7% | $49.57 |
| -150 bp | 0.56% | 6.1% | $50.75 |
| -200 bp | 0.06% | 9.0% | $52.13 |
| -300 bp | -0.94% | 16.1% | $55.51 |
*Fund Category: MUNICIPALS
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
206 | bp |
| Less: Annual "default factor" |
4 | bp |
| Less: Expense ratio | 20 | bp |
| Equals: ALTAR Score | 1.82 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 2.9% |
| Corporate | 3.8% |
| Emerging Market | 5.3% |
| Government | 6.9% |
| Inflation Protected | 2.2% |
| Mortgage | 4.6% |
| Municipals | 3.2% |
| *Note: The State Street SPDR Nuveen ICE Short Term Municipal Bond ETF is classified as a Municipals fund. | |