SPDR Nuveen Bloomberg 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) | $3,834 |
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% 7/01/57 | 1.0 % |
0.0% 5/01/49 | 0.9 % |
SAN DIEGO CNTY CALIF 5.0% 5/01/21 | 0.8 % |
0.0% 4/01/45 | 0.8 % |
CALIFORNIA ST 5.0% 11/01/22 | 0.8 % |
LOS ANGELES CALIF UNI 5.0% 7/01/22 | 0.8 % |
NEW YORK ST DORM AUTH 5.0% 3/15/23 | 0.7 % |
CALIFORNIA ST 5.0% 8/01/20 | 0.7 % |
CALIFORNIA ST 5.0% 8/01/20 | 0.7 % |
LOS ANGELES CALIF UNI 5.0% 7/01/23 | 0.6 % |
TOTAL | 7.8 % |
---|
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. |
-0.3% | 1.4% | 0.7% | 0.9% | 1.7% |
versus... | Beta | R-squared |
---|---|---|
Barclays Agg. Bond | 0.47 | 78% |
S&P500 | 0.13 | 36% |
MSCI EAFE | 0.15 | 47% |
MSCI Emg. Mkts. | 0.14 | 41% |
Recent close | $47.22 |
30d moving avg. | $47.19 |
Annualized volatility | 3.8% |
Short interest (ETF) | 0.4% |
Relative strength (RSI) | 79 |
Avg. volume (thou.) | 257 |
Avg. daily value traded (mns) | $12 |
Turnover | 0.3% |
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 | 5.50% | -0.7% | $46.87 |
+200 bp | 4.50% | -2.2% | $46.18 |
+150 bp | 4.00% | -2.3% | $46.14 |
+100 bp | 3.50% | -2.0% | $46.30 |
+75 bp | 3.25% | -1.6% | $46.45 |
+50 bp | 3.00% | -1.2% | $46.66 |
+25 bp | 2.75% | -0.6% | $46.91 |
0 bp | 2.50% | 0% | $47.22 |
-25 bp | 2.25% | 0.8% | $47.58 |
-50 bp | 2.00% | 1.6% | $47.98 |
-75 bp | 1.75% | 2.6% | $48.44 |
-100 bp | 1.50% | 3.7% | $48.95 |
-150 bp | 1.00% | 6.1% | $50.11 |
-200 bp | 0.50% | 9.0% | $51.48 |
-300 bp | -0.50% | 16.1% | $54.82 |
*Fund Category: MUNICIPALS
ALTAR Score™
Calculation of ALTAR Score™ | ||
---|---|---|
Adj. Yield to Maturity | 250 | bp |
Less: Annual "default factor" | 4 | bp |
Less: Expense ratio | 20 | bp |
Equals: ALTAR Score | 2.26 | % |
Average ALTAR Score™ by Category | |
---|---|
Aggregate | 3.5% |
Corporate | 4.5% |
Emerging Market | 6.2% |
Government | 4.8% |
Inflation Protected | 3.0% |
Mortgage | 5.2% |
Municipals | 3.4% |
*Note: The SPDR Nuveen Bloomberg Short Term Municipal Bond ETF is classified as a Municipals fund. |