Spdr Nuveen Bloomberg Etf Profile

SHM Etf  USD 47.72  0.02  0.04%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Less than 9

 
High
 
Low
Low
SPDR Nuveen is selling at 47.72 as of the 22nd of November 2024; that is 0.04 percent decrease since the beginning of the trading day. The etf's lowest day price was 47.71. SPDR Nuveen has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for SPDR Nuveen Bloomberg are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of May 2024 and ending today, the 22nd of November 2024. Click here to learn more.
The fund invests substantially all, but at least 80, of its total assets in the securities comprising the index and 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. More on SPDR Nuveen Bloomberg

Moving together with SPDR Etf

  0.89SUB iShares Short TermPairCorr
  0.96DFNM Dimensional ETF TrustPairCorr
  0.82FSMB First Trust ShortPairCorr

Moving against SPDR Etf

  0.51WGMI Valkyrie Bitcoin MinersPairCorr
  0.47STCE Schwab Strategic TrustPairCorr
  0.46MEME Roundhill InvestmentsPairCorr
  0.42RSPY Tuttle Capital ManagementPairCorr
  0.32DSJA DSJAPairCorr

SPDR Etf Highlights

Thematic Ideas
(View all Themes)
Old Names[Synstream Energy Corp, Shimano Inc]
Business ConcentrationBroad Municipals ETFs, Municipals ETFs, Muni National Short, SPDR State Street Global Advisors (View all Sectors)
IssuerSSgA
Inception Date2007-10-10
BenchmarkBloomberg Managed Money Municipal Short Term Index
Entity TypeRegulated Investment Company
Asset Under Management3.65 Billion
Average Trading Valume412,425.8
Asset TypeFixed Income
CategoryMunicipals
FocusBroad Municipals
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorSSgA Funds Management, Inc.
AdvisorSSgA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorState Street Global Advisors Funds Distributors, LLC
Portfolio ManagerTimothy T. Ryan, Steven M. Hlavin
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Aug
ExchangeNYSE Arca, Inc.
Number of Constituents820
Market MakerVirtu Financial
Total Expense0.2
Management Fee0.2
Country NameUSA
Returns Y T D1.51
NameSPDR Nuveen Bloomberg Short Term Municipal Bond ETF
Currency CodeUSD
Open FigiBBG000TJQLR2
In Threey Volatility3.91
1y Volatility3.42
200 Day M A47.5438
50 Day M A47.8844
CodeSHM
Updated At21st of November 2024
Currency NameUS Dollar
SPDR Nuveen Bloomberg [SHM] is traded in USA and was established 2007-10-10. The fund is classified under Muni National Short category within SPDR State Street Global Advisors family. The entity is thematically classified as Broad Municipals ETFs. SPDR Nuveen Bloomberg at this time have 4.6 B in assets. , while the total return for the last 3 years was 0.1%.
Check SPDR Nuveen Probability Of Bankruptcy

Top SPDR Nuveen Bloomberg Etf Constituents

SAN ANTONIO TEX WTR REV 2.62%0.70999996%
CALIFORNIA ST 4%0.81%
NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5%1.08%
CHINO BASIN CALIF REGL FING AUTH REV 4%0.75%
NEW JERSEY ST EDL FACS AUTH REV 5%0.74%
NEW YORK ST URBAN DEV CORP REV 5%0.68%
CALIFORNIA ST 5%0.94%
CONNECTICUT ST HEALTH & EDL FACS AUTH REV 5%0.75%
ORANGE CNTY CALIF TRANSN AUTH REV 5%1.66%
MASSACHUSETTS ST 1.7%0.75%

SPDR Nuveen Bloomberg Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR Nuveen. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

SPDR Nuveen Against Markets

When determining whether SPDR Nuveen Bloomberg offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPDR Nuveen's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spdr Nuveen Bloomberg Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Spdr Nuveen Bloomberg Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR Nuveen Bloomberg. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate.
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The market value of SPDR Nuveen Bloomberg is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Nuveen's value that differs from its market value or its book value, called intrinsic value, which is SPDR Nuveen's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR Nuveen's market value can be influenced by many factors that don't directly affect SPDR Nuveen's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR Nuveen's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Nuveen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Nuveen's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.