SPDR Nuveen Bloomberg Short Term Municipal Bond ETF Price & Performance (SHM)

With cash losing its appeal due to falling yields, investors are increasingly turning to short-term municipal bond ETFs like SHM. These funds offer tax-advantaged income and lower interest rate risk, making them attractive for those seeking stability amid uncertain economic conditions. This trend reflects a broader move toward conservative fixed-income strategies.12

The SPDR Nuveen Bloomberg Short Term Municipal Bond ETF (SHM) continues its monthly dividend distributions, with the most recent payout at $0.09947 per share. The ETF’s focus on investment-grade, short-duration municipal bonds has helped it deliver consistent income, appealing to investors prioritizing capital preservation and tax efficiency.34

SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (HYMB) declared a $0.0925 per share monthly dividend, with a 30-day SEC yield of 4.64%. As municipal bond funds gain traction, HYMB stands out for investors seeking higher yields with tax advantages, despite the increased credit risk associated with high-yield holdings.56