Name of ETF: SPDR Nuveen Barclays Capital Short Term Municipal Bond ETF
Benchmark Index: Barclays Managed Money Municipal Short Term Index
Ticker Symbol: SHM
ETF Key Points:
- Basic Bond Strategy: Tax-free income generation through investing in investment grade short-term municipal bonds.
- Approximate Number of Holdings: 600
- Maturity: These bonds have maturity dates of five years or less.
- Credit Quality: The overwhelming majority of these bonds have credit ratings of AA or higher.
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