ducovest

SHM:ARCA-SPDR Nuveen Bloomberg Barclays Short Term Municipal Bond (USD)

ETF | Muni National Short | NYSE Arca

Last Closing

USD 47.195

Change

-0.03 (-0.05)%

Market Cap

USD 3.12B

Volume

0.56M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Barclays Managed Money Municipal Short Term Index. The fund invests substantially all, but at least 80%, of its total assets in the securities comprising the index or 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. The index tracks the short term tax exempt municipal bond market and provides income that is exempt from federal income taxes. The fund is non-diversified.

Company Website : www.spdrs.com

Currency: USD

Country : USA

Inception Date: 10/10/2007

Primary Benchmark: BBgBarc Muni Managed Mny Short TR USD

Primary Index: BBgBarc Municipal TR USD

Gross Expense Ratio: 0.2%

Management Expense Ratio: 0.20 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-04-19 )

Largest Industry Peers for Muni National Short

Symbol Name Mer Price(Change) Market Cap
SUB iShares Short-Term National Mu.. 0.11 %

+0.06 (+0.06%)

 USD 8.82B
SMMU PIMCO Short Term Municipal Bon.. 0.35 %

N/A

 USD 0.57B
FSMB First Trust Short Duration Man.. 0.00 %

+0.01 (+0.05%)

 USD 0.41B
FUMB First Trust Ultra Short Durati.. 0.00 %

N/A

 USD 0.21B
PVI Invesco VRDO Tax-Free ETF 0.25 %

N/A

 USD 0.04B

ETFs Containing SHM

N/A

Market Performance

  Market Performance vs. Industry/Classification (Muni National Short) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -1.25% 17% F 44% F
Dividend Return 0.40% 17% F 23% F
Total Return -0.84% 17% F 40% F
Trailing 12 Months  
Capital Gain -0.07% 50% F 41% F
Dividend Return 1.32% 17% F 17% F
Total Return 1.25% 17% F 33% F
Trailing 5 Years  
Capital Gain -2.53% 17% F 45% F
Dividend Return 4.71% 33% F 15% F
Total Return 2.18% 17% F 33% F
Average Annual (5 Year Horizon)  
Capital Gain -0.50% 50% F 38% F
Dividend Return 0.37% 33% F 29% F
Total Return 0.87% 50% F 22% F
Risk Return Profile  
Volatility (Standard Deviation) 7.10% 17% F 88% B+
Risk Adjusted Return 5.21% 17% F 31% F
Market Capitalization 3.12B 83% B 73% C

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.