SHM ETF Analysis: Nuveen Bloomberg Short Term | NYSE
Muni National Short | NYSE, USA | Market Cap: 3.489m USD | 12M Return: -0.7% | US78468R7391 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 14.8M
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
The fund employs a passive indexing strategy, investing at least 80% of its total assets in the securities that make up its underlying index, as well as in securities that the Sub-Adviser considers to have substantially identical economic characteristics. The index itself is rules-based and market-capitalization weighted, specifically engineered for the tax-exempt bond market.
As a short-term municipal bond ETF, SHM targets debt issued by U.S. state and local governments, which typically generates income exempt from federal (and sometimes state) income tax. The short-term designation indicates a shorter duration profile, generally meaning lower sensitivity to interest rate movements compared to longer-dated bond funds.
- Fed rate cuts compress short-term muni bond yields
- Money market funds compete with rising tax-equivalent yields
- Municipal issuance surges on infrastructure spending
As of September 27, 2026, the stock is trading at USD 46.68 with a total of 468,900 shares traded. Over the past week, the price has changed by -0.97%, over one month by -2.09%, over three months by -2.00% and over the past year by -0.73%.
Current recommended Stop Loss: 46.50 (which is 0.4% or 1.4 ATR below the current price).
Nuveen Bloomberg Short Term has no consensus analysts rating.