SPDR Nuveen Barclays Capital Short Term Municipal Bond is an open-end investment management company. The Fund seeks to provide investment results that correspond generally to the price and yield performance of the Barclays Capital Managed Money Municipal Short Term Index (the Index). The Index tracks publicly traded municipal bonds that cover the United States dollar-denominated, short-term tax exempt bond market, including state and local general obligation bonds, revenue bonds, insured bonds and pre-refunded bonds. As of June 30 2015, the Fund's total assets and investment porfolio totaled $2,614,858,243 and $2,579,258,555, respectively. We show 1 historical shares outstanding datapoints in our coverage of SHM's shares outstanding history.
Understanding the changing numbers of SHM shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like SHM versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching SHM by allowing them to research SHM shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
