SHM holdings

Computed by this site from the fund's SEC Form N-PORT filing; what the measure does not tell you · every fund in one table · hold it with other funds? X-ray the mix. Pricing: 0.56% at a quoted market price (level 1), one issuer country.

SHM's largest investment is Southeast Energy Authority A Cooperative at 0.92% of net assets. California ST and NEW York ST Dorm Auth ST Personal Income TAX Revenue follow; the three together are 2.23%. Ten companies are 5.36% of the fund; the other 1,035 share the rest. Among the 192 bond funds measured here, SHM behaves like 604 holdings against a median of 236.4 — 2.5 times the median. Across 28 quarterly filings SHM has become less concentrated: it behaved like 342.5 at 2019-09-30 and 604 at 2026-06-30. Between the 2026-03-31 and 2026-06-30 filings 145 positions were added and 89 dropped; 11.4% of the weight moved.

Each sentence is read from the fund's own SEC filing; the class median is computed across the comparable bond funds on this site. Nothing here is a view on the fund.

Between 2019-09-30 and 2026-06-30, SHM went from behaving like 342.5 equally weighted positions to 604 — 76% more, while its top ten went from 8.27% to 5.36% of net assets. Read across the funds on the concentration-over-time table.

One row per filed reporting period, newest first, read from EDGAR. Quarterly because that is the public filing cadence. Rows marked * are published but held out of the comparison above; the methodology page says when and why.

The 15 largest of 1,045 positions in SHM's Form N-PORT, weight as a share of net assets, securities-lending collateral excluded. Every position, every quarter: SHM.csv.gz.

Monthly total returns from Item B.5 of SHM's own filings, 84 months on record. Not computed here and not from a price feed.

Cross-checked against a series computed separately from prices: median difference 0.07 percentage points over 84 months, which is roughly the distributions. Every month with the filing it came from: SHM.json · all funds.

988 positions became 1,044: 145 added (10.7% of the fund at the later date), 89 dropped (9.9% at the earlier date). Half the sum of all weight changes, a turnover proxy: 11.4%. Positions are matched on identifiers, so a security whose identifier changed shows as one drop and one add. Every filing of SHM compared this way, as a feed: changes.xml · all funds: filings received.

New: County of Prince George's MD (0.31%), University of Utah/The (0.24%), State of Connecticut (0.24%), State of Connecticut (0.24%), City of Boston MA (0.23%), State of Maryland (0.19%). Gone: New York City Transitional Finance Authority Future Tax Secu (0.52%), Triborough Bridge & Tunnel Authority (0.51%), New Jersey Educational Facilities Authority (0.37%), California State Public Works Board (0.36%), State of New Mexico Severance Tax Permanent Fund (0.36%), New York State Thruway Authority (0.33%).

99.44% debt, 0.56% short-term investment as filed; 0.6% carried at a quoted market price (fair-value level 1). Categories and levels are the filer's; what a low level-1 share does and does not mean is in the measure's page.

Every measured debt fund lined up by how many holdings it behaves like; these sit either side of SHM (604). Same filings, same arithmetic. Position in this list says nothing about which fund is better.