1. Preheat oven to 325 degrees.
2. Melt butter over low heat in small casserole dish. Add sherry, jam, and apricots. Stir until sauce is smooth.
3. Add smoked ham to casserole; spoon sauce over ham. Cover and bake 30 minutes. Baste ham; bake until ham is glazed, 5 to 10 minutes. Do not overcook. Serve immediately.