VanEck Intermediate Muni ETFVanEck Intermediate Muni ETFVanEck Intermediate Muni ETF

VanEck Intermediate Muni ETF

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Key stats


Assets under management (AUM)
‪1.96 B‬USD
Fund flows (1Y)
‪−6.77 M‬USD
Dividend yield (indicated)
2.69%
Discount/Premium to NAV
−0.2%

About VanEck Intermediate Muni ETF


Issuer
Van Eck Associates Corp.
Brand
VanEck
Expense ratio
0.18%
Home page
Inception date
Dec 4, 2007
Index tracked
ICE Intermediate AMT-Free Broad National Municipal
Management style
Passive
ITM is an intermediate municipal bond ETF that represents the US investment grade market. The fund includes US municipal obligations whose interests are generally exempt from federal taxes and the alternative minimum tax (AMT). These bonds must have a fixed coupon schedule and should have 6 to 17 years remaining term to final maturity. Index components are market-value-weighted and monthly rebalanced. Prior to March 1, 2022, the fund tracked the Bloomberg AMT-Free Intermediate Continuous Municipal Index. Then until November 30, 2022, the fund used a transition index to gradually broaden its exposure before tracking its current index.

Classification


Asset Class
Fixed income
Category
Government, local authority/municipal
Focus
Investment grade
Niche
Intermediate
Strategy
Vanilla
Weighting scheme
Market value
Selection criteria
AMT-free

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 21, 2024
Exposure type
Bonds, Cash & Other
Municipal
Bonds, Cash & Other100.00%
Municipal98.90%
Cash1.10%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows