ITMVanEck Intermediate Muni ETF

Get income18y track recordRanked #117 of 1,622 in this goal

Seeks to replicate the price and yield performance of the ICE Intermediate AMT-Free Broad National Municipal Index.

By VanEck · Launched 2007

Annual Cost

0.18%

#884 of 5,562 · low cost

Fund Size

$2.2B

#710 of 5,562 · large

Dividend YieldGoal

2.94%

Track Record

18 years

#552 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,539+5.4%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

ICE Intermediate AMT-Free Broad National Municipal Index

What it actually holds

By weight

Concentration

Top 10 holdings = 3.8% of fund✓ well diversified

New Jersey Educational Facilities Authority

0.5%

California Community Choice Financing Authority

0.5%

California Community Choice Financing Authority

0.4%

State of California

0.4%

Connecticut State Health & Educational Facilities Authority

0.4%

California Community Choice Financing Authority

0.4%

State of California

0.3%

New York City Municipal Water Finance Authority

0.3%

California Housing Finance Agency

0.3%

Southeast Energy Authority A Cooperative District

0.3%

Asset allocation

Bonds

98.9%

Cash

1.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

2.8%Low

Year-on-year price swings

Max drawdown

-24.7%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.04Below average

Sortino (3Y)

0.05Moderate downside risk

Bond profile

Duration

4.7 years

Avg maturity

10.6 years

Credit ratings

AAA

19.0%

48.8%

18.8%

BBB

3.8%

Below B

0.0%

Other

9.5%

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks to replicate the price and yield performance of the ICE Intermediate AMT-Free Broad National Municipal Index.
Strategy: Invests primarily in fixed income securities that comprise the Intermediate Index, which includes publicly traded municipal bonds. Uses a passive investment approach to approximate the performance of the Intermediate Index, utilizing a sampling methodology.
Inception date: December 4, 2007
Fund family: VanEck