ITM
VanEck Intermediate Muni ETFITM Fund Description
ITM tracks a market-value-weighted index of tax-exempt municipal bonds dated within the last 5 years and with nominal maturities of 6-17 years.
ITM Factset Analytics Insight
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 should have 6 to 17 years remaining term to final maturity and must be within five years of their first settlement date. The fund is heavily concentrated in general obligation bonds at the expense of revenue bonds, and favors those that mature between 5-10 years rather than longer-dated issues. ITM’s shorter average maturity results in a portfolio with shorter duration, which also drives down yield. Holdings are market-value-weighted. Effective March 1, 2022, the fund began transitioning to a new underlying ICE index. The transition is expected to be completed on Nov. 30, 2022, and will broaden the exposure of the fund.
ITM Summary Data
ITM Portfolio Data
ITM Index Data
ITM Portfolio Management
ITM Tax Exposures
ITM Fund Structure
ITM Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of ITM. ITM is rated a N/A out of 5.
ITM Tradability
ITM Sector/Industry Breakdown
ITM
ITM Top 10 Holdings[View All]
ITM Top 5 Countries
ITM
ITM Top 5 Currencies
ITM
ITM Performance Statistics
ITM Holdings Statistics
ITM Avg Life Maturity Distribution
ITM OAS Breakdown
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