ITM

VanEck Intermediate Muni ETF
*Unless otherwise stated, data provided by FactSet.

ITM 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, with a few minor biases. It's heavily concentrated in general obligation bonds at the expense of revenue bonds, and it favors bonds maturing between 5-10 years rather than longer-dated issues. Its shorter average maturity gives ITM a shorter duration, which also drives down yield. The bonds included are market-value-weighted and the income from these are generally exempt from federal taxes and the Alternative Minimum Tax.

PERFORMANCE [as of 09/16/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
ITM -0.13% -0.10% -0.11% 1.98% 5.45% 3.19% 3.82%
ITM (NAV) -0.17% -0.05% 0.84% 0.38% 5.15% 3.34% 4.44%
Bloomberg AMT-Free Intermediate Continuous Municipal Index -0.10% 0.14% 1.47% 3.67% 6.24% 3.91% 4.52%
Bloomberg Barclays Municipal Intermediate (5-10 Y) -0.04% 0.32% 0.94% 2.36% 4.92% 3.11% 3.39%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

ITM Summary Data

VanEck
12/04/07
Open-Ended Fund
0.24%
$1.95B
$5.92M
0.04%

ITM Portfolio Data

6.32
--
2.06%
09/01/21
2,270

ITM Index Data

Bloomberg AMT-Free Intermediate Continuous Municipal Index
Market Value
AMT-Free
Bloomberg Barclays Municipal Intermediate (5-10 Y)

ITM Portfolio Management

0.24%
-0.81%
-0.48%
-2.18%

ITM Tax Exposures

20.00% / 39.60%
0.11%
Ordinary income
No

ITM Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

ITM Factset Analytics Block Liquidity

As of 09/17/21
5
4
3
2
1

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

113,991
$5.92M
86,364
$4.50M
0.04%
$0.02
0.05%
0.24% / -0.31%
None
100.00%
50,000
1.73
0.01%
--
713
$51.74
N/A

ITM Sector/Industry Breakdown


ITM
Segment Benchmark
60.08%
--
36.22%
--
3.69%
--

ITM Top 10 Holdings[View All]

0.60%
0.39%
0.39%
0.38%
0.33%
0.33%
0.33%
0.33%
0.31%
0.31%
3.70%

ITM Top 5 Countries


ITM
Segment Benchmark
100.00%
--

ITM Top 5 Currencies


ITM
Segment Benchmark
100.00%
--

ITM Performance Statistics

0.97
1.48
--
--
--

ITM Holdings Statistics

7.18 years
6.32
2.06%
6.32
Low
2,270
0.36%

ITM Avg Life Maturity Distribution

0.44%
0.08%
0.91%
6.88%
48.09%
35.55%
6.31%
1.61%
0.12%

ITM OAS Breakdown

95.74%
4.26%
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--
--
--
--
--
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