ITM
VanEck Vectors AMT-Free Intermediate Municipal Index ETFITM Fund Description
ITM tracks a market 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 a popular intermediate municipal bond ETF that represents the market well, 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. Still, the fund offers excellent muni exposure overall. ITM trades well on a retail level, though block trades are challenging due to the general lack of liquidity in the muni space. Its expense ratio and big asset tally give ITM a strong Efficiency foundation, though it suffers from the tracking difficulties that afflict many funds in the muni space. Still, its solid exposure and reasonable Efficiency and liquidity make ITM an Analyst Pick.
ITM CHARTS AND PERFORMANCE
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1 Month
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3 Months
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YTD
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1 Year
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3 Years
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5 Years
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Max
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1 Month
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3 Months
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YTD
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1 Year
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3 Years
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5 Years
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Max
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ITM Top 10 Countries [View All]
ITM Top 10 Sectors
ITM Top 10 Holdings [View All]
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 2 out of 5.
ITM Tradability
ITM Sector/Industry Breakdown
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ITM Top 10 Holdings[View All]
ITM Top 5 Countries
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ITM Top 5 Currencies
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ITM Economic Development
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ITM Performance Statistics
ITM HOLDINGS STATISTICS
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ITM MATURITY DISTRIBUTION
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ITM CREDIT BREAKDOWN
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