ITM

VanEck Intermediate Muni ETF

ICE Interm AMT-Free Brd Nat Muni TR USD

NAV as of 27-Nov-2023

45.4300

4 Week: 43.48 - 45.40

52 Week: 43.42 - 46.87

Latest Closing Price

45.40

Premium / Discount

-0.05

Expense Ratio

0.24%

Investment Objective

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ICE Intermediate AMT-Free Broad National Municipal Index. The fund normally invests at least 80% of its total assets in fixed income securities that comprise the index. The index is comprised of publicly traded municipal bonds that cover the U.S. dollar denominated intermediate term tax-exempt bond market.

Main Fund Characteristics

Fund Manager:
VanEck
Asset Under Management:
1,906,136,199
Launch Date:
03/12/2007
Asset Class:
Fixed Income
Replication Method:
Physical-Sample
Number of Holdings:
1398
Trading Currency:
USD
Style:
Region/Sector/Strategy:
N.A / Municipal / Long Term
Exchange:
CBOEBZX

Performance

Period Performance Returns(%) Volatility(%) Risk Adjusted Performance
YTD-0.460.29-1.57
1 Day0.290.000.00
1 Week0.510.461.10
1 Month4.321.452.98
3 Months0.312.780.11
6 Months-0.333.28-0.10
1 Year0.384.550.08
2 Years-11.507.02-1.64
3 Years-12.377.35-1.68
5 Years-2.6221.15-0.12
10 Years103.5472.761.42

Price History

-

Annual Performance Return

2013201420152016201720182019202020212022
Price (%) -3.51578.97313.6450-0.56476.21030.64468.35185.65440.6098-9.6525
Nav (%) 0.00000.00000.00000.00000.00000.00000.00000.00000.00000.0000
Rank 89.000016.000010.000071.000012.000046.000039.000036.000097.000018.0000

Dividend Frequency

Lastest Dividend

Ex Date Payment Date Dividend Payout per unit
31/10/202306/11/20230.0991
01/10/202305/10/20230.0882
31/08/202307/09/20230.0943
02/07/202306/07/20230.0904
31/05/202306/06/20230.0962
30/04/202304/05/20230.0865
02/04/202309/04/20230.1073
28/02/202306/03/20230.0811
31/01/202306/02/20230.0923
27/12/202229/12/20220.0815

Portfolio Data

Total Number of Holdings: 1398

Number of Bond Holdings: 1397

Number of Equity Holdings: 0

Total Market Value: 1,906,136,199

Portfolio Composition

Top 10 Holdings

% Portfolio Weight Shares Owned Shares Changed Market Value
1CALIFORNIA ST 5%0.30564,555,00005,714,703
2CALIFORNIA ST 5%0.25403,500,00004,750,200
3NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5%0.24913,700,00004,657,893
4CALIFORNIA ST 5%0.23913,500,00004,470,900
5PEFA INC IOWA GAS PROJ REV 5%0.23283,700,00004,352,902
6CALIFORNIA ST 5%0.20923,000,00003,912,810
7MARYLAND ST 5%0.20663,000,00003,863,400
8GEORGIA ST 5%0.20083,000,00003,754,980
9CALIFORNIA ST 5%0.19393,000,00003,626,640
10NEW JERSEY ST TPK AUTH TPK REV 5%0.19082,900,00003,568,972

Country Exposure

Regional Exposure

America

Greater Europe

Greater Asia

Market Classification

Market Capitalization

Size% of portfolio
N.A

Equity Style Box Breakdown

000Large
000Mid
000Small
ValueBlendGrowth

Value Measures

Price/Prospective Earnings*

0.0000

Price/Book*

0.0000

Price/Sales*

0.0000

Price/Cash Flow*

0.0000

Dividend Yield*

0.0000

Growth Measures

Long-Term Earnings

0.0000

Historical Earnings

0.0000

Sales Growth

0.0000

Cash-Flow Growth

0.0000

Book-Value Growth

0.0000

*Forward-looking based on historical data.

Equity Sector

Number of Bond Holdings

1397

Bond Statitics

DetailValue
Average Effective Duration6.84
Average Effective Maturity (Years)*10.85
Average Credit Quality9.00
Average Weighted Coupon*4.55
Average Weighted Price*103.44

Bond Style Box Breakdown

000HighQuality
000Med
000Low
LtdModExt
Interest-Rate Sensitivity

Credit Quality

Type% Bonds
AAA14.15
AA46.37
A17.38
BBB7.63
BB0.00
B0.00
Below B0.00
Not Rated14.47

Bond Sector

Type
% Bonds

Bond Maturity

% Bonds
1 to 3 Years0.00
3 to 5 Years0.00
5 to 7 Years9.87
7 to 10 Years27.06
10 to 15 Years48.44
15 to 20 Years10.77
20 to 30 Years2.31
Over 30 Years1.23
1 to 7 Days0.00
8 to 30 Days0.00
31 to 90 Days0.00
91 to 182 Days0.00
183 to 364 Days0.00

Data Source: Morningstar

© 2019 Morningstar. All Rights Reserved. The information, data, analyses and opinions (“Information”) contained herein:

(1) include the proprietary information of Morningstar and Morningstar’s third party licensors;
(2) may not be copied or redistributed except as specifically authorised;
(3) do not constitute investment advice;
(4) are provided solely for informational purposes;
(5) are not warranted to be complete, accurate or timely; and
(6) may be drawn from fund data published on various dates.

Morningstar and Phillip Securities Pte Ltd are not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.

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