ITM
VanEck Intermediate Muni ETF
NAV as of
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
Performance
| Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
|---|---|---|---|
| YTD | -0.46 | 0.29 | -1.57 |
| 1 Day | 0.29 | 0.00 | 0.00 |
| 1 Week | 0.51 | 0.46 | 1.10 |
| 1 Month | 4.32 | 1.45 | 2.98 |
| 3 Months | 0.31 | 2.78 | 0.11 |
| 6 Months | -0.33 | 3.28 | -0.10 |
| 1 Year | 0.38 | 4.55 | 0.08 |
| 2 Years | -11.50 | 7.02 | -1.64 |
| 3 Years | -12.37 | 7.35 | -1.68 |
| 5 Years | -2.62 | 21.15 | -0.12 |
| 10 Years | 103.54 | 72.76 | 1.42 |
Price History
Annual Performance Return
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Price (%) | -3.5157 | 8.9731 | 3.6450 | -0.5647 | 6.2103 | 0.6446 | 8.3518 | 5.6544 | 0.6098 | -9.6525 |
| Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Rank | 89.0000 | 16.0000 | 10.0000 | 71.0000 | 12.0000 | 46.0000 | 39.0000 | 36.0000 | 97.0000 | 18.0000 |
Dividend Frequency
Lastest Dividend
| Ex Date | Payment Date | Dividend Payout per unit |
|---|---|---|
| 31/10/2023 | 06/11/2023 | 0.0991 |
| 01/10/2023 | 05/10/2023 | 0.0882 |
| 31/08/2023 | 07/09/2023 | 0.0943 |
| 02/07/2023 | 06/07/2023 | 0.0904 |
| 31/05/2023 | 06/06/2023 | 0.0962 |
| 30/04/2023 | 04/05/2023 | 0.0865 |
| 02/04/2023 | 09/04/2023 | 0.1073 |
| 28/02/2023 | 06/03/2023 | 0.0811 |
| 31/01/2023 | 06/02/2023 | 0.0923 |
| 27/12/2022 | 29/12/2022 | 0.0815 |
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 | ||
|---|---|---|---|---|---|
| 1 | CALIFORNIA ST 5% | 0.3056 | 4,555,000 | 0 | 5,714,703 |
| 2 | CALIFORNIA ST 5% | 0.2540 | 3,500,000 | 0 | 4,750,200 |
| 3 | NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5% | 0.2491 | 3,700,000 | 0 | 4,657,893 |
| 4 | CALIFORNIA ST 5% | 0.2391 | 3,500,000 | 0 | 4,470,900 |
| 5 | PEFA INC IOWA GAS PROJ REV 5% | 0.2328 | 3,700,000 | 0 | 4,352,902 |
| 6 | CALIFORNIA ST 5% | 0.2092 | 3,000,000 | 0 | 3,912,810 |
| 7 | MARYLAND ST 5% | 0.2066 | 3,000,000 | 0 | 3,863,400 |
| 8 | GEORGIA ST 5% | 0.2008 | 3,000,000 | 0 | 3,754,980 |
| 9 | CALIFORNIA ST 5% | 0.1939 | 3,000,000 | 0 | 3,626,640 |
| 10 | NEW JERSEY ST TPK AUTH TPK REV 5% | 0.1908 | 2,900,000 | 0 | 3,568,972 |
Country Exposure
Regional Exposure
America
Greater Europe
Greater Asia
Market Classification
Market Capitalization
| Size | % of portfolio |
|---|---|
| N.A | |
Equity Style Box Breakdown
| 0 | 0 | 0 | Large |
| 0 | 0 | 0 | Mid |
| 0 | 0 | 0 | Small |
| Value | Blend | Growth |
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
| Detail | Value |
|---|---|
| Average Effective Duration | 6.84 |
| Average Effective Maturity (Years)* | 10.85 |
| Average Credit Quality | 9.00 |
| Average Weighted Coupon* | 4.55 |
| Average Weighted Price* | 103.44 |
Bond Style Box Breakdown
| 0 | 0 | 0 | High | Quality |
| 0 | 0 | 0 | Med | |
| 0 | 0 | 0 | Low | |
| Ltd | Mod | Ext | ||
| Interest-Rate Sensitivity | ||||
Credit Quality
| Type | % Bonds |
|---|---|
| AAA | 14.15 |
| AA | 46.37 |
| A | 17.38 |
| BBB | 7.63 |
| BB | 0.00 |
| B | 0.00 |
| Below B | 0.00 |
| Not Rated | 14.47 |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| 1 to 3 Years | 0.00 |
| 3 to 5 Years | 0.00 |
| 5 to 7 Years | 9.87 |
| 7 to 10 Years | 27.06 |
| 10 to 15 Years | 48.44 |
| 15 to 20 Years | 10.77 |
| 20 to 30 Years | 2.31 |
| Over 30 Years | 1.23 |
| 1 to 7 Days | 0.00 |
| 8 to 30 Days | 0.00 |
| 31 to 90 Days | 0.00 |
| 91 to 182 Days | 0.00 |
| 183 to 364 Days | 0.00 |
Data Source: Morningstar
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