ITM
VanEck Intermediate Muni ETF
ITM
VanEck Intermediate Muni ETF
ITM
VanEck Intermediate Muni ETF
ITM
VanEck Intermediate Muni ETF
-
NAV$46.53
as of August 30, 2024 -
YTD RETURNS0.75%
as of August 30, 2024 -
Total Net Assets$1.83B
as of August 30, 2024 -
Total Expense Ratio0.18%
-
Inception Date12/04/2007
-
30-Day SEC Yield3.07%
Fund Description
VanEck Intermediate Muni ETF (ITM®) 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 (MBNI), which is intended to track the overall performance of the U.S. dollar denominated intermediate-term tax-exempt bond market.
Overview
Fund Highlights
- Income exempt from federal taxes
- Targets intermediate-duration municipal bonds
- Investment-grade exposure with high credit quality
Recommended Insights
2024 Mid-Year Update: Are Municipal Bonds on the Road to Recovery?
2024 Mid-Year Update: Are Municipal Bonds on the Road to Recovery?