VanEck Vectors AMT-Free Intermediate Municipal Index ETF (ITM)
| Assets | $1.62B |
| NAV | $43.54 |
| Expense Ratio | 0.24% |
| PE Ratio | n/a |
| Shares Out | 37.20M |
| Dividend (ttm) | $0.85 |
| Dividend Yield | 1.95% |
| Ex-Dividend Date | Sep 1, 2022 |
| 1-Year Return | -14.92% |
| Volume | 593,539 |
| Open | 43.63 |
| Previous Close | 43.63 |
| Day's Range | 43.50 - 43.69 |
| 52-Week Low | 43.50 |
| 52-Week High | 51.45 |
| Beta | 0.09 |
| Holdings | 1760 |
| Inception Date | Dec 4, 2007 |
About ITM
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.
Top 10 Holdings
3.76% of assets| Name | Symbol | Weight |
|---|---|---|
| CALIFORNIA ST 4% | CA CAS 4 03.01.2036 | 0.61% |
| Us Dollar | n/a | 0.46% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4% | n/a | 0.40% |
| MARYLAND ST 5% | n/a | 0.39% |
| NEW JERSEY ST 5% | NJ NJS 5 06.01.2038 | 0.34% |
| CALIFORNIA ST 5% | n/a | 0.32% |
| HOUSTON TEX UTIL SYS REV 5% | TX HOUUTL 5 11.15.2033 | 0.32% |
| NEW YORK ST URBAN DEV CORP ST SALES TAX REV 5% | n/a | 0.31% |
| CALIFORNIA ST 5% | CA CAS 5 04.01.2032 | 0.31% |
| BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV 4% | AL BBEUTL 06.01.2051 | 0.31% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 1, 2022 | $0.0736 | Sep 8, 2022 |
| Aug 1, 2022 | $0.0773 | Aug 5, 2022 |
| Jul 1, 2022 | $0.0802 | Jul 8, 2022 |
| Jun 1, 2022 | $0.0721 | Jun 7, 2022 |
| May 2, 2022 | $0.0703 | May 6, 2022 |
| Apr 1, 2022 | $0.0658 | Apr 7, 2022 |
News
VanEck to Transition Underlying Indexes for Several of Its Municipal Bond ETFs
NEW YORK--(BUSINESS WIRE)--VanEck announces plans to change underlying indexes tracked by some of the firm's municipal bond ETFs to new indexes from ICE Data Indices (“ICE”)
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Reach for Higher Yield, Lower Risk with Munis and ‘ITM'
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Muni Bonds on Track for Best Month Since 2009: ETF Winners
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A Good Place to Hide Out in Rough Markets
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Sustainable Investing Is Coming to Municipal Bond ETFs
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Tax-the-Rich Slogan Not to Help Muni Bond ETFs Much
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For Conservative Investors, Municipal Bonds Still Make Sense
Municipal bonds are often viewed as low-risk investments and some market observers believe risk in the muni market is currently benign, potentially setting up opportunities with ETFs, such as the VanEck...
Muni Bonds Off to Best Start Since 2006: 5 Hot ETFs to Buy
Why muni bond ETFs have been rallying hard this year.