VanEck Intermediate Muni ETF (ITM)

BATS: ITM · IEX Real-Time Price · USD
46.63
-0.06 (-0.13%)
Feb 26, 2024, 4:00 PM EST - Market closed
-0.13%
Assets $1.93B
Expense Ratio 0.24%
PE Ratio n/a
Shares Out 40.15M
Dividend (ttm) $1.14
Dividend Yield 2.44%
Ex-Dividend Date Feb 1, 2024
Payout Ratio n/a
1-Year Return +2.55%
Volume 103,409
Open 46.73
Previous Close 46.69
Day's Range 46.59 - 46.73
52-Week Low 43.35
52-Week High 47.15
Beta 0.05
Holdings 1259
Inception Date Dec 4, 2007

About ITM

Fund Home Page

The VanEck Intermediate Muni ETF (ITM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of investment grade, tax-exempt US municipal bonds with nominal maturities of 6-17 years. ITM was launched on Dec 4, 2007 and is issued by VanEck.

Asset Class Fixed Income
Category Muni National Long
Region North America
Stock Exchange BATS
Ticker Symbol ITM
ETF Provider VanEck
Index Tracked ICE Intermediate AMT-Free Broad National Municipal

Dividends

Ex-Dividend Amount Pay Date
Feb 1, 2024 $0.1037 Feb 7, 2024
Dec 27, 2023 $0.1011 Dec 29, 2023
Dec 1, 2023 $0.0954 Dec 7, 2023
Nov 1, 2023 $0.0991 Nov 7, 2023
Oct 2, 2023 $0.0882 Oct 6, 2023
Sep 1, 2023 $0.0943 Sep 8, 2023
Full Dividend History

News

Time to Chill on Tbills?

By Patrick Schramm, ETF Strategist Discover why savvy investors are starting to cool on Tbills and where they're turning next for greater returns in a market poised for change. 2023 was quite a year f...

Other symbols: ANGLMBBBMLN
7 weeks ago - ETF Trends

Income Investing Playbook 2024: Navigating the New Interest Rate Regime

Yields have reset higher across fixed income markets, leaving bonds well positioned in a range of different economic and interest rate scenarios in 2024. Introduction to Income Investing Income invest...

2 months ago - ETF Trends

How to Target the Sweet Spot of the Muni Yield Curve

By John Patrick Lee, CFA Product Manager The muni bond market's yield curve is inverted in the short end but positively sloped and steep in the intermediate part, providing attractive roll yield for t...

10 months ago - ETF Trends

Looking for Duration “Sweet Spot” in Muni Bonds? Investigate This ETF

Investors often toss around the phrase “sweet spot” in relation to the equity markets, most commonly for mid-cap stocks. However, it applies elsewhere — such as in muni bonds, where advisors and inves...

10 months ago - ETF Trends

Bull vs. Bear: A Town Hall On Muni ETFs

Bull vs. Bear is a weekly  feature where the VettaFi writers' room takes opposite sides for a debate on controversial stocks, strategies, or market ideas — with plenty of discussion of ETF ideas to pl...

Other symbols: MBNEQPFFSPLBTAXFVCLT
1 year ago - ETF Trends

Why Income Investors Should Revisit Municipal Bond ETFs

Investors should consider the opportunities in the municipal bond market and turn to related exchange traded fund strategies to diversify back into this fixed income category.

Other symbols: HYDMLNSHYDSMBSMIXMPT
1 year ago - ETF Trends

Munis Positioned to Shine in 2023

Municipal bonds now offer yields not seen in more than a decade (aside from a spike at the onset of the pandemic). Investors need to pay attention to these higher income levels as they consider portfo...

Other symbols: HYDXMPT
1 year ago - ETF Trends

High-Quality Munis Could Be High-Quality Idea in 2023

The Bloomberg US Aggregate Bond Index is coming off its worst annual performance since inception in 1976, and municipal bonds of various credit qualities were caught up in that mess. Blame the Federal...

1 year ago - ETF Trends

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”)

Other symbols: HYDMLNSHYDSMB
2 years ago - Business Wire

VanEck Debuts ESG Focused Muni ETF

VanEck has launched an active municipal bond fund with a sustainability twist.

Other symbols: EAGGGRNBSMOG
2 years ago - ETFcom

Reach for Higher Yield, Lower Risk with Munis and ‘ITM'

Municipal bonds could give fixed income investors the higher yields they're looking for. The VanEck Vectors Intermediate Muni ETF (ITM) is one place to start.

3 years ago - ETF Trends

ETFs Without the Tax Hit for Fixed Income Investors

With 2021 about a month and a half away, it's not to early to start talking about fixed income taxes, or even better, not paying them. Bonds have had an incredible run this year amid a pandemic-ridden...

3 years ago - ETF Trends

A Good Place to Hide Out in Rough Markets

Investors looking for income and some shelter from recent equity market volatility may want to consider municipal bonds and it appears some as a slew of related ETFs hit all-time highs on a rough day ...

Other symbols: MLN
4 years ago - ETF Trends

Sustainable Investing Is Coming to Municipal Bond ETFs

Sustainable investing is much more than a new buzz phrase in the investment community.

Other symbols: GRNBHYDMLNSHYD
4 years ago - ETF Trends

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 VanE...

Other symbols: HYDMLNSHYD
4 years ago - ETF Trends