Fund Description
The VanEck Intermediate Municipal ETF (ITM) seeks to replicate as closely as possible before fees and expenses the price and yield performance of the Bloomberg AMT-Free Intermediate Continuous Municipal Index . The Index provides broad exposure to investment-grade municipal bonds with a nominal maturity of 6-17 years.
Fund Profile
Fund Name VanEck Intermediate Municipal ETF
Fund Exchange Ticker ITM
Fund Sponsor Van Eck Associates Corporation
Fund ISIN US92189H2013
Net Expense Ratio 0.24 %
Fund Inception Date 4 December 2007
Fund Legal Structure ETF (Open end fund)
Exchange BATS
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Municipal
Asset Class Bonds
Index Linked Passive
Index Name Bloomberg AMT-Free Intermediate Continuous Municipal Index
Index Provider Bloomberg
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Municipal
Credit Quality Investment Grade Only
Average Maturity Intermediate (3-10) years
Bond Currency Denomination USD
Key Statistics
Return As of Date 26 November 2021
Asset Under Management 1936.90 Million (USD)
1 Month Total Return 0.82 %
Year To Date Return -0.14 %
1 Year Total Return 0.83 %
3 Year Annualized Total Return 5.38 %
NAV 51.31
Share Outstanding 37,748,900
Top 10 Holdings (24 November 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
State Of California BOND 0.0060000000
Board Of Water Commissioners City & Cou BOND 0.0039000000
New York City Transitional Finance Auth BOND 0.0038000000
State Of Maryland BOND 0.0038000000
State Of New Jersey BOND 0.0033000000
New Jersey Educational Facilities Autho BOND 0.0031000000
City Of Houston Tx Combined Utility Sys BOND 0.0031000000
New York State Urban Development Corp BOND 0.0031000000
State Of California BOND 0.0030000000
New York City Transitional Finance Auth BOND 0.0030000000