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VanEck Vectors AMT-Free Intermediate Municipal Index ETF (ITM)

23.70
Delayed Data
As of Apr 24
 -0.05 / -0.21%
Today’s Change
22.74
Today|||52-Week Range
24.94
+2.20%
Year-to-Date

Investment Objective

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Bloomberg Barclays AMT-Free Intermediate Continuous 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.

4 Reasons Why Muni Bond ETFs Are Back in Favor
Apr 19 / Zacks.com - Paid Partner Content
 

Performance

1 month+1.35% 3 years+3.21%
3 months+2.34% 5 years+2.86%
1 year-0.47% Since inception+4.38%
Data through 04/27/2017

Quote Details

Previous close$23.75
Open day’s range23.67 – 23.72
Net asset value (NAV)23.70 (04/26/2017)
Daily volume248,518
Average volume (3 months)568,821
Data as of 3:59pm ET, 04/24/2017

Peer Comparisonvs. Muni national interm ETFs

 ITMCategory
Performance 5-yr return+2.86%+2.57%
Expense Gross exp ratio0.24%0.80%
Risk 5 year sharpe ratio0.640.70
Net assets$1.6B$1.8B
Average market cap--$5.4B
Average P/E--35.2
Dividend / Share--0.02%

Competitors

MUB iShares National Muni Bond ETF
GMMB Columbia Intermediate Municipal Bond ETF
MUNI PIMCO Intermediate Municipal Bond Active...

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 0.44%
-- 0.28%
-- 0.27%
-- 0.26%
-- 0.25%
-- 0.24%
-- 0.24%
-- 0.24%
-- 0.24%
-- 0.24%