Vaneck Intermediate Muni Etf Profile

ITM Etf  USD 46.66  0.19  0.41%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 9

 
High
 
Low
Low
VanEck Intermediate is selling at 46.66 as of the 30th of November 2024; that is 0.41 percent increase since the beginning of the trading day. The etf's lowest day price was 46.59. VanEck Intermediate has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for VanEck Intermediate Muni are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its total assets in fixed income securities that comprise the index. Vaneck Intermediate is traded on BATS Exchange in the United States. More on VanEck Intermediate Muni

Moving together with VanEck Etf

  0.92MUB iShares National MuniPairCorr
  0.92VTEB Vanguard Tax ExemptPairCorr
  0.98FMB First Trust ManagedPairCorr
  0.96MMIT IQ MacKay MunicipalPairCorr
  0.94HMOP Hartford MunicipalPairCorr

Moving against VanEck Etf

  0.58RSPY Tuttle Capital ManagementPairCorr
  0.57DSJA DSJAPairCorr
  0.52MEME Roundhill InvestmentsPairCorr
  0.48EOS Eaton Vance EnhancedPairCorr

VanEck Etf Highlights

Thematic Ideas
(View all Themes)
Old Names[Intema Solutions Inc, ITM POWER, ITALMOBILIARE (ITM.SG), Italmobiliare SpA, Interma Trade SA]
Business ConcentrationMunicipals ETFs, Broad Municipals ETFs, Muni National Interm, VanEck (View all Sectors)
IssuerVan Eck
Inception Date2007-12-04
BenchmarkICE Intermediate AMT-Free Broad National Municipal Index
Entity TypeRegulated Investment Company
Asset Under Management1.97 Billion
Average Trading Valume234,206.3
Asset TypeFixed Income
CategoryMunicipals
FocusBroad Municipals
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorVan Eck Associates Corporation
AdvisorVan Eck Associates Corporation
CustodianState Street Bank and Trust Company
DistributorVan Eck Securities Corporation
Portfolio ManagerJames Colby III, Stephanie Wang
Transfer AgentState Street Bank and Trust Company
Fiscal Year End30-Apr
ExchangeCboe BZX Exchange, Inc.
Number of Constituents1,290
Market MakerJane Street
Total Expense0.18
Management Fee0.18
Country NameUSA
Returns Y T D1.06
NameVanEck Intermediate Muni ETF
Currency CodeUSD
Open FigiBBG000Q0JKR6
In Threey Volatility7.82
1y Volatility6.93
200 Day M A46.2711
50 Day M A46.4106
CodeITM
Updated At30th of November 2024
Currency NameUS Dollar
VanEck Intermediate Muni [ITM] is traded in USA and was established 2007-12-04. The fund is classified under Muni National Interm category within VanEck family. The entity is thematically classified as Municipals ETFs. VanEck Intermediate Muni currently have 1.57 B in assets under management (AUM). , while the total return for the last 3 years was -0.9%.
Check VanEck Intermediate Probability Of Bankruptcy

Top VanEck Intermediate Muni Etf Constituents

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4%0.4%
MARYLAND ST 5%0.39%
CALIFORNIA ST 4%0.61000003%
DENVER COLO CITY & CNTY BRD WTR COMMRS WTR REV 5%0.4%
NEW JERSEY ST 5%0.34%
TRIBOROUGH BRDG & TUNL AUTH N Y PAYROLL MOBILITY TAX 2%0.34%
HOUSTON TEX UTIL SYS REV 5%0.32%
NEW YORK ST URBAN DEV CORP ST SALES TAX REV 5%0.32%
NEW JERSEY ST EDL FACS AUTH REV 2%0.32%

VanEck Intermediate Top Holders

MAAXMAAXEtfHigh Yield Muni
NEARXNear Term Tax FreeMutual FundMuni National Short
QBDAXQuantified Managed IncomeMutual FundAllocation--15% to 30% Equity
QBDSXQuantified Managed IncomeMutual FundAllocation--15% to 30% Equity
More Details

VanEck Intermediate Muni Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in VanEck Intermediate. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

VanEck Intermediate Against Markets

When determining whether VanEck Intermediate Muni is a strong investment it is important to analyze VanEck Intermediate's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact VanEck Intermediate's future performance. For an informed investment choice regarding VanEck Etf, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VanEck Intermediate Muni. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of VanEck Intermediate Muni is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Intermediate's value that differs from its market value or its book value, called intrinsic value, which is VanEck Intermediate's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VanEck Intermediate's market value can be influenced by many factors that don't directly affect VanEck Intermediate's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VanEck Intermediate's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Intermediate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Intermediate's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.