ATLASVanEck Intermediate Muni ETF (ITM): outlook, holdings and fees
VanEck Intermediate Muni ETF (ITM) is an exchange-traded fund and is managed by VanEck. The expense ratio is 0.18% and the yield is 3.36%. The ten largest holdings are 3% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on ITM
| Last price | $45.75 (0.0%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 65% |
| Likely 1-month range (50%) | $45.56 – $46.46 |
| Normal 1-day range (±1σ) | ±0.3% |
| Distribution yield | 3.36% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
ITM fund facts
| Issuer | VanEck |
|---|---|
| Theme | Municipal bonds |
| Assets under management | $2.1B |
| Expense ratio | 0.18% |
| Number of holdings | 9 |
| Portfolio turnover | 18% |
| Inception | Dec 4, 2007 |
| Exchange | CBOE |
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.
ITM top holdings
| Holding | Sector | Weight |
|---|---|---|
| CALIFORNIA ST 4% | – | 0.61% |
| DENVER COLO CITY & CNTY BRD WTR COMMRS WTR REV 5% | – | 0.38% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4% | – | 0.38% |
| MARYLAND ST 5% | – | 0.37% |
| NEW JERSEY ST 5% | – | 0.33% |
| TRIBOROUGH BRDG & TUNL AUTH N Y PAYROLL MOBILITY TAX 2% | – | 0.33% |
| HOUSTON TEX UTIL SYS REV 5% | – | 0.32% |
| NEW JERSEY ST EDL FACS AUTH REV 2% | – | 0.32% |
| NEW YORK ST URBAN DEV CORP ST SALES TAX REV 5% | – | 0.32% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
ITM returns and risk
| Year to date | -4.2% |
|---|---|
| 1 year | -2.2% |
| 3 years (annualised) | +3.0% |
| 5 years (annualised) | -0.3% |
| 10 years (annualised) | +1.4% |
| Volatility (3 years) | 5.8% |
| Sharpe ratio (3 years) | -0.28 |
Past returns do not guarantee future results.
ITM: frequently asked questions
What does ITM invest in?
VanEck Intermediate Muni ETF invests in a portfolio of securities. Its largest holdings are CALIFORNIA ST 4% (0.6%), DENVER COLO CITY & CNTY BRD WTR COMMRS WTR REV 5% (0.4%), NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4% (0.4%), MARYLAND ST 5% (0.4%), NEW JERSEY ST 5% (0.3%).
What is the ITM expense ratio?
0.18% a year: about $18.00 for every $10,000 invested.
What is the ITM dividend yield?
3.36%. ATLAS does not hold the exact distribution dates for ETFs.
Will ITM go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 65%, with a likely range (50%) of $45.56 to $46.46 from $45.75 today. It is a probability, not a prediction.
How has ITM performed?
Year to date -4.2%, one year -2.2%, three years +3.0% a year, five years -0.3% a year. Past returns do not guarantee future results.
Similar ETFs: Municipal bonds
- State Street Communication Services Select Sector SPDR ETF (XLC)
- VanEck High Yield Muni ETF (HYD)
- Invesco National AMT-Free Municipal Bond ETF (PZA)
- State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB)
- State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM)
- PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI)
- State Street SPDR Nuveen ICE Municipal Bond ETF (TFI)
- Franklin Dynamic Municipal Bond ETF (FLMI)
Educational information, not investment advice. Disclaimer