Vaneck Intermediate Muni Etf Profile
| ITM Etf | USD 45.96 0.10 0.22% |
Performance0 of 100
| Odds Of DistressLess than 9
|
VanEck Intermediate is selling at 45.96 as of the 17th of April 2024; that is 0.22 percent increase since the beginning of the trading day. The etf's lowest day price was 45.84. VanEck Intermediate has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over 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 18th of March 2024 and ending today, the 17th of April 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
| 0.94 | MUB | iShares National Muni Sell-off Trend | PairCorr |
| 0.95 | VTEB | Vanguard Tax Exempt Sell-off Trend | PairCorr |
| 0.94 | FMB | First Trust Managed | PairCorr |
| 0.96 | MMIT | IQ MacKay Municipal | PairCorr |
| 0.82 | HMOP | Hartford Municipal | PairCorr |
| 0.95 | TAXF | American Century Div | PairCorr |
VanEck Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. VanEck Intermediate's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding VanEck Intermediate or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO | Keith Carlson |
| Thematic Ideas | (View all Themes) |
| Old Names | [Intema Solutions Inc, ITM POWER, ITALMOBILIARE (ITM.SG), Italmobiliare SpA, Interma Trade SA] |
| Business Concentration | Municipals ETFs, Broad Municipals ETFs, Muni National Interm, VanEck (View all Sectors) |
| Issuer | Van Eck |
| Inception Date | 2007-12-04 |
| Benchmark | ICE Intermediate AMT-Free Broad National Municipal Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 1.81 Billion |
| Average Trading Valume | 195,668.7 |
| Asset Type | Fixed Income |
| Category | Municipals |
| Focus | Broad Municipals |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Van Eck Associates Corporation |
| Advisor | Van Eck Associates Corporation |
| Custodian | State Street Bank and Trust Company |
| Distributor | Van Eck Securities Corporation |
| Portfolio Manager | James Colby III, Stephanie Wang |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Apr |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 1,245 |
| Market Maker | Jane Street |
| Total Expense | 0.24 |
| Management Fee | 0.24 |
| Country Name | USA |
| Returns Y T D | (1.5) |
| Name | VanEck Intermediate Muni ETF |
| Currency Code | USD |
| Open Figi | BBG000Q0JKR6 |
| In Threey Volatility | 7.69 |
| 1y Volatility | 7.6 |
| 200 Day M A | 45.7136 |
| 50 Day M A | 46.4436 |
| Code | ITM |
| Updated At | 16th of April 2024 |
| Currency Name | US 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 -1.6%.
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 Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of VanEck Intermediate jumping above the current price in 90 days from now is about 92.43%. The VanEck Intermediate Muni probability density function shows the probability of VanEck Intermediate etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon VanEck Intermediate has a beta of 0.1611. This usually indicates as returns on the market go up, VanEck Intermediate average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding VanEck Intermediate Muni will be expected to be much smaller as well. Additionally, vanEck Intermediate Muni has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of VanEck Intermediate to move above the current price in 90 days from now is about 92.43 (This VanEck Intermediate Muni probability density function shows the probability of VanEck Etf to fall within a particular range of prices over 90 days) .
VanEck Intermediate Top Holders
| MAAX | MAAX | Etf | High Yield Muni |
| NEARX | Near Term Tax Free | Mutual Fund | Muni National Short |
| QBDAX | Quantified Managed Income | Mutual Fund | Allocation--15% to 30% Equity |
| QBDSX | Quantified Managed Income | Mutual Fund | Allocation--15% to 30% Equity |
VanEck Intermediate Muni Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. VanEck Intermediate market risk premium is the additional return an investor will receive from holding VanEck Intermediate long position in a well-diversified portfolio. 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. Although VanEck Intermediate's alpha and beta are two of the key measurements used to evaluate VanEck Intermediate's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.21) |
VanEck Intermediate Against Markets
Picking the right benchmark for VanEck Intermediate etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in VanEck Intermediate etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for VanEck Intermediate is critical whether you are bullish or bearish towards VanEck Intermediate Muni at a given time. Please also check how VanEck Intermediate's historical prices are related to one of the top price index indicators.
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How to buy VanEck Etf?
Before investing in VanEck Intermediate, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in VanEck Intermediate. To buy VanEck Intermediate etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of VanEck Intermediate. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase VanEck Intermediate etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located VanEck Intermediate Muni etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased VanEck Intermediate Muni etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as VanEck Intermediate Muni, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy VanEck Etf please use our How to Invest in VanEck Intermediate guide.
Already Invested in VanEck Intermediate Muni?
The danger of trading VanEck Intermediate Muni is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of VanEck Intermediate is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than VanEck Intermediate. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile VanEck Intermediate Muni is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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.