ITM

VanEck Vectors AMT-Free Intermediate Municipal Index ETF

Bonds / Fixed IncomeBATSVanEck ETF
$45.74
$-0.07 (-0.16%)
Delayed ≥20 min · Sep 1, 2026

Key Statistics

Net Assets (AUM)
$1.19B
Expense Ratio
See prospectus
Previous Close
$45.63
Day Range
- – -
52-Week Range
$45.45 – $48.02
Volume
337.92K
Avg Vol (50D)
338.41K
Beta
0.28

Historical Performance

1M
-0.09%
3M
-1.71%
6M
-2.93%
YTD
-1.26%
1Y
+3.11%
3Y
+9.74%
5Y
-0.04%

Total return including reinvested distributions, from adjusted closing prices.

Price History

Price history is being compiled for this fund.

Top Holdings

New Jersey Educational Facilities Authority 0.53%
California Community Choice Financing Authority 0.50%
California Community Choice Financing Authority 0.44%
State of California 0.44%
Connecticut State Health & Educational Facilities Authority 0.39%
California Community Choice Financing Authority 0.37%
State of California 0.30%
New York City Municipal Water Finance Authority 0.29%
California Housing Finance Agency 0.28%
Southeast Energy Authority A Cooperative District 0.27%
New Hampshire Business Finance Authority 0.27%
South Carolina Jobs-Economic Development Authority 0.26%
State of Maryland 0.26%
Massachusetts Development Finance Agency 0.26%
New York City Transitional Finance Authority Future Tax Secured Revenue 0.26%
City of New York NY 0.26%
California Community Choice Financing Authority 0.25%
California Community Choice Financing Authority 0.25%
New York Energy Finance Development Corp 0.24%
State of California 0.24%
Commonwealth of Massachusetts 0.24%
Black Belt Energy Gas District 0.24%
New Jersey Transportation Trust Fund Authority 0.23%
Salt Verde Financial Corp 0.23%
Empire State Development Corp 0.23%

Top 25 holdings as of Jan 31, 2026 · source: SEC N-PORT. Full holdings & prospectus →

About ITM

The Fund normally invests at least 80% of its total assets in fixed income securities that comprise the Intermediate Index. The Intermediate Index is comprised of publicly traded municipal bonds that cover the U.S. dollar denominated intermediate term tax-exempt bond market. This 80% investment policy is non-fundamental and may be changed without shareholder approval upon 60 days' prior written notice to shareholders.The Fund has adopted a fundamental investment policy to invest at least 80% of its assets in municipal securities. Such policy cannot be changed without a shareholder vote. For purposes of this policy, the term “assets” means net assets plus the amount of any borrowings for investment purposes. This percentage limitation applies at the time of the investment.The Fund, using a “passive” or indexing investment approach, attempts to approximate the investment performance of the Intermediate Index. Unlike many investment companies that try to “beat” the performance of a benchmark index, the Fund does not try to “beat” the Intermediate Index and does not take temporary defensive positions that are inconsistent with its investment objective of seeking to replicate the Intermediate Index. Because of the practical difficulties and expense of purchasing all of the securities in the Intermediate Index, the Fund does not purchase all of the securities in the Intermediate Index. Instead, the Adviser utilizes a “sampling” methodology in seeking to achieve the Fund’s objective. As such, the Fund may purchase a subset of the bonds in the Intermediate Index in an effort to hold a portfolio of bonds with generally the same risk and return characteristics of the Intermediate Index. The Intermediate Index is rebalanced on the last calendar day of the month.The Fund may concentrate its investments in a particular industry or group of industries to the extent that the Intermediate Index concentrates in an industry or group of industries. As of April 30, 2025, each of the general obligation and special tax (i.e., revenue bonds backed by a specific tax) sectors represented a significant portion of the Fund.

Data for ITM is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.