ITM ETF — VanEck Intermediate Muni ETF

VanEck Intermediate Muni ETF (ITM)

Updated October 16, 2026.

ITM is a low-cost ETF. its distribution rate is 3.00%, its trailing-12-month yield is 3.14%, its expense ratio is 0.18%. Dividend Vision Distribution Safety Score™ is 95/100 (Safe). Total return is 76.7% over the past 18.9 years, 538.8 points behind SPY at 615.5%.

VanEck Intermediate Muni ETF is an exchange-traded fund that invests at least 80% of its assets in intermediate-term U.S. municipal bonds, seeking to track the tax-exempt bond market. The fund distributes monthly income at a moderate current distribution rate, with a low expense ratio of 0.18%. It appeals to income-focused investors seeking tax-advantaged municipal bond exposure, particularly those in higher tax brackets.

ITM performance versus SPY

Price and return data through 2026-10-16.

Total return is 76.7% over the past 18.9 years, 538.8 points behind SPY at 615.5%. Over the past year its total return — price change plus distributions reinvested — is -1.6%. Its deepest 1-year drawdown was 7.4%.

ITM key facts

Distribution Safety Score™

95 · Safe

Safety-Adjusted Yield

2.85%

Issuer

VanEck

Asset type

ETF

Asset class

Fixed Income

Inception date

12/04/2007

Expense ratio

0.18%

Distribution rate

3.00%

Distribution frequency

Monthly

Trailing yield

3.14%

Last close

$44.83 (as of 2026-10-16)

AUM

$2,140,795,740

Average volume

800415.0

Dividend

$0.112

Ex-dividend date

10/01/2026

Payment date

10/06/2026

Beta

0.96

How Dividend Vision calculates yield and returns

Distribution rate (3.00%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (3.14%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: VanEck; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

ITM risks and drawbacks

ITM's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.4%.

Who may consider ITM — and who may not

ITM may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on ITM

• All tickers starting with I

Tagged: Fixed Income.

Frequently asked questions

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