# VanEck Intermediate Muni ETF (ITM): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/itm for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: VanEck · Asset class: Multi-Asset - Strategy: Thematic · Inception: 2007-12-04 The Fund seeks to replicate, before fees and expenses, the price and yield performance of the ICE Intermediate AMT-Free Broad National Municipal Transition Index. The Intermediate Index is comprised of publicly traded municipal bonds that cover the US dollar denominated intermediate term tax-exempt bond market. ## Key Facts | Metric | Value | |---|---| | Price | $45.43 | | Expense Ratio | 0.18% | | Assets Under Management | $2.26B | | NAV | $45.24 | | Holdings Count | 1365 | | Distribution Yield (TTM) | 3.10% | | Annual Distribution (TTM) | $1.41 /share | | Distribution Frequency | Monthly | | 52-Week Range | $43.58 – $48.02 | | Beta | 0.97 | ## Latest Distribution - Amount: $0.1120 /share - Ex-date: 2026-10-01 - Pay date: 2026-10-06 ## Frequently Asked Questions ### What does ITM invest in? The Fund seeks to replicate, before fees and expenses, the price and yield performance of the ICE Intermediate AMT-Free Broad National Municipal Transition Index. The Intermediate Index is comprised of publicly traded municipal bonds that cover the US dollar denominated intermediate term tax-exempt bond market. ### What is the expense ratio of ITM? VanEck Intermediate Muni ETF (ITM) charges an expense ratio of 0.18%. This is the annual fee deducted from fund assets to cover management and operations. ### What is ITM's dividend yield? ITM's trailing-twelve-month yield is 3.10%, calculated from the sum of dividends over the past year divided by the current price. ### How big is ITM? VanEck Intermediate Muni ETF (ITM) manages $2.26B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is ITM actively managed or an index fund? ITM's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was ITM launched? VanEck Intermediate Muni ETF (ITM) launched in December 2007 and is managed by VanEck. ### Does ITM pay a dividend? Yes, VanEck Intermediate Muni ETF (ITM) distributes dividends to shareholders. The trailing-twelve-month yield is 3.10%. Full dividend history is on this page. ### How often does ITM pay dividends? VanEck Intermediate Muni ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is ITM's next ex-dividend date? The most recently announced ex-dividend date for ITM was 2026-10-01. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will ITM's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.18% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does ITM charge its expense ratio? The expense ratio is deducted in tiny daily slices from ITM's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does ITM cost more than a fund like VOO? ITM's strategy (current expense ratio 0.18%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where ITM sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to ITM? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as ITM (0.18%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/itm - Distribution history: https://www.dividenddata.com/funds/itm/dividend - Holdings & diversification: https://www.dividenddata.com/funds/itm/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/itm/expenses - Peer comparison: https://www.dividenddata.com/funds/itm/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.