ducovest

ITM:ARCA-VanEck Vectors AMT-Free Intermediate Municipal Index (USD)

ETF | Muni National Long | NYSE Arca

Last Closing

USD 45.96

Change

+0.03 (+0.07)%

Market Cap

USD 1.56B

Volume

0.11M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Bloomberg Barclays AMT-Free Intermediate Continuous Municipal Index. 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.

Company Website : www.marketvectorsetfs.com

Currency: USD

Country : USA

Inception Date: 04/12/2007

Primary Benchmark: BBgBarc AMT-Free Interm Cont Mun TR USD

Primary Index: BBgBarc Municipal TR USD

Gross Expense Ratio: 0.24%

Management Expense Ratio: 0.24 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-04-19 )

Largest Industry Peers for Muni National Long

ETFs Containing ITM

N/A

Market Performance

  Market Performance vs. Industry/Classification (Muni National Long) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -2.28% 67% D+ 16% F
Dividend Return 0.66% 33% F 51% F
Total Return -1.61% 67% D+ 16% F
Trailing 12 Months  
Capital Gain -0.43% 100% F 19% F
Dividend Return 2.30% 33% F 43% F
Total Return 1.86% 33% F 15% F
Trailing 5 Years  
Capital Gain -3.00% 100% F 29% F
Dividend Return 8.39% 33% F 48% F
Total Return 5.39% 100% F 29% F
Average Annual (5 Year Horizon)  
Capital Gain -2.04% 100% F 17% F
Dividend Return -0.38% 100% F 17% F
Total Return 1.66% 33% F 66% D+
Risk Return Profile  
Volatility (Standard Deviation) 7.22% 100% F 72% C
Risk Adjusted Return -5.28% 100% F 17% F
Market Capitalization 1.56B 100% F 90% A-

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Negative free cash flow

The company had negative total free cash flow in the most recent four quarters.