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Intermediate Municipal Index ETF ITM

  • Full Name: Market Vectors®
    Intermediate Municipal Index ETF (ITM®)

    Management Style: Sampling

    Underlying Index: The Barclays AMT-Free Intermediate Continuous Municipal Index (LMT2TR)

    Index Provider: Barclays

    Index Description: LMT2TR is a market value weighted index designed to replicate the price movements of medium-duration bonds with a nominal maturity of 6-17 years.

  •  
      

    • Fund Ticker

      ITM
    • Exchange

      NYSE Arca
    • Commencement

      12/04/2007
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      LMT2TR
    • Index Rebalancing

      Monthly
    • Preliminary NAIC
      Designation7

      1
  •  
    as of 10/20/14

    • 30-Day SEC Yield1

      2.05%
    • Total Net Assets

      $769.6M
    • Number of Holdings

      818
    • Options

      Expected
    • Gross Expense Ratio2

      0.24%
    • Net Expense Ratio/TER2

      0.24%
    • Distribution Frequency

      Monthly
    • Next Distribution Date

      10/31/2014
    1, 2, 7 See Important Disclosure
  • View All Indices » View All ETFs » Performance History: Average Annual Total Returns* (%)

    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    12/04/07
    ITM (NAV) -0.17 1.58 7.70 7.16 4.30 4.54 -- 4.99
    ITM (Share Price) -0.13 1.54 8.67 7.83 4.19 4.48 -- 5.00
    LMT2TR (Index) -0.07 1.79 8.58 8.58 5.06 5.27 -- 5.84
    Performance Differential (NAV - Index) -0.10 -0.21 -0.88 -1.42 -0.76 -0.73 -- -0.85
    After Tax Held -- -- -- 7.16 -- 4.53 -- 4.99
    After Tax Sold -- -- -- 5.19 -- 4.19 -- 4.60
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    12/04/07
    ITM (NAV) -0.17 1.58 7.70 7.16 4.30 4.54 -- 4.99
    ITM (Share Price) -0.13 1.54 8.67 7.83 4.19 4.48 -- 5.00
    LMT2TR (Index) -0.07 1.79 8.58 8.58 5.06 5.27 -- 5.84
    Performance Differential (NAV - Index) -0.10 -0.21 -0.88 -1.42 -0.76 -0.73 -- -0.85
    After Tax Held -- -- -- 7.16 -- 4.53 -- 4.99
    After Tax Sold -- -- -- 5.19 -- 4.19 -- 4.60
  • Distribution History

    Anticipated Frequency: Monthly Dividend Income & Annual Capital Gains
    Ex-Date Record
    Date
    Payable Date Dividend
    Income
    Short-Term
    Capital Gains
    Long-Term
    Capital Gains
    Return of Capital Total Distributions
    10/01/2014 10/03/2014 10/07/2014 $0.0472 None None None $0.0472
    09/02/2014 09/04/2014 09/08/2014 $0.0497 None None None $0.0497
    08/01/2014 08/05/2014 08/07/2014 $0.0492 None None None $0.0492
    07/01/2014 07/03/2014 07/08/2014 $0.0471 None None None $0.0471
    06/02/2014 06/04/2014 06/06/2014 $0.0484 None None None $0.0484
    05/01/2014 05/05/2014 05/07/2014 $0.0470 None None None $0.0470
    04/01/2014 04/03/2014 04/07/2014 $0.0489 None None None $0.0489
    03/03/2014 03/05/2014 03/07/2014 $0.0447 None None None $0.0447
    02/03/2014 02/05/2014 02/07/2014 $0.0491 None None None $0.0491
    12/27/2013 12/31/2013 01/03/2014 $0.0500 None None None $0.0500
    12/02/2013 12/04/2013 12/06/2013 $0.0505 None None None $0.0505
    11/01/2013 11/05/2013 11/07/2013 $0.0494 None None None $0.0494
    10/01/2013 10/03/2013 10/07/2013 $0.0481 None None None $0.0481
    09/03/2013 09/05/2013 09/09/2013 $0.0501 None None None $0.0501
    08/01/2013 08/05/2013 08/07/2013 $0.0481 None None None $0.0481
    07/01/2013 07/03/2013 07/08/2013 $0.0481 None None None $0.0481
    06/03/2013 06/05/2013 06/07/2013 $0.0472 None None None $0.0472
    05/01/2013 05/03/2013 05/07/2013 $0.0468 None None None $0.0468
    04/01/2013 04/03/2013 04/05/2013 $0.0485 None None None $0.0485
    03/01/2013 03/05/2013 03/07/2013 $0.0434 None None None $0.0434
    02/01/2013 02/05/2013 02/07/2013 $0.0489 None None None $0.0489
    12/27/2012 12/31/2012 01/03/2013 $0.0478 None $0.0021 None $0.0499
    12/03/2012 12/05/2012 12/07/2012 $0.0475 None None None $0.0475
    11/01/2012 11/05/2012 11/07/2012 $0.0506 None None None $0.0506
    10/01/2012 10/03/2012 10/05/2012 $0.0494 None None None $0.0494
    09/04/2012 09/07/2012 09/10/2012 $0.0501 None None None $0.0501
    08/01/2012 08/03/2012 08/07/2012 $0.0509 None None None $0.0509
    07/02/2012 07/05/2012 07/09/2012 $0.0523 None None None $0.0523
    06/01/2012 06/05/2012 06/07/2012 $0.0531 None None None $0.0531
    05/01/2012 05/03/2012 05/07/2012 $0.0536 None None None $0.0536
    04/02/2012 04/04/2012 04/09/2012 $0.0565 None None None $0.0565
    03/01/2012 03/05/2012 03/07/2012 $0.0517 None None None $0.0517
    02/01/2012 02/03/2012 02/07/2012 $0.0567 None None None $0.0567
    12/28/2011 12/30/2011 01/04/2012 $0.0587 None None None $0.0587
    12/01/2011 12/05/2011 12/07/2011 $0.0573 None None None $0.0573
    11/01/2011 11/03/2011 11/07/2011 $0.0597 None None None $0.0597
    10/03/2011 10/05/2011 10/07/2011 $0.0593 None None None $0.0593
    09/01/2011 09/06/2011 09/08/2011 $0.0637 None None None $0.0637
    08/01/2011 08/03/2011 08/05/2011 $0.0628 None None None $0.0628
    07/01/2011 07/06/2011 07/08/2011 $0.0623 None None None $0.0623
    06/01/2011 06/03/2011 06/07/2011 $0.0630 None None None $0.0630
    05/02/2011 05/04/2011 05/06/2011 $0.0615 None None None $0.0615
    04/01/2011 04/05/2011 04/07/2011 $0.0650 None None None $0.0650
    03/01/2011 03/03/2011 03/07/2011 $0.0590 None None None $0.0590
    02/01/2011 02/03/2011 02/07/2011 $0.0640 None None None $0.0640
    12/29/2010 12/31/2010 01/05/2011 $0.0640 $0.0120 $0.0170 None $0.0930
    12/01/2010 12/03/2010 12/07/2010 $0.0610 None None None $0.0610
    11/01/2010 11/03/2010 11/05/2010 $0.0610 None None None $0.0610
    10/01/2010 10/05/2010 10/07/2010 $0.0600 None None None $0.0600
    09/01/2010 09/03/2010 09/08/2010 $0.0610 None None None $0.0610
    08/02/2010 08/04/2010 08/06/2010 $0.0620 None None None $0.0620
    07/01/2010 07/06/2010 07/08/2010 $0.0620 None None None $0.0620
    06/01/2010 06/03/2010 06/07/2010 $0.0620 None None None $0.0620
    05/03/2010 05/05/2010 05/07/2010 $0.0600 None None None $0.0600
    04/01/2010 04/06/2010 04/08/2010 $0.0600 None None None $0.0600
    03/01/2010 03/03/2010 03/05/2010 $0.0570 None None None $0.0570
    02/01/2010 02/03/2010 02/05/2010 $0.0615 None None None $0.0615
    12/29/2009 12/31/2009 01/05/2010 None None $0.0040 None $0.0040
    12/29/2009 12/31/2009 01/05/2010 $0.0640 None None None $0.0640
    12/01/2009 12/03/2009 12/07/2009 $0.0610 None None None $0.0610
    11/02/2009 11/04/2009 11/06/2009 $0.0625 None None None $0.0625
    10/01/2009 10/05/2009 10/07/2009 $0.0605 None None None $0.0605
    09/01/2009 09/03/2009 09/08/2009 $0.0625 None None None $0.0625
    08/03/2009 08/05/2009 08/07/2009 $0.0680 None None None $0.0680
    07/01/2009 07/06/2009 07/08/2009 $0.0670 None None None $0.0670
    06/01/2009 06/03/2009 06/05/2009 $0.0660 None None None $0.0660
    05/01/2009 05/05/2009 05/07/2009 $0.0660 None None None $0.0660
    04/01/2009 04/03/2009 04/07/2009 $0.0640 None None None $0.0640
    03/02/2009 03/04/2009 03/06/2009 $0.0630 None None None $0.0630
    02/02/2009 02/04/2009 02/06/2009 $0.0560 None None None $0.0560
    12/26/2008 12/30/2008 01/06/2009 $0.0620 None None None $0.0620
    12/01/2008 12/03/2008 12/05/2008 $0.0730 None None None $0.0730
    11/03/2008 11/05/2008 11/07/2008 $0.0590 None None None $0.0590
    10/01/2008 10/03/2008 10/07/2008 $0.0556 None None None $0.0556
    09/02/2008 09/04/2008 09/09/2008 $0.0654 None None None $0.0654
    08/01/2008 08/05/2008 08/07/2008 $0.0656 None None None $0.0656
    07/01/2008 07/03/2008 07/08/2008 $0.0600 None None None $0.0600
    06/02/2008 06/04/2008 06/06/2008 $0.2900 None None None $0.2900
    05/01/2008 05/05/2008 05/07/2008 $0.1880 None None None $0.1880
    04/01/2008 04/03/2008 04/08/2008 $0.3680 None None None $0.3680
    03/03/2008 03/05/2008 03/07/2008 $0.3570 None None None $0.3570
    02/01/2008 02/05/2008 02/07/2008 $0.3370 None None None $0.3370

    All registered investment companies, including Van Eck Associates Corporation, are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading Market Vectors ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid. To receive a distribution, you must have been a registered shareholder of the relevant Market Vectors ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distribution are not indicative of future distributions.

    Go here for Additional Distributions Details and Supplemental Tax Information, including PDF downloads.

  • Growth of Hypothetical $10,000 Investment as of 09/30/2014

    3 Months
     TO 
  • Calendar Year Returns (%) as of 12/31/2013

  • NAV History
    as of 09/30/14

  • Best & Worst
    Quarter Returns (%)
    as of 09/30/14

    • Best Quarter

      3Q'09+7.30%
    • Worst Quarter

      4Q'10-5.27%
    Best & Worst Quarter Returns are based on NAV, reflect the period since the Fund's inception, and are updated quarterly.