INTM

Invesco Intermediate Municipal ETF

$51.74

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Invesco Intermediate Municipal ETF (INTM) seeks to provide current income that is exempt from federal income tax.

Overview

ETF tracking Invesco Intermediate Municipal ETF

Category Municipal Bonds

Issuer Invesco

Inception Date 2025-07-23

Market Cap $15.5M

Average Volume N/A

Dividend Yield 0.28%

52-Week Range $49.97 - $51.77

VWAP N/A

Performance

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Investment Summary

📎 Investment Objective

The Invesco Intermediate Municipal ETF (INTM) seeks to provide current income that is exempt from federal income tax.

🎯 Investment Strategy

The fund invests primarily in municipal bonds with intermediate-term maturities, generally between 3-10 years. The portfolio is actively managed to maintain an average duration between 4-7 years.

✨ Key Features

Focuses on investment-grade municipal bonds to generate tax-exempt income
Intermediate-term maturity profile to balance income and interest rate risk
Actively managed approach to optimize the portfolio's risk/return profile
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk - The value of municipal bonds may decline when interest rates rise
Credit risk - The risk of default or downgrade by the issuers of the municipal bonds
Liquidity risk - Potential difficulty selling municipal bonds, especially in volatile markets
Tax risk - Changes in tax laws could affect the tax-exempt status of the municipal bond interest

👤 Best For

INTM may be suitable for investors seeking tax-exempt income and moderate risk, with a medium-term investment horizon. The fund's intermediate-term focus makes it less sensitive to interest rate fluctuations compared to longer-duration municipal bond funds.