BlackRock Intermediate Muni Income Bond ETF (INMU)
INMU is an actively managed ETF by BlackRock. INMU launched on Mar 16, 2021 and has a 0.30% expense ratio.
ETF Info
| ISIN | US0925282073 |
|---|---|
| Issuer | BlackRock |
| Inception Date | Mar 16, 2021 |
| Region | North America (U.S.) |
| Category | Municipal Bonds |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
INMU features an expense ratio of 0.30%, falling within the medium range.
Share Price Chart
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Popular comparisons: INMU vs. VWAHX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BlackRock Intermediate Muni Income Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
BlackRock Intermediate Muni Income Bond ETF had a return of 3.57% year-to-date (YTD) and 8.29% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.57% | 18.10% |
| 1 month | 0.90% | 1.42% |
| 6 months | 2.94% | 10.08% |
| 1 year | 8.29% | 26.58% |
| 5 years (annualized) | N/A | 13.42% |
| 10 years (annualized) | N/A | 10.87% |
Monthly Returns
The table below presents the monthly returns of INMU, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.08% | 0.02% | 0.41% | -0.95% | 0.24% | 0.67% | 1.55% | 0.75% | 3.57% | ||||
| 2023 | 2.54% | -1.37% | 1.55% | 0.12% | -1.12% | 1.27% | 0.35% | -1.12% | -2.21% | -1.32% | 5.85% | 2.05% | 6.50% |
| 2022 | -2.19% | -0.26% | -2.67% | -1.97% | 0.69% | -0.59% | 1.96% | -1.63% | -3.57% | -0.65% | 3.37% | -0.35% | -7.78% |
| 2021 | 0.34% | 1.03% | 0.39% | 0.42% | 0.81% | -0.12% | -0.51% | -0.21% | 0.37% | 0.29% | 2.84% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of INMU is 77, placing it in the top 23% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BlackRock Intermediate Muni Income Bond ETF (INMU) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BlackRock Intermediate Muni Income Bond ETF granted a 3.42% dividend yield in the last twelve months. The annual payout for that period amounted to $0.82 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $0.82 | $0.82 | $0.44 | $0.29 |
Dividend yield | 3.42% | 3.44% | 1.92% | 1.14% |
Monthly Dividends
The table displays the monthly dividend distributions for BlackRock Intermediate Muni Income Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.07 | $0.07 | $0.08 | $0.07 | $0.06 | $0.07 | $0.07 | $0.06 | $0.55 | |||
| 2023 | $0.00 | $0.08 | $0.06 | $0.06 | $0.06 | $0.06 | $0.07 | $0.07 | $0.08 | $0.07 | $0.07 | $0.14 | $0.82 |
| 2022 | $0.00 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.04 | $0.04 | $0.04 | $0.04 | $0.11 | $0.44 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.13 | $0.29 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the BlackRock Intermediate Muni Income Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the BlackRock Intermediate Muni Income Bond ETF was 10.67%, occurring on Oct 31, 2022. Recovery took 438 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -10.67% | Aug 6, 2021 | 312 | Oct 31, 2022 | 438 | Jul 31, 2024 | 750 |
| -0.79% | Aug 6, 2024 | 8 | Aug 15, 2024 | 7 | Aug 26, 2024 | 15 |
| -0.54% | Jun 11, 2021 | 9 | Jun 23, 2021 | 8 | Jul 6, 2021 | 17 |
| -0.33% | Aug 27, 2024 | 4 | Aug 30, 2024 | 2 | Sep 4, 2024 | 6 |
| -0.21% | Apr 29, 2021 | 10 | May 12, 2021 | 7 | May 21, 2021 | 17 |
Volatility
Volatility Chart
The current BlackRock Intermediate Muni Income Bond ETF volatility is 0.82%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.