INMU ETF Analysis: BlackRock Intermediate Muni | NYSE

Muni National Interm | NYSE, USA | Market Cap: 555m USD | 12M Return: 4.8% | US0925282073 | Charts, Fundamentals & Technical Analysis

Municipal Bonds, Investment Grade Bonds, Tax-Exempt Bonds, Intermediate-Term Bonds
Total Rating 46
Safety 65
Buy Signal -0.32
Muni National Interm
Category Rotation: +1.3
TER: 0.30%
AUM: 555M
Avg Turnover: 4.15M
Risk 3d forecast
Volatility3.47%
VaR 5th Pctl0.61%
VaR vs Median-2.48%
Reward TTM
Sharpe Ratio0.20
Rel. Str. IBD25.7
Rel. Str. Peer Group67.9
Character TTM
Beta0.072
Beta Downside0.077
Hurst Exponent0.664
Drawdowns 3y
Max DD3.63%
CAGR/Max DD1.26
CAGR/Mean DD6.17

Warnings

Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 5.4 years of data

Jan +0.3% 22
Feb +0.3% 0
Mar -1.6% 12
Apr -1.0% 12
May -0.1% 10
Jun +0.1% 9
Jul +0.5% 10
Aug -0.3% 0
Sep -0.9% 0
Oct -0.6% 22
Nov +2.2% 23
Dec +0.0% 0

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: INMU BlackRock Intermediate Muni

BlackRock Intermediate Muni Income Bond ETF (INMU) is an exchange-traded fund that seeks to achieve its investment objective by investing at least 80% of its assets in municipal bonds-debt obligations issued by or on behalf of governmental entities or other qualifying issuers. The fund focuses primarily on investment-grade municipal bonds, though it reserves the flexibility to hold issues across all rating categories. Interest income from these securities is generally excludable from federal gross income, making municipal bond funds a common choice for investors seeking tax-efficient income. The fund is structured as non-diversified, allowing it to concentrate holdings in fewer issuers than a diversified fund.

As an ETF in the municipal national intermediate category, INMU provides exposure to U.S. state and local government debt with intermediate maturities. The municipal bond market is a major segment of the U.S. fixed-income landscape, financing public infrastructure such as schools, hospitals, transportation, and utilities. By holding these bonds through a fund structure, investors gain access to a diversified portfolio of tax-exempt securities that would otherwise be difficult to assemble individually. BlackRock, the funds sponsor, is one of the worlds largest asset managers, providing institutional-scale portfolio oversight to the strategy.

Headlines to Watch Out For
  • Fed rate cuts lift intermediate muni bond prices
  • Federal tax policy changes shift muni fund demand
  • State budget shortfalls pressure municipal credit quality
What is the price of INMU shares?

As of August 21, 2026, the stock is trading at USD 23.78 with a total of 84,693 shares traded. Over the past week, the price has changed by -0.59%, over one month by -0.67%, over three months by +0.34% and over the past year by +4.84%.

Current recommended Stop Loss: 23.60 (which is 0.8% or 2.6 ATR below the current price).

Is INMU a buy, sell or hold?

BlackRock Intermediate Muni has no consensus analysts rating.