(INMU) BlackRock Intermediate Muni - NYSE
ETF Category: Muni National Interm | Exchange: NYSE (USA) | Market Cap: 496m USD | Total Return: 6.9% in 12m
Avg Turnover: 3.51M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The BlackRock Intermediate Muni Income Bond ETF (INMU) focuses on generating tax-exempt income by investing at least 80% of its assets in municipal debt. The fund primarily targets investment-grade bonds issued by state and local governments or other qualifying entities. As a non-diversified fund, it may hold larger positions in a smaller number of issuers compared to diversified peers.
Municipal bonds are central to U.S. infrastructure, as local governments issue this debt to finance public projects such as schools, highways, and water systems. A key feature of this sector is the federal tax exemption on interest payments, which often makes these securities attractive to investors in higher tax brackets. Investors should analyze the underlying credit quality on ValueRay to better understand the risk profile of these holdings.
Launched in 2021, INMU operates within the Municipal National Intermediate category, typically targeting maturities between five and ten years. This duration strategy aims to balance yield potential with sensitivity to interest rate fluctuations.
- Federal Reserve interest rate policy shifts drive underlying bond valuations
- Demand for tax-exempt income fluctuates based on federal tax rate changes
- Credit spreads on investment grade municipal debt impact fund NAV
- Yield curve shifts affect performance of intermediate-term bond holdings
As of June 20, 2026, the stock is trading at USD 24.20 with a total of 214,800 shares traded.
Over the past week, the price has changed by +0.25%,
over one month by +1.49%,
over three months by +0.96% and
over the past year by +6.89%.
BlackRock Intermediate Muni has no consensus analysts rating.