Intermediate Municipal Income ETF (TAXE)
- Expense ratio0.24%
- Net assets$383.7M
- Dividend yield3.74%
- 1-year return+0.62%
- Duration5.02 yrs
TAXE ETF price chart
TAXE quote & trading statistics
TAXE performance
Annual returns & drawdowns →- YTD+0.06%
- 1 year+0.62%
- 1Y volatility
- 5.20%
- 3Y volatility
- 0.00%
- 3Y Sharpe ratio
- 0.00
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
TAXE bond portfolio
Rate scenarios & peers →- Yield to maturity
- 4.78%
- Effective duration
- 5.02 yrs
- Average maturity
- 9.0 yrs
- Average coupon
- 4.66%
A one-percentage-point rise in interest rates would lower the price by about 5.0%.
About Intermediate Municipal Income ETF
The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in investment-grade municipal securities or derivatives that are linked to or provides investment exposure to the municipal market. Under normal conditions, the fund"s weighted average effective maturity will be four to twelve years. There are no maturity limitations on individual securities.
TAXE ETF FAQ
What is the TAXE expense ratio?
Intermediate Municipal Income ETF has a net expense ratio of 0.24%, or $24.00 a year for every $10,000 invested.
How much money is in TAXE?
Intermediate Municipal Income ETF has about $383.7M in net assets.
How has TAXE performed?
TAXE returned +0.62% over the past year, including reinvested distributions.
Does TAXE pay dividends?
TAXE has a dividend yield of 3.74%.
When was TAXE launched?
Intermediate Municipal Income ETF began trading on July 9, 2024.