Genter Capital Municipal Quality Intermediate ETF
$9.93+0.04 (+0.40%)
- 0.39%
- $32M
- −1.2%
- 3.05%
- 0M sh
- $9.93
- low $9.77high $11.12
The ETF.net GENM Grade
C
Score 42 out of 100
- 18 of 20
Score 42 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F18 out of 100Rank 16 of 20Mission
Whether the fund did what it promised, tested against its stated mandate.A79 out of 100Rank 18 of 19Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B65 out of 100Rank 3 of 20Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F21 out of 100Rank 18 of 20Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F23 out of 100Rank 19 of 20Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D32 out of 100Rank 18 of 20
Our read on GENM
CA boutique manager's take on the muni middle: high-grade, intermediate-maturity US bonds paying federally tax-free income every month. Young and small next to the index giants, and priced like the specialist it is.
The fund seeks current income exempt from federal income tax, with capital appreciation as a secondary objective.
Why people hold it
- The mandate is plain: current income exempt from federal income tax first, capital appreciation second. Income is paid monthly.
- A tight lane with little room to drift: US municipal bonds only, quality and intermediate by name, inside a standard 1940 Act fund wrapper.
- No benchmark index is declared behind it, so the portfolio is assembled bond by bond rather than copied from a published muni ladder.
Worth knowing
- At 0.39% a year, the fee sits above the muni-fund median of 0.30% and far above index anchors like VTEB and SCMB at 0.03%.
- Small asset base, thin trading. The spread paid getting in or out can weigh as much as the headline fee.
- Launched in 2024, so there is only a short track record to judge it by, and it sits in the lower reaches of a crowded muni-bond field.
GENM Holdings
- Bonds
- 87
- 26%
- Southeast Energy Authority 2023-B
GENM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
GENM$9,879
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | GENM |
|---|---|
| Year to date | −1.8% |
| 1 month | −1.7% |
| 3 months | −3.0% |
| 1 year | −1.2% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | GENM |
|---|---|---|
| 2026 YTD | −1.8% | |
| 2025 | +5.1% | |
| 2024 | +3.0% |
GENM in the news
GENM Dividends
- 3.05%
- $0.30
- $0.03 per share
- Monthly
Distribution history
GENM Risk
- 3.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.59
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −4.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.14
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
GENM Cost
0.39%
GENM0.39%
- The middle half of Intermediate Municipal Bonds funds
- Median 0.35%
14 of the 19 Intermediate Municipal Bonds funds charge less.
Other funds in Intermediate Municipal Bonds
- CTXXIBondBloxx IR+M Tax-Aware Intermediate Duration ETFExpense ratio 0.35%1 year return −1.9%
- CINTMInvesco Actively Managed Exchange-Traded Fund Trust - Invesco Intermediate Municipal ETFExpense ratio 0.35%1 year return −0.7%
- CMMCANYLI MacKay California Muni Intermediate ETFExpense ratio 0.45%1 year return −2.1%
- CMNBDALPS BBH Intermediate Municipal Bond ETFExpense ratio 0.44%1 year return −1.4%
- CFIMUFidelity Intermediate Municipal Income ETFExpense ratio 0.31%1 year return —