iShares Intermediate Muni Income Active ETF
The ETF.net INMU Grade
B
Score 65 out of 100
- 10 of 20
Score 65 of 100 falls in the B 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.C53 out of 100Rank 9 of 20Mission
Whether the fund did what it promised, tested against its stated mandate.A98 out of 100Rank 7 of 19Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B58 out of 100Rank 4 of 20Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C51 out of 100Rank 12 of 20Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C46 out of 100Rank 12 of 20Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A80 out of 100Rank 4 of 20
Our read on INMU
In short
BAn actively run muni portfolio from BlackRock's municipal desk: roughly 600 bonds picked by hand, measured against the Bloomberg Municipal 3-10 Year Index rather than chained to it, with income paid monthly. Fee: 0.30% net of a waiver through June 30, 2027.
Stated mandate
The fund seeks tax-exempt income and total return through actively managed exposure to intermediate-term municipal bonds.
Why people hold it
Worth knowing
INMU 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.
INMU$10,164
Returns run to the Oct 30, 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 | INMU |
|---|---|
| Year to date | +1.2% |
| 1 month | +3.9% |
| 3 months | +0.6% |
| 1 year | +1.6% |
| 3 years | +5.8% |
| 5 years | +1.6% |
| 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 | INMU |
|---|---|---|
| 2026 YTD | +1.2% | |
| 2025 | +5.5% | |
| 2024 | +2.8% | |
| 2023 | +6.5% | |
| 2022 | −7.8% | |
| 2021 | +3.0% |
INMU in the news
INMU Dividends
- 3.38%
- $0.80
- $0.06 per share
- Monthly
INMU Risk
- 5.5%
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.
- 0.25
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.
- −10.6%
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.
- 0.78
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
INMU Cost
Overpaying vs TAXI, cheapest in Intermediate Municipal Bonds
$5,089
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
INMU 0.30%
$6,149
TAXI 0.05% Cheapest
$1,060
Cost over time
Year by year
| Year | INMU | TAXI | Overpaying |
|---|---|---|---|
| 10 | $545 | $92 | $453 |
| 20 | $2,113 | $360 | $1,753 |
| 30 | $6,149 | $1,060 | $5,089 |
You pay 0.30%Waived by iShares 0.11%
Full fee 0.41% waiver 0.11% you pay 0.30%
Other funds in Intermediate Municipal Bonds
- ATAFMAB Tax-Aware Intermediate Municipal ETFExpense ratio 0.28%1 year return +0.3%
- BNYMAB New York Intermediate Municipal ETFExpense ratio 0.27%1 year return
- BMUNIPIMCO Intermediate Municipal Bond Active Exchange-Traded FundExpense ratio 0.35%1 year return +0.5%
- CMFSMMFS Active Intermediate Muni Bond ETFExpense ratio 0.34%1 year return +0.6%
- BBKMIBNY Mellon Municipal Intermediate ETFExpense ratio 0.35%1 year return
