GENM ETF: What Is It? A Complete Guide to Returns, Fees, Holdings, and Alternative ETFs
The Genter Capital Municipal Quality Intermediate ETF, or GENM ETF, is an actively managed product focused on intermediate-maturity municipal bonds. It seeks federally tax-exempt interest income along with changes in capital value, and from a dividend standpoint, investors should review its distribution history, the interest rate environment, and credit risk together.
SubscribeWhat Is the Genter Capital Municipal Quality Intermediate ETF?
The GENM ETF is an actively managed product that does not replicate a specific index. Instead, it holds mainly intermediate-maturity municipal bonds. It aims to deliver interest income exempt from regular federal income tax, and in the process it reviews the credit quality and maturity structure of its bonds.
It suits investors who want to add intermediate-maturity municipal bond exposure to their portfolios while taking federally tax-exempt interest income into account.
It is an actively managed ETF run by Genter Capital.
How Does the Genter Capital Municipal Quality Intermediate ETF Invest?
| Item | Details |
|---|---|
| Tracked Index | Does not track a specific index |
| Management Style | Active management |
| Rebalancing Frequency | Adjusted at the manager's discretion |
| Dividend Frequency | Has a distribution history (frequency is irregular, so do not assume a fixed schedule) |
| Total Expense Ratio | 0.39% |
| Manager | Genter Capital |
This product holds a diversified mix of municipal bonds in pursuit of interest income exempt from regular federal income tax. Rather than following a specific index, the manager builds the portfolio based on its judgment of credit quality and maturity structure, so changes in interest rates and conditions at individual issuers can affect performance.
- Actively managed approach that does not replicate a specific index
- Pursuit of interest income centered on intermediate-maturity municipal bonds
- Portfolio construction that considers both credit quality and maturity structure
Genter Capital Municipal Quality Intermediate ETF Size and Costs (AUM and Management Fee)
Assets under management (AUM) are $32.4M, and the total expense ratio is 0.39% per year.
For products with small trading volume, it is wise to check the bid-ask spread when buying and selling. When considering a long-term holding, compare not only the fee burden but also the municipal bond composition and the consistency of the manager's decisions.
Genter Capital Municipal Quality Intermediate ETF Performance and Trends
1-Year Price Performance
Dividend & Yield
52-Week Price RangeThe return pattern of municipal bond products is sensitive to changes in market interest rates and to perceptions of credit risk. When rates move, intermediate-maturity bond prices can fluctuate, and the performance of an actively managed fund can differ depending on the credit quality and maturity allocation of the bonds it holds.
Demand for municipal bonds is influenced by the preference for after-tax interest income, interest rate expectations, and issuance volume and liquidity conditions. When market volatility rises, it is necessary to check the fiscal conditions of local governments and public agencies, trading quotes, and the secondary market terms of individual bonds.
Genter Capital Municipal Quality Intermediate ETF Pros and Cons
Municipal bond exposure that seeks after-tax interest income is a strength, but performance and trading conditions can vary with interest rates, credit conditions, and liquidity.
💪 Key Strengths
⚠️ Points of Caution
Genter Capital Municipal Quality Intermediate ETF Alternative ETFs and Related Products
In the table, the MUNI ETF represents an actively managed approach, the ITM ETF a lower-fee structure, and the BKMI ETF another option within the intermediate-maturity municipal bond category. The VTEI ETF can be compared on fee burden, and the MMIT ETF on distribution characteristics. For the GENM ETF, it is best to check differences in fees, management style, and trading conditions against these products, then decide based on your after-tax interest income goals. Information on additional comparison candidates is limited.
Peer Comparison ETFs| Ticker | Name | Price | Change | AUM | Total Expense Ratio | Dividend Yield | 1Y |
|---|---|---|---|---|---|---|---|
 MUNI | PIMCO Intermediate Municipal Bond Active ETF | $50.44 | +0.1% | $3.5B | 0.35% | 3.41% | -4.2% |
 ITM | VanEck Intermediate Muni ETF | $44.87 | +0.3% | $2.2B | 0.18% | 3.14% | -4.8% |
 VTEI | Vanguard Intermediate-Term Tax-Exempt Bond ETF | $96.85 | +0.1% | $2.1B | 0.08% | 3.22% | -4.2% |
 MMIT | NYLIM MacKay Muni Intermediate ETF | $23.31 | +0.0% | $1.6B | 0.30% | 3.77% | -4.5% |
 BKMI | BNY Mellon Municipal Intermediate ETF | $25.25 | +0.0% | $1.5B | 0.35% | 2.18% | - |
Top Holdings| Ticker | Name | Weight | Price | Change | Market Cap | P/E | Dividend Yield |
|---|---|---|---|---|---|---|---|
 ESOA | Energy Services of America Corp | 0.02% | $9.37 | +0.2% | $174.8M | 15.5 | 1.49% |
 CPBI | Central Plains Bancshares Inc | 0.01% | $20.84 | +2.9% | $87.0M | 17.7 | - |
Genter Capital Municipal Quality Intermediate ETF Investor Checkpoints
Before adding the GENM ETF to a portfolio, review your after-tax return goals, interest rate sensitivity, and municipal bond credit risk together. Because it is an actively managed product, comparing it with index-tracking products requires looking separately at its investment principles, fees, and trading conditions.
| Checkpoint | What to Check | Current Status |
|---|---|---|
| After-Tax Return | Confirm the effect of municipal bond interest income given your personal tax situation | Varies by individual |
| Interest Rate Sensitivity | Assess the potential price fluctuations of intermediate-maturity bonds | Heavily influenced by market conditions |
| Credit Conditions | Check the fiscal risk of local governments and public agencies | Ongoing monitoring needed |
| Trading Conditions | Check trading volume, bid-ask spreads, and transaction costs | Check before buying |
Municipal bond prices can vary with interest rates and the credit conditions of issuers. The feature of federally tax-exempt interest does not guarantee the same after-tax benefit for every investor, and when trading conditions are unfavorable, actual trading results can differ from the reference value.
The GENM ETF is one option for investors who want to consider after-tax interest income through intermediate-maturity municipal bonds. However, it is appropriate to compare its active management, fees, distribution history, liquidity, and tax treatment together, and then decide whether to include it within your overall bond allocation.
SubscribeDisclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
This article reflects information as of August 17, 2026.
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