HYD VanEck High Yield Muni ETF
What is HYD?
HYD tracks a market value-weighted index of high-yield, tax-exempt US municipal bonds.
HYD Factset Analytics Insight
HYD provides exposure to the high-yield municipal ETF space with an issuer-capped index, which produces a different geographic exposure and credit risk profile than the broad market. It holds tax-exempt high-yield bonds of varying maturities, with a tilt towards longer-term securities. The underlying index consists of USD-denominated municipal bonds, allocating 70% to high-yield, 25% to BBB-rated, and 5% to A-rated securities. The index weights its components by market value and rebalances monthly. The fund uses a sampling method in tracking the index, which means it will invest in a sample of securities that collectively have an investment profile similar to that of the underlying index. Prior to March 1, 2022, the fund tracked the Bloomberg Municipal Custom High Yield Composite Index. Then until November 30, 2022, the fund used a transition index to gradually broaden its exposure before tracking its current index.
HYD Summary Data
Peers
Fund Flows
HYD Portfolio Data
HYD Index Data
HYD Portfolio Management
HYD Tax Exposures
HYD Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of HYD. HYD is rated a N/A out of 5.
HYD Tradability
HYD Sector/Industry Breakdown
Benchmark
HYD Top 10 Holdings
HYD Performance Statistics
HYD Top 5 Countries
Benchmark
HYD Top 5 Currencies
Benchmark
HYD Avg Life Maturity Distribution
HYD OAS Breakdown
HYD Holdings Statistics
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