HYD ETF Report: Ratings, Analysis, Quotes, Holdings

Popular HYD Comparisons: HYD vs HYMB, HYD vs HYMU, HYD vs AGG, HYD vs BND, HYD vs BNDX

Related ETF Channels: Broad Maturities, Bond, Muni, Fixed Income, North America, Junk Bond, U.S.

Find more ETFs with our ETF Screener and Database

*Unless otherwise stated, data provided by FactSet.

HYD Fund Description

HYD tracks a market-weighted index of high-yield long-term tax-exempt 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 with a broad range of maturities, with a tilt towards longer-term securities. The underlying index consists of USD-denominated municipal bonds that allocates 75% to high-yield securities and 25% towards BBB-rated securities. 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. Effective March 1, 2022, the fund began transitioning to a new underlying ICE index. The transition is expected to be completed on Nov. 30, 2022, and will broaden the exposure of the fund.

PERFORMANCE [as of 05/16/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS

HYD -- -- -- -- -- -- --

HYD (NAV) -4.51% -9.41% -13.18% -11.50% -1.56% 1.32% 2.88%

N/A -- -- -- -- -- -- --

Bloomberg Barclays Muni High Yield Index -- -- -- -- -- -- --

All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

HYD Summary Data

VanEck

02/04/09

Open-Ended Fund

0.35%

$3.01B

$50.27M

0.02%

HYMB, HYMU

Fund Home Page

HYD Portfolio Data

6.34

4.03%

06/01/22

1,733

HYD Index Data

N/A

Market Value

AMT-Free

Bloomberg Barclays Muni High Yield Index

HYD Portfolio Management

0.35%

Max. Downside Tracking Difference (12 Mo) --

HYD Tax Exposures

20.00% / 39.60%

0.19%

Ordinary income

HYD Fund Structure

Open-Ended Fund

-- / --

N/A

Low

Daily

HYD Factset Analytics Block Liquidity

As of 05/17/22

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

922,714

$50.27M

801,717

$43.79M

0.02%

$0.01

-0.08%

0.32% / -0.82%

None

100.00%

50,000

16.03

0.01%

3,368

$53.50

N/A

HYD Sector/Industry Breakdown

HYD

Segment Benchmark

Government

82.34%

Finance

6.92%

Consumer Services

5.20%

ETF/Mutual Fund or Others

2.09%

Cash and/or Derivatives

1.01%

Commercial Services

0.96%

Energy Minerals

0.54%

Transportation

0.43%

Utilities

0.41%

Health Services

0.10%

HYD Top 10 Holdings[View All]

Buckeye Ohio Tob Settlement Fing Auth 5.0% 01-JUN-2055 2.50%

Florida Dev Fin Corp Surface Transn Fac Rev VAR 01-JAN-2049 0.92%

New York Liberty Dev Corp Liberty Rev 5.0% 15-NOV-2044 0.74%

U.S. Dollar 0.73%

Puerto Rico Sales Tax Fing Corp Sales Tax Rev 4.75% 01-JUL-2053 0.69%

Puerto Rico Sales Tax Fing Corp Sales Tax Rev 5.0% 01-JUL-2058 0.68%

Tsasc Inc N Y 5.0% 01-JUN-2045 0.60%

Florida Dev Fin Corp Surface Transn Fac Rev 7.375% 01-JAN-2049 0.53%

Chicago Ill Brd Ed 7.0% 01-DEC-2044 0.53%

Florida Dev Fin Corp Surface Transn Fac Rev VAR 01-JAN-2049 0.51%

Total Top 10 Weighting 8.42%

HYD Top 5 Countries

HYD

Segment Benchmark

United States

100.00%

HYD Top 5 Currencies

HYD

Segment Benchmark

United States

100.00%

HYD Performance Statistics

HYD Holdings Statistics

14.78 years

Effective Duration 6.34

4.03%

Credit Spread Duration 6.34

Concentration Low

Number of Holdings 1,733

Option Adjusted Spread 1.29%

HYD Avg Life Maturity Distribution

0 - 1 years 10.60%

1 - 2 years 4.49%

2 - 3 years 6.03%

3 - 5 years 14.10%

5 - 7 years 19.17%

7 - 10 years 17.85%

10 - 15 years 3.76%

15 - 20 years 5.46%

> 20 years 18.55%

HYD OAS Breakdown

0 - 100 bps 36.06%

100 - 200 bps 39.75%

200 - 300 bps 11.92%

300 - 400 bps 4.56%

400 - 500 bps 4.23%

500 - 600 bps 2.03%

600 - 700 bps 0.44%

700 - 800 bps 0.51%

800 - 900 bps 0.06%

900 - 1000 bps 0.04%

> 1000 bps 0.39%

The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.

ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.

[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

Data provider:
Terms of Use

HYD

HYD Fund Description

HYD Factset Analytics Insight

Related Articles

HYD Summary Data

HYD Portfolio Data

HYD Index Data

HYD Portfolio Management

HYD Tax Exposures

HYD Fund Structure

HYD Factset Analytics Block Liquidity

HYD Tradability

HYD Sector/Industry Breakdown

HYD Top 10 Holdings[View All]

HYD Top 5 Countries

HYD Top 5 Currencies

HYD Performance Statistics

HYD Holdings Statistics

HYD Avg Life Maturity Distribution

HYD OAS Breakdown