HYD ETF Report: Ratings, Analysis, Quotes, Holdings

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*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.

PERFORMANCE [as of 05/05/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS

HYD 1.93% 6.61% 1.61% 0.77% 4.48% 4.60% 6.26%

HYD (NAV) 1.35% 0.62% 2.75% 16.71% 4.49% 4.20% 5.88%

Bloomberg Barclays Municipal Custom High Yield Composite 1.42% 1.40% 3.64% 18.69% 7.05% 6.11% 7.34%

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

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

HYD Summary Data

Van Eck Associates Corp.

VanEck

02/04/09

Open-Ended Fund

0.35%

$3.47B

$26.79M

0.02%

HYMB

Fund Home Page

HYD Portfolio Data

6.71

4.38%

05/03/21

1,894

HYD Index Data

Bloomberg Barclays Municipal Custom High Yield Composite

Tiered

Market Value

Bloomberg Barclays Muni High Yield Index

HYD Portfolio Management

0.35%

-3.88%

-1.97%

Max. Downside Tracking Difference (12 Mo) -5.22%

HYD Tax Exposures

20.00% / 39.60%

0.19%

Ordinary income

HYD Fund Structure

Open-Ended Fund

100% / 0%

N/A

Low

Daily

Cboe Book Viewer

Top Of Book

Last 10 Trades

Bats BZX Real-time Quote -

HYD Factset Analytics Block Liquidity

As of 05/06/21

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

435,373

$26.79M

420,250

$25.84M

0.02%

$0.01

-0.12%

0.51% / -27.86%

None

100.00%

50,000

8.40

0.02%

1,065

$62.43

N/A

HYD Sector/Industry Breakdown

HYD

Segment Benchmark

Revenue

88.79%

General obligation

6.80%

Double barrel

4.40%

HYD Top 10 Holdings[View All]

Buckeye Ohio Tob Settlement Fing Auth 5.0% 01-JUN-2055 2.57%

Puerto Rico Sales Tax Fing Corp Sales Tax Rev 5.0% 01-JUL-2058 0.91%

Florida Dev Fin Corp Surface Transn Fac Rev VAR 01-JAN-2049 0.86%

Florida Dev Fin Corp Surface Transn Fac Rev 7.375% 01-JAN-2049 0.73%

New York Liberty Dev Corp Liberty Rev 5.0% 15-NOV-2044 0.71%

California Cmnty Hsg Agy Essential Hsg Rev 5.0% 01-FEB-2050 0.66%

Puerto Rico Sales Tax Fing Corp Sales Tax Rev 4.75% 01-JUL-2053 0.65%

Tsasc Inc N Y 5.0% 01-JUN-2045 0.54%

Florida Dev Fin Corp Surface Transn Fac Rev VAR 01-JAN-2049 0.54%

California Mun Fin Auth Spl Fac Rev 4.0% 15-JUL-2029 0.50%

Total Top 10 Weighting 8.67%

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

12.40 years

Effective Duration 6.71

4.38%

Credit Spread Duration 6.72

Concentration Low

Number of Holdings 1,894

Option Adjusted Spread 2.31%

HYD Avg Life Maturity Distribution

0 - 1 years 7.20%

1 - 2 years 8.31%

2 - 3 years 4.97%

3 - 5 years 12.58%

5 - 7 years 10.66%

7 - 10 years 14.09%

10 - 15 years 6.15%

15 - 20 years 7.86%

> 20 years 28.18%

HYD OAS Breakdown

0 - 100 bps 13.23%

100 - 200 bps 46.22%

200 - 300 bps 19.94%

300 - 400 bps 9.54%

400 - 500 bps 4.00%

500 - 600 bps 2.49%

600 - 700 bps 3.25%

700 - 800 bps 0.47%

800 - 900 bps 0.08%

900 - 1000 bps 0.03%

> 1000 bps 0.75%

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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