SHYD
VanEck Short High Yield Muni ETFSHYD Fund Description
SHYD tracks a market value-weighted US bond index composed of high-yield municipal bonds with 1-12 years remaining in maturity.
SHYD Factset Analytics Insight
SHYD’s target of high-yield, short-duration tax-exempt municipal bonds means it holds debt with 1-12 years left to maturity. In the corporate debt space, these would be considered intermediate debt, so investors should be aware that this fund defines short-term somewhat differently from its peers. SHYD’s underlying index aims to provide a more liquid portfolio of muni bonds by targeting a weight allocation of 70% in non-investment grade, 20% in BBB- rated investment grade, and 10% in A- rated investment grade bonds. 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.
SHYD Summary Data
SHYD Portfolio Data
SHYD Index Data
SHYD Portfolio Management
SHYD Tax Exposures
SHYD Fund Structure
SHYD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SHYD. SHYD is rated a N/A out of 5.
SHYD Tradability
SHYD Sector/Industry Breakdown
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SHYD Top 10 Holdings[View All]
SHYD Top 5 Countries
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SHYD Top 5 Currencies
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SHYD Performance Statistics
SHYD Holdings Statistics
SHYD Avg Life Maturity Distribution
SHYD OAS Breakdown
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