SHYD

VanEck Short High Yield Muni ETF
*Unless otherwise stated, data provided by FactSet.

SHYD Fund Description

SHYD tracks a market-value-weighted US bond index composed of high-yield municipal bonds with 1-12 years in maturity remaining.

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 by targeting a weight allocation of 65% in non-investment grade municipal bonds, 25% in BBB rated investment grade municipal bonds, and 10% in A rated investment grade bonds (according to the index provider’s methodology). 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 10/14/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SHYD -1.50% -1.68% 2.58% 5.59% 4.36% 2.95% --
SHYD (NAV) -0.99% -1.03% 2.88% 6.00% 4.32% 3.09% --
Bloomberg Municipal High Yield Short Duration -0.55% -0.11% 4.11% 7.62% 5.72% 4.33% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SHYD Summary Data

VanEck
01/13/14
Open-Ended Fund
0.35%
$423.59M
$3.13M
0.13%
N/A

SHYD Portfolio Data

4.01
--
2.22%
10/01/21
690

SHYD Index Data

Bloomberg Municipal High Yield Short Duration
Market Value
AMT-Free
N/A

SHYD Portfolio Management

0.35%
-1.33%
-0.26%
-2.39%

SHYD Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

SHYD Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

SHYD Factset Analytics Block Liquidity

As of 10/15/21
5
4
3
2
1

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

123,425
$3.13M
90,099
$2.29M
0.13%
$0.03
0.37%
0.64% / -0.80%
None
100.00%
50,000
1.80
0.02%
--
0
$25.00
N/A

SHYD Sector/Industry Breakdown


SHYD
Segment Benchmark
84.02%
--
12.18%
--
3.81%
--

SHYD Top 10 Holdings[View All]

2.01%
1.15%
0.98%
0.93%
0.90%
0.87%
0.86%
0.83%
0.77%
0.72%
10.03%

SHYD Top 5 Countries


SHYD
Segment Benchmark
100.00%
--

SHYD Top 5 Currencies


SHYD
Segment Benchmark
100.00%
--

SHYD Performance Statistics

--
--
--
--
--

SHYD Holdings Statistics

4.51 years
4.01
2.22%
4.00
Low
690
1.31%

SHYD Avg Life Maturity Distribution

11.89%
9.55%
11.81%
26.88%
19.44%
18.33%
2.09%
--
--

SHYD OAS Breakdown

62.75%
17.35%
8.89%
3.25%
5.00%
1.72%
0.09%
--
0.36%
0.11%
0.47%