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 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.

PERFORMANCE [as of 05/12/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SHYD -- -- -- -- -- -- --
SHYD (NAV) -2.11% -6.30% -9.11% -7.79% -0.22% 1.58% --
N/A -- -- -- -- -- -- --
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%
$413.37M
$5.08M
0.20%
N/A

SHYD Portfolio Data

4.07
--
2.38%
06/01/22
686

SHYD Index Data

N/A
Market Value
AMT-Free
N/A

SHYD Portfolio Management

0.35%
-1.33%
-0.26%
-2.31%

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 05/13/22
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

223,426
$5.08M
180,244
$4.21M
0.20%
$0.05
0.08%
0.69% / -2.15%
None
100.00%
50,000
3.60
0.02%
--
0
$22.58
N/A

SHYD Sector/Industry Breakdown


SHYD
Segment Benchmark
85.53%
--
5.47%
--
3.04%
--
2.25%
--
1.17%
--
1.11%
--
0.57%
--
0.53%
--
0.24%
--
0.09%
--

SHYD Top 10 Holdings[View All]

1.12%
0.81%
0.81%
0.77%
0.75%
0.74%
0.65%
0.61%
0.58%
0.55%
7.40%

SHYD Top 5 Countries


SHYD
Segment Benchmark
100.00%
--

SHYD Top 5 Currencies


SHYD
Segment Benchmark
100.00%
--

SHYD Performance Statistics

--
--
--
--
--

SHYD Holdings Statistics

5.03 years
4.07
2.38%
4.07
Low
686
1.32%

SHYD Avg Life Maturity Distribution

8.36%
8.37%
12.55%
25.58%
21.41%
22.04%
1.70%
--
--

SHYD OAS Breakdown

61.88%
23.71%
5.81%
1.20%
3.96%
2.57%
--
0.19%
0.01%
--
0.67%