VanEck High Yield Muni ETF (HYD)
| Assets | $3.29B |
| Expense Ratio | 0.32% |
| PE Ratio | n/a |
| Shares Out | 66.05M |
| Dividend (ttm) | $2.18 |
| Dividend Yield | 4.46% |
| Ex-Dividend Date | Jul 1, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 825,997 |
| Open | 48.97 |
| Previous Close | 48.94 |
| Day's Range | 48.85 - 48.97 |
| 52-Week Low | 47.78 |
| 52-Week High | 53.10 |
| Beta | 0.33 |
| Holdings | 1672 |
| Inception Date | Feb 4, 2009 |
About HYD
Fund Home PageThe VanEck High Yield Muni ETF (HYD) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index of high-yield, tax-exempt US municipal bonds. HYD was launched on Feb 4, 2009 and is issued by VanEck.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 1, 2025 | $0.1878 | Jul 7, 2025 |
| Jun 2, 2025 | $0.1842 | Jun 5, 2025 |
| May 1, 2025 | $0.172 | May 6, 2025 |
| Apr 1, 2025 | $0.1888 | Apr 4, 2025 |
| Mar 3, 2025 | $0.1588 | Mar 6, 2025 |
| Feb 3, 2025 | $0.2067 | Feb 6, 2025 |
Performance
HYD had a total return of -2.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.57%.
News
HYD: This High-Yield ETF Is A Strong Buy
VanEck High Yield Muni ETF offers attractive, tax-free income, strong yield, liquidity, and broad diversification, making it compelling for taxable portfolios. HYD's current 4.67% SEC yield translates...
HYD: Munis Have Momentum And Tailwinds To Keep It Going (Rating Upgrade)
Munis often rise in the months following Fed rate cuts, suggesting there is still time to get in on this play. The fund's California exposure bothers me less given how strong equity returns have been....
HYD: Great Tax Equivalent Yield
VanEck High Yield Muni ETF offers high-yield, tax-free income by focusing on municipal bonds, making it attractive for investors in higher tax brackets. The HYD ETF's diversified portfolio includes 1,...
HYD: Strong Muni Bond ETF, Tax-Advantaged 4.3% Yield
VanEck High Yield Muni ETF is a simple muni bond index ETF. It offers investors a tax-advantaged 4.3% yield. Said yield is higher than average for a muni bond ETF. After-tax yields seem higher than av...
HYD: The Fed Is Making Things Difficult (Rating Downgrade)
In this review, I look at the VanEck Vectors High Yield Municipal Index ETF as an investment option at its current market price. While there have been recent positive returns seen in this sector, I se...
Bucking the zeitgeist on bonds
Bucking the zeitgeist on bonds.
U.S. Weekly FundFlows Insight Report: Equity ETFs Attract Net New Money During The Flows Week
Fund investors were net purchasers of fixed income funds (+$3.9 billion), commodity funds (+$220 million), and alternatives funds (+$68 million). For the week, the Treasury yield rose at the long end ...
Nuveen High Yield Muni: Generational Opportunity In Muni CEFs
Municipal bond closed-end funds (CEFs) are recommended as a top trade idea for 2024, offering the potential for high total returns in a relatively safe asset class.
HYD: I'm A Buyer Of High Yield Munis Going In To 2024
The article evaluates the VanEck Vectors High Yield Municipal Index ETF (HYD) as an investment option at its current market price. I prefer HYD over leveraged CEF options to reach for more income in t...
HYD: Good Municipal Bond ETF, Tax-Advantaged 4.1% Yield
VanEck High Yield Muni ETF offers investors a tax-exempt 4.0% dividend yield and potential capital gains if interest rates stabilize. The fund's credit risk is low, but it experiences high volatility ...
U.S. Weekly FundFlows Insight Report: Investors Go Into Risk-Off Mode For Fund Flows Week
Investors were net purchasers of fund assets for the third week in four. Investors took a risk-off approach to investing during the fund flows week. Equity ETFs witnessed net outflows for the first we...
HYD: High Yield Munis Have A Path To Go Higher
The article evaluates the VanEck Vectors High Yield Municipal Index ETF as an investment option at its current market price. High yield munis will benefit from lower levels of inflation and lower cred...
VanEck Lowers Fees For Three ETFs
NEW YORK--(BUSINESS WIRE)--VanEck announces that, effective today June 20th, three of its Exchange Traded Funds (ETFs) will have lower management fees.
ETF Flows, The Winners And Losers In Volatile Markets
Recent uncertainty, instigated by the issues seen across the financial sector, has led to a change in investment flows seen across exchange traded funds. A change in investment flows can be seen over ...
HYD: One Year Later, I See A More Investible Landscape
The municipal bond sector has broadly been under pressure since early 2022. With this weakness comes opportunity. High yield munis have unique credit risks that investors need to be aware of. As a res...
HYD: Even After Epic Drop, Still Not A Place To Hide
HYD is exactly why investors should not reach for yield in the modern bond market climate. It suckers investors in with the lure of "high yield, tax-free."
HYD: Strong Municipal Bond Index ETF, 3.9% Yield
Municipal bond funds offer investors above-average, tax-exempt dividend yields. HYD is one of the highest-yielding municipal bond ETFs in the market.
U.S. Weekly FundFlows Insight Report: Despite Rise In Interest Rates, Investors Inject Net New Money Into Fixed Income ETFs For The Lipper Fund Flows Week
Investors were overall net purchasers of fund assets (including those of conventional funds and ETFs) for the first week in three, injecting a net $9.2 billion for the Refinitiv Lipper fund-flows week...
HYD: Outlook Fading On High Yield, Will Be More Selective On Munis
The municipal bond sector has broadly been under pressure over the past few quarters. This includes high yield munis, passive ETFs, and CEFs of all stripes. The causes are multi-fold. Rising yields, l...
VanEck to Transition Underlying Indexes for Several of Its Municipal Bond ETFs
NEW YORK--(BUSINESS WIRE)--VanEck announces plans to change underlying indexes tracked by some of the firm's municipal bond ETFs to new indexes from ICE Data Indices (“ICE”)
Municipal Bond Market Outlook - A Lot Of Uncertainty
As a working professional, the municipal bond market has been a preferred asset class of mine for a long time. I find the tax-exempt income preferable to alternative, taxable investment grade options....
HYD: I Feel Comfortable Buying High Yield Munis
HYD: I Feel Comfortable Buying High Yield Munis
Swap Options For Reducing Discount Risk And Not Sacrificing A Ton Of Yield
In counter-cyclical investing, we want to buy CEFs when discounts are wide and sell them when discounts are tight. The problem we run into is that when we swap, we give up the upside of the NAVs shoul...
HYD: Strong Municipal Bond Index ETF, 3.7% Yield
HYD: Strong Municipal Bond Index ETF, 3.7% Yield
HYD: There Is Still Some Value In High Yield Munis
High yield sectors, whether in corporates or municipals, have elevated credit risk. With the economy finally re-opening, this is less of a concern.