VanEck Vectors High-Yield Municipal Index ETF (HYD)
| Assets | $3.06B |
| NAV | $55.88 |
| Expense Ratio | 0.35% |
| PE Ratio | n/a |
| Shares Out | 54.70M |
| Dividend (ttm) | $2.11 |
| Dividend Yield | 3.78% |
| Ex-Dividend Date | May 2, 2022 |
| 1-Year Return | -11.41% |
| Volume | 746,777 |
| Open | 58.44 |
| Previous Close | 55.83 |
| Day's Range | 55.81 - 56.02 |
| 52-Week Low | 57.83 |
| 52-Week High | 63.98 |
| Beta | 0.34 |
| Holdings | 1780 |
| Inception Date | Feb 4, 2009 |
About HYD
The fund normally invests at least 80% of its total assets in securities that comprise the benchmark index. The index is comprised of publicly traded municipal bonds that cover the U.S. dollar denominated high yield long-term tax-exempt bond market.
Top 10 Holdings
10.36% of assets| Name | Symbol | Weight |
|---|---|---|
| Us Dollar | N/A | 2.68% |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | OH BUCGEN 5 06.01.2055 | 2.48% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | PR PRCGEN 5 07.01.2058 | 0.92% |
| FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 6.5% | FL FLSDEV 01.01.2049 | 0.84% |
| NEW YORK LIBERTY DEV CORP LIBERTY REV 5% | NY NYCDEV 5 11.15.2044 | 0.70% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75% | PR PRCGEN 4.75 07.01.2053 | 0.67% |
| TSASC INC N Y 5% | NY TSA 5 06.01.2045 | 0.56% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329% | PR PRCGEN 4.33 07.01.2040 | 0.54% |
| FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 7.375% | FL FLSDEV 7.38 01.01.2049 | 0.49% |
| CHICAGO ILL BRD ED 7% | IL CHIEDU 7 12.01.2044 | 0.49% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 2, 2022 | $0.174 | May 6, 2022 |
| Apr 1, 2022 | $0.1695 | Apr 7, 2022 |
| Mar 1, 2022 | $0.1609 | Mar 7, 2022 |
| Feb 1, 2022 | $0.1758 | Feb 7, 2022 |
| Dec 29, 2021 | $0.1738 | Dec 31, 2021 |
| Dec 1, 2021 | $0.1704 | Dec 7, 2021 |
News
Muni Carnage Could Create Opportunity
Municipal bonds and the related exchange traded funds are languishing as interest rates rise, but a silver lining could materialize. While the first four months of 2022 have been rough on munis, some ma...
High-Yield Muni Bond ETFs Are Having a Rough Time
Speculative-grade municipal bond-related exchange traded funds have taken a beating, with high-yield munis on pace for their worst year since 2008. Year-to-date, the VanEck Vectors High Yield Muni ETF (...
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”)
Riskier Muni Bonds, Funds Paying off for Investors
Low bond yields on Treasuries and other safe fixed income assets, including investment-grade municipal bonds, often encourage investors to take on more risk in the bond space. That scenario is repeating...
High-Yield Munis Worth Considering as Default Rates Cooperate
Yields are low across the fixed income universe this year, and municipal bonds aren't exempt from that trend. That may sound like an invitation to embrace high-yield municipal bonds and exchange traded ...
High-Yield Munis Remain Sturdy Despite an Uptick in Defaults
The federal government heaped billions of dollars on states to help them tidy up their balance sheets in the wake of the coronavirus pandemic. However, municipal default rates ticked higher in 2020 and ...
The HYD ETF: Elevate Your Municipal Bond Income
Yields are low across the fixed income spectrum and municipal bonds aren't being spared. The positive is that bond prices are appreciating, but when yields get too low, investors are often compelled to ...
As Tax Talks Ramp Up, Investors Turning to High-Yield Munis
The Biden Administration is proposing significant increases to capital gains taxes, and while those levies are aimed at big earners and the wealthy, the debate is bringing renewed attention to tax-advan...
Municipal Bonds Are Soaring. So Are 3 VanEck ETFs
For seven straight months, fixed income investors turned to municipal bonds over Treasuries, putting the spotlight on three VanEck ETFs investors can consider. “America's municipal bonds are staging the...
These 3 High Yield Bond ETFs from VanEck Are Dominating YTD Inflows
Fund flows can help indicate investors' penchant for certain ETFs when it comes to bonds and right now, it's high yield for ETF provider VanEck. One reason could be the falling default rates.
These 3 High Yield ETFs Are Posting Massive Inflows
More investors are looking at riskier assets in order to obtain increasingly elusive yield. ETF provider VanEck is seeing strong inflows in three of its ETFs that focus on high yield debt.
Add High Yield to Your Municipal Bond Mix with the HYD ETF
Government debt has typically been viewed through the lens of a solid safe haven play. One sector that's been getting a closer look lately is municipal bonds.
High-yield ETF issuer on his forecast for 'fallen angels,' gold
Van Eck Associates CEO Jan van Eck and Seymour Asset Management CIO Tim Seymour unpack what could lie ahead for high-yield ETFs and gold with CNBC's Bob Pisani.
Will a Biden Presidency Be a Boon for High Yield Bonds?
A win for Democratic hopeful Joe Biden in the upcoming U.S. presidential election could be a boon for high yield bonds, according to a recent MarketWatch article.
Muni ETFs Aren’t Dependent on Electoral Outcomes
Among fixed income assets, municipal bonds are often sensitive to political conjecture due to the tax treatment of these bonds, bu the VanEck Vectors High-Yield Municipal ETF (CBOE: HYD) could be a sol...
With Default Rates Low, Munis Still Look Interesting for Conservative Investors
Municipal bond default rates are low, a pleasant surprise in the wake of the coronavirus pandemic and one that highlights opportunities with the VanEck Vectors High-Yield Municipal ETF (CBOE: HYD). Due...
Muni Bonds Could be Bolstered by Interesting Revenue Stream
Amid fears, plenty of which are being realized, that the coronavirus pandemic will punish state revenue intake, previously steady municipals are taking some lumps this year. For example, the VanEck Vec...
Why are ETFs are trading at big discounts
CNBC's Dom Chu breaks down ETFs amid the coronavirus pandemic.
Explaining Dislocation, Disruption in a Popular Muni ETF
One of the primary reasons investors embrace municipal bonds and the related ETFs is the asset class’s reputation for low volatility.
Bond funds are seeing record money flows as stocks collapse. Here's what to watch
CNBC's Bob Pisani discusses the record levels of flows in bond-based exchange-traded funds with Tom Lydon of ETF Trends and Andrew McOrmond of WallachBeth Capital.
Important Things to Know About High-Yield Munis Right Now
Municipal bonds are often considered lower risk fixed income alternatives and as such carry lower yields than, say, corporate debt.
Sustainable Investing Is Coming to Municipal Bond ETFs
Sustainable investing is much more than a new buzz phrase in the investment community.
HYD: High Yield Munis Can Be An Equity Hedge, But Understand The Risks
By Dividend Seeker Many investors are looking for ways to hedge against a potential decline in equities, after an impressive run in 2019.
Aggressive Conservative Bond Approach Could Pay Off in 2020
Municipal bonds are usually viewed as conservative investments with lower yields on higher credit quality. Investors looking to add some spice to that trade without incurring much more risk should evalu...