VanEck Vectors Short High-Yield Municipal Index ETF (SHYD)
| Assets | $454.24M |
| NAV | $24.62 |
| Expense Ratio | 0.35% |
| PE Ratio | n/a |
| Shares Out | 18.45M |
| Dividend (ttm) | $0.64 |
| Dividend Yield | 2.60% |
| Ex-Dividend Date | Dec 29, 2021 |
| 1-Year Return | -1.94% |
| Volume | 285,450 |
| Open | 24.67 |
| Previous Close | 24.67 |
| Day's Range | 24.70 - 24.79 |
| 52-Week Low | 24.62 |
| 52-Week High | 24.62 |
| Beta | 0.17 |
| Holdings | 708 |
| Inception Date | Jan 13, 2014 |
About SHYD
The fund normally invests at least 80% of its total assets in securities that comprise the benchmark index. The index is composed of publicly traded municipal bonds that cover the U.S. dollar denominated high yield short-term tax-exempt bond market.
Top 10 Holdings
10.00% of assets| Name | Symbol | Weight |
|---|---|---|
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 0.01% | N/A | 2.10% |
| Us Dollar | N/A | 1.33% |
| FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 6.5% | N/A | 1.06% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 5% | N/A | 0.85% |
| PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5% | N/A | 0.82% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 0.01% | N/A | 0.81% |
| CHICAGO ILL BRD ED 5% | N/A | 0.80% |
| CALIFORNIA MUN FIN AUTH SPL FAC REV 4% | N/A | 0.79% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 0.01% | N/A | 0.78% |
| ILLINOIS ST SALES TAX REV 3% | N/A | 0.66% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2021 | $0.0478 | Dec 31, 2021 |
| Dec 1, 2021 | $0.0475 | Dec 7, 2021 |
| Nov 1, 2021 | $0.0497 | Nov 5, 2021 |
| Oct 1, 2021 | $0.0485 | Oct 7, 2021 |
| Sep 1, 2021 | $0.0515 | Sep 8, 2021 |
| Aug 2, 2021 | $0.0525 | Aug 6, 2021 |
News
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”)
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...
4 Factors Why Muni Bond ETFs Could Rally
The tax hike talks, improving U.S. economic growth, high yields and chances of issuances of build back America bonds may help muni bond ETFs in the near term.
New Tax-Advantaged Income ETF to Play If Blue Sweep Hits Market
The Rareview Tax Advantaged Income ETF looks to offer total return with an emphasis on providing current income, a substantial portion of which will be exempt from federal income taxes.
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.
Fixed Income Investors Are Searching High and Low for Yield
Fixed income investors nowadays are searching high and low for yield, but of course, the higher, the better depending on the scenario. Rather than invest in individual high yield bonds themselves, there...
Muni Bonds on Track for Best Month Since 2009: ETF Winners
Muni bonds are on their way to record the best month since 2009. These ETFs won the most past month.
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.
Democrats Favoring Tax Hikes: Muni Bond ETFs to Soar?
Democratic presidential candidates are pitching for tax hikes in some way or the other. This should keep the winning momentum alive for muni bond ETFs.
For Conservative Investors, Municipal Bonds Still Make Sense
Municipal bonds are often viewed as low-risk investments and some market observers believe risk in the muni market is currently benign, potentially setting up opportunities with ETFs, such as the VanEck...