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SHYD - VanEck Vectors Short High-Yield Municipal Index ETF

Stock Price: $25.13 USD -0.02 (-0.08%)
Updated Apr 16, 2021 4:00 PM EDT - Market closed
Assets $297.62M
NAV $25.01
Expense Ratio 0.35%
PE Ratio n/a
Beta (5Y) 0.16
Dividend (ttm) $0.75
Dividend Yield 3.00%
Ex-Dividend Date Apr 1, 2021
1-Year Return -
Trading Day April 16
Last Price $25.13
Previous Close $25.15
Change ($) -0.02
Change (%) -0.08%
Day's Open 25.11
Day's Range 25.10 - 25.16
Day's Volume 174,097
52-Week Range 20.86 - 25.27

Fund Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Bloomberg Barclays Municipal High Yield Short Duration Index. 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.

Asset Class
Portfolio-Multi Asset
Sector
Bonds
Region
North America
Inception Date
Jan 13, 2014
Exchange
BATS
Ticker Symbol
SHYD
Index Tracked
Bloomberg Barclays Municipal High Yield Short Duration Index

Top 10 Holdings

9.32% of assets
NameSymbolWeight
FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 6.5%n/a1.58%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 0.01%n/a0.99%
ILLINOIS FIN AUTH REV 4.75%n/a0.97%
FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 6.38%n/a0.91%
CALIFORNIA MUN FIN AUTH SPL FAC REV 4%n/a0.86%
CHICAGO ILL BRD ED 5%n/a0.86%
CENTRAL TEX REGL MOBILITY AUTH REV 5%n/a0.81%
NEW YORK TRANSN DEV CORP SPL FAC REV 4%n/a0.80%
WASHINGTON ST CONVENTION CTR PUB FACS DIST 4%n/a0.78%
PUBLIC FIN AUTH WIS REV 5%n/a0.76%
View All Holdings

Dividends

Ex-DividendAmountPay Date
Apr 1, 2021$0.0586Apr 8, 2021
Mar 1, 2021$0.064Mar 5, 2021
Feb 1, 2021$0.0633Feb 5, 2021
Dec 29, 2020$0.0648Jan 5, 2021
Dec 1, 2020$0.0615Dec 7, 2020
Nov 2, 2020$0.0647Nov 6, 2020
Full Dividend History

News

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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.

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1 week ago - Zacks Investment Research

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.

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5 months ago - Zacks Investment Research

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.

Other tickers mentioned: HYD
6 months ago - ETF Trends

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...

Other tickers mentioned: HYG, SHYG, SJNK
8 months ago - ETF Trends

Muni bonds are on their way to record the best month since 2009. These ETFs won the most past month.

Other tickers mentioned: ITM, MLN, PZA, TFI
10 months ago - Zacks Investment Research

Municipal bonds are often considered lower risk fixed income alternatives and as such carry lower yields than, say, corporate debt.

Other tickers mentioned: HYD
1 year ago - ETF Trends

Sustainable investing is much more than a new buzz phrase in the investment community.

Other tickers mentioned: GRNB, HYD, ITM, MLN
1 year ago - ETF Trends

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.

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1 year ago - Zacks Investment Research

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...

Other tickers mentioned: HYD, ITM, MLN, MAAX
1 year ago - ETF Trends