VanEck Short High Yield Muni ETF (SHYD)

BATS: SHYD · IEX Real-Time Price · USD
+0.06 (0.27%)
At close: Mar 24, 2023, 4:00 PM
+0.03 (0.13%)
After-hours: Mar 24, 2023, 8:00 PM EDT
Assets $429.75M
Expense Ratio 0.35%
PE Ratio n/a
Shares Out 19.10M
Dividend (ttm) $0.60
Dividend Yield 2.66%
Ex-Dividend Date Mar 1, 2023
Payout Ratio n/a
1-Year Return -4.10%
Volume 294,885
Open 22.49
Previous Close 22.41
Day's Range 22.40 - 22.51
52-Week Low 21.39
52-Week High 23.43
Beta 0.21
Holdings 596
Inception Date Jan 13, 2014

About SHYD

The VanEck Short High Yield Muni ETF (SHYD) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted US bond index composed of high-yield municipal bonds with 1-12 years remaining in maturity. SHYD was launched on Jan 13, 2014 and is managed by VanEck.

Asset Class Fixed Income
Category High Yield Muni
Region North America
Stock Exchange BATS
Ticker Symbol SHYD
Issuer VanEck
Index Tracked ICE 1-12 Year Broad High Yield Crossover Municipal


Ex-Dividend Amount Pay Date
Mar 1, 2023 $0.0452 Mar 7, 2023
Feb 1, 2023 $0.0468 Feb 7, 2023
Dec 28, 2022 $0.0521 Dec 30, 2022
Dec 1, 2022 $0.0508 Dec 7, 2022
Nov 1, 2022 $0.0529 Nov 7, 2022
Oct 3, 2022 $0.0501 Oct 7, 2022
Full Dividend History


Why Income Investors Should Revisit Municipal Bond ETFs

Investors should consider the opportunities in the municipal bond market and turn to related exchange traded fund strategies to diversify back into this fixed income category.

2 months ago - ETF Trends

Opportunity Knocks With High Yield Muni Bonds

With aggregate bond indexes flailing this year at the hands of rising interest rates, fixed income investors are understandably frustrated and wary about the asset class at large. However, this year's...

Other symbols: HYD
4 months ago - ETF Trends

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 ...

Other symbols: HYDMAAXMLN
11 months ago - ETF Trends

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”)

Other symbols: HYDITMMLNSMB
1 year ago - Business Wire

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-adv...

Other symbols: HYD
1 year ago - ETF Trends

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 t...

Other symbols: HYDXMPT
2 years ago - ETF Trends

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.

Other symbols: FMHIMLNMUST
2 years ago - Zacks Investment Research

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.

Other symbols: ITMMLN
2 years ago - Zacks Investment Research

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.

Other symbols: HYD
2 years ago - ETF Trends

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, the...

Other symbols: HYGSHYGSJNK
2 years ago - ETF Trends

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.

Other symbols: ITMMLNPZATFI
3 years ago - Zacks Investment Research

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.

Other symbols: HYD
3 years ago - ETF Trends

Sustainable Investing Is Coming to Municipal Bond ETFs

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

Other symbols: GRNBHYDITMMLN
3 years ago - ETF Trends

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.

3 years ago - Zacks Investment Research

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 VanE...

Other symbols: HYDITMMLNMAAX
3 years ago - ETF Trends