HYD
·CBOE
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Key Stats
Assets Under Management
4.01BUSD
Fund Flows (1Y)
831.62MUSD
Dividend Yield
3.89%
Discount/Premium to NAV
1.01%
Shares Outstanding
79.00M
Expense Ratio
0.32%
About VanEck High Yield Muni ETF
Issuer
Van Eck Associates Corporation
Brand
VanEck
Inception Date
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Structure
Open-Ended Fund
Index Tracked
ICE Broad High Yield Crossover Municipal Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
HYD provides exposure to the high-yield municipal ETF space with an issuer-capped index, which produces a different geographic exposure and credit risk profile than the broad market. It holds tax-exempt high-yield bonds of varying maturities, with a tilt towards longer-term securities. The underlying index consists of USD-denominated municipal bonds, allocating 70% to high-yield, 25% to BBB-rated, and 5% to A-rated securities. The index weights its components by market value and rebalances monthly. The fund uses a sampling method in tracking the index, which means it will invest in a sample of securities that collectively have an investment profile similar to that of the underlying index. Prior to March 1, 2022, the fund tracked the Bloomberg Municipal Custom High Yield Composite Index. Then until November 30, 2022, the fund used a transition index to gradually broaden its exposure before tracking its current index.
Classification
Asset Class
Fixed Income
Category
Government, Local Authority/Municipal
Focus
High Yield
Niche
Broad Maturities
Strategy
Vanilla
Geography
U.S.
Weighting Scheme
Market Value
Selection Criteria
AMT-free
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +0.22% | +1.03% | -0.91% | -0.29% | +0.59% | -16.73% |
NAV Total Return | -0.02% | +1.22% | +2.23% | +2.70% | +12.52% | +0.62% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
Buckeye Tobacco Settlement Financing Au
0.99%
Puerto Rico Sales Tax Financing Corp Sa
0.78%
Puerto Rico Sales Tax Financing Corp Sa-1
0.75%
Puerto Rico Sales Tax Financing Corp Sa-2
0.75%
New York Transportation Development Cor
0.70%
Tobacco Settlement Financing Corp
0.66%
New York Transportation Development Cor-1
0.64%
California Infrastructure & Economic De
0.52%
Kentucky Public Energy Authority
0.51%
City Of Houston Tx Airport System Reven
0.50%
Top 10 Weight 6.8%
1800 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-11-28 | 2025-11-28 | 2025-12-03 | 0.172 |
| 2025-11-03 | 2025-11-03 | 2025-11-06 | 0.191 |
| 2025-10-01 | 2025-10-01 | 2025-10-06 | 0.174 |
| 2025-09-02 | 2025-09-02 | 2025-09-05 | 0.185 |
| 2025-08-01 | 2025-08-01 | 2025-08-06 | 0.192 |
| 2025-07-01 | 2025-07-01 | 2025-07-07 | 0.188 |
| 2025-06-02 | 2025-06-02 | 2025-06-05 | 0.184 |
Show more
Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
