HYDVanEck High Yield Muni ETF

Get income17y track recordRanked #143 of 1,622 in this goal

Seeks to replicate the price and yield performance of the ICE Broad High Yield Crossover Municipal Index.

By VanEck · Launched 2009

Annual Cost

0.32%

#1,543 of 5,562 · low cost

Fund Size

$4.3B

#473 of 5,562 · large

Dividend YieldGoal

4.34%

Track Record

17 years

#655 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,591+5.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

ICE Broad High Yield Crossover Municipal Index

What it actually holds

By weight

Concentration

Top 10 holdings = 6.8% of fund✓ well diversified

Buckeye Tobacco Settlement Financing Authority

0.9%

Puerto Rico Sales Tax Financing Corp Sales Tax Revenue

0.7%

Puerto Rico Sales Tax Financing Corp Sales Tax Revenue

0.7%

Puerto Rico Sales Tax Financing Corp Sales Tax Revenue

0.7%

Chicago Board of Education

0.7%

New York Transportation Development Corp

0.6%

Tobacco Settlement Financing Corp

0.6%

New York Transportation Development Corp

0.6%

Puerto Rico Sales Tax Financing Corp Sales Tax Revenue

0.6%

Chicago Board of Education

0.6%

Asset allocation

Bonds

95.7%

Cash

4.3%

Stocks

0.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

4.0%Low

Year-on-year price swings

Max drawdown

-35.6%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.21Below average

Sortino (3Y)

0.27Moderate downside risk

Bond profile

Duration

5.0 years

Avg maturity

9.7 years

Credit ratings

AAA

0.7%

9.3%

13.0%

BBB

21.6%

19.1%

1.7%

Below B

1.0%

Other

33.5%

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks to replicate the price and yield performance of the ICE Broad High Yield Crossover Municipal Index.
Strategy: Invests primarily in securities that comprise the High Yield Index, which includes non-investment grade and investment grade municipal bonds. Uses a sampling methodology to approximate the investment performance of the High Yield Index without trying to beat it.
Inception date: February 4, 2009
Fund family: VanEck