HYD
- VanEck High Yield Muni ETFKey Information
| Earliest date | 2009-02-05 |
| Exchange | CBOE |
| Instrument Type | ETF |
| MIC Code | BATS |
| Country | United States |
ETF Information
| Fund Provider | VanEck |
| Index | ICE Broad High Yield Crossover Municipal |
| Expense Ratio | 0.32% |
| Number Of Holdings | 1456 |
| Inception Date | 2009-02-04 |
| Asset Class | Bonds |
| Currency | USD |
| Listing | US-listed |
| Bond Type | Municipal Bonds |
| Non-leveraged | Non-leveraged |
About HYD
The VanEck High Yield Muni ETF (HYD) tracks an index of high-yield municipal bonds, offering a tax-efficient income stream for investors in high tax brackets. The fund invests in below-investment-grade bonds, providing a higher yield in exchange for a higher default risk. With a diversified portfolio of over 1,400 holdings, HYD offers a reasonable level of diversification, making it a suitable choice for investors seeking additional current income and willing to take on more risk.