SHYD
VanEck Short High Yield Muni ETF
NAV as of
4 Week: 21.31 - 21.99
52 Week: 21.31 - 22.73
Latest Closing Price
21.94
Premium / Discount
0.37
Expense Ratio
0.35%
Investment Objective
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ICE 1-12 Year Broad High Yield Crossover Municipal 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.
Main Fund Characteristics
Performance
Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
---|---|---|---|
YTD | -1.48 | 0.42 | -3.57 |
1 Day | -0.14 | 0.00 | 0.00 |
1 Week | 0.55 | 0.66 | 0.83 |
1 Month | 1.39 | 2.22 | 0.62 |
3 Months | 0.14 | 3.43 | 0.04 |
6 Months | -0.77 | 4.40 | -0.17 |
1 Year | -1.35 | 6.70 | -0.20 |
2 Years | -12.47 | 9.65 | -1.29 |
3 Years | -11.64 | 10.08 | -1.15 |
5 Years | -9.34 | 29.23 | -0.32 |
10 Years | 0.00 | 0.00 | 0.00 |
Price History
Annual Performance Return
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
Price (%) | 0.0000 | 0.0000 | 1.4741 | -1.8624 | 5.5288 | 2.4512 | 7.2993 | 1.8072 | 3.6350 | -9.0458 |
Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
Rank | 0.0000 | 0.0000 | 95.0000 | 100.0000 | 84.0000 | 24.0000 | 87.0000 | 84.0000 | 88.0000 | 10.0000 |
Dividend Frequency
Lastest Dividend
Ex Date | Payment Date | Dividend Payout per unit |
---|---|---|
31/10/2023 | 06/11/2023 | 0.0646 |
01/10/2023 | 05/10/2023 | 0.0550 |
31/08/2023 | 07/09/2023 | 0.0554 |
02/07/2023 | 06/07/2023 | 0.0530 |
31/05/2023 | 06/06/2023 | 0.0558 |
30/04/2023 | 04/05/2023 | 0.0500 |
02/04/2023 | 09/04/2023 | 0.0635 |
28/02/2023 | 06/03/2023 | 0.0452 |
31/01/2023 | 06/02/2023 | 0.0468 |
27/12/2022 | 29/12/2022 | 0.0521 |
Portfolio Data
Total Number of Holdings: 526
Number of Bond Holdings: 524
Number of Equity Holdings: 0
Total Market Value: 352,268,847
Portfolio Composition
Top 10 Holdings
% Portfolio Weight | Shares Owned | Shares Changed | Market Value | ||
---|---|---|---|---|---|
1 | FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 6.5% | 2.1944 | 5,750,000 | 0 | 5,417,765 |
2 | BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5.12% | 1.8070 | 4,455,000 | 0 | 4,461,148 |
3 | BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5.88% | 1.4216 | 3,500,000 | 0 | 3,509,590 |
4 | FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 6.37% | 1.2453 | 3,250,000 | 0 | 3,074,370 |
5 | ILLINOIS ST 5% | 1.1535 | 2,505,000 | 0 | 2,847,734 |
6 | DOMINION WTR & SANTN DIST COLO TAP FEE REV 5.25% | 1.0809 | 2,500,000 | 0 | 2,668,575 |
7 | FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 6.25% | 1.0610 | 2,750,000 | 0 | 2,619,458 |
8 | OHIO ST AIR QUALITY DEV AUTH REV 3.25% | 1.0439 | 2,500,000 | 0 | 2,577,350 |
9 | ILLINOIS ST 5% | 1.0081 | 2,355,000 | 0 | 2,488,788 |
10 | PUBLIC FIN AUTH WIS EXEMPT FACS REV 4.3% | 0.8848 | 2,000,000 | 0 | 2,184,320 |
Country Exposure
Regional Exposure
America
Greater Europe
Greater Asia
Market Classification
Market Capitalization
Size | % of portfolio |
---|---|
N.A |
Equity Style Box Breakdown
0 | 0 | 0 | Large |
0 | 0 | 0 | Mid |
0 | 0 | 0 | Small |
Value | Blend | Growth |
Value Measures
Price/Prospective Earnings*
0.0000
Price/Book*
0.0000
Price/Sales*
0.0000
Price/Cash Flow*
0.0000
Dividend Yield*
0.0000
Growth Measures
Long-Term Earnings
0.0000
Historical Earnings
0.0000
Sales Growth
0.0000
Cash-Flow Growth
0.0000
Book-Value Growth
0.0000
*Forward-looking based on historical data.
Equity Sector
Number of Bond Holdings
524
Bond Statitics
Detail | Value |
---|---|
Average Effective Duration | 4.32 |
Average Effective Maturity (Years)* | 5.84 |
Average Credit Quality | 13.00 |
Average Weighted Coupon* | 4.72 |
Average Weighted Price* | 97.70 |
Bond Style Box Breakdown
0 | 0 | 0 | High | Quality |
0 | 0 | 0 | Med | |
0 | 0 | 0 | Low | |
Ltd | Mod | Ext | ||
Interest-Rate Sensitivity |
Credit Quality
Type | % Bonds |
---|---|
AAA | 0.02 |
AA | 2.39 |
A | 13.33 |
BBB | 20.41 |
BB | 19.84 |
B | 10.53 |
Below B | 0.35 |
Not Rated | 33.12 |
Bond Sector
Bond Maturity
% Bonds | |
---|---|
1 to 3 Years | 12.06 |
3 to 5 Years | 16.11 |
5 to 7 Years | 27.24 |
7 to 10 Years | 29.54 |
10 to 15 Years | 4.84 |
15 to 20 Years | 0.93 |
20 to 30 Years | 6.42 |
Over 30 Years | 1.38 |
1 to 7 Days | 0.00 |
8 to 30 Days | 0.00 |
31 to 90 Days | 0.00 |
91 to 182 Days | 0.04 |
183 to 364 Days | 1.26 |
Data Source: Morningstar
© 2019 Morningstar. All Rights Reserved. The information, data, analyses and opinions (“Information”) contained herein:
(2) may not be copied or redistributed except as specifically authorised;
(3) do not constitute investment advice;
(4) are provided solely for informational purposes;
(5) are not warranted to be complete, accurate or timely; and
(6) may be drawn from fund data published on various dates.
Morningstar and Phillip Securities Pte Ltd are not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.
For the most up-to-date fund’s data and information, a copy of the fund factsheet, information or prospectus may be obtained from the respective ETF issuer.