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
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