HYD

VanEck Vectors High Yield Municipal Index ETF

Bonds / Fixed IncomeBATSVanEck ETF
$49.55
$-0.42 (-0.85%)
Delayed ≥20 min · Sep 1, 2026

Key Statistics

Net Assets (AUM)
$1.43B
Expense Ratio
See prospectus
Previous Close
$49.98
Day Range
$49.41 – $49.93
52-Week Range
$49.16 – $51.68
Volume
1.04M
Avg Vol (50D)
857.58K
Beta
0.35

Historical Performance

1M
-0.57%
3M
-2.28%
6M
-0.48%
YTD
-0.17%
1Y
+4.97%
3Y
+11.83%
5Y
-3.87%

Total return including reinvested distributions, from adjusted closing prices.

Price History

Price history is being compiled for this fund.

Top Holdings

Buckeye Tobacco Settlement Financing Authority 0.95%
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 0.73%
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 0.71%
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 0.69%
Chicago Board of Education 0.67%
New York Transportation Development Corp 0.65%
Tobacco Settlement Financing Corp 0.62%
New York Transportation Development Corp 0.60%
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 0.59%
Chicago Board of Education 0.56%
Florida Development Finance Corp 0.54%
Public Finance Authority 0.53%
Texas Private Activity Bond Surface Transportation Corp 0.50%
Kentucky Public Energy Authority 0.48%
Public Finance Authority 0.47%
City of Houston TX Airport System Revenue 0.47%
Arkansas Development Finance Authority 0.47%
Iowa Finance Authority 0.46%
Florida Development Finance Corp 0.46%
California Municipal Finance Authority 0.45%
California Infrastructure & Economic Development Bank 0.44%
Chicago Board of Education 0.43%
California Municipal Finance Authority 0.42%
County of Jefferson AL Sewer Revenue 0.41%
Metropolitan Pier & Exposition Authority 0.41%

Top 25 holdings as of Jan 31, 2026 · source: SEC N-PORT. Full holdings & prospectus →

About HYD

The Fund normally invests at least 80% of its total assets in securities that comprise the benchmark index. The High Yield Index is comprised of publicly traded municipal bonds that cover the U.S. dollar denominated high yield long-term tax-exempt bond market with a weight of 70% in non-investment grade municipal bonds, 25% in triple-B rated investment grade municipal bonds and 5% in single-A rated investment grade municipal bonds (in accordance with the High Yield Index provider’s methodology). This 80% investment policy is non-fundamental and may be changed without shareholder approval upon 60 days' prior written notice to shareholders.The Fund has adopted a fundamental investment policy to invest at least 80% of its assets in municipal securities. Such policy cannot be changed without a shareholder vote. For purposes of this policy, the term “assets” means net assets plus the amount of any borrowings for investment purposes. This percentage limitation applies at the time of the investment.The Fund, using a “passive” or indexing investment approach, attempts to approximate the investment performance of the High Yield Index. Unlike many investment companies that try to “beat” the performance of a benchmark index, the Fund does not try to “beat” the High Yield Index and does not take temporary defensive positions that are inconsistent with its investment objective of seeking to replicate the High Yield Index. Because of the practical difficulties and expense of purchasing all of the securities in the High Yield Index, the Fund does not purchase all of the securities in the High Yield Index. Instead, the Adviser utilizes a “sampling” methodology in seeking to achieve the Fund’s objective. As such, the Fund may purchase a subset of the bonds in the High Yield Index in an effort to hold a portfolio of bonds with generally the same risk and return characteristics of the High Yield Index. The High Yield Index is rebalanced on the last calendar day of the month.The Fund may concentrate its investments in a particular industry or group of industries to the extent that the High Yield Index concentrates in an industry or group of industries. As of April 30, 2025, each of the industrial development and healthcare sectors represented a significant portion of the Fund.

Data for HYD is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.