The VanEck High Yield Muni ETF (HYD) is a specialized financial instrument designed for investors seeking exposure to the high yield segment of the municipal bond market. This ETF falls under the Government, Local Authority/Municipal category, with a distinct focus on high yield opportunities, offering a unique blend of income potential and diversification. HYD is meticulously structured to capture yields from municipal bonds that may not meet the credit quality of investment-grade bonds but offer higher income potential as compensation for increased credit risk.
The fund is tailored for those with an appetite for enhanced returns within the municipal bond space, investing across a broad range of maturities to effectively manage interest rate risk and maximize yield opportunities. By focusing on high yield municipal bonds, HYD provides a strategic avenue for investors aiming to benefit from the tax-exempt status of municipal bond distributions, while embracing the dynamics of higher yield credit profiles. This ETF is an attractive option for those looking to complement their fixed-income portfolio with the added advantage of investing in projects that often support local infrastructure and community development.
VanEck High Yield Muni ETF (HYD) Fund Flow Chart
VanEck High Yield Muni ETF (HYD) 1 year Net Flows: $314M
HYD ETF FAQ
What was HYD’s price range in the past 12 months?
HYD lowest ETF price was $50.78 and its highest was $53.10 in the past 12 months.