VanEck High Yield Muni ETF
HYD
Market cap $3.3B

49.66 USD

-0.24

0.48%

At close Jul 11, 4:00 PM EDT

1 day

-0.48%

5 days

-0.94%

1 month

0.16%

3 months

0.81%

6 months

-3.33%

Year to date

-4.15%

1 year

-4.83%

5 years

-15.84%

10 years

-17.54%

0

Funds holding %

of 7,312 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

30% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 33

13% more capital invested

Capital invested by funds: $2.15B [Q4 2024] → $2.42B (+$271M) [Q1 2025]

1.46% more ownership

Funds ownership: 68.74% [Q4 2024] → 70.19% (+1.46%) [Q1 2025]

1% more funds holding

Funds holding: 334 [Q4 2024] → 338 (+4) [Q1 2025]

2% more repeat investments, than reductions

Existing positions increased: 122 | Existing positions reduced: 120

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]

50% less call options, than puts

Call options by funds: $4.93M | Put options by funds: $9.86M

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Research analyst outlook

We haven’t received any recent analyst ratings for HYD.

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Financial journalist opinion

HYD: This High-Yield ETF Is A Strong Buy

VanEck High Yield Muni ETF offers attractive, tax-free income, strong yield, liquidity, and broad diversification, making it compelling for taxable portfolios. HYD's current 4.67% SEC yield translates to a much higher tax-equivalent yield, especially for high earners, with lower default risk than high-yield corporates. Potential Fed rate cuts could boost HYD's price, offering both income and capital gains; the current price is below historical highs, adding upside potential.

HYD: This High-Yield ETF Is A Strong Buy

Build a Complete Bond Portfolio With These 4 ETFs

Though the S&P 500 has recently returned to positive territory in terms of year-to-date (YTD) performance, turbulence throughout 2025 so far may have pushed skittish investors away from stocks and toward bonds.

Build a Complete Bond Portfolio With These 4 ETFs

Corporate vs. Municipal Bonds: Key Differences Every Investor Should Know

Compare corporate and municipal bonds, including risks, returns, and tax benefits. Learn which bond type fits your investment goals.

Corporate vs. Municipal Bonds: Key Differences Every Investor Should Know

Bond ETF HYD Could Be a 2025 Winner

Municipal bonds aren't the most exciting segment of the fixed income market. However, they are increasingly gaining positive calls heading into 2025.

Bond ETF HYD Could Be a 2025 Winner

The Motley Fool

4 High-Yield Dividend ETFs to Buy to Generate Passive Income

These four income-generating ETFs will attract more investors as interest rates decline.

4 High-Yield Dividend ETFs to Buy to Generate Passive Income

Millennial Investor? Don't Ignore the Power of Fixed Income ETFs

Getting started building a portfolio, or just looking to fine-tune your allocation? With the millennial generation between their late 20s and early 40s, they're in the prime age group to start taking investing more seriously.

Millennial Investor? Don't Ignore the Power of Fixed Income ETFs

HYD: Munis Have Momentum And Tailwinds To Keep It Going (Rating Upgrade)

Munis often rise in the months following Fed rate cuts, suggesting there is still time to get in on this play. The fund's California exposure bothers me less given how strong equity returns have been. This means personal income tax revenues in the state will rise next year. High yield munis default less than comparable corporates, supporting positions in this fund.

HYD: Munis Have Momentum And Tailwinds To Keep It Going (Rating Upgrade)

HYD: Great Tax Equivalent Yield

VanEck High Yield Muni ETF offers high-yield, tax-free income by focusing on municipal bonds, making it attractive for investors in higher tax brackets. The HYD ETF's diversified portfolio includes 1,475 holdings and a 30-day SEC yield of 4.2%, with a taxable equivalent yield of 6.73% for top tax brackets. The fund's broad sector and geographic allocation, with a significant portion in California, adds stability but also focuses risk on specific states.

HYD: Great Tax Equivalent Yield

Some Green Shoots for Muni Bonds

With the help of a brief flight-to-safety trade and hopes that the Federal Reserve will soon cut interest rates, perhaps by more than expected, bonds have gotten a lift. And muni bonds are participating in that upside.

Some Green Shoots for Muni Bonds

HYD: Strong Muni Bond ETF, Tax-Advantaged 4.3% Yield

VanEck High Yield Muni ETF is a simple muni bond index ETF. It offers investors a tax-advantaged 4.3% yield. Said yield is higher than average for a muni bond ETF. After-tax yields seem higher than average, too, depending on the specific tax rate.

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