HYD

Fund Description
The VanEck Vectors High-Yield Municipal Index ETF (HYD) seeks to replicate as closely as possible before fees and expenses the price and yield performance of the Barclays Capital Municipal Custom High Yield Composite Index. HYD is the nation s first ETF to focus on high-yield munis and tracks an index that has a 25% weighting in investment-grade triple-B bonds and 75% weighting in non-investment grade bonds. In addition 75% of the index is in bonds issued as part of transactions of at least $100 million in size.
Fund Profile
Fund Name VanEck Vectors High Yield Municipal Index ETF
Fund Exchange Ticker HYD
Fund Sponsor Van Eck Associates Corporation
Fund ISIN US92189H4092
Net Expense Ratio 0.35 %
Fund Inception Date 4 February 2009
Fund Legal Structure ETF (Open end fund)
Exchange BATS
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Municipal
Asset Class Bonds
Index Linked Passive
Index Name Barclays Capital Municipal Custom High Yield Composite Index
Index Provider Bloomberg
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Municipal
Credit Quality High Yield
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination USD
Key Statistics
Return As of Date 21 March 2019
Asset Under Management 2533.08 Million (USD)
1 Month Total Return 1.47 %
Year To Date Return 2.77 %
1 Year Total Return 5.63 %
3 Year Annualized Total Return 4.38 %
NAV 62.32
Share Outstanding 40,646,400
Top 10 Holdings (22 March 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
New York Liberty Development Corp BOND 0.009914
PUBLIC FIN AUTH WI LI BOND 0.008169
Buckeye Tobacco Settlement Financing Au BOND 0.006762
Buckeye Tobacco Settlement Financing Au BOND 0.006605
Chicago Board Of Education BOND 0.006547
Buckeye Tobacco Settlement Financing Au BOND 0.006445
Buckeye Tobacco Settlement Financing Au BOND 0.006157
Chicago Board Of Education BOND 0.005926
Golden State Tobacco Securitization Cor BOND 0.005871
Puerto Rico Sales Tax Financing Corp Sa BOND 0.005063