ETF profile for Vaneck High Yield Muni ETF (HYD) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
HYD ETF Profile
| Family: |
Van Eck Associates Corporation |
| Name: |
VanEck High Yield Muni ETF |
|
|
| Inception Date: |
4-Feb-2009 |
| Termination Date: |
|
| Investment Objective: |
VanEck High Yield Muni ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ICE Broad High Yield Crossover Municipal Index (the "High Yield Index"). 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. 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. |
|
|
| Prospectus |
|
|
|
| Top 10 Holdings |
|
|
|
Top 10 Holdings Weight: |
|
| Number of Holdings: |
|
| Shares Outstanding: |
91,246,407 |
| Total Net Assets: |
|
| NAV: |
48.82 |
| Net Expense Ratio: |
0.32% |
|
|
| Asset Class: |
Bonds |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
|
| Strategy: |
|
| Currency: |
|
| Commodity: |
|
| Sector: |
|
| Industry: |
|
| Dividend Type: |
|
| Tax Exempt State: |
Municipal - National |
| Maturity Duration: |
Fund Holds All Maturity Ranges |
| Market Cap: |
|
| Credit Quality: |
High Yield |
| Mortgage Bond Types: |
|
| Bond Type: |
Municipal |
| Gov't Bond Types: |
|
| Reit Type: |
|
| Leverage Direction/Factor: |
|
| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
