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VanEck Short High Yield Muni ETF SHYD

Morningstar Medalist Rating
Medalist Rating as of | See VanEck Investment Hub

Morningstar’s Analysis SHYD

Will SHYD outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SHYD’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SHYD management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of SHYD’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit VanEck Short High Yield Muni ETF to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings SHYD

More SHYD Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CALIFORNIA MUN FIN AUTH SPL FAC REV 4%

2.08 6.6 Mil
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 5%

1.44 4.6 Mil
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 4%

1.38 4.4 Mil
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 5%

1.31 4.2 Mil
municipal

PUERTO RICO COMWLTH 4%

1.26 4.0 Mil
municipal

PUERTO RICO COMWLTH 5.375%

1.15 3.7 Mil
municipal

PUERTO RICO COMWLTH 5.625%

1.03 3.3 Mil
municipal

MISSION TEX ECONOMIC DEV CORP REV 4.625%

1.00 3.2 Mil
municipal

PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5%

1.00 3.2 Mil
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25%

0.99 3.2 Mil
municipal