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VanEck High Yield Muni ETF HYD

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

Morningstar’s Analysis HYD

Will HYD 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 HYD’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HYD 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 HYD’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 High Yield Muni ETF to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a 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 HYD

More HYD Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 8.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%

1.27 36.7 Mil
municipal

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

1.00 28.7 Mil
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329%

0.89 25.7 Mil
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75%

0.88 25.3 Mil
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 0.01%

0.80 23.1 Mil
municipal

INLAND EMPIRE TOBACCO SECURIZATION AUTH CALIF TOB 0.01%

0.74 21.3 Mil
municipal

ARKANSAS ST DEV FIN AUTH ENVIRONMENTAL IMPT REV 5.45%

0.69 20.0 Mil
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 4.375%

0.68 19.5 Mil
municipal

CALIFORNIA MUN FIN AUTH SPL FAC REV 4%

0.66 18.9 Mil
municipal

TOBACCO SETTLEMENT FING CORP N J 5%

0.65 18.7 Mil
municipal