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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 lowest 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 0
  • Bond Holdings 1476
  • Other Holdings 2
  • % Assets in Top 10 Holdings 7.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%

1.20
35,510,075
municipal

Us Dollar

1.03
30,580,487
Cash and Equivalents

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

0.93
27,531,162
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 4.375%

0.89
26,223,479
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329%

0.84
24,777,711
municipal

CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5.5%

0.68
20,224,497
municipal

TOBACCO SETTLEMENT FING CORP N J 5%

0.62
18,399,457
municipal

CALIFORNIA MUN FIN AUTH SPL FAC REV 4%

0.62
18,397,770
municipal

CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5%

0.58
17,065,321
municipal

CHICAGO ILL BRD ED 5%

0.57
16,987,490
municipal