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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.

VanEck Short High Yield Muni ETF's Average Process Pillar and People Pillar ratings result in 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 SHYD

More SHYD Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 537
  • Other Holdings 3
  • % Assets in Top 10 Holdings 10.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CALIFORNIA MUN FIN AUTH SPL FAC REV 4%

1.77
6,441,408
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 5%

1.23
4,486,576
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 4%

1.17
4,280,391
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 5%

1.14
4,149,221
municipal

LOUISIANA LOC GOVT ENVIRONMENTAL FACS & CMNTY DEV AUTH REV 3.5%

1.10
4,018,620
municipal

PUERTO RICO COMWLTH 5.375%

1.01
3,686,950
municipal

PUERTO RICO COMWLTH 5.625%

0.86
3,123,094
municipal

MISSION TEX ECONOMIC DEV CORP REV 4.625%

0.85
3,094,874
municipal

PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5%

0.84
3,056,639
municipal

HOUSTON TEX ARPT SYS REV 5%

0.82
2,984,945
municipal