VanEck Short High Yield Muni ETF holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.
VanEck Short High Yield Muni ETF SHYD
Morningstar’s Analysis SHYD
Will SHYD outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
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.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 9.9
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Us Dollar | 3.94 | 17M | Cash and Equivalents |
CALIFORNIA MUN FIN AUTH SPL FAC REV 4% | 1.55 | 7M | municipal |
PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 5.25% | 1.24 | 5M | municipal |
PUERTO RICO COMWLTH 5.75% | 1.00 | 4M | municipal |
PUERTO RICO COMWLTH 4% | 0.93 | 4M | municipal |
GREATER ORLANDO AVIATION AUTH ORLANDO FLA SPL PURP ARPT FACS REV 5.5% | 0.92 | 4M | municipal |
DENVER COLO CITY & CNTY SPL FACS ARPT REV 5% | 0.91 | 4M | municipal |
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5% | 0.86 | 4M | municipal |
CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 12% | 0.86 | 4M | municipal |
BALDWIN CNTY ALA INDL DEV AUTH SOLID WASTE DISP REV 5% | 0.83 | 4M | municipal |
United States