(HYD) High Yield Muni - BATS
ETF Category: High Yield Muni | Exchange: BATS (USA) | Market Cap: 4.445m USD | Total Return: 7% in 12m
Avg Turnover: 34.7M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality
VanEck High Yield Muni ETF (HYD) is a passively managed fund that tracks a benchmark index of U.S. dollar-denominated, long-term, high yield tax-exempt municipal bonds. The fund commits at least 80% of its total assets to the securities included in that index, with the remainder potentially held in cash or other instruments.
Municipal bonds are debt securities issued by U.S. state and local governments, along with their agencies and authorities, typically to finance public infrastructure projects such as schools, hospitals, highways, and water systems. The high yield segment of this market consists of lower-rated municipal bonds that offer higher coupon rates in exchange for greater credit risk, while the tax-exempt classification means that interest income is generally exempt from federal income tax, and sometimes from state and local taxes as well for investors residing in the issuing state.
- Fed rate cuts lift high-yield muni bond prices
- State budget shortfalls raise default risk in munis
- Federal tax reform threatens municipal bond exemption status
As of June 29, 2026, the stock is trading at USD 51.47 with a total of 802,195 shares traded. Over the past week, the price has changed by -0.04%, over one month by +0.66%, over three months by +4.09% and over the past year by +7.03%.
Current recommended Stop Loss: 51.00 (which is 0.9% or 2.5 ATR below the current price).
High Yield Muni has no consensus analysts rating.