Key stats
About VanEck Short High Yield Muni ETF
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Inception date
Jan 13, 2014
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
ISIN
US92189F3872
SHYD is passively managed to hold high-yield, tax-exempt municipal bonds with 1-12 years left to maturity. In the corporate debt space, these would be considered intermediate debt, so investors should be aware that this fund defines short-term somewhat differently from its peers. The underlying index aims to provide a more liquid portfolio of muni bonds by targeting a weight allocation of 70% in high-yield, 20% in BBB- rated, and 10% in A- rated securities. The index weights its components by market value and rebalances monthly. The fund uses a sampling method in tracking the index, which means it will invest in a sample of securities that collectively have an investment profile similar to that of the underlying index. Prior to March 1, 2022, the fund tracked the Bloomberg Municipal High Yield Short Duration Index. Then until November 30, 2022, the fund used a transition index to gradually broaden its exposure before tracking its current index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal97.75%
Cash1.15%
Securitized1.10%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SHYD invests in bonds. The fund's major sectors are Municipal, with 97.75% stocks, and Securitized, with 1.10% of the basket. The assets are mostly located in the N/A region.
SHYD last dividends amounted to 0.07 USD. The month before, the issuer paid 0.06 USD in dividends, which shows a 9.86% increase.
SHYD assets under management is 346.03 M USD. It's risen 4.34% over the last month.
SHYD fund flows account for 26.97 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, SHYD pays dividends to its holders with the dividend yield of 3.39%. The last dividend (Aug 6, 2025) amounted to 0.07 USD. The dividends are paid monthly.
SHYD shares are issued by Van Eck Associates Corp. under the brand VanEck. The ETF was launched on Jan 13, 2014, and its management style is Passive.
SHYD expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
SHYD follows the ICE 1-12 Year Broad High Yield Crossover Municipal. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SHYD invests in bonds.
SHYD price has risen by 0.71% over the last month, and its yearly performance shows a 0.89% increase. See more dynamics on SHYD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.10% over the last month, showed a 1.96% increase in three-month performance and has increased by 3.82% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.10% over the last month, showed a 1.96% increase in three-month performance and has increased by 3.82% in a year.
SHYD trades at a premium (0.24%) meaning the ETF is trading at a higher price than the calculated NAV.