ATLASVanEck High Yield Muni ETF (HYD): outlook, holdings and fees
VanEck High Yield Muni ETF (HYD) is an exchange-traded fund and is managed by VanEck. The expense ratio is 0.33% and the yield is 4.78%. The ten largest holdings are 8% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on HYD
| Last price | $49.40 (-0.5%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 63% |
| Likely 1-month range (50%) | $49.12 – $50.25 |
| Normal 1-day range (±1σ) | ±0.4% |
| Distribution yield | 4.78% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
HYD fund facts
| Issuer | VanEck |
|---|---|
| Theme | Municipal bonds |
| Assets under management | $4.1B |
| Expense ratio | 0.33% |
| Number of holdings | 10 |
| Portfolio turnover | 11% |
| Inception | Feb 4, 2009 |
| Exchange | CBOE |
The fund normally invests at least 80% of its total assets in securities that comprise the benchmark index. The index is comprised of publicly traded municipal bonds that cover the U.S. dollar denominated high yield long-term tax-exempt bond market.
HYD top holdings
| Holding | Sector | Weight |
|---|---|---|
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | – | 2.42% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | – | 0.86% |
| FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 6.5% | – | 0.77% |
| FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 7.375% | – | 0.70% |
| FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 7.38% | – | 0.71% |
| NEW YORK LIBERTY DEV CORP LIBERTY REV 5% | – | 0.65% |
| CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REV 5% | – | 0.61% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75% | – | 0.61% |
| METROPOLITAN PIER & EXPOSITION AUTH ILL REV 4% | – | 0.48% |
| FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 6.38% | – | 0.48% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
HYD returns and risk
| Year to date | -2.9% |
|---|---|
| 1 year | -1.0% |
| 3 years (annualised) | +3.8% |
| 5 years (annualised) | -1.0% |
| 10 years (annualised) | +1.2% |
| Volatility (3 years) | 6.5% |
| Sharpe ratio (3 years) | -0.11 |
Past returns do not guarantee future results.
HYD: frequently asked questions
What does HYD invest in?
VanEck High Yield Muni ETF invests in a portfolio of securities. Its largest holdings are BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% (2.4%), PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% (0.9%), FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 6.5% (0.8%), FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 7.375% (0.7%), FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 7.38% (0.7%).
What is the HYD expense ratio?
0.33% a year: about $33.00 for every $10,000 invested.
What is the HYD dividend yield?
4.78%. ATLAS does not hold the exact distribution dates for ETFs.
Will HYD go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 63%, with a likely range (50%) of $49.12 to $50.25 from $49.40 today. It is a probability, not a prediction.
How has HYD performed?
Year to date -2.9%, one year -1.0%, three years +3.8% a year, five years -1.0% a year. Past returns do not guarantee future results.
Similar ETFs: Municipal bonds
- State Street Communication Services Select Sector SPDR ETF (XLC)
- Invesco National AMT-Free Municipal Bond ETF (PZA)
- State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB)
- State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM)
- PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI)
- State Street SPDR Nuveen ICE Municipal Bond ETF (TFI)
- Franklin Dynamic Municipal Bond ETF (FLMI)
- VanEck Intermediate Muni ETF (ITM)
Educational information, not investment advice. Disclaimer