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High-Yield Municipal Index ETF HYD

  • Full Name: Market Vectors®
    High-Yield Municipal Index ETF (HYD®)

    Management Style: Sampling

    Underlying Index: The Barclays Municipal Custom High Yield Composite Index (LMEHTR)

    Index Provider: Barclays

    Index Description: LMEHTR is calculated using a market value weighting methodology and it tracks the high-yield municipal bond market with a 75% weight in non-investment grade municipal bonds and a 25% weight in Baa/BBB-rated investment grade municipal bonds for liquidity and balance.

  •  
      

    • Fund Ticker

      HYD
    • Exchange

      NYSE Arca
    • Commencement

      02/04/2009
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      LMEHTR
    • Index Rebalancing

      Monthly
    • Preliminary NAIC
      Designation7

      4
  •  
    as of 07/11/14

    • 30-Day SEC Yield1

      5.12%
    • Total Net Assets

      $1.1B
    • Number of Holdings

      587
    • Options

      Available
    • Gross Expense Ratio2

      0.35%
    • Net Expense Ratio/TER2

      0.35%
    • Distribution Frequency

      Monthly
    • Next Distribution Date

      07/31/2014

    1, 2, 7 See Important Disclosure

  • View All Indices » View All ETFs » Performance History: Average Annual Total Returns* (%)

    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    02/04/09
    HYD (NAV) -0.53 3.77 9.51 4.15 6.92 8.45 -- 9.53
    HYD (Share Price) -0.82 3.36 10.08 4.79 6.83 7.91 -- 9.46
    LMEHTR (Index) -0.29 3.96 10.24 5.63 7.89 9.81 -- 10.91
    Performance Differential (NAV - Index) -0.24 -0.19 -0.73 -1.48 -0.97 -1.36 -- -1.38
    After Tax Held -- -- -- 4.06 -- 8.38 -- 9.47
    After Tax Sold -- -- -- 4.83 -- 7.96 -- 8.88
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    02/04/09
    HYD (NAV) -0.53 3.77 9.51 4.15 6.92 8.45 -- 9.53
    HYD (Share Price) -0.82 3.36 10.08 4.79 6.83 7.91 -- 9.46
    LMEHTR (Index) -0.29 3.96 10.24 5.63 7.89 9.81 -- 10.91
    Performance Differential (NAV - Index) -0.24 -0.19 -0.73 -1.48 -0.97 -1.36 -- -1.38
    After Tax Held -- -- -- 4.06 -- 8.38 -- 9.47
    After Tax Sold -- -- -- 4.83 -- 7.96 -- 8.88
  • Distribution History

    Anticipated Frequency: Monthly Dividend Income & Annual Capital Gains
    Ex-Date Record
    Date
    Payable Date Dividend
    Income
    Short-Term
    Capital Gains
    Long-Term
    Capital Gains
    Return of Capital Total Distributions
    07/01/2014 07/03/2014 07/08/2014 $0.1270 None None None $0.1270
    06/02/2014 06/04/2014 06/06/2014 $0.1202 None None None $0.1202
    05/01/2014 05/05/2014 05/07/2014 $0.1222 None None None $0.1222
    04/01/2014 04/03/2014 04/07/2014 $0.1350 None None None $0.1350
    03/03/2014 03/05/2014 03/07/2014 $0.1507 None None None $0.1507
    02/03/2014 02/05/2014 02/07/2014 $0.1391 None None None $0.1391
    12/27/2013 12/31/2013 01/03/2014 $0.1425 None $0.0994 None $0.2419
    12/02/2013 12/04/2013 12/06/2013 $0.1340 None None None $0.1340
    11/01/2013 11/05/2013 11/07/2013 $0.1438 None None None $0.1438
    10/01/2013 10/03/2013 10/07/2013 $0.1363 None None None $0.1363
    09/03/2013 09/05/2013 09/09/2013 $0.1517 None None None $0.1517
    08/01/2013 08/05/2013 08/07/2013 $0.1482 None None None $0.1482
    07/01/2013 07/03/2013 07/08/2013 $0.1526 None None None $0.1526
    06/03/2013 06/05/2013 06/07/2013 $0.1388 None None None $0.1388
    05/01/2013 05/03/2013 05/07/2013 $0.1283 None None None $0.1283
    04/01/2013 04/03/2013 04/05/2013 $0.1475 None None None $0.1475
    03/01/2013 03/05/2013 03/07/2013 $0.1270 None None None $0.1270
    02/01/2013 02/05/2013 02/07/2013 $0.1413 None None None $0.1413
    12/27/2012 12/31/2012 01/03/2013 $0.1450 None None None $0.1450
    12/03/2012 12/05/2012 12/07/2012 $0.1245 None None None $0.1245
    11/01/2012 11/05/2012 11/07/2012 $0.1360 None None None $0.1360
    10/01/2012 10/03/2012 10/05/2012 $0.1386 None None None $0.1386
    09/04/2012 09/07/2012 09/10/2012 $0.1384 None None None $0.1384
    08/01/2012 08/03/2012 08/07/2012 $0.1319 None None None $0.1319
    07/02/2012 07/05/2012 07/09/2012 $0.1350 None None None $0.1350
    06/01/2012 06/05/2012 06/07/2012 $0.1392 None None None $0.1392
    05/01/2012 05/03/2012 05/07/2012 $0.1345 None None None $0.1345
    04/02/2012 04/04/2012 04/09/2012 $0.1555 None None None $0.1555
    03/01/2012 03/05/2012 03/07/2012 $0.1305 None None None $0.1305
    02/01/2012 02/03/2012 02/07/2012 $0.1315 None None None $0.1315
    12/28/2011 12/30/2011 01/04/2012 $0.1300 None None None $0.1300
    12/01/2011 12/05/2011 12/07/2011 $0.1342 None None None $0.1342
    11/01/2011 11/03/2011 11/07/2011 $0.1400 None None None $0.1400
    10/03/2011 10/05/2011 10/07/2011 $0.1440 None None None $0.1440
    09/01/2011 09/06/2011 09/08/2011 $0.1490 None None None $0.1490
    08/01/2011 08/03/2011 08/05/2011 $0.1426 None None None $0.1426
    07/01/2011 07/06/2011 07/08/2011 $0.1400 None None None $0.1400
    06/01/2011 06/03/2011 06/07/2011 $0.1500 None None None $0.1500
    05/02/2011 05/04/2011 05/06/2011 $0.1430 None None None $0.1430
    04/01/2011 04/05/2011 04/07/2011 $0.1450 None None None $0.1450
    03/01/2011 03/03/2011 03/07/2011 $0.1800 None None None $0.1800
    02/01/2011 02/03/2011 02/07/2011 $0.1480 None None None $0.1480
    12/29/2010 12/31/2010 01/05/2011 $0.1450 $0.1820 $0.0380 None $0.3650
    12/01/2010 12/03/2010 12/07/2010 $0.1530 None None None $0.1530
    11/01/2010 11/03/2010 11/05/2010 $0.1400 None None None $0.1400
    10/01/2010 10/05/2010 10/07/2010 $0.1460 None None None $0.1460
    09/01/2010 09/03/2010 09/08/2010 $0.1460 None None None $0.1460
    08/02/2010 08/04/2010 08/06/2010 $0.1400 None None None $0.1400
    07/01/2010 07/06/2010 07/08/2010 $0.1320 None None None $0.1320
    06/01/2010 06/03/2010 06/07/2010 $0.1490 None None None $0.1490
    05/03/2010 05/05/2010 05/07/2010 $0.1620 None None None $0.1620
    04/01/2010 04/06/2010 04/08/2010 $0.1470 None None None $0.1470
    03/01/2010 03/03/2010 03/05/2010 $0.1410 None None None $0.1410
    02/01/2010 02/03/2010 02/05/2010 $0.1550 None None None $0.1550
    12/29/2009 12/31/2009 01/05/2010 $0.1610 None None None $0.1610
    12/01/2009 12/03/2009 12/07/2009 $0.1390 None None None $0.1390
    11/02/2009 11/04/2009 11/06/2009 $0.1550 None None None $0.1550
    10/01/2009 10/05/2009 10/07/2009 $0.1540 None None None $0.1540
    09/01/2009 09/03/2009 09/08/2009 $0.1600 None None None $0.1600
    08/03/2009 08/05/2009 08/07/2009 $0.1600 None None None $0.1600
    07/01/2009 07/06/2009 07/08/2009 $0.1550 None None None $0.1550
    06/01/2009 06/03/2009 06/05/2009 $0.1620 None None None $0.1620
    05/01/2009 05/05/2009 05/07/2009 $0.1600 None None None $0.1600
    04/01/2009 04/03/2009 04/07/2009 $0.1540 None None None $0.1540
    03/02/2009 03/04/2009 03/06/2009 $0.1750 None None None $0.1750

    All registered investment companies, including Van Eck Associates Corporation, are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading Market Vectors ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid. To receive a distribution, you must have been a registered shareholder of the relevant Market Vectors ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distribution are not indicative of future distributions.

    Go here for Additional Distributions Details and Supplemental Tax Information, including PDF downloads.

  • Growth of Hypothetical $10,000 Investment as of 06/30/2014

    3 Months
     TO 
  • Calendar Year Returns (%) as of 12/31/2013

  • NAV History
    as of 06/30/14

  • Best & Worst
    Quarter Returns (%)
    as of 06/30/14

    • Best Quarter

      3Q'09+15.85%
    • Worst Quarter

      4Q'10-5.94%
    Best & Worst Quarter Returns are based on NAV, reflect the period since the Fund's inception, and are updated quarterly.