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HYD
VanEck Vectors High-Yield Municipal Index ETF

Fund Description

The VanEck Vectors® High-Yield Municipal Index ETF (HYD®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Bloomberg Barclays Municipal Custom High Yield Composite Index (LMEHTR), which is intended to track the overall performance of the U.S. dollar denominated high yield long-term tax-exempt bond market. HYD is expected to pay monthly dividends. 

 
 

  • Fund Ticker

    HYD
  • Exchange

    Cboe
  • Commencement

    02/04/2009
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    Bank of New York Mellon
  • Index Ticker

    LMEHTR
  • Index Rebalancing

    Monthly
  • 2019 Preliminary NAIC
    Designation7

    4

 
as of 06/26/19

  • 30-Day SEC Yield1

    3.58%
  • Total Net Assets

    $2.8B
  • Number of Holdings

    1967
  • Options

    Available
  • Gross Expense Ratio2

    0.35%
  • Net Expense Ratio/TER2

    0.35%
  • Distribution Frequency

    Monthly
  • Next Distribution Date

    06/28/2019

1, 2, 7 See Important Disclosure

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) 1.72 4.27 5.82 5.60 4.44 5.47 6.88 7.68
HYD (Share Price) 1.56 4.15 6.07 5.49 4.36 5.46 6.60 7.67
LMEHTR (Index) 1.75 4.68 6.02 7.70 5.83 6.75 8.20 8.99
Performance Differential (NAV - Index) -0.03 -0.41 -0.20 -2.10 -1.39 -1.28 -1.32 -1.31
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
02/04/09
HYD (NAV) 2.13 3.65 3.65 5.47 4.44 5.92 7.57 7.59
HYD (Share Price) 2.08 3.96 3.96 5.77 4.47 5.90 7.29 7.58
LMEHTR (Index) 2.36 3.67 3.67 7.70 5.77 7.16 9.03 8.90
Performance Differential (NAV - Index) -0.23 -0.02 -0.02 -2.23 -1.33 -1.24 -1.46 -1.31

Performance History:Cumulative Total Return (%) Annual End as of 12/31/18

1 YR 3 YR 5 YR 10 YR LIFE
02/04/09
HYD (NAV) 2.10 13.25 35.75 -- 102.71
HYD (Share Price) 2.15 12.55 36.48 -- 102.03
LMEHTR (Index) 4.17 17.56 44.53 146.41 129.27
Performance Differential (NAV - Index) -2.07 -4.31 -8.78 -- -26.56

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
06/03/2019 06/04/2019 06/07/2019 $0.2262 -- -- -- $0.2262
05/01/2019 05/02/2019 05/07/2019 $0.2179 -- -- -- $0.2179
04/01/2019 04/02/2019 04/05/2019 $0.2200 -- -- -- $0.2200
03/01/2019 03/04/2019 03/07/2019 $0.2005 -- -- -- $0.2005
02/01/2019 02/04/2019 02/07/2019 $0.2225 -- -- -- $0.2225
12/27/2018 12/28/2018 01/03/2019 $0.2453 -- -- -- $0.2453
12/03/2018 12/04/2018 12/07/2018 $0.2141 -- -- -- $0.2141
11/01/2018 11/02/2018 11/07/2018 $0.2447 -- -- -- $0.2447
10/01/2018 10/02/2018 10/05/2018 $0.2188 -- -- -- $0.2188
09/04/2018 09/05/2018 09/10/2018 $0.2238 -- -- -- $0.2238
08/01/2018 08/02/2018 08/07/2018 $0.2330 -- -- -- $0.2330
07/02/2018 07/03/2018 07/09/2018 $0.2082 -- -- -- $0.2082
06/01/2018 06/04/2018 06/07/2018 $0.2174 -- -- -- $0.2174
05/01/2018 05/02/2018 05/07/2018 $0.2292 -- -- -- $0.2292
04/02/2018 04/03/2018 04/06/2018 $0.2346 -- -- -- $0.2346
03/01/2018 03/02/2018 03/07/2018 $0.2140 -- -- -- $0.2140
02/01/2018 02/02/2018 02/07/2018 $0.2236 -- -- -- $0.2236
12/27/2017 12/28/2017 01/03/2018 $0.2292 -- -- -- $0.2292
12/01/2017 12/04/2017 12/07/2017 $0.2204 -- -- -- $0.2204
11/01/2017 11/02/2017 11/07/2017 $0.2254 -- -- -- $0.2254
10/02/2017 10/03/2017 10/06/2017 $0.2418 -- -- -- $0.2418
09/01/2017 09/06/2017 09/08/2017 $0.2172 -- -- -- $0.2172
08/01/2017 08/03/2017 08/07/2017 $0.2022 -- -- -- $0.2022
07/03/2017 07/06/2017 07/10/2017 $0.2242 -- -- -- $0.2242
06/01/2017 06/05/2017 06/07/2017 $0.2294 -- -- -- $0.2294
05/01/2017 05/03/2017 05/05/2017 $0.2164 -- -- -- $0.2164
04/03/2017 04/05/2017 04/07/2017 $0.2296 -- -- -- $0.2296
03/01/2017 03/03/2017 03/07/2017 $0.2080 -- -- -- $0.2080
02/01/2017 02/03/2017 02/07/2017 $0.2330 -- -- -- $0.2330
12/28/2016 12/30/2016 01/04/2017 $0.2590 -- -- -- $0.2590
12/01/2016 12/05/2016 12/07/2016 $0.2424 -- -- -- $0.2424
11/01/2016 11/03/2016 11/07/2016 $0.2222 -- -- -- $0.2222
10/03/2016 10/05/2016 10/07/2016 $0.2192 -- -- -- $0.2192
09/01/2016 09/06/2016 09/08/2016 $0.2150 -- -- -- $0.2150
08/01/2016 08/03/2016 08/05/2016 $0.2084 -- -- -- $0.2084
07/01/2016 07/06/2016 07/08/2016 $0.2054 -- -- -- $0.2054
06/01/2016 06/03/2016 06/07/2016 $0.2298 -- -- -- $0.2298
05/02/2016 05/04/2016 05/06/2016 $0.2300 -- -- -- $0.2300
04/01/2016 04/05/2016 04/07/2016 $0.2296 -- -- -- $0.2296
03/01/2016 03/03/2016 03/07/2016 $0.2236 -- -- -- $0.2236
02/01/2016 02/03/2016 02/05/2016 $0.2314 -- -- -- $0.2314
12/29/2015 12/31/2015 01/05/2016 $0.2316 -- -- -- $0.2316
12/01/2015 12/03/2015 12/07/2015 $0.2412 -- -- -- $0.2412
11/02/2015 11/04/2015 11/06/2015 $0.2394 -- -- -- $0.2394
10/01/2015 10/05/2015 10/07/2015 $0.2474 -- -- -- $0.2474
09/01/2015 09/03/2015 09/08/2015 $0.2508 -- -- -- $0.2508
08/03/2015 08/05/2015 08/07/2015 $0.2570 -- -- -- $0.2570
07/01/2015 07/06/2015 07/08/2015 $0.2452 -- -- -- $0.2452
06/01/2015 06/03/2015 06/05/2015 $0.2496 -- -- -- $0.2496
05/01/2015 05/05/2015 05/07/2015 $0.2380 -- -- -- $0.2380
04/01/2015 04/06/2015 04/08/2015 $0.2694 -- -- -- $0.2694
03/02/2015 03/04/2015 03/06/2015 $0.2510 -- -- -- $0.2510
02/02/2015 02/04/2015 02/06/2015 $0.2564 -- -- -- $0.2564
12/29/2014 12/31/2014 01/05/2015 $0.2700 -- -- -- $0.2700
12/01/2014 12/03/2014 12/05/2014 $0.2218 -- -- -- $0.2218
11/03/2014 11/05/2014 11/07/2014 $0.2400 -- -- -- $0.2400
10/01/2014 10/03/2014 10/07/2014 $0.2400 -- -- -- $0.2400
09/02/2014 09/04/2014 09/08/2014 $0.2530 -- -- -- $0.2530
08/01/2014 08/05/2014 08/07/2014 $0.2584 -- -- -- $0.2584
07/01/2014 07/03/2014 07/08/2014 $0.2540 -- -- -- $0.2540
06/02/2014 06/04/2014 06/06/2014 $0.2404 -- -- -- $0.2404
05/01/2014 05/05/2014 05/07/2014 $0.2444 -- -- -- $0.2444
04/01/2014 04/03/2014 04/07/2014 $0.2700 -- -- -- $0.2700
03/03/2014 03/05/2014 03/07/2014 $0.3014 -- -- -- $0.3014
02/03/2014 02/05/2014 02/07/2014 $0.2782 -- -- -- $0.2782
12/27/2013 12/31/2013 01/03/2014 $0.2850 -- $0.1988 -- $0.4838
12/02/2013 12/04/2013 12/06/2013 $0.2680 -- -- -- $0.2680
11/01/2013 11/05/2013 11/07/2013 $0.2876 -- -- -- $0.2876
10/01/2013 10/03/2013 10/07/2013 $0.2726 -- -- -- $0.2726
09/03/2013 09/05/2013 09/09/2013 $0.3034 -- -- -- $0.3034
08/01/2013 08/05/2013 08/07/2013 $0.2964 -- -- -- $0.2964
07/01/2013 07/03/2013 07/08/2013 $0.3052 -- -- -- $0.3052
06/03/2013 06/05/2013 06/07/2013 $0.2776 -- -- -- $0.2776
05/01/2013 05/03/2013 05/07/2013 $0.2566 -- -- -- $0.2566
04/01/2013 04/03/2013 04/05/2013 $0.2950 -- -- -- $0.2950
03/01/2013 03/05/2013 03/07/2013 $0.2540 -- -- -- $0.2540
02/01/2013 02/05/2013 02/07/2013 $0.2826 -- -- -- $0.2826
12/27/2012 12/31/2012 01/03/2013 $0.2900 -- -- -- $0.2900
12/03/2012 12/05/2012 12/07/2012 $0.2490 -- -- -- $0.2490
11/01/2012 11/05/2012 11/07/2012 $0.2720 -- -- -- $0.2720
10/01/2012 10/03/2012 10/05/2012 $0.2772 -- -- -- $0.2772
09/04/2012 09/07/2012 09/10/2012 $0.2768 -- -- -- $0.2768
08/01/2012 08/03/2012 08/07/2012 $0.2638 -- -- -- $0.2638
07/02/2012 07/05/2012 07/09/2012 $0.2700 -- -- -- $0.2700
06/01/2012 06/05/2012 06/07/2012 $0.2784 -- -- -- $0.2784
05/01/2012 05/03/2012 05/07/2012 $0.2690 -- -- -- $0.2690
04/02/2012 04/04/2012 04/09/2012 $0.3110 -- -- -- $0.3110
03/01/2012 03/05/2012 03/07/2012 $0.2610 -- -- -- $0.2610
02/01/2012 02/03/2012 02/07/2012 $0.2630 -- -- -- $0.2630
12/28/2011 12/30/2011 01/04/2012 $0.2600 -- -- -- $0.2600
12/01/2011 12/05/2011 12/07/2011 $0.2684 -- -- -- $0.2684
11/01/2011 11/03/2011 11/07/2011 $0.2800 -- -- -- $0.2800
10/03/2011 10/05/2011 10/07/2011 $0.2880 -- -- -- $0.2880
09/01/2011 09/06/2011 09/08/2011 $0.2980 -- -- -- $0.2980
08/01/2011 08/03/2011 08/05/2011 $0.2852 -- -- -- $0.2852
07/01/2011 07/06/2011 07/08/2011 $0.2800 -- -- -- $0.2800
06/01/2011 06/03/2011 06/07/2011 $0.3000 -- -- -- $0.3000
05/02/2011 05/04/2011 05/06/2011 $0.2860 -- -- -- $0.2860
04/01/2011 04/05/2011 04/07/2011 $0.2900 -- -- -- $0.2900
03/01/2011 03/03/2011 03/07/2011 $0.3600 -- -- -- $0.3600
02/01/2011 02/03/2011 02/07/2011 $0.2960 -- -- -- $0.2960
12/29/2010 12/31/2010 01/05/2011 $0.2900 $0.3640 $0.0760 -- $0.7300
12/01/2010 12/03/2010 12/07/2010 $0.3060 -- -- -- $0.3060
11/01/2010 11/03/2010 11/05/2010 $0.2800 -- -- -- $0.2800
10/01/2010 10/05/2010 10/07/2010 $0.2920 -- -- -- $0.2920
09/01/2010 09/03/2010 09/08/2010 $0.2920 -- -- -- $0.2920
08/02/2010 08/04/2010 08/06/2010 $0.2800 -- -- -- $0.2800
07/01/2010 07/06/2010 07/08/2010 $0.2640 -- -- -- $0.2640
06/01/2010 06/03/2010 06/07/2010 $0.2980 -- -- -- $0.2980
05/03/2010 05/05/2010 05/07/2010 $0.3240 -- -- -- $0.3240
04/01/2010 04/06/2010 04/08/2010 $0.2940 -- -- -- $0.2940
03/01/2010 03/03/2010 03/05/2010 $0.2820 -- -- -- $0.2820
02/01/2010 02/03/2010 02/05/2010 $0.3100 -- -- -- $0.3100

*All registered investment companies are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading VanEck 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 VanEck Vectors ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distributions are not indicative of future distributions.

Certain distributions may constitute a return of capital, which will have the effect of reducing your cost basis in the Fund’s shares and thereby increasing the amount of capital gain, if any, or decreasing the amount of capital loss, if any, that you will realize when selling or exchanging Fund shares. The final determination of the tax characteristics cannot be determined until after each Fund’s yearend and are reported to shareholders on Form 1099-DIV. The form is mailed to shareholders shortly after calendar yearend specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distribution on a shareholder’s tax return.

The tax treatment and characterization of the Fund’s distributions may vary significantly from time to time depending on whether the Fund has gains or losses on the securities in its portfolio. The Fund’s distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital. The final composition of the tax characteristics of the distributions cannot be determined with certainty until after the end of the year, and will be reported to shareholders at that time. The amount of distributions will vary, depending on a number of factors. As portfolio and market conditions change, the rate of dividends may change. There can be no assurance that the Fund will be able to declare a dividend distribution in each period. Past performance is no guarantee of future results.

Click here to access more detailed yearend tax information.

Growth of hypothetical $10,000 investment as of 05/31/2019

3 Months | 6 Months | 1 Year | 3 Years | 5 Years | 10 Years |
  TO  

Calendar Year Returns (%) as of 12/31/2018

NAV History
as of 05/31/19

Best & Worst
Quarter Returns (%)
as of 03/31/19

  • Best quarter

    3Q'09 +15.85%
  • Worst quarter

    4Q'16 -7.17%
Best & Worst Quarter Returns are based on NAV, reflect the period since the Fund's inception, and are updated quarterly.