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SHYD
VanEck Vectors Short High-Yield Municipal Index ETF

  • Fund Description

    The VanEck Vectors Short High-Yield Municipal Index ETF (SHYD®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Bloomberg Barclays Municipal High Yield Short Duration Index (BMHYTR), which is intended to track the overall performance of the U.S. dollar denominated high yield short-term tax-exempt bond.

  •  
      

    • Fund Ticker

      SHYD
    • Exchange

      NYSE Arca
    • Commencement

      01/13/2014
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      BMHYTR
    • Index Rebalancing

      Monthly
  •  
    as of 02/22/17

    • 30-Day SEC Yield1

      3.29%
    • Total Net Assets

      $139.1M
    • Number of Holdings

      396
    • Options

      Expected
    • Gross Expense Ratio2

      0.35%
    • Net Expense Ratio/TER2

      0.35%
    • Distribution Frequency

      Monthly
    • Next Distribution Date

      02/28/2017
  • Portfolio Composition (%)
    as of 02/22/17

    • % of Net Assets
    • Stocks

      0.00
    • Bonds

      99.80
    • Other

      0.00
    • Cash

      0.20
  • Download All Fund Holdings »Daily Holdings (%) as of 02/22/17

    Total Holdings: 396
    Holding Name
    Coupon
    Maturity
    Composite
    Rating
    State
    Currency
    % of Net
    Assets
    Iowa Finance Authority
    5.000
    12/01/2019
    B+
    IA
    USD
    2.61
    Buckeye Tobacco Settlement Financing Au
    5.125
    06/01/2024
    CCC+
    OH
    USD
    2.60
    Illinois Finance Authority
    7.625
    05/15/2025
    AAA
    IL
    USD
    0.83
    Buckeye Tobacco Settlement Financing Au
    5.375
    06/01/2024
    CCC+
    OH
    USD
    0.82
    Tobacco Settlement Financing Corp/Nj
    4.500
    06/01/2023
    BB+
    NJ
    USD
    0.80
    Railsplitter Tobacco Settlement Authori
    5.500
    06/01/2023
    AA-
    IL
    USD
    0.79
    City Of Houston Tx Airport System Reven
    4.750
    07/01/2024
    B+
    TX
    USD
    0.76
    New York State Thruway Authority
    5.000
    05/01/2019
    A-
    NY
    USD
    0.76
    New York Transportation Development Cor
    5.000
    08/01/2026
    BB-
    NY
    USD
    0.75
    Texas Municipal Gas Acquisition & Suppl
    5.000
    12/15/2021
    BBB+
    TX
    USD
    0.72
    State Of Illinois
    5.500
    07/01/2024
    BBB
    IL
    USD
    0.70
    Jefferson County Industrial Development
    5.250
    01/01/2024
    AA+
    NY
    USD
    0.67
    Maryland Health & Higher Educational Fa
    5.000
    07/01/2019
    --
    MD
    USD
    0.66
    Los Angeles Unified School District/Ca
    5.000
    10/01/2027
    A+
    CA
    USD
    0.63
    Maryland Health & Higher Educational Fa
    5.000
    07/01/2024
    AA+
    MD
    USD
    0.62
    Pennsylvania Economic Development Finan
    5.000
    12/31/2024
    BB
    PA
    USD
    0.61
    Arizona Health Facilities Authority
    5.100
    10/01/2022
    AA
    AZ
    USD
    0.61
    Texas Municipal Gas Acquisition & Suppl
    5.000
    12/15/2022
    BBB+
    TX
    USD
    0.61
    Long Island Power Authority
    6.000
    05/01/2033
    A-
    NY
    USD
    0.61
    Antonio B Won Pat International Airport
    5.000
    10/01/2021
    BBB
    GU
    USD
    0.60
    Build Nyc Resource Corp
    3.750
    01/01/2020
    AA+
    NY
    USD
    0.59
    Gloucester County Pollution Control Fin
    5.000
    12/01/2024
    BB+
    NJ
    USD
    0.59
    State Of Illinois
    5.000
    04/01/2018
    BBB
    IL
    USD
    0.57
    New York City Health & Hospital Corp
    5.500
    02/15/2021
    A+
    NY
    USD
    0.56
    State Of Illinois
    5.000
    06/01/2021
    BBB
    IL
    USD
    0.55
    Iowa Finance Authority
    5.500
    12/01/2022
    B+
    IA
    USD
    0.55
    Salem County Pollution Control Financin
    5.000
    12/01/2023
    BBB-
    NJ
    USD
    0.54
    Public Finance Authority
    5.000
    07/01/2022
    A-
    WI
    USD
    0.54
    Parish Of St Charles La
    4.000
    12/01/2040
    BBB
    LA
    USD
    0.54
    New York State Environmental Facilities
    3.750
    12/01/2044
    B+
    NY
    USD
    0.53
    State Of Illinois
    5.000
    08/01/2022
    BBB
    IL
    USD
    0.53
    Virgin Islands Public Finance Authority
    5.000
    10/01/2018
    BB
    VI
    USD
    0.51
    Maryland Economic Development Corp
    5.750
    09/01/2025
    A+
    MD
    USD
    0.51
    Virgin Islands Public Finance Authority
    5.000
    10/01/2020
    BB+
    VI
    USD
    0.51
    City Of San Buenaventura Ca
    6.500
    12/01/2021
    BB
    CA
    USD
    0.49
    Michigan Strategic Fund
    7.500
    01/01/2021
    A-
    MI
    USD
    0.49
    Railsplitter Tobacco Settlement Authori
    5.000
    06/01/2018
    CC-
    IL
    USD
    0.49
    Foothill-Eastern Transportation Corrido
    5.500
    01/15/2053
    BB+
    CA
    USD
    0.49
    Municipal Improvement Corp Of Los Angel
    5.000
    11/01/2020
    A+
    CA
    USD
    0.49
    Wise County Industrial Development Auth
    1.875
    11/01/2040
    A-
    VA
    USD
    0.49
    City Of New Orleans La Sewerage Service
    5.000
    06/01/2019
    A-
    LA
    USD
    0.49
    New Hope Cultural Education Facilities
    5.000
    01/01/2024
    A
    TX
    USD
    0.49
    City Of Chicago Il
    5.000
    01/01/2023
    BBB
    IL
    USD
    0.48
    Michigan Tobacco Settlement Finance Aut
    5.125
    06/01/2022
    A+
    MI
    USD
    0.48
    Western Hills Water District
    4.000
    09/01/2021
    AAA
    CA
    USD
    0.47
    State Of Illinois
    5.000
    05/01/2022
    BBB
    IL
    USD
    0.46
    Railsplitter Tobacco Settlement Authori
    5.250
    06/01/2020
    --
    IL
    USD
    0.46
    New Jersey Economic Development Authori
    5.000
    06/15/2019
    BBB+
    NJ
    USD
    0.46
    Railsplitter Tobacco Settlement Authori
    5.000
    06/01/2019
    AA+
    IL
    USD
    0.46
    City Of New Orleans La Sewerage Service
    5.000
    06/01/2020
    A-
    LA
    USD
    0.46
    City Of Chicago Il
    5.000
    01/01/2023
    BBB-
    IL
    USD
    0.45
    Louisiana Local Government Environmenta
    5.500
    11/15/2025
    AA-
    LA
    USD
    0.45
    Municipal Electric Authority Of Georgia
    5.000
    01/01/2020
    A
    GA
    USD
    0.45
    Virgin Islands Public Finance Authority
    5.000
    10/01/2022
    BB
    VI
    USD
    0.44
    Tobacco Settlement Financing Corp/La
    5.000
    05/15/2021
    AAA
    LA
    USD
    0.44
    New York Transportation Development Cor
    5.000
    08/01/2018
    BB-
    NY
    USD
    0.43
    Winrock Town Center Tax Increment Devel
    5.250
    05/01/2025
    AA
    NM
    USD
    0.43
    Montgomery County Industrial Developmen
    4.000
    01/01/2025
    BB-
    PA
    USD
    0.42
    Dekalb County Hospital Authority/Ga
    5.250
    09/01/2020
    AAA
    GA
    USD
    0.42
    Port Authority Of New York & New Jersey
    5.000
    12/01/2020
    BBB
    NY
    USD
    0.42
    Poway Unified School District Public Fi
    5.000
    09/01/2024
    A+
    CA
    USD
    0.42
    Westchester County Healthcare Corp/Ny
    5.000
    11/01/2019
    BBB
    NY
    USD
    0.41
    City Of Houston Tx Airport System Reven
    4.500
    07/01/2020
    B+
    TX
    USD
    0.41
    Sa Energy Acquisition Public Facility C
    5.500
    08/01/2025
    A-
    TX
    USD
    0.41
    County Of Cook Il
    5.250
    11/15/2022
    A+
    IL
    USD
    0.41
    Citizens Property Insurance Corp
    5.000
    06/01/2020
    A+
    FL
    USD
    0.40
    County Of Suffolk Ny
    5.000
    05/15/2020
    A-
    NY
    USD
    0.40
    Tobacco Settlement Financing Corp/Ri
    5.000
    06/01/2020
    A-
    RI
    USD
    0.39
    Ohio Air Quality Development Authority
    3.750
    12/01/2023
    BB-
    OH
    USD
    0.39
    California Health Facilities Financing
    5.625
    07/01/2025
    A-
    CA
    USD
    0.39
    Port Of Oakland
    5.000
    05/01/2019
    A
    CA
    USD
    0.39
    New Jersey Economic Development Authori
    5.000
    06/15/2020
    BBB+
    NJ
    USD
    0.39
    Pennsylvania Economic Development Finan
    5.000
    06/30/2019
    AAA
    PA
    USD
    0.39
    Love Field Airport Modernization Corp
    5.000
    11/01/2018
    BBB
    TX
    USD
    0.39
    Illinois Finance Authority
    5.750
    04/01/2024
    BB+
    IL
    USD
    0.39
    New Jersey Economic Development Authori
    5.000
    06/15/2021
    A-
    NJ
    USD
    0.38
    State Of New Jersey
    5.000
    06/01/2021
    A
    NJ
    USD
    0.38
    Ohio Air Quality Development Authority
    5.625
    06/01/2018
    BBB-
    OH
    USD
    0.38
    Inland Empire Tobacco Securitization Au
    5.750
    06/01/2026
    AA+
    CA
    USD
    0.38
    Pennsylvania Turnpike Commission
    5.000
    06/01/2026
    A-
    PA
    USD
    0.38
    Arizona Industrial Development Authorit
    5.000
    07/01/2026
    --
    AZ
    USD
    0.38
    City Of Houston Tx Airport System Reven
    5.000
    07/15/2020
    AA-
    TX
    USD
    0.38
    State Of Illinois
    5.000
    06/01/2019
    BBB
    IL
    USD
    0.38
    State Of Illinois
    5.000
    01/01/2022
    BBB
    IL
    USD
    0.38
    Suffolk County Economic Development Cor
    5.000
    07/01/2018
    BBB+
    NY
    USD
    0.37
    State Of Illinois
    5.000
    01/01/2026
    BBB
    IL
    USD
    0.37
    Florida Development Finance Corp
    5.000
    06/15/2025
    A+
    FL
    USD
    0.37
    Gulf Coast Industrial Development Autho
    4.875
    05/01/2025
    B+
    TX
    USD
    0.37
    State Of North Carolina
    4.000
    03/01/2023
    A+
    NC
    USD
    0.37
    Idaho Health Facilities Authority
    6.500
    10/01/2022
    --
    ID
    USD
    0.37
    City Of Chicago Il
    5.000
    01/01/2020
    BBB
    IL
    USD
    0.37
    Pennsylvania Economic Development Finan
    5.000
    12/01/2037
    B+
    PA
    USD
    0.37
    Michigan Strategic Fund
    4.125
    07/01/2045
    AA
    MI
    USD
    0.37
    Golden State Tobacco Securitization Cor
    4.500
    06/01/2027
    B-
    CA
    USD
    0.37
    Montgomery County Industrial Developmen
    2.600
    03/01/2034
    BBB
    PA
    USD
    0.37
    Iowa Finance Authority
    5.250
    12/01/2025
    B+
    IA
    USD
    0.37
    Suffolk Tobacco Asset Securitization Co
    5.375
    06/01/2028
    AAA
    NY
    USD
    0.37
    Sam Rayburn Municipal Power Agency
    5.000
    10/01/2021
    BBB+
    TX
    USD
    0.36
    California Municipal Finance Authority
    5.000
    03/01/2025
    AA+
    CA
    USD
    0.36
    City Of Chicago Il
    5.000
    01/01/2023
    BBB-
    IL
    USD
    0.36
    Wise County Industrial Development Auth
    2.150
    10/01/2040
    A-
    VA
    USD
    0.36
    Greene County Development Authority
    6.125
    01/01/2025
    AAA
    GA
    USD
    0.36
    City Of Chicago Il
    5.000
    01/01/2025
    BBB-
    IL
    USD
    0.36
    City Of Chicago Il
    5.000
    01/01/2025
    BBB
    IL
    USD
    0.36
    Industrial Development Authority Of The
    4.000
    07/01/2025
    AA-
    AZ
    USD
    0.36
    Town Of Oyster Bay Ny
    3.000
    08/15/2018
    AA+
    NY
    USD
    0.36
    Public Finance Authority
    4.100
    06/15/2026
    AAA
    WI
    USD
    0.36
    City Of Chicago Il
    5.000
    01/01/2019
    --
    IL
    USD
    0.36
    City Of Anoka Mn
    4.250
    11/01/2027
    --
    MN
    USD
    0.36
    Washington State Housing Finance Commis
    4.000
    01/01/2026
    AA
    WA
    USD
    0.36
    Dominion Water & Sanitation District
    5.250
    12/01/2027
    --
    CO
    USD
    0.36
    City Of Liberty Mo
    5.125
    06/01/2025
    AAA
    MO
    USD
    0.36
    Tarrant County Cultural Education Facil
    4.000
    05/15/2027
    --
    TX
    USD
    0.36
    Iowa Higher Education Loan Authority
    4.000
    10/01/2025
    AA+
    IA
    USD
    0.35
    Iowa Higher Education Loan Authority
    2.500
    10/01/2020
    BB
    IA
    USD
    0.35
    Florence Town Inc Industrial Developmen
    5.000
    07/01/2023
    AA
    AZ
    USD
    0.35
    Colorado Educational & Cultural Facilit
    3.750
    07/01/2026
    AA-
    CO
    USD
    0.35
    City Of Forsyth Mt
    2.000
    08/01/2023
    A
    MT
    USD
    0.34
    City Of Chicago Il
    5.000
    01/01/2019
    BBB-
    IL
    USD
    0.34
    County Of Botetourt Va
    4.750
    07/01/2023
    AA-
    VA
    USD
    0.34
    Chicago Board Of Education
    5.000
    12/01/2019
    B
    IL
    USD
    0.34
    Industrial Development Authority Of The
    3.000
    07/01/2020
    AA-
    AZ
    USD
    0.34
    Brooklyn Arena Local Development Corp
    5.000
    07/15/2023
    AA
    NY
    USD
    0.33
    Tobacco Settlement Financing Corp/Nj
    5.000
    06/01/2018
    A
    NJ
    USD
    0.33
    Chicago Board Of Education
    5.000
    12/01/2020
    B
    IL
    USD
    0.33
    Ohio Air Quality Development Authority
    5.625
    10/01/2019
    BBB-
    OH
    USD
    0.32
    Bay Area Toll Authority
    5.000
    04/01/2028
    A+
    CA
    USD
    0.32
    County Of Otero Nm
    5.750
    04/01/2018
    A
    NM
    USD
    0.32
    Georgia Local Government
    4.750
    06/01/2028
    A
    GA
    USD
    0.31
    Public Authority For Colorado Energy
    6.250
    11/15/2028
    BBB+
    CO
    USD
    0.31
    Virgin Islands Public Finance Authority
    5.000
    10/01/2025
    BB
    VI
    USD
    0.31
    New Jersey Health Care Facilities Finan
    5.000
    07/01/2021
    BB+
    NJ
    USD
    0.31
    East Side Union High School District
    5.250
    02/01/2026
    A
    CA
    USD
    0.31
    Moon Industrial Development Authority
    5.000
    07/01/2020
    AAA
    PA
    USD
    0.31
    City Of New Orleans La Sewerage Service
    5.000
    06/01/2018
    A-
    LA
    USD
    0.30
    Texas Municipal Gas Acquisition & Suppl
    5.250
    12/15/2021
    BBB+
    TX
    USD
    0.30
    City Of Houston Tx Airport System Reven
    5.000
    07/15/2020
    AA
    TX
    USD
    0.30
    City Of Hartford Ct
    5.000
    04/01/2024
    A-
    CT
    USD
    0.30
    Johnston Memorial Hospital Authority
    5.250
    10/01/2036
    A+
    NC
    USD
    0.30
    New Jersey Economic Development Authori
    4.375
    01/01/2024
    A
    NJ
    USD
    0.30
    Philadelphia Gas Works Co
    5.000
    08/01/2025
    BBB+
    PA
    USD
    0.29
    County Of Mason Wv
    1.625
    10/01/2022
    BBB
    WV
    USD
    0.29
    Port Of Oakland
    5.000
    05/01/2020
    A
    CA
    USD
    0.28
    Texas Municipal Gas Acquisition & Suppl
    5.250
    12/15/2025
    BBB+
    TX
    USD
    0.28
    State Of New Jersey
    5.000
    08/15/2020
    A
    NJ
    USD
    0.28
    County Of Pulaski Ar
    5.500
    03/01/2034
    AA-
    AR
    USD
    0.27
    Sweetwater Union High School District
    5.625
    08/01/2047
    AA-
    CA
    USD
    0.27
    California State Public Works Board
    5.000
    09/01/2020
    A+
    CA
    USD
    0.27
    Los Angeles Convention & Exhibit Center
    5.000
    08/15/2020
    A+
    CA
    USD
    0.27
    Indiana Finance Authority
    5.000
    10/01/2019
    A+
    IN
    USD
    0.26
    City Of Blaine Mn
    5.125
    07/01/2025
    AA+
    MN
    USD
    0.26
    South Carolina Jobs-Economic Developmen
    5.375
    08/01/2022
    BBB+
    SC
    USD
    0.26
    Virgin Islands Public Finance Authority
    5.000
    10/01/2019
    BB
    VI
    USD
    0.26
    California State Public Works Board
    5.000
    09/01/2021
    A+
    CA
    USD
    0.25
    Central Texas Turnpike System
    5.000
    08/15/2024
    BBB
    TX
    USD
    0.25
    San Francisco City & County Airport Com
    5.000
    05/01/2022
    A+
    CA
    USD
    0.25
    Harris County-Houston Sports Authority
    5.000
    11/15/2020
    A-
    TX
    USD
    0.24
    North Carolina Medical Care Commission
    5.250
    06/01/2025
    A
    NC
    USD
    0.24
    New York State Dormitory Authority
    5.000
    12/01/2026
    BB+
    NY
    USD
    0.24
    New York State Dormitory Authority
    5.000
    12/01/2027
    BB+
    NY
    USD
    0.24
    Jefferson County Industrial Development
    4.750
    01/01/2020
    A+
    NY
    USD
    0.24
    Arizona Health Facilities Authority
    5.000
    02/01/2020
    AA+
    AZ
    USD
    0.24
    King County Public Hospital District No
    5.000
    12/01/2025
    A+
    WA
    USD
    0.23
    State Of Illinois
    5.500
    07/01/2026
    BBB
    IL
    USD
    0.23
    Philadelphia Gas Works Co
    5.375
    07/01/2018
    A
    PA
    USD
    0.23
    Massachusetts Health & Educational Faci
    5.375
    07/01/2025
    A-
    MA
    USD
    0.23
    Chicago Board Of Education
    5.000
    12/01/2020
    B
    IL
    USD
    0.23
    California Pollution Control Financing
    4.750
    12/01/2023
    BBB+
    CA
    USD
    0.22
    Ohio Water Development Authority
    4.000
    12/01/2033
    BB-
    OH
    USD
    0.22
    St Lucie County School Board
    5.000
    10/01/2025
    A+
    FL
    USD
    0.21
    Clark County School District
    5.000
    06/15/2028
    A+
    NV
    USD
    0.21
    Philadelphia Gas Works Co
    5.000
    10/01/2026
    BBB+
    PA
    USD
    0.21
    Brooklyn Arena Local Development Corp
    5.000
    07/15/2026
    --
    NY
    USD
    0.21
    Brooklyn Arena Local Development Corp
    5.000
    07/15/2024
    --
    NY
    USD
    0.21
    Territory Of Guam
    6.000
    11/15/2019
    AA-
    GU
    USD
    0.21
    Brooklyn Arena Local Development Corp
    5.000
    07/15/2027
    AAA
    NY
    USD
    0.21
    Tsasc Inc/Ny
    5.000
    06/01/2027
    --
    NY
    USD
    0.21
    California Municipal Finance Authority
    5.000
    02/01/2027
    BBB+
    CA
    USD
    0.21
    Mid-Bay Bridge Authority
    5.000
    10/01/2024
    BBB+
    FL
    USD
    0.21
    Tsasc Inc/Ny
    5.000
    06/01/2028
    --
    NY
    USD
    0.21
    Brooklyn Arena Local Development Corp
    5.000
    07/15/2028
    AA-
    NY
    USD
    0.21
    Mid-Bay Bridge Authority
    5.000
    10/01/2023
    BBB+
    FL
    USD
    0.21
    California Municipal Finance Authority
    5.000
    02/01/2028
    BBB+
    CA
    USD
    0.21
    Lake Elsinore Public Financing Authorit
    5.000
    09/01/2024
    --
    CA
    USD
    0.21
    City Of Westminster Md
    4.875
    07/01/2023
    --
    MD
    USD
    0.21
    Chicago Board Of Education
    5.500
    12/01/2019
    B
    IL
    USD
    0.20
    Pennsylvania Economic Development Finan
    5.000
    06/30/2026
    AA-
    PA
    USD
    0.20
    New York Transportation Development Cor
    5.000
    01/01/2022
    BBB+
    NY
    USD
    0.20
    County Of Allen Oh
    5.000
    09/01/2021
    A+
    OH
    USD
    0.20
    State Of New Jersey
    5.000
    06/01/2022
    A
    NJ
    USD
    0.20
    New Hope Cultural Education Facilities
    5.000
    07/01/2024
    BBB-
    TX
    USD
    0.20
    Pennsylvania Economic Development Finan
    5.000
    12/31/2023
    AA-
    PA
    USD
    0.20
    Palomar Health
    5.000
    11/01/2025
    BB+
    CA
    USD
    0.20
    New Hope Cultural Education Facilities
    5.000
    07/01/2023
    BBB-
    TX
    USD
    0.20
    Massachusetts Development Finance Agenc
    5.000
    07/01/2028
    BBB+
    MA
    USD
    0.20
    New York Transportation Development Cor
    5.000
    01/01/2021
    BBB+
    NY
    USD
    0.20
    Arizona Health Facilities Authority
    5.000
    02/01/2021
    AAA
    AZ
    USD
    0.20
    Palomar Health
    5.000
    11/01/2027
    BB+
    CA
    USD
    0.20
    Pennsylvania Economic Development Finan
    5.000
    12/31/2021
    AA+
    PA
    USD
    0.20
    Newport News Economic Development Autho
    5.000
    12/01/2024
    --
    VA
    USD
    0.20
    Indiana Finance Authority
    5.250
    09/01/2025
    BB
    IN
    USD
    0.20
    State Of New Jersey
    5.000
    06/01/2020
    A
    NJ
    USD
    0.20
    California Statewide Communities Develo
    5.000
    05/15/2020
    AA-
    CA
    USD
    0.20
    Pennsylvania Economic Development Finan
    5.000
    12/31/2020
    BBB+
    PA
    USD
    0.20
    Pennsylvania Turnpike Commission
    5.000
    06/01/2025
    A
    PA
    USD
    0.20
    Territory Of Guam
    5.000
    11/15/2027
    A-
    GU
    USD
    0.20
    Pennsylvania Economic Development Finan
    5.000
    12/31/2019
    AAA
    PA
    USD
    0.20
    New Jersey Economic Development Authori
    5.000
    03/01/2021
    A-
    NJ
    USD
    0.19
    American Municipal Power Inc
    5.250
    02/15/2026
    AA-
    OH
    USD
    0.19
    Dallas/Fort Worth International Airport
    4.000
    11/01/2019
    A
    TX
    USD
    0.19
    New York Transportation Development Cor
    5.000
    08/01/2021
    BB-
    NY
    USD
    0.19
    New Jersey Building Authority
    5.000
    06/15/2024
    A-
    NJ
    USD
    0.19
    New Jersey Economic Development Authori
    5.000
    03/01/2024
    A-
    NJ
    USD
    0.19
    Foothill-Eastern Transportation Corrido
    5.000
    01/15/2053
    BB+
    CA
    USD
    0.19
    Massachusetts Health & Educational Faci
    5.375
    07/01/2021
    A-
    MA
    USD
    0.19
    State Of Illinois
    5.000
    07/01/2021
    BBB
    IL
    USD
    0.19
    Tennessee Energy Acquisition Corp
    5.000
    02/01/2019
    A-
    TN
    USD
    0.19
    Louisiana Public Facilities Authority
    7.500
    07/01/2023
    AA
    LA
    USD
    0.19
    Wppi Energy
    5.250
    07/01/2020
    AA-
    WI
    USD
    0.19
    California Health Facilities Financing
    5.500
    07/01/2025
    A-
    CA
    USD
    0.19
    Clark County Public Utility District No
    5.000
    01/01/2027
    A+
    WA
    USD
    0.19
    School Board Of Miami-Dade County/The
    5.000
    08/01/2018
    A
    FL
    USD
    0.19
    Industrial Development Authority Of The
    4.375
    07/01/2026
    AA-
    AZ
    USD
    0.19
    State Of Illinois
    5.000
    01/01/2020
    BBB
    IL
    USD
    0.19
    New Jersey Transportation Trust Fund Au
    5.000
    12/15/2023
    A-
    NJ
    USD
    0.19
    Illinois Finance Authority
    5.000
    02/15/2028
    BBB-
    IL
    USD
    0.19
    State Of Illinois
    5.000
    02/01/2024
    BBB
    IL
    USD
    0.19
    Texas Municipal Gas Acquisition & Suppl
    5.250
    12/15/2022
    BBB+
    TX
    USD
    0.19
    Kentucky Economic Development Finance A
    5.000
    05/15/2026
    --
    KY
    USD
    0.19
    Scranton Redevelopment Authority
    5.000
    11/15/2021
    A+
    PA
    USD
    0.19
    County Of Rice Mn
    5.000
    08/01/2022
    DD+
    MN
    USD
    0.19
    Mohegan Tribe Of Indians Of Connecticut
    5.500
    02/01/2023
    A+
    CT
    USD
    0.19
    Northern Palm Beach County Improvement
    4.500
    08/01/2024
    BBB+
    FL
    USD
    0.19
    Mohegan Tribe Of Indians Of Connecticut
    5.250
    02/01/2022
    AAA
    CT
    USD
    0.18
    Clifton Higher Education Finance Corp
    4.625
    08/15/2025
    A-
    TX
    USD
    0.18
    La Vernia Higher Education Finance Corp
    4.200
    08/15/2025
    --
    TX
    USD
    0.18
    Tobacco Settlement Financing Corp/La
    5.000
    05/15/2020
    AAA
    LA
    USD
    0.18
    Payne County Economic Development Autho
    4.750
    11/01/2023
    A
    OK
    USD
    0.18
    Colorado Health Facilities Authority
    5.200
    07/01/2022
    A+
    CO
    USD
    0.18
    City Of Baltimore Md
    4.250
    06/01/2026
    --
    MD
    USD
    0.18
    City Of Farmington Nm
    1.875
    04/01/2033
    BBB
    NM
    USD
    0.18
    New Hope Cultural Education Facilities
    3.375
    08/15/2021
    --
    TX
    USD
    0.18
    California Statewide Communities Develo
    5.500
    07/01/2022
    AA
    CA
    USD
    0.17
    New Jersey Economic Development Authori
    5.125
    09/15/2023
    B+
    NJ
    USD
    0.17
    New Hope Cultural Education Facilities
    4.000
    08/15/2026
    --
    TX
    USD
    0.17
    Allegheny County Industrial Development
    6.750
    11/01/2024
    B-
    PA
    USD
    0.17
    Washington State Housing Finance Commis
    3.750
    07/01/2026
    --
    WA
    USD
    0.17
    Beaver County Industrial Development Au
    3.500
    12/01/2035
    BB-
    PA
    USD
    0.17
    Newport News Economic Development Autho
    3.125
    12/01/2026
    --
    VA
    USD
    0.17
    Town Of Oyster Bay Ny
    3.000
    08/15/2020
    --
    NY
    USD
    0.17
    New York City Industrial Development Ag
    5.000
    07/01/2022
    A-
    NY
    USD
    0.16
    Indiana Finance Authority
    6.000
    12/01/2019
    B-
    IN
    USD
    0.16
    Puerto Rico Highways & Transportation A
    5.750
    07/01/2021
    CC
    PR
    USD
    0.16
    City Of Baltimore Md
    5.250
    09/01/2021
    BB
    MD
    USD
    0.16
    Kentucky State Property & Building Comm
    5.000
    08/01/2020
    A+
    KY
    USD
    0.16
    School Board Of Miami-Dade County/The
    5.000
    11/01/2019
    A
    FL
    USD
    0.16
    Clarksville Natural Gas Acquisition Cor
    5.000
    12/15/2019
    A-
    TN
    USD
    0.16
    Chicago Board Of Education
    5.250
    12/01/2023
    B
    IL
    USD
    0.16
    Virgin Islands Public Finance Authority
    5.000
    10/01/2024
    BB
    VI
    USD
    0.16
    City Of Baltimore Md
    5.250
    09/01/2023
    BB
    MD
    USD
    0.16
    New York Transportation Development Cor
    5.000
    08/01/2019
    BB-
    NY
    USD
    0.15
    New Jersey Economic Development Authori
    4.875
    09/15/2019
    B+
    NJ
    USD
    0.15
    County Of Alachua Fl
    5.625
    11/15/2022
    AAA
    FL
    USD
    0.15
    Garden State Preservation Trust
    0.000
    11/01/2022
    A+
    NJ
    USD
    0.15
    State Of New Jersey
    3.000
    06/01/2026
    A-
    NJ
    USD
    0.14
    Hospital Facilities Authority Of Multno
    5.000
    10/01/2019
    AA+
    OR
    USD
    0.14
    Travis County Health Facilities Develop
    6.000
    01/01/2022
    AA
    TX
    USD
    0.13
    Ohio Water Development Authority
    3.950
    11/01/2032
    BB-
    OH
    USD
    0.13
    New Jersey Economic Development Authori
    5.000
    06/15/2022
    BBB+
    NJ
    USD
    0.13
    Public Authority For Colorado Energy
    6.125
    11/15/2023
    BBB+
    CO
    USD
    0.13
    Louisiana Public Facilities Authority
    7.000
    07/01/2024
    A
    LA
    USD
    0.13
    West Virginia Hospital Finance Authorit
    5.000
    06/01/2026
    A
    WV
    USD
    0.13
    State Of Illinois
    4.000
    01/01/2024
    BBB
    IL
    USD
    0.12
    Vermont Economic Development Authority
    5.000
    12/15/2020
    AA+
    VT
    USD
    0.12
    Maine Health & Higher Educational Facil
    5.000
    07/01/2020
    BB+
    ME
    USD
    0.12
    New Jersey Economic Development Authori
    5.000
    06/15/2023
    BBB+
    NJ
    USD
    0.12
    Main Street Natural Gas Inc
    5.500
    09/15/2025
    A-
    GA
    USD
    0.12
    Philadelphia Authority For Industrial D
    5.875
    06/15/2022
    A
    PA
    USD
    0.12
    California Municipal Finance Authority
    6.000
    06/01/2023
    BBB
    CA
    USD
    0.11
    State Of Illinois
    5.000
    02/01/2025
    BBB
    IL
    USD
    0.11
    City Of Chicago Il
    5.000
    01/01/2020
    BBB-
    IL
    USD
    0.11
    Main Street Natural Gas Inc
    5.500
    09/15/2023
    A-
    GA
    USD
    0.11
    County Of Otero Nm
    6.000
    04/01/2023
    AA-
    NM
    USD
    0.11
    Massachusetts Development Finance Agenc
    5.000
    07/01/2029
    AA-
    MA
    USD
    0.11
    Alabama Industrial Development Authorit
    6.450
    12/01/2023
    AAA
    AL
    USD
    0.11
    Alabama Industrial Development Authorit
    6.450
    12/01/2023
    AA-
    AL
    USD
    0.11
    Delaware River Port Authority
    5.000
    01/01/2022
    BBB
    PA
    USD
    0.11
    City Of Vernon Ca Electric System Reven
    5.125
    08/01/2021
    BBB+
    CA
    USD
    0.10
    Puerto Rico Sales Tax Financing Corp Sa
    5.000
    08/01/2022
    CC-
    PR
    USD
    0.10
    County Of Muskingum Oh
    5.000
    02/15/2020
    BB
    OH
    USD
    0.10
    Kuakini Health System
    6.300
    07/01/2022
    A
    HI
    USD
    0.10
    Denver Convention Center Hotel Authorit
    5.000
    12/01/2022
    --
    CO
    USD
    0.10
    Kansas City Industrial Development Auth
    6.250
    01/01/2024
    AA
    MO
    USD
    0.10
    San Francisco Community College Distric
    5.000
    06/15/2022
    A+
    CA
    USD
    0.10
    Arkansas City Public Building Commissio
    6.250
    09/01/2024
    A+
    KS
    USD
    0.10
    Riverside County Public Financing Autho
    5.000
    11/01/2023
    A+
    CA
    USD
    0.09
    Sa Energy Acquisition Public Facility C
    5.500
    08/01/2022
    A-
    TX
    USD
    0.09
    State Of Illinois
    4.125
    03/01/2028
    BBB
    IL
    USD
    0.09
    Sa Energy Acquisition Public Facility C
    5.500
    08/01/2027
    A-
    TX
    USD
    0.09
    Housing & Redevelopment Authority Of Th
    5.000
    09/01/2026
    BB
    MN
    USD
    0.09
    Ohio Air Quality Development Authority
    5.700
    08/01/2020
    BB-
    OH
    USD
    0.09
    Harbor Point Infrastructure Improvement
    7.000
    04/01/2022
    A-
    CT
    USD
    0.09
    Rhode Island Commerce Corp
    5.000
    06/15/2026
    A+
    RI
    USD
    0.09
    Charleston Educational Excellence Finan
    5.000
    12/01/2024
    AA-
    SC
    USD
    0.09
    Industrial Development Authority Of The
    5.000
    06/15/2020
    A-
    MO
    USD
    0.08
    Sa Energy Acquisition Public Facility C
    5.500
    08/01/2021
    A-
    TX
    USD
    0.08
    State Of New Jersey
    5.000
    06/01/2027
    A-
    NJ
    USD
    0.08
    Railsplitter Tobacco Settlement Authori
    5.375
    06/01/2021
    AA
    IL
    USD
    0.08
    New Jersey Health Care Facilities Finan
    4.625
    07/01/2023
    A-
    NJ
    USD
    0.08
    City Of Baltimore Md
    5.250
    09/01/2024
    BB
    MD
    USD
    0.08
    San Francisco City & County Redevelopme
    5.000
    08/01/2023
    --
    CA
    USD
    0.08
    State Of Illinois
    4.000
    09/01/2027
    BBB
    IL
    USD
    0.08
    Texas Municipal Gas Acquisition & Suppl
    5.000
    12/15/2024
    BBB+
    TX
    USD
    0.08
    Railsplitter Tobacco Settlement Authori
    5.125
    06/01/2019
    --
    IL
    USD
    0.08
    Long Beach Bond Finance Authority
    5.250
    11/15/2018
    BBB+
    CA
    USD
    0.08
    State Of Illinois
    4.000
    01/01/2022
    BBB
    IL
    USD
    0.08
    Village Community Development District
    4.500
    05/01/2023
    A+
    FL
    USD
    0.08
    Chicago Board Of Education
    4.250
    12/01/2018
    B
    IL
    USD
    0.08
    Virgin Islands Water & Power Authority
    5.000
    07/01/2023
    B+
    VI
    USD
    0.08
    State Of Illinois
    5.000
    06/01/2026
    BBB
    IL
    USD
    0.07
    San Jose Redevelopment Agency
    5.000
    08/01/2021
    BBB
    CA
    USD
    0.07
    County Of Allegheny Pa
    5.000
    11/01/2026
    A+
    PA
    USD
    0.07
    City Of Cleveland Oh Airport System Rev
    5.250
    01/01/2021
    BBB+
    OH
    USD
    0.07
    Hospitals & Higher Education Facilities
    5.000
    07/01/2022
    BB+
    PA
    USD
    0.07
    New York City Industrial Development Ag
    5.000
    01/01/2021
    BBB-
    NY
    USD
    0.07
    Colorado Health Facilities Authority
    5.000
    05/15/2027
    A+
    CO
    USD
    0.07
    City Of Chicago Il
    5.000
    01/01/2022
    BBB-
    IL
    USD
    0.07
    Puerto Rico Highways & Transportation A
    0.000
    07/01/2018
    CC
    PR
    USD
    0.07
    Maine Health & Higher Educational Facil
    5.000
    07/01/2019
    BB+
    ME
    USD
    0.07
    Johnson City Health & Educational Facil
    5.375
    07/01/2025
    BBB+
    TN
    USD
    0.07
    Overland Park Development Corp
    5.125
    01/01/2022
    BB
    KS
    USD
    0.07
    Puerto Rico Sales Tax Financing Corp Sa
    4.625
    08/01/2019
    CC-
    PR
    USD
    0.06
    Texas Municipal Gas Acquisition & Suppl
    5.250
    12/15/2024
    BBB+
    TX
    USD
    0.06
    Chicago Board Of Education
    5.000
    12/01/2018
    B
    IL
    USD
    0.06
    New Jersey Economic Development Authori
    4.000
    06/15/2019
    BBB+
    NJ
    USD
    0.06
    Texas Municipal Gas Acquisition & Suppl
    5.250
    12/15/2018
    BBB+
    TX
    USD
    0.06
    Michigan Tobacco Settlement Finance Aut
    5.250
    06/01/2022
    --
    MI
    USD
    0.06
    State Of Illinois
    4.000
    08/01/2025
    BBB
    IL
    USD
    0.06
    Salt Verde Financial Corp
    5.250
    12/01/2024
    BBB+
    AZ
    USD
    0.06
    Tobacco Settlement Financing Corp/Nj
    5.000
    06/01/2019
    A-
    NJ
    USD
    0.06
    Salt Verde Financial Corp
    5.250
    12/01/2021
    BBB+
    AZ
    USD
    0.05
    West Virginia Hospital Finance Authorit
    6.250
    10/01/2023
    --
    WV
    USD
    0.05
    New York City Industrial Development Ag
    5.000
    01/01/2020
    BBB-
    NY
    USD
    0.05
    Chicago Board Of Education
    5.000
    12/01/2021
    B
    IL
    USD
    0.05
    City Of Atlantic City Nj
    5.000
    12/01/2020
    AA
    NJ
    USD
    0.05
    Cullman County Health Care Authority
    6.250
    02/01/2023
    BB+
    AL
    USD
    0.05
    Chicago Board Of Education
    5.000
    12/01/2018
    B
    IL
    USD
    0.04
    Illinois Finance Authority
    5.000
    04/01/2020
    BB+
    IL
    USD
    0.04
    Salt Verde Financial Corp
    5.250
    12/01/2023
    BBB+
    AZ
    USD
    0.04
    Sa Energy Acquisition Public Facility C
    5.500
    08/01/2024
    A-
    TX
    USD
    0.04
    Virgin Islands Public Finance Authority
    6.750
    10/01/2019
    B+
    VI
    USD
    0.04
    Illinois Finance Authority
    5.500
    08/15/2024
    BBB+
    IL
    USD
    0.04
    Puerto Rico Convention Center District
    4.750
    07/01/2022
    CC
    PR
    USD
    0.04
    Puerto Rico Convention Center District
    4.125
    07/01/2021
    CC
    PR
    USD
    0.04
    New Jersey Economic Development Authori
    5.750
    09/15/2027
    B+
    NJ
    USD
    0.04
    City Of Detroit Mi Water Supply System
    5.250
    07/01/2025
    BBB+
    MI
    USD
    0.04
    Lincoln Public Financing Authority
    5.375
    09/02/2021
    A+
    CA
    USD
    0.04
    Will County Community High School Distr
    0.000
    01/01/2028
    --
    IL
    USD
    0.04
    Town Of Oyster Bay Ny
    3.000
    08/15/2021
    --
    NY
    USD
    0.04
    Virgin Islands Water & Power Authority
    5.000
    07/01/2024
    B+
    VI
    USD
    0.04
    New York State Dormitory Authority
    5.000
    08/01/2022
    BBB
    NY
    USD
    0.04
    County Of Muskingum Oh
    4.000
    02/15/2023
    BB
    OH
    USD
    0.04
    State Of Illinois
    4.000
    01/01/2023
    BBB
    IL
    USD
    0.04
    Town Of Oyster Bay Ny
    3.000
    08/15/2019
    A-
    NY
    USD
    0.04
    Railsplitter Tobacco Settlement Authori
    5.250
    06/01/2021
    AA-
    IL
    USD
    0.03
    Metropolitan Pier & Exposition Authorit
    5.000
    06/15/2023
    BBB
    IL
    USD
    0.03
    Metropolitan Pier & Exposition Authorit
    0.000
    06/15/2018
    BBB-
    IL
    USD
    0.03
    Alameda Corridor Transportation Authori
    0.000
    10/01/2018
    BBB
    CA
    USD
    0.03
    Metropolitan Pier & Exposition Authorit
    5.000
    12/15/2022
    BBB
    IL
    USD
    0.03
    Virgin Islands Water & Power Authority
    5.000
    07/01/2025
    B+
    VI
    USD
    0.03
    Puerto Rico Sales Tax Financing Corp Sa
    5.000
    08/01/2018
    CC-
    PR
    USD
    0.02
    Puerto Rico Sales Tax Financing Corp Sa
    5.500
    08/01/2028
    CC-
    PR
    USD
    0.02
    Puerto Rico Sales Tax Financing Corp Sa
    4.750
    08/01/2023
    CC-
    PR
    USD
    0.02
    Puerto Rico Highways & Transportation A
    5.000
    07/01/2020
    CC
    PR
    USD
    0.02
    Clarksville Natural Gas Acquisition Cor
    5.000
    12/15/2021
    A-
    TN
    USD
    0.02
    Suffolk County Economic Development Cor
    5.000
    07/01/2022
    BBB+
    NY
    USD
    0.02
    Puerto Rico Highways & Transportation A
    5.000
    07/01/2018
    CC
    PR
    USD
    0.02
    Puerto Rico Highways & Transportation A
    5.000
    07/01/2021
    CC
    PR
    USD
    0.02
    City Of Modesto Ca
    5.000
    11/01/2023
    AA+
    CA
    USD
    0.02
    Virgin Islands Public Finance Authority
    5.000
    10/01/2025
    BB
    VI
    USD
    0.02
    Chesterfield County Economic Developmen
    4.125
    01/01/2024
    A-
    VA
    USD
    0.02
    New York City Industrial Development Ag
    5.000
    01/01/2022
    BBB-
    NY
    USD
    0.02
    City Of New Orleans La Sewerage Service
    5.000
    06/01/2022
    A-
    LA
    USD
    0.02
    Texas Municipal Gas Acquisition & Suppl
    5.250
    12/15/2019
    BBB+
    TX
    USD
    0.02
    Puerto Rico Highways & Transportation A
    5.000
    07/01/2019
    CC
    PR
    USD
    0.02
    Texas Municipal Gas Acquisition & Suppl
    5.000
    12/15/2018
    BBB+
    TX
    USD
    0.02
    Mississippi Business Finance Corp
    5.875
    04/01/2022
    BBB
    MS
    USD
    0.01
    San Jose Redevelopment Agency
    5.000
    08/01/2018
    BBB
    CA
    USD
    0.01
    Texas Municipal Gas Acquisition & Suppl
    5.250
    12/15/2023
    BBB+
    TX
    USD
    0.01
    Kentucky Economic Development Finance A
    5.250
    06/01/2023
    BBB
    KY
    USD
    0.01
    Puerto Rico Highways & Transportation A
    5.500
    07/01/2021
    CC
    PR
    USD
    0.01
    Ohio Air Quality Development Authority
    6.750
    06/01/2024
    CCC+
    OH
    USD
    0.01
    Puerto Rico Convention Center District
    5.000
    07/01/2018
    CC
    PR
    USD
    0.01
    Puerto Rico Highways & Transportation A
    4.125
    07/01/2019
    CC
    PR
    USD
    0.00
    Maverick County Public Facility Corp
    6.250
    02/01/2024
    AAA
    TX
    USD
    0.00
    Other/Cash
    --
    --
    --
    --
    USD
    0.20

    These are not recommendations to buy or to sell any security. Securities and holdings may vary. Composite Rating: An evenly weighted blend of a security's Moody's, S&P, Fitch and DBRS ratings. Not Rated indicates that a security is rated by fewer than two of the four rating agencies. This composite is not intended to be a credit opinion. These are not recommendations to buy or to sell any security. Securities and holdings may vary.