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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

      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 09/27/16

    • 30-Day SEC Yield1

      3.42%
    • Total Net Assets

      $2.4B
    • Number of Holdings

      1485
    • Options

      Available
    • Gross Expense Ratio2

      0.35%
    • Net Expense Ratio/TER2

      0.35%
    • Distribution Frequency

      Monthly
    • Next Distribution Date

      09/30/2016

    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) 0.54 2.76 8.09 11.21 9.24 7.36 -- 9.11
    HYD (Share Price) 0.51 2.75 7.94 12.90 10.07 7.30 -- 9.13
    LMEHTR (Index) 0.18 2.74 8.06 12.44 10.78 8.27 -- 10.35
    Performance Differential (NAV - Index) 0.36 0.02 0.03 -1.23 -1.54 -0.91 -- -1.24
    After Tax Held 0.54 2.76 8.09 11.21 9.21 7.33 -- 9.06
    After Tax Sold 0.45 2.00 5.86 8.36 8.32 6.90 -- 8.49
    Quarter End as of 06/30/16
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    02/04/09
    HYD (NAV) 1.91 4.03 7.20 11.06 6.91 7.48 -- 9.21
    HYD (Share Price) 1.84 4.26 6.99 13.21 7.29 7.52 -- 9.22
    LMEHTR (Index) 2.10 4.23 7.38 12.74 8.15 8.50 -- 10.50
    Performance Differential (NAV - Index) -0.19 -0.20 -0.18 -1.68 -1.24 -1.02 -- -1.29
    After Tax Held 1.91 4.03 7.20 11.06 6.88 7.46 -- 9.16
    After Tax Sold 1.24 2.76 5.05 8.34 6.47 7.01 -- 8.57
  • 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
    09/01/2016 09/06/2016 09/08/2016 $0.1075 -- -- -- $0.1075
    08/01/2016 08/03/2016 08/05/2016 $0.1042 -- -- -- $0.1042
    07/01/2016 07/06/2016 07/08/2016 $0.1027 -- -- -- $0.1027
    06/01/2016 06/03/2016 06/07/2016 $0.1149 -- -- -- $0.1149
    05/02/2016 05/04/2016 05/06/2016 $0.1150 -- -- -- $0.1150
    04/01/2016 04/05/2016 04/07/2016 $0.1148 -- -- -- $0.1148
    03/01/2016 03/03/2016 03/07/2016 $0.1118 -- -- -- $0.1118
    02/01/2016 02/03/2016 02/05/2016 $0.1157 -- -- -- $0.1157
    12/29/2015 12/31/2015 01/05/2016 $0.1158 -- -- -- $0.1158
    12/01/2015 12/03/2015 12/07/2015 $0.1206 -- -- -- $0.1206
    11/02/2015 11/04/2015 11/06/2015 $0.1197 -- -- -- $0.1197
    10/01/2015 10/05/2015 10/07/2015 $0.1237 -- -- -- $0.1237
    09/01/2015 09/03/2015 09/08/2015 $0.1254 -- -- -- $0.1254
    08/03/2015 08/05/2015 08/07/2015 $0.1285 -- -- -- $0.1285
    07/01/2015 07/06/2015 07/08/2015 $0.1226 -- -- -- $0.1226
    06/01/2015 06/03/2015 06/05/2015 $0.1248 -- -- -- $0.1248
    05/01/2015 05/05/2015 05/07/2015 $0.1190 -- -- -- $0.1190
    04/01/2015 04/06/2015 04/08/2015 $0.1347 -- -- -- $0.1347
    03/02/2015 03/04/2015 03/06/2015 $0.1255 -- -- -- $0.1255
    02/02/2015 02/04/2015 02/06/2015 $0.1282 -- -- -- $0.1282
    12/29/2014 12/31/2014 01/05/2015 $0.1350 -- -- -- $0.1350
    12/01/2014 12/03/2014 12/05/2014 $0.1109 -- -- -- $0.1109
    11/03/2014 11/05/2014 11/07/2014 $0.1200 -- -- -- $0.1200
    10/01/2014 10/03/2014 10/07/2014 $0.1200 -- -- -- $0.1200
    09/02/2014 09/04/2014 09/08/2014 $0.1265 -- -- -- $0.1265
    08/01/2014 08/05/2014 08/07/2014 $0.1292 -- -- -- $0.1292
    07/01/2014 07/03/2014 07/08/2014 $0.1270 -- -- -- $0.1270
    06/02/2014 06/04/2014 06/06/2014 $0.1202 -- -- -- $0.1202
    05/01/2014 05/05/2014 05/07/2014 $0.1222 -- -- -- $0.1222
    04/01/2014 04/03/2014 04/07/2014 $0.1350 -- -- -- $0.1350
    03/03/2014 03/05/2014 03/07/2014 $0.1507 -- -- -- $0.1507
    02/03/2014 02/05/2014 02/07/2014 $0.1391 -- -- -- $0.1391
    12/27/2013 12/31/2013 01/03/2014 $0.1425 -- $0.0994 -- $0.2419
    12/02/2013 12/04/2013 12/06/2013 $0.1340 -- -- -- $0.1340
    11/01/2013 11/05/2013 11/07/2013 $0.1438 -- -- -- $0.1438
    10/01/2013 10/03/2013 10/07/2013 $0.1363 -- -- -- $0.1363
    09/03/2013 09/05/2013 09/09/2013 $0.1517 -- -- -- $0.1517
    08/01/2013 08/05/2013 08/07/2013 $0.1482 -- -- -- $0.1482
    07/01/2013 07/03/2013 07/08/2013 $0.1526 -- -- -- $0.1526
    06/03/2013 06/05/2013 06/07/2013 $0.1388 -- -- -- $0.1388
    05/01/2013 05/03/2013 05/07/2013 $0.1283 -- -- -- $0.1283
    04/01/2013 04/03/2013 04/05/2013 $0.1475 -- -- -- $0.1475
    03/01/2013 03/05/2013 03/07/2013 $0.1270 -- -- -- $0.1270
    02/01/2013 02/05/2013 02/07/2013 $0.1413 -- -- -- $0.1413
    12/27/2012 12/31/2012 01/03/2013 $0.1450 -- -- -- $0.1450
    12/03/2012 12/05/2012 12/07/2012 $0.1245 -- -- -- $0.1245
    11/01/2012 11/05/2012 11/07/2012 $0.1360 -- -- -- $0.1360
    10/01/2012 10/03/2012 10/05/2012 $0.1386 -- -- -- $0.1386
    09/04/2012 09/07/2012 09/10/2012 $0.1384 -- -- -- $0.1384
    08/01/2012 08/03/2012 08/07/2012 $0.1319 -- -- -- $0.1319
    07/02/2012 07/05/2012 07/09/2012 $0.1350 -- -- -- $0.1350
    06/01/2012 06/05/2012 06/07/2012 $0.1392 -- -- -- $0.1392
    05/01/2012 05/03/2012 05/07/2012 $0.1345 -- -- -- $0.1345
    04/02/2012 04/04/2012 04/09/2012 $0.1555 -- -- -- $0.1555
    03/01/2012 03/05/2012 03/07/2012 $0.1305 -- -- -- $0.1305
    02/01/2012 02/03/2012 02/07/2012 $0.1315 -- -- -- $0.1315
    12/28/2011 12/30/2011 01/04/2012 $0.1300 -- -- -- $0.1300
    12/01/2011 12/05/2011 12/07/2011 $0.1342 -- -- -- $0.1342
    11/01/2011 11/03/2011 11/07/2011 $0.1400 -- -- -- $0.1400
    10/03/2011 10/05/2011 10/07/2011 $0.1440 -- -- -- $0.1440
    09/01/2011 09/06/2011 09/08/2011 $0.1490 -- -- -- $0.1490
    08/01/2011 08/03/2011 08/05/2011 $0.1426 -- -- -- $0.1426
    07/01/2011 07/06/2011 07/08/2011 $0.1400 -- -- -- $0.1400
    06/01/2011 06/03/2011 06/07/2011 $0.1500 -- -- -- $0.1500
    05/02/2011 05/04/2011 05/06/2011 $0.1430 -- -- -- $0.1430
    04/01/2011 04/05/2011 04/07/2011 $0.1450 -- -- -- $0.1450
    03/01/2011 03/03/2011 03/07/2011 $0.1800 -- -- -- $0.1800
    02/01/2011 02/03/2011 02/07/2011 $0.1480 -- -- -- $0.1480
    12/29/2010 12/31/2010 01/05/2011 $0.1450 $0.1820 $0.0380 -- $0.3650
    12/01/2010 12/03/2010 12/07/2010 $0.1530 -- -- -- $0.1530
    11/01/2010 11/03/2010 11/05/2010 $0.1400 -- -- -- $0.1400
    10/01/2010 10/05/2010 10/07/2010 $0.1460 -- -- -- $0.1460
    09/01/2010 09/03/2010 09/08/2010 $0.1460 -- -- -- $0.1460
    08/02/2010 08/04/2010 08/06/2010 $0.1400 -- -- -- $0.1400
    07/01/2010 07/06/2010 07/08/2010 $0.1320 -- -- -- $0.1320
    06/01/2010 06/03/2010 06/07/2010 $0.1490 -- -- -- $0.1490
    05/03/2010 05/05/2010 05/07/2010 $0.1620 -- -- -- $0.1620
    04/01/2010 04/06/2010 04/08/2010 $0.1470 -- -- -- $0.1470
    03/01/2010 03/03/2010 03/05/2010 $0.1410 -- -- -- $0.1410
    02/01/2010 02/03/2010 02/05/2010 $0.1550 -- -- -- $0.1550
    12/29/2009 12/31/2009 01/05/2010 $0.1610 -- -- -- $0.1610
    12/01/2009 12/03/2009 12/07/2009 $0.1390 -- -- -- $0.1390
    11/02/2009 11/04/2009 11/06/2009 $0.1550 -- -- -- $0.1550
    10/01/2009 10/05/2009 10/07/2009 $0.1540 -- -- -- $0.1540
    09/01/2009 09/03/2009 09/08/2009 $0.1600 -- -- -- $0.1600
    08/03/2009 08/05/2009 08/07/2009 $0.1600 -- -- -- $0.1600
    07/01/2009 07/06/2009 07/08/2009 $0.1550 -- -- -- $0.1550
    06/01/2009 06/03/2009 06/05/2009 $0.1620 -- -- -- $0.1620
    05/01/2009 05/05/2009 05/07/2009 $0.1600 -- -- -- $0.1600
    04/01/2009 04/03/2009 04/07/2009 $0.1540 -- -- -- $0.1540
    03/02/2009 03/04/2009 03/06/2009 $0.1750 -- -- -- $0.1750
    *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.
  • Calendar Year Returns (%) as of 12/31/2015

  • NAV History
    as of 08/31/16

  • Best & Worst
    Quarter Returns (%)
    as of 06/30/16

    • 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.