VanEck Short High Yield Municipal Fund logo

VanEck Short High Yield Municipal Fund (SHYD)

Market Closed
1 Sep, 19:59
BATS BATS
$
22. 53
-0.13
-0.5737%
$
452.79M Market Cap
0.25% Div Yield
99,616 Volume
$ 22.66
Previous Close
Add Transaction
Day Range
22.48 22.57
Year Range
22.49 24.03
Want to track SHYD and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
SHYD: Weak Muni Bond ETF, Better Choices Out There

SHYD: Weak Muni Bond ETF, Better Choices Out There

SHYD is a short-term municipal bond index ETF. Although its income is tax-exempt, it only yields 3.5%. For most investors, other funds offer much higher after-tax yields. Alternatives include BOXX and HYD, both with higher yields and returns.

Seekingalpha | 9 months ago
SHYD - Perfectly Adequate, Just Not Good Enough I Think

SHYD - Perfectly Adequate, Just Not Good Enough I Think

SHYD targets short-term, lower-rated municipal bonds for higher yield, benefiting high-tax-bracket investors with federal tax-free income. The fund carries some liquidity and credit risk, but municipal default rates are historically very low, and the management fee is reasonable. SHYD has consistently underperformed its benchmark, and alternative funds like BYM or USFR offer better yields with similar or lower risk.

Seekingalpha | 1 year ago