HYD - VanEck Vectors High-Yield Municipal ETF

BATS - BATS Delayed Price. Currency in USD
62.58
+0.28 (+0.45%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close62.30
Open62.45
Bid62.50 x 800
Ask0.00 x 900
Day's Range62.40 - 62.59
52 Week Range60.27 - 63.12
Volume404,049
Avg. Volume346,109
Net Assets2.45B
NAV62.53
PE Ratio (TTM)N/A
Yield4.39%
YTD Return2.83%
Beta (3Y Monthly)1.24
Expense Ratio (net)0.35%
Inception Date2009-02-04
  • 7 of the Best High-Yield Funds for 2019 and Beyond
    InvestorPlace5 days ago

    7 of the Best High-Yield Funds for 2019 and Beyond

    The search for high-yield funds is not as difficult as it was in the past, especially if you are looking in the ETF universe. However, choosing the best high-yield ETFs in 2019 may prove to be a challenge in the current economic environment.When investors are looking for high yields, they are typically looking for income from investments. This income can come from dividend stocks, high-yield bonds or a combination of both. High-yield ETFs can conveniently package together a targeted selection of high-yield securities that share one particular objective or as a broad, and diverse range of holdings in one, low-cost portfolio.Investors looking for the best high-yield ETFs for 2019 are wise to consider several funds from different categories and then choose one or a combination that works best for their personal investment objectives and portfolio.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Top 7 Service Sector Stocks That Will Pay You to Own Them With that backdrop in mind, and in no particular order, here are the best high-yield funds for 2019 and beyond: Best High-Yield ETFs: Vanguard High Dividend Yield ETF (VYM)Source: Shutterstock 12-Month Yield: 3.1% Expenses: 0.06% or $6 annually for every $10,000 investedInvestors looking for income from a low-cost ETF will like what they see in Vanguard High Dividend Yield (NYSEARCA:VYM).VYM tracks the FTSE High Dividend Yield Index, which consists of about 400 stocks of companies that pay above-average dividends to investors. This combination of low expenses and high yield from dividends can make for an outstanding equity addition to an income-producing portfolio.Digging down into the portfolio composition, the fund's holdings are U.S. stocks, 90% of which are large-caps, and the greatest sector exposure is to financial services, consumer defensive and healthcare stocks. Top holdings include Johnson & Johnson (NYSE:JNJ), JPMorgan Chase (NYSE:JPM) and Exxon Mobil (NYSE:XOM). iShares iBoxx $ High-Yield Corporate Bond ETF (HYG)12-Month Yield: 5.3% Expenses: 0.49%If you want to add one of the most widely traded high-yield ETFs on the market, iShares iBoxx $ High-Yield Corporate Bond ETF (NYSEARCA:HYG).HYG tracks the Markit iBoxx USD High Liquid Index. To achieve the high yields, the average credit quality of the bonds in the HYG portfolio is below investment grade (mostly BB and B rated) and the maturities average around 4.3 years, which puts it in the intermediate range (between three and 10 years). * 7 Small-Cap Stocks That Make the Grade Although the low credit quality makes for higher market risk compared to the aggregate bond index, the intermediate term maturities reduce interest rate risk when compared to long-term bonds, which is especially important in a rising rate environment. SPDR Bloomberg Barclays High-Yield Bond (JNK)12-Month Yield: 5.6% Expenses: 0.49%If you don't mind taking a bit more market risk for a higher-yielding bond fund, SPDR Bloomberg Barclays High-Yield Bond (NYSEARCA:JNK) should be on your radar.As this high-yield ETF's ticker suggests, JNK invests in bonds with credit quality below investment grade, which are also known as "junk bonds." While these bonds don't come from the bottom of the junk pile, they are all rated below BBB, 85% of which are at BB or B ratings.To boost yields higher, as much as 15% of the portfolio consists of non-U.S. bonds and the maturities average intermediate-term. Best High-Yield Funds for 2019: VanEck Vectors High-Yield Municipal Index (HYD)12-Month Yield: 4.4% Expenses: 0.35%Investors with taxable accounts may want to consider the tax advantages of a fund like VanEck Vectors High-Yield Municipal Index (NYSEARCA:HYD).HYD tracks the performance of the Bloomberg Barclays Municipal Custom High Yield Composite Index, which consists of U.S. high-yield, long-term, municipal bonds that offer tax-free income. * 15 Stocks That May Be Hurt by This Year's Big IPOs Investors in high tax brackets may especially find this high-yield ETF attractive. After factoring in the tax-free income at the Federal level, the tax-effective yield is higher than the 4.4% Yield. Alerian MLP (AMLP)12-Month Yield: 8.3% Expenses: 0.85%ETFs that invest in master limited partnerships are some of the highest-yielding funds on the market and one of the best MLP funds is Alerian MLP (NYSEARCA:AMLP).MLP funds invest in master limited partnerships, which typically focus on energy-related industries. MLPs are similar to REITs in that they are "pass through" investment vehicles that don't pay tax at the entity level and are required to pay out most of their current income to investors. However, when purchased through an ETF, investors can avoid the headache of complex tax filings and enjoy the high yields without the extra complexities.AMLP holds just 23 stocks, such as Magellan Midstream Partners (NYSE:MMP), Plains All American Pipeline (NYSE:PAA) and Enterprise Products Partners (NYSE:EPD). Invesco KBW High Dividend Yield Financial ETF (KBWD)Source: Shutterstock 12-Month Yield: 8.1% Expenses: 2.42%If you're willing to pay high expenses and accept above-average market risk to get high yields, Invesco KBW High Dividend Yield Financial ETF (NYSEARCA:KBWD) may be the right fund for you.KBWD tracks the KBW NASDAQ index, which consists of more than 90% financial services and real estate stocks that pay consistent dividends. Most of the portfolio is concentrated in small- and mid-cap stocks, which makes for greater market risk compared to dividend funds that focus on large-caps. * 7 Winning High-Yield Dividend Stocks With Payouts Over 5% The fund only holds 40 stocks, which makes it more concentrated than most ETFs, but this is part of the strategy to get the most out of a handful of high-yield stocks like top holdings Orchid Island Capital (NYSE:ORC), New York Mortgage Trust (NASDAQ:NYMT) and BlackRock Investment Capital Corp (NASDAQ:BKCC). First Trust Preferred Securities and Income ETF (FPE)SEC Yield: 5.39% Expenses: 0.85%Investors wanting a diverse mix of holdings in a high-yield ETF should take a close look at First Trust Preferred Securities and Income (NYSEARCA:FPE).The first quality that sets FPE apart from most high-yield ETFs is that the fund is actively managed. While it makes the fund a bit more expensive than passively managed ETFs, the management team has put in a solid performance history with above-average returns.The portfolio assets include preferred and convertible securities, as well as corporate bonds and high-yield bonds. It makes it a solid addition for anyone looking for some high-yield ETFs to consider.As of this writing, Kent Thune did not personally hold a position in any of the aforementioned securities. Under no circumstances does this information represent a recommendation to buy or sell securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Financial Stocks to Invest In Today * 7 Single-Digit P/E Stocks With Massive Upside * 5 Chip Stocks on the Rise Compare Brokers The post 7 of the Best High-Yield Funds for 2019 and Beyond appeared first on InvestorPlace.

  • Business Wire24 days ago

    Announcing VanEck Vectors ETFs’ February 2019 Distributions

    VanEck announced today its distributions per share for its VanEck Vectors® exchange-traded funds.

  • ETF Trends2 months ago

    Low Equity Returns for Rest of 2019 Could Spur Activity in High Yield

    U.S. equities rallied in 2019, but for investors who are just starting to get back into the stock market after a tumultuous year-end to 2018 could have missed the meat of the move, according to Goldman Sachs. As such, lower equity returns for the rest of 2019 could translate to more interest in high-yield options. If the U.S. capital markets are to continue its rally to start 2019, it may have to come from other sources as Goldman Sachs is forecasting lower returns for the rest of the year.

  • Business Wire2 months ago

    Announcing VanEck Vectors ETFs’ January 2019 Distributions

    VanEck announced today its regular distributions per share for the VanEck Vectors® municipal income and income-oriented exchange-traded funds.

  • ETF Trends2 months ago

    A Solid Corner of The Muni Market

    Even against the backdrop of four interest rate hikes by the Federal Reserve last year, some municipal bond strategies and ETFs delivered solid performances. Take the case of the VanEck Vectors High-Yield ...

  • Business Wire3 months ago

    Announcing VanEck Vectors ETFs' December 2018 Distributions

    VanEck announced today its regular distributions per share for the VanEck Vectors municipal income and income-oriented exchange-traded funds.

  • Business Wire3 months ago

    VanEck Announces Primary Listing Venue Change for Its Suite of VanEck Vectors® Municipal Income ETFs

    VanEck announced today its plan to change the primary listing venue of VanEck Vectors High-Yield Municipal Index ETF (HYD®), VanEck Vectors Short High-Yield Municipal Index ETF (SHYD®), VanEck Vectors AMT-Free Long Municipal Index ETF (MLN®), VanEck Vectors AMT-Free Intermediate Municipal Index ETF (ITM®), VanEck Vectors AMT-Free Short Municipal Index ETF (SMB®), VanEck Vectors Pre-Refunded Municipal Index ETF (PRB®), and VanEck Vectors CEF Municipal Income ETF (XMPT®) from NYSE Arca, Inc. ("NYSE Arca") to the Cboe BZX Exchange, Inc. ("Cboe").

  • Business Wire4 months ago

    Announcing VanEck Vectors ETFs’ November 2018 Distributions

    VanEck announced today its regular distributions per share for the VanEck Vectors® municipal income and income-oriented exchange-traded funds.

  • Business Wire4 months ago

    VanEck Announces Preliminary Yearend Distribution Estimates for VanEck Vectors Income ETFs

    VanEck announced today preliminary yearend distribution estimates for its VanEck Vectors® income exchange-traded funds.

  • Business Wire5 months ago

    Announcing VanEck Vectors ETFs’ October 2018 Distributions

    VanEck announced today its regular distributions per share for the VanEck Vectors® municipal income and income-oriented exchange-traded funds.

  • Business Wire5 months ago

    VanEck Announces Reverse Share Split of Three VanEck Vectors® ETFs

    VanEck Vectors® J.P. Morgan EM Local Currency Bond ETF , VanEck Vectors® AMT-Free Intermediate Municipal Index ETF , and VanEck Vectors® High-Yield Municipal Index ETF

  • ETF Trends6 months ago

    Rally in Muni Bond Puerto Rico Index Benefitting Two High-Yield ETFs

    The S&P Municipal Bond Puerto Rico Index has experienced a 26.41% bond performance uptick thus far this year, giving investors with an appetite for high yields food for thought when looking for fixed income opportunities in the municipal bond market. In particular, ETFs with exposure to Puerto Rico bonds have been benefitting from the rise in the index, such as the  VanEck Vectors Short High-Yield Muni ETF (SHYD) and the VanEck Vectors High-Yield Municipal ETF (HYD) . SHYD seeks to replicate the price and yield performance of the Bloomberg Barclays Municipal High Yield Short Duration Index.

  • Business Wire6 months ago

    Announcing VanEck Vectors ETFs’ September 2018 Distributions

    VanEck announced today its regular distributions per share for the VanEck Vectors® municipal income and income-oriented exchange-traded funds.

  • Business Wire7 months ago

    VanEck Lowers Expense Ratio on VanEck Vectors Green Bond ETF (GRNB)

    VanEck announced today that it has lowered the expense ratio on VanEck Vectors® Green Bond ETF (GRNB®). Effective September 1, the expense cap for GRNB was reduced from 0.40% to 0.30%.1 GRNB is the first and only U.S.-listed ETF providing targeted exposure to the fast-growing green bond market. Additionally, bonds must be flagged as “green” by the Climate Bonds Initiative (“CBI”), an investor-focused non-profit organization that is working to promote large-scale investment in the low carbon economy.

  • Business Wire7 months ago

    Announcing VanEck Vectors ETFs’ August 2018 Distributions

    VanEck announced today its regular distributions per share for the VanEck Vectors® municipal income and income-oriented exchange-traded funds.

  • ETF Trends7 months ago

    High-Yield Muni ETFs Will Continue to Shine

    Favorable fundamentals will continue to support the municipal bond market, especially for high-yield munis and related ETFs. "We believe market technicals to be especially supportive of the high yield market. As one of the few bright spots in fixed income globally, muni high yield performance this year has been of particular note," Michael Cohick, Senior ETF Product Manager for Vaneck, said in a research note.

  • Benzinga7 months ago

    'Positive Indicators' For High-Yield Municipal Bonds Could Benefit This ETF

    Broadly speaking, municipal bonds are often viewed as conservative instruments, but there are ways for investors to add some spice to this asset class without incurring alarming levels of risk. HYD is up about 3 percent year-to-date, while the widely followed, investment-grade S&P National AMT-Free Municipal Bond Index is off 0.5 percent. The $2.6-billion HYD is the largest exchange traded fund dedicated to non-investment-grade municipal bonds.

  • Business Wire8 months ago

    Announcing VanEck Vectors ETFs’ July 2018 Distributions

    VanEck announced today its regular distributions per share for the VanEck Vectors® municipal income and income-oriented exchange-traded funds.

  • 7 Best Retirement Funds to Hold Forever
    InvestorPlace8 months ago

    7 Best Retirement Funds to Hold Forever

    Investing for retirement usually means investing for the long term. While long-term investing should include individual stocks, low-cost exchange-traded funds (ETFs) and index funds should also be part of the equation.

  • Business Wire9 months ago

    Announcing VanEck Vectors ETFs’ June 2018 Distributions

    VanEck announced today its regular distributions per share for the VanEck Vectors® municipal income and income-oriented exchange-traded funds.

  • What Factors Could Affect Municipal Bonds’ Performance This Year?
    Market Realist9 months ago

    What Factors Could Affect Municipal Bonds’ Performance This Year?

     I think that price performance is going to auger well. COHICK: VanEck offers a variety of municipal bond ETFs, three based on the segmentation of the investment grade yield curve as well as three based on credit quality. Despite the rough performance of muni bonds (HYD) (MLN) in the first few months this year, as an asset class, they continue to be a source of high-quality tax-exempt income.

  • Tobacco Bonds Have Flourished This Year
    Market Realist9 months ago

    Tobacco Bonds Have Flourished This Year

    Are there other market dynamics that might be positive or negative for the asset class?  Already we’ve seen some $3 billion of tobacco bonds taken out of the high yield portfolios by a refinancing, which has had the impact of raising the prices of the remaining securities in the high yield space, which actually accounts for the strong performance in high yield on a relative basis. Tobacco bonds are one of the largest, most liquid, and highest yielding segments in the municipal bond space (HYD) (ITM) (SMB).

  • How the Federal Reserve Has Affected the Fixed Income Market
    Market Realist9 months ago

    How the Federal Reserve Has Affected the Fixed Income Market

    The other features of the marketplace that you need to know about are controlled really by the Federal Reserve. The action the Federal Reserve has taken so far this year and what they propose to do with raising rates through the balance of this year—maybe two, three more times—has put pressure on investment grade and put pressure on the municipal yield curve. The March 2018 FOMC (or Federal Open Market Committee) meeting was closely watched, as it was Jerome Powell’s first meeting as chair of the committee.

  • 2018 Fixed Income Outlook: Why Munis Are Getting Attention
    Market Realist9 months ago

    2018 Fixed Income Outlook: Why Munis Are Getting Attention

    MICHAEL COHICK: So far this year, most fixed-income investments have struggled to offer investors positive performance. Based on recent flow data, it appears investors are once again taking note of this important diversifying asset class. COLBY: Well, Mike, here’s what you need to know: the municipal market operates on a model of supply and demand.

  • ETF Trends10 months ago

    Bond Investors Should Keep an Eye on Muni ETFs

    Fixed-income assets have stumbled this year, but bond investors may still find value in municipal debt and related muni ETFs. Michael Cohick, Senior Product Manager for VanEck, said most fixed-income investments have struggled to offer investors positive performance so far in 2018. "Issuance of new municipal bonds year-to-date is down some 15 to 20 percent from year ago.