VanEck High Yield Muni ETF

BATS: HYD
$51.15
-$0.24 (-0.5%)
Closing price April 25, 2024
VanEck High Yield Muni ETF is a fund that focuses on investing in high yield municipal bonds in the U.S., aiming to provide tax-exempt income. Managed by Van Eck Associates Corporation, it targets the performance of the ICE High Yield Crossover Municipal Index. This ETF offers investors exposure to a selection of municipal bonds, using a representative sampling strategy to achieve its investment goals. Launched in 2009, it's a choice for those seeking income from municipal bonds.
When stock market turmoil and economic turmoil coincide into a perfect storm, it turns out that the high-yield sector in corporate bonds, municipal bonds and emerging market bonds tend to get gutted.