Morningstar

VanEck Short High Yield Muni ETF SHYD

Morningstar Medalist Rating
Medalist Rating as of | See VanEck Investment Hub

Morningstar’s Analysis SHYD

Will SHYD outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SHYD’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SHYD management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of SHYD’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

VanEck Short High Yield Muni ETF holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings SHYD

More SHYD Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Us Dollar

3.56 17M
Cash and Equivalents

CALIFORNIA MUN FIN AUTH SPL FAC REV 4%

1.45 7M
municipal

CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 12%

1.08 5M
municipal

PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 5.25%

1.08 5M
municipal

MISSION TEX ECONOMIC DEV CORP REV 4.75%

0.99 5M
municipal

PUERTO RICO COMWLTH 5.75%

0.88 4M
municipal

DENVER COLO CITY & CNTY SPL FACS ARPT REV 5%

0.82 4M
municipal

PUERTO RICO COMWLTH 4%

0.80 4M
municipal

CHICAGO ILL BRD ED 5%

0.79 4M
municipal

GREATER ORLANDO AVIATION AUTH ORLANDO FLA SPL PURP ARPT FACS REV 5.5%

0.78 4M
municipal

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