HYD's largest holdings are Puerto Rico Sales Tax Financing Corp Sales Tax Revenue, Buckeye Tobacco Settlement Financing Authority, TOBACCO SETTLEMENT FIN CORP NJ, Chicago Board of Education, New York Transportation Development Corp. The full top list is on this page.

How concentrated is HYD?

The top 10 holdings are 7.0% of the fund, across 1,912 positions.

The total expense ratio on record is 0.32%. That is cheaper than 44% of the 864 US-listed bond funds we track.

US-listed

HYD

Seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ICE Broad High Yield Crossover Municipal Index.

VanEck High Yield Muni ETF

VanEck

1,912 holdings as of 2026-04-30 · top 10 = 7.0% · TER 0.32%

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Concentration

Well diversifiedtop 10 = 7.0%

diversifiedconcentrated

GROWTH · PRICE DEVELOPMENTrebased to 0%

Holdings

1,912

as of 2026-04-30

Top 10

7.0%

TER

0.32%

cheaper than 44% of peers

Net assets

US$4.16B

Largest

1.0%

P / E

–

Sections

Holdings as of 2026-04-30.

01Overview

the fund's regulatory facts

Fund currency

USD

Volatility 1Y

4.2%

Tracked index

ICE Broad High Yield Crossover Municipal Index

How it tracks

Index, sampling

02Performance

market price return · as of 2026-09-02

-1.0%

-3.4%

-2.7%

YTD

-3.1%

+0.5%

03Holdings

50 largest · as of 2026-04-30

#	Company	Identifier	Weight
1	Puerto Rico Sales Tax Financing Corp Sales Tax Revenue US	PRCGEN	1.0
2	Buckeye Tobacco Settlement Financing Authority US	BUCGEN	0.9
3	TOBACCO SETTLEMENT FIN CORP NJ US	TOBGEN	0.8
4	Chicago Board of Education US	CHIEDU	0.7
5	New York Transportation Development Corp US	US650116AR77	0.7
6	Puerto Rico Sales Tax Financing Corp Sales Tax Revenue US	US74529JPW98	0.7
7	Chicago Board of Education US	US167505QR08	0.6
8	Florida Development Finance Corp US	US340618DR59	0.6
9	New York Transportation Development Corp US	US650116AV89	0.5
10	City of Houston TX Airport System Revenue US	HOUAPT	0.5
11	Arkansas Development Finance Authority US	US04110FAA30	0.5
12	Puerto Rico Sales Tax Financing Corp Sales Tax Revenue US	PRCGEN	0.5
13	Iowa (State of) Finance Authority (Alcoa, Inc.) US	US46246SAE54	0.5
14	Florida Development Finance Corp US	FLSDEV	0.5
15	California Municipal Finance Authority US	CASFIN	0.5
16	Chicago Board of Education US	US167505TJ54	0.5
17	PUBLIC FIN AUTH WI TOLL REVENU US	PUBTRN	0.5
18	California Municipal Finance Authority US	US13048VBY39	0.5
19	Florida Development Finance Corp US	US340618DW45	0.4
20	County of Jefferson AL Sewer Revenue US	JEFUTL	0.4
21	Metropolitan Pier & Exposition Authority US	US592250DM38	0.4
22	NEW YORK ST LIBERTY DEV CORP L US	US649519DA03	0.4
23	California Statewide Communities Development Authority US	US13080SMJ05	0.4
24	Public Finance Authority US	US74448UAA60	0.4
25	New York Transportation Development Corp US	NYTTRN	0.4
26	Mission Economic Development Corp US	US605156AC20	0.4
27	Massachusetts Development Finance Agency US	MASDEV	0.4
28	KENTUCKY ST PUBLIC ENERGY AUTH US	KYSPWR	0.4
29	DALLAS-FORT WORTH TX INTERNATI US	US23503CGH43	0.4
30	California Statewide Communities Development Authority US	US13080SML50	0.4
31	City & County of Denver CO US	US249271GV36	0.3
32	Commonwealth of Puerto Rico US	US74514L3K10	0.3
33	Commonwealth of Puerto Rico US	PRC	0.3
34	Chicago Board of Education US	US167505TK28	0.3
35	DESERTXPRESS ENTERPRISES LLC US	CASDEV	0.3
36	Commonwealth of Puerto Rico US	US74514L3L92	0.3
37	Puerto Rico Sales Tax Financing Corp Sales Tax Revenue PR	PRCGEN	0.3
38	California Community Choice Financing Authority US	US13013JCS33	0.3
39	Baldwin County Industrial Development Authority US	US05786PAA12	0.3
40	California Statewide Communities Development Authority US	US13080SEX80	0.3
41	NEW YORK ST TRANSPRTN DEV CORP US	US650116AQ94	0.3
42	Greater Orlando Aviation Authority US	US39227AAD46	0.3
43	CALIFORNIA CMNTY CHOICE FING A US	US13013JCB08	0.3
44	GOLDEN ST TOB SECURTZN CORP CALIF TOB SETTLEMENT REV US	GLDGEN	0.3
45	Commonwealth of Puerto Rico US	PRC	0.3
46	Oklahoma Development Finance Authority US	US67884XCH89	0.3
47	Metropolitan Pier & Exposition Authority US	US592250AQ78	0.3
48	Chicago Board of Education US	CHIEDU	0.3
49	Puerto Rico Sales Tax Financing Corp Sales Tax Revenue US	US74529JPV16	0.3
50	New York Transportation Development Corp US	US650116HV17	0.3

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04Exposure

Bonds 100.0%

By country

USUnited States94.8%

PRPR0.4%

CurrencyUSD 94.8%

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