VanEck Vectors High Yield Price, Forecast, Insider, Ratings, Fundamentals & Signals

Bucking the zeitgeist on bonds.

Fund investors were net purchasers of fixed income funds (+$3.9 billion), commodity funds (+$220 million), and alternatives funds (+$68 million). For the week, the Treasury yield rose at the long end of the curve, with the 20- and 30-year yields witnessing the largest increases, rising 10 basis points (bps) to 4.52% and 4.41%, respectively.

Nuveen High Yield Muni: Generational Opportunity In Muni CEFs

By Dylan Desai, Associate Product Manager This blog addresses frequently asked questions on high-yield municipal bonds and the VanEck High Yield Muni ETF (HYD). This blog is intended to answer frequently asked questions on high-yield municipal bonds and, more specifically, the VanEck High Yield Muni ETF (HYD).

Yields have reset higher across fixed income markets, leaving bonds well positioned in a range of different economic and interest rate scenarios in 2024. Introduction to Income Investing Income investing is a strategy that aims to generate a steady stream of income from investments, typically through interest payments or dividends.

The article evaluates the VanEck Vectors High Yield Municipal Index ETF (HYD) as an investment option at its current market price. I prefer HYD over leveraged CEF options to reach for more income in the muni sector. This is because the yield curve remains inverted, challenging the expenses those CEFs will charge. I recommend holding HYD in a portfolio due to its make-up and diversity. But this is particularly true for individuals with high tax rates.

Muni  bonds haven't been spared in what's shaping up to be another year of weakness for the broader bond market. For example, the widely followed ICE AMT-Free US National Municipal Index is down 1.07% year-to-date as of Nov. 3.

ETFs AAXJ and HYD traded with an elevated volume on Friday's trading session.

The widely followed ICE AMT-Free US National Municipal Index is higher by 1.17% year-to-date, indicating 20-year high interest rates aren't sapping muni bonds as they did last year. It's not clear that the Federal Reserve is done tightening this year.

VanEck High Yield Muni ETF offers investors a tax-exempt 4.0% dividend yield and potential capital gains if interest rates stabilize. The fund's credit risk is low, but it experiences high volatility and trades alongside riskier funds. Interest rate risk is high. An overview of the fund follows.