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Market Vectors High-Yield Municipal Index ETF (HYD)

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HYD Description
The High-Yield Municipal Index ETF (HYD) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Barclays Capital Municipal Custom High Yield Composite Index. HYD is the nation’s first ETF to focus on high-yield munis, and tracks an index that has a 25% weighting in investment-grade triple-B bonds and 75% weighting in non-investment grade bonds. In addition, 75% of the index is in bonds issued as part of transactions of at least $100 million in size.
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Country: United States
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