Investors should take a look at these high-yield bond ETFs with tax advantages, Bank of America says
Trade with 70% Backtested Accuracy
Analyst Views on HYD
No data
About the author
VanEck Vectors High-Yield Municipal Index ETF announces monthly payout of $0.1851
VanEck Vectors High-Yield Municipal Index ETF (HYD)
- Current Dividend: The VanEck Vectors High-Yield Municipal Index ETF (HYD) has declared a dividend of $0.1851.
- Yield Information: As of August 29, the 30-Day SEC Yield stands at 4.73%.
- Payment Details: The dividend is payable on September 5, with shareholders of record on September 2, and the ex-dividend date also on September 2.
Investment Insights
- Contrarian Play: The HYD ETF is viewed as a clear contrarian investment opportunity, suggesting potential for growth in high-yield municipal bonds.
- Rating Upgrade: The ETF has received a rating upgrade, indicating improved confidence in its performance.
- Strong Buy Recommendation: Analysts are recommending the HYD ETF as a strong buy, reflecting positive sentiment in the market.
Performance Metrics
- Seeking Alpha's Quant Rating: The ETF has been evaluated by Seeking Alpha, which provides a quant rating that reflects its investment potential.
- Dividend Scorecard: The VanEck High Yield Muni ETF has a favorable dividend scorecard, highlighting its reliability in providing returns to investors.
Now’s the Time to Park Cash in Muni Funds. How to Play It.
Current Opportunities in Municipal Bonds: Investors are finding attractive yield opportunities in municipal-bond funds, with pretax yields for high-credit-quality issues ranging from 3% to 3.5%, and effective yields for high-income earners potentially reaching 6% to 7% due to tax exemptions.
Market Outlook and Economic Factors: The municipal market is supported by strong fiscal health of municipalities and significant reserve funds, making it a viable option for diversification amidst economic uncertainties and potential interest rate changes.
HYD Crosses Below Key Moving Average Level
52 Week Range of HYD: The 52-week low for HYD is $47.425 per share, while the high is $53.10, with the last trade recorded at $51.95.
Market Analysis Insight: The article mentions other ETFs that have recently fallen below their 200-day moving average, indicating potential market trends.
This Looks Like a Great Time to Buy High-Yield Municipal Bond Funds.
This Looks Like a Great Time to Buy High-Yield Municipal Bond Funds.
Investors should take a look at these high-yield bond ETFs with tax advantages, Bank of America says
VanEck Vectors High-Yield Municipal Index ETF announces monthly payout of $0.1851
VanEck Vectors High-Yield Municipal Index ETF (HYD)
- Current Dividend: The VanEck Vectors High-Yield Municipal Index ETF (HYD) has declared a dividend of $0.1851.
- Yield Information: As of August 29, the 30-Day SEC Yield stands at 4.73%.
- Payment Details: The dividend is payable on September 5, with shareholders of record on September 2, and the ex-dividend date also on September 2.
Investment Insights
- Contrarian Play: The HYD ETF is viewed as a clear contrarian investment opportunity, suggesting potential for growth in high-yield municipal bonds.
- Rating Upgrade: The ETF has received a rating upgrade, indicating improved confidence in its performance.
- Strong Buy Recommendation: Analysts are recommending the HYD ETF as a strong buy, reflecting positive sentiment in the market.
Performance Metrics
- Seeking Alpha's Quant Rating: The ETF has been evaluated by Seeking Alpha, which provides a quant rating that reflects its investment potential.
- Dividend Scorecard: The VanEck High Yield Muni ETF has a favorable dividend scorecard, highlighting its reliability in providing returns to investors.
Now’s the Time to Park Cash in Muni Funds. How to Play It.
Current Opportunities in Municipal Bonds: Investors are finding attractive yield opportunities in municipal-bond funds, with pretax yields for high-credit-quality issues ranging from 3% to 3.5%, and effective yields for high-income earners potentially reaching 6% to 7% due to tax exemptions.
Market Outlook and Economic Factors: The municipal market is supported by strong fiscal health of municipalities and significant reserve funds, making it a viable option for diversification amidst economic uncertainties and potential interest rate changes.
HYD Crosses Below Key Moving Average Level
52 Week Range of HYD: The 52-week low for HYD is $47.425 per share, while the high is $53.10, with the last trade recorded at $51.95.
Market Analysis Insight: The article mentions other ETFs that have recently fallen below their 200-day moving average, indicating potential market trends.
This Looks Like a Great Time to Buy High-Yield Municipal Bond Funds.
This Looks Like a Great Time to Buy High-Yield Municipal Bond Funds.
Investors should take a look at these high-yield bond ETFs with tax advantages, Bank of America says
