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MARKET VECTORS HIGH-YIELD MUNICIPAL ETF: (HYD)

(Market Close from AMEX) As of Dec 24, 2014 03:58 PM ET

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$30.93 USD

30.93
266,416

+0.05 (0.16%)

Volume: 266,416

Zacks ETF Rank: 3 - Hold [?]     3    

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

ETF Quote Details

Previous Close 30.88
Open 30.89
Bid 30.70
Ask 37.42
Day Low-High 30.81-30.95
52wk Low-High 28.05-31.42
Volume 266,416
NAV (month end) 30.85
Premium (+)/Discount (-) (month end)+0.03

Zacks Premium Research for HYD

Zacks ETF Rank [?] Hold 3
ETF Risk [?] High
ETF Research Report

Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

ETF Expense Ratio

Expense Ratio 0.35%
Dividend (Yield) $1.54 (4.99%)
Issuer VAN ECK

Benchmark for HYD

BARCLAYS MUNI CUSTOM HIGH YIELD COMP IND

This benchmark index is calculated using a market value weighting methodology and it tracks the high yield municipal bond market with a 75% weight in non-investment grade municipal bonds and a 25% weight in Baa/BBB-rated investment grade municipal bonds for liquidity and balance.

Fund Summary for HYD

MARKET VECTORS HIGH-YIELD MUNICIPAL ETF

It seeks to replicate as closely as possible, before fees & expenses, the price & 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,& tracks an index that has a 25% weighting in investment-grade triple-B bonds & 75% weighting in non-investment grade bonds.