# VanEck Short High Yield Muni ETF (SHYD): ETF Facts & Distributions

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- Issuer: VanEck · Asset class: Multi-Asset
- Strategy: Passive Index · Inception: 2014-01-13

VanEck ETF Trust - VanEck Short High Yield Muni ETF is an exchange traded fund launched and managed by Van Eck Associates Corporation. The fund invests in fixed income markets of the United States. It invests in municipal bonds that cover the U.S. dollar denominated high yield short-term tax-exempt bond market with a maturity of 1 to 12 years. It seeks to track the performance of the ICE 1-12 Year Broad High Yield Crossover Municipal Index, by using representative sampling technique. VanEck ETF Trust - VanEck Short High Yield Muni ETF was formed on January 13, 2014 and is domiciled in the U...

## Key Facts

| Metric | Value |
|---|---|
| Price | $22.53 |
| Expense Ratio | 0.32% |
| Assets Under Management | $500.1M |
| NAV | $22.32 |
| Holdings Count | 548 |
| Distribution Yield (TTM) | 3.65% |
| Annual Distribution (TTM) | $0.82 /share |
| Distribution Frequency | Monthly |
| 52-Week Range | $21.75 – $24.03 |
| Beta | 0.55 |

## Latest Distribution

- Amount: $0.0639 /share
- Ex-date: 2026-10-01
- Pay date: 2026-10-06

## Frequently Asked Questions

### What does SHYD invest in?

VanEck ETF Trust - VanEck Short High Yield Muni ETF is an exchange traded fund launched and managed by Van Eck Associates Corporation. The fund invests in fixed income markets of the United States. It invests in municipal bonds that cover the U.S. dollar denominated high yield short-term tax-exempt bond market with a maturity of 1 to 12 years. It seeks to track the performance of the ICE 1-12 Year Broad High Yield Crossover Municipal Index, by using representative sampling technique. VanEck ETF Trust - VanEck Short High Yield Muni ETF was formed on January 13, 2014 and is domiciled in the United States.

### What is the expense ratio of SHYD?

VanEck Short High Yield Muni ETF (SHYD) charges an expense ratio of 0.32%. This is the annual fee deducted from fund assets to cover management and operations.

### What is SHYD's dividend yield?

SHYD's trailing-twelve-month yield is 3.65%, calculated from the sum of dividends over the past year divided by the current price.

### How big is SHYD?

VanEck Short High Yield Muni ETF (SHYD) manages $500.1M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

### Is SHYD actively managed or an index fund?

SHYD is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (SHYD's is 0.32%) because there's no security selection cost.

### When was SHYD launched?

VanEck Short High Yield Muni ETF (SHYD) launched in January 2014 and is managed by VanEck.

### Does SHYD pay a dividend?

Yes, VanEck Short High Yield Muni ETF (SHYD) distributes dividends to shareholders. The trailing-twelve-month yield is 3.65%. Full dividend history is on this page.

### How often does SHYD pay dividends?

VanEck Short High Yield Muni ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### When is SHYD's next ex-dividend date?

The most recently announced ex-dividend date for SHYD was 2026-10-01. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page.

### How much will SHYD's expense ratio cost me over 30 years?

On a $10,000 investment compounding at 7% gross return, a 0.32% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees.

### How does SHYD charge its expense ratio?

The expense ratio is deducted in tiny daily slices from SHYD's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price.

### Why does SHYD cost more than a fund like VOO?

SHYD is a passive index fund (current expense ratio 0.32%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM).

### Are there cheaper alternatives to SHYD?

The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as SHYD (0.32%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/funds/shyd
- Distribution history: https://www.dividenddata.com/funds/shyd/dividend
- Holdings & diversification: https://www.dividenddata.com/funds/shyd/diversification
- Fees & cheaper alternatives: https://www.dividenddata.com/funds/shyd/expenses
- Peer comparison: https://www.dividenddata.com/funds/shyd/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.