VanEck High is trading at 52.32 as of the 21st of November 2024, a 0.08 percent decrease since the beginning of the trading day. The etf's lowest day price was 52.29. VanEck High has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for VanEck High Yield are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its total assets in securities that comprise the benchmark index. Vaneck High is traded on BATS Exchange in the United States. More on VanEck High Yield
VanEck High Yield [HYD] is traded in USA and was established 2009-02-04. The fund is classified under High Yield Muni category within VanEck family. The entity is thematically classified as Municipals ETFs. VanEck High Yield currently have 2.74 B in assets under management (AUM). , while the total return for the last 3 years was -1.7%.
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Top VanEck High Yield Etf Constituents
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%
2.53%
FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 7.38%
0.68%
FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 6.5%
0.7900001%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75%
0.6%
CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REV 5%
0.6%
METROPOLITAN PIER & EXPOSITION AUTH ILL REV 4%
0.5%
NEW YORK LIBERTY DEV CORP LIBERTY REV 5%
0.64999997%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%
0.88%
FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 6.38%
0.49%
FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 7.375%
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in VanEck High. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether VanEck High Yield is a strong investment it is important to analyze VanEck High's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact VanEck High's future performance. For an informed investment choice regarding VanEck Etf, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VanEck High Yield. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of VanEck High Yield is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck High's value that differs from its market value or its book value, called intrinsic value, which is VanEck High's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VanEck High's market value can be influenced by many factors that don't directly affect VanEck High's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VanEck High's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck High's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.