SHYD: Weak Muni Bond ETF, Better Choices Out There

SHYD is a short-term municipal bond index ETF. Although its income is tax-exempt, it only yields 3.5%. For most investors, other funds offer much higher after-tax yields. Alternatives include BOXX and HYD, both with higher yields and returns.

Seeking Alpha • Nov 20, 2025

SHYD - Perfectly Adequate, Just Not Good Enough I Think

SHYD targets short-term, lower-rated municipal bonds for higher yield, benefiting high-tax-bracket investors with federal tax-free income. The fund carries some liquidity and credit risk, but municipal default rates are historically very low, and the management fee is reasonable. SHYD has consistently underperformed its benchmark, and alternative funds like BYM or USFR offer better yields with similar or lower risk.

Seeking Alpha • May 30, 2025

Corporate vs. Municipal Bonds: Key Differences Every Investor Should Know

Compare corporate and municipal bonds, including risks, returns, and tax benefits. Learn which bond type fits your investment goals.

ETF Trends • Apr 20, 2025

Income Investing Playbook 2024: Navigating the New Interest Rate Regime

Yields have reset higher across fixed income markets, leaving bonds well positioned in a range of different economic and interest rate scenarios in 2024. Introduction to Income Investing Income investing is a strategy that aims to generate a steady stream of income from investments, typically through interest payments or dividends.

ETF Trends • Dec 16, 2023

SHYD: Short High Yield Muni ETF, Uncompelling Value Proposition

A reader asked for short-term municipal bond ETFs. SHYD is one such fund, focusing on high-yield muni bonds. The fund has tax-advantaged dividends, low credit, and interest rate risk.

Seeking Alpha • Jul 25, 2023

Why Income Investors Should Revisit Municipal Bond ETFs

Investors should consider the opportunities in the municipal bond market and turn to related exchange traded fund strategies to diversify back into this fixed income category.

ETF Trends • Jan 12, 2023

Opportunity Knocks With High Yield Muni Bonds

With aggregate bond indexes flailing this year at the hands of rising interest rates, fixed income investors are understandably frustrated and wary about the asset class at large. However, this year's turbulence could be giving way to opportunities in the bond market, including with municipal bonds.

ETF Trends • Nov 18, 2022

Muni Carnage Could Create Opportunity

Municipal bonds and the related exchange traded funds are languishing as interest rates rise, but a silver lining could materialize. While the first four months of 2022 have been rough on munis, some market observers believe that rare opportunity could avail itself in this corner of the bond market.

ETF Trends • May 2, 2022

VanEck to Transition Underlying Indexes for Several of Its Municipal Bond ETFs

NEW YORK--(BUSINESS WIRE)--VanEck announces plans to change underlying indexes tracked by some of the firm's municipal bond ETFs to new indexes from ICE Data Indices (“ICE”)

Business Wire • Dec 8, 2021

As Tax Talks Ramp Up, Investors Turning to High-Yield Munis

The Biden Administration is proposing significant increases to capital gains taxes, and while those levies are aimed at big earners and the wealthy, the debate is bringing renewed attention to tax-advantaged asset classes. That group includes municipal bonds.

ETF Trends • May 27, 2021