Name of ETF: Market Vectors Short High-Yield Municipal Index ETF
Benchmark Index: Barclays Municipal High Yield Short Duration Index
Ticker Symbol: SHYD
ETF Overview:
- Type of Bond: Short-term, high yield municipal bonds.
- Approximate Number of Holdings: 260
- Maturity: Bonds in this ETF have maturity dates between one and ten years.
- Credit Quality: There is a mix of investment grade and non-investment grade bonds. The majority of the bonds have a credit rating between B and BBB.
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