VanEck Short High Yield Muni ETF (SHYD) is an exchange-traded fund in the High Yield Muni category. It has $457.29M in assets, an expense ratio of 0.32% and a 3.63% dividend yield. The fund normally invests at least 80% of its total assets in securities that comprise the benchmark index. The index is composed of publicly traded municipal bonds that cover the U.S. dollar denominated high yield short-term tax-exempt bond market.