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Posted by
Two Blokes Jun 26 -
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Stock
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VanEck High Yield Muni ETF offers attractive, tax-free income, strong yield, liquidity, and broad diversification, making it compelling for taxable portfolios. HYD's current 4.67% SEC yield translates to a much higher tax-equivalent yield, especially for high earners, with lower default risk than high-yield corporates. Potential Fed rate cuts could boost HYD's price, offering both income and capital gains; the current price is below historical highs, adding upside potential.
