ETF Trends CEO Tom Lydon discussed the VanEck Vectors High-Yield Municipal Index ETF (HYD) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show.

HYD seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Bloomberg Barclays Municipal Custom High Yield Composite Index, which is intended to track the overall performance of the U.S. dollar denominated high yield long-term tax-exempt bond market. HYD is expected to pay monthly dividends.