Daily Price as of 05/30/23
| NAV†| DAILY CHANGE |
|---|---|
| $13.30 |
$-0.18 / -1.34%
|
Class I Details: EMRIX
| INCEPTION DATE | GROSS/NET EXPENSES1 |
|---|---|
| 12/31/07 | 1.19%/1.01% |
Fund Literature
Fund Summary and Key Points
The VanEck Emerging Markets Fund (the "Fund") seeks long-term capital appreciation by investing in equity securities in emerging markets around the world.
- A global emerging markets equity portfolio focused on companies with growth potential at a reasonable price (“GARP”)
- A bottom-up investment process driven by fundamental research into the sustainability of a company’s growth drivers
- Growth is oriented toward strong secular stories, many of which reflect domestic demand themes and are often found in smaller-capitalization stocks
Making the Investment Case for Emerging Markets
Fund Details
as of 04/30/23
-
Net Assets (All Classes)$919.6M
-
Number of Holdings85
-
Avg. Wtd. Market Cap$12.0B
-
Turnover Rate (2022)11.1%
-
P/E (LTM) / P/E (Forward)12.7 / 13.2
-
P/B (LTM)2.3
-
Benchmark IndexMSCI EM IMI
*Price-to-Earnings (P/E) ratio is the price of a stock divided by its earnings per share. Price-to-Book (P/B) ratio is the ratio of a stock's price to its book value.
Investment Style Box
This investment style box is based on the Fund's overall targeted capitalization range and relative valuation as determined by VanEck.
Performance History: Average Annual Total Returns* (%)
|
|
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE (12/31/07) |
|---|---|---|---|---|---|---|---|---|
| VanEck Emerging Markets Fund: Class I | ||||||||
|
At Net Asset Value
|
0.22 | -6.56 | 2.29 | 1.21 | -1.05 | -4.11 | 0.77 | -- |
|
MSCI EM IMI2
|
-0.90 | -4.30 | 3.01 | -6.40 | 5.57 | -0.68 | 1.95 | -- |
|
MSCI EM Index2
|
-1.13 | -4.74 | 2.78 | -6.51 | 4.33 | -1.05 | 1.80 | -- |
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE (12/31/07) |
|
|---|---|---|---|---|---|---|---|---|
| VanEck Emerging Markets Fund: Class I | ||||||||
| At Net Asset Value | 0.23 | 2.06 | 2.06 | -5.84 | 2.20 | -4.78 | 1.05 | -- |
| MSCI EM IMI2 | 2.75 | 3.94 | 3.94 | -10.74 | 9.18 | -0.58 | 2.13 | -- |
| MSCI EM Index2 | 3.03 | 3.96 | 3.96 | -10.70 | 7.83 | -0.91 | 2.00 | -- |
Top 10 Holdings (%)
| HOLDINGS |
SECTOR
|
% OF NET ASSETS |
|---|---|---|
| Taiwan Semiconductor Manufacturing Co., Ltd. |
Information Technology
|
5.6 |
| Reliance Industries Limited |
Energy
|
5.2 |
| Prosus N.V. Class N | 4.9 | |
| HDFC Bank Limited |
Financials
|
4.9 |
| MercadoLibre, Inc. | 4.2 | |
| Bank of Georgia Group Plc |
Financials
|
3.8 |
| Kaspi.kz JSC Sponsored GDR RegS |
Financials
|
3.3 |
| International Container Terminal Services, Inc. |
Industrials
|
3.2 |
| Vamos Locacao de Caminhoes, Maquinas e Equipamentos SA | 3.0 | |
| Samsung Electronics Co Ltd Pfd Non-Voting |
Information Technology
|
2.7 |
| Top 10 Total | 40.8 | |
Sector Weightings (%)
as of 04/30/23
| SECTOR | % OF NET ASSETS |
|---|---|
| Financials | 22.6 |
| Consumer Discretionary | 20.9 |
| Industrials | 15.7 |
| Information Technology | 13.3 |
| Health Care | 6.9 |
| Energy | 5.9 |
| Materials | 4.2 |
| Real Estate | 3.9 |
| Communication Services | 2.8 |
| Consumer Staples | 2.6 |
| Utilities | 0.5 |
| Cash | 0.7 |
Country Weightings (%) as of 04/30/23
| COUNTRY | % OF NET ASSETS |
|---|---|
|
■
China
|
25.4 |
|
■
India
|
14.7 |
|
■
Brazil
|
9.7 |
|
■
Taiwan Region
|
9.4 |
|
■
South Korea
|
6.0 |
|
■
Philippines
|
4.8 |
|
■
Georgia
|
4.6 |
|
■
Turkey
|
4.4 |
|
■
Argentina
|
4.2 |
|
■
Kazakhstan
|
3.3 |
|
■
Mexico
|
2.8 |
|
■
Indonesia
|
1.6 |
|
■
Egypt
|
1.5 |
|
■
Poland
|
1.4 |
|
■
Germany
|
1.3 |
|
■
Tanzania
|
1.3 |
|
■
Hungary
|
1.0 |
|
■
Russia
|
0.8 |
|
■
United Arab Emirates
|
0.6 |
|
■
Kuwait
|
0.3 |
|
■
Greece
|
0.2 |
|
■
South Africa
|
0.1 |
|
■
Cash
|
0.7 |