Daily Price as of 08/10/22
NAV† | DAILY CHANGE |
---|---|
$12.93 |
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Class A Details: GBFAX
INCEPTION DATE | GROSS/NET EXPENSES1 |
---|---|
12/20/93 | 1.45%/1.45% |
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 06/30/22
-
Net Assets (All Classes)$1230.4M
-
Number of Holdings83
-
Avg. Wtd. Market Cap$11.8B
-
Turnover Rate (2021)43.7%
-
P/E (LTM) / P/E (Forward)*11.7 / 12.2
-
P/B (LTM)*2.2
-
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 (12/20/93) |
---|---|---|---|---|---|---|---|---|
VanEck Emerging Markets Fund: Class A | ||||||||
At Net Asset Value
|
-6.49 | -12.56 | -28.85 | -40.04 | -8.11 | -2.90 | 2.18 | -- |
At Maximum 5.75% Sales Charge
|
-11.86 | -17.59 | -32.94 | -43.49 | -9.91 | -4.04 | 1.58 | -- |
MSCI EM IMI2
|
-7.15 | -12.10 | -17.94 | -24.75 | 1.15 | 2.33 | 3.20 | -- |
MSCI EM Index2
|
-6.65 | -11.45 | -17.63 | -25.28 | 0.57 | 2.18 | 3.06 | -- |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE (12/20/93) |
|
---|---|---|---|---|---|---|---|---|
VanEck Emerging Markets Fund: Class A | ||||||||
At Net Asset Value | -5.33 | -18.63 | -18.63 | -28.88 | -2.17 | 1.98 | 2.44 | -- |
At Maximum 5.75% Sales Charge | -10.77 | -23.30 | -23.30 | -32.97 | -4.08 | 0.78 | 1.84 | -- |
MSCI EM IMI2 | -1.65 | -6.65 | -6.65 | -9.49 | 5.74 | 6.19 | 3.59 | -- |
MSCI EM Index2 | -2.26 | -6.97 | -6.97 | -11.37 | 4.94 | 5.98 | 3.36 | -- |
Top 10 Holdings (%)
HOLDINGS |
SECTOR
|
% OF NET ASSETS |
---|---|---|
Taiwan Semiconductor Manufacturing Co., Ltd. |
Information Technology |
5.9 |
Reliance Industries Limited |
Energy |
5.8 |
Prosus N.V. Class N |
Consumer Discretionary |
4.4 |
HDFC Bank Limited |
Financials |
4.2 |
International Container Terminal Services, Inc. |
Industrials |
2.9 |
China Education Group Holdings Limited |
Consumer Discretionary |
2.7 |
Samsung Electronics Co Ltd Pfd Non-Voting |
Information Technology |
2.6 |
Vamos Locacao de Caminhoes, Maquinas e Equipamentos SA |
Industrials |
2.6 |
Pharmaron Beijing Co., Ltd. Class H |
Health Care |
2.3 |
Shanghai Baosight Software Co., Ltd. Class A |
Information Technology |
2.3 |
Top 10 Total | 35.7 |
These are not recommendations to buy or sell any security. Holdings may vary.
Sector Weightings (%)
as of 06/30/22
SECTOR | % OF NET ASSETS |
---|---|
Financials | 19.2 |
Consumer Discretionary | 18.1 |
Information Technology | 16.4 |
Industrials | 14.0 |
Health Care | 9.2 |
Energy | 6.5 |
Communication Services | 5.3 |
Materials | 4.6 |
Real Estate | 3.9 |
Consumer Staples | 1.7 |
Utilities | 0.3 |
Cash | 0.7 |
Country Weightings (%) as of 06/30/22
COUNTRY | % OF NET ASSETS |
---|---|
■
China
|
32.5 |
■
India
|
14.3 |
■
Taiwan Region
|
10.0 |
■
Brazil
|
8.9 |
■
South Korea
|
7.1 |
■
Philippines
|
3.5 |
■
Turkey
|
2.8 |
■
Russia
|
2.2 |
■
Indonesia
|
2.2 |
■
Georgia
|
2.1 |
■
Mexico
|
2.1 |
■
Argentina
|
2.1 |
■
Egypt
|
2.1 |
■
Tanzania
|
1.6 |
■
Kazakhstan
|
1.5 |
■
Germany
|
1.2 |
■
South Africa
|
1.1 |
■
Hungary
|
0.7 |
■
Poland
|
0.7 |
■
Kuwait
|
0.5 |
■
Cash
|
0.7 |