VanEck Morningstar Wide Moat Fund - Class Z
MWMZX
MWMZX
VanEck Morningstar Wide Moat Fund - Class Z
MWMZX
MWMZX
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NAV$29.55
as of September 26, 2023 -
YTD RETURNS15.29%
as of September 26, 2023 -
Net Assets (All Classes)$21.50M
as of August 31, 2023 -
Gross Expense Ratio1.28%
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Net Expense Ratio0.49%
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Inception Date11/06/2017
Fund Description
The VanEck Morningstar Wide Moat Fund seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Morningstar® Wide Moat Focus IndexSM (MWMFTR), which is intended to track the overall performance of attractively priced companies with sustainable competitive advantages according to Morningstar's equity research team.
Overview
Fund Highlights
- Wide Moat Companies
A focus on U.S. companies Morningstar believes possess sustainable competitive advantages, or “moats” - Focus on Valuations
Index targets companies trading at attractive prices relative to Morningstar’s estimate of fair value - Morningstar’s Equity Research
Index fueled by Morningstar’s forward-looking, rigorous equity research process driven by over 100 analysts globally