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EMRCX
Emerging Markets Fund - Class C

Daily Price as of 02/07/23

NAV DAILY CHANGE
$11.22 $-0.03 / -0.27%

Class C Details: EMRCX

INCEPTION DATE GROSS/NET EXPENSES1
10/03/03 2.25%/2.25%
Recommend Insights: China Still Investible-If You Know Where to Look
Recommend Insights: China Still Investible-If You Know Where to Look

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

Fund Details
as of 12/31/22

  • Net Assets (All Classes)
    $923.1M
  • Number of Holdings
    85
  • Avg. Wtd. Market Cap
    $10.7B
  • Turnover Rate (2022)
    11.1%
  • P/E (LTM) /  P/E (Forward)
    13.4 / 13.3
  • P/B (LTM)
    2.4
  • Benchmark Index
    MSCI 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

image Investment style box diagram illustrating the investment strategy of the Emerging Markets Fund

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
(10/03/03)
VanEck Emerging Markets Fund: Class C
At Net Asset Value
-1.85 15.15 -25.82 -25.82 -9.29 -6.09 0.04 --
At Maximum 1% Sales Charge
-2.80 14.15 -26.54 -26.54 -9.29 -6.09 0.04 --
MSCI EM IMI2
-1.36 9.50 -19.83 -19.83 -1.82 -1.10 1.64 --
MSCI EM Index2
-1.41 9.70 -20.09 -20.09 -2.69 -1.40 1.44 --
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
(10/03/03)
VanEck Emerging Markets Fund: Class C
At Net Asset Value -1.85 15.15 -25.82 -25.82 -9.29 -6.09 0.04 --
At Maximum 1% Sales Charge -2.80 14.15 -26.54 -26.54 -9.29 -6.09 0.04 --
MSCI EM IMI2 -1.36 9.50 -19.83 -19.83 -1.82 -1.10 1.64 --
MSCI EM Index2 -1.41 9.70 -20.09 -20.09 -2.69 -1.40 1.44 --

Top 10 Holdings (%)

HOLDINGS
SECTOR
% OF NET ASSETS
Reliance Industries Limited
Energy
5.6
Taiwan Semiconductor Manufacturing Co., Ltd.
Information Technology
5.1
HDFC Bank Limited
Financials
4.7
Prosus N.V. Class N
Consumer Discretionary
4.6
China Education Group Holdings Limited
Consumer Discretionary
3.8
Bank of Georgia Group Plc
Financials
3.4
MLP Saglik Hizmetleri AS Class B
Health Care
3.1
International Container Terminal Services, Inc.
Industrials
3.0
Vamos Locacao de Caminhoes, Maquinas e Equipamentos SA
Industrials
2.9
Kaspi.kz JSC Sponsored GDR RegS
Financials
2.9
Top 10 Total 39.1

View All Holdings

These are not recommendations to buy or sell any security. Holdings may vary.

Sector Weightings (%)
as of 12/31/22

SECTOR % OF NET ASSETS
Financials 22.0
Consumer Discretionary 20.2
Industrials 14.7
Information Technology 14.4
Health Care 9.6
Energy 6.4
Materials 4.3
Real Estate 3.6
Communication Services 2.7
Consumer Staples 2.0
Utilities 0.5
Cash -0.5

Country Weightings (%) as of 12/31/22

COUNTRY % OF NET ASSETS
China
28.4
India
14.4
Brazil
9.3
Taiwan Region
9.3
South Korea
6.1
Turkey
5.7
Philippines
4.2
Georgia
4.1
Argentina
2.9
Kazakhstan
2.9
Mexico
2.7
Indonesia
2.1
Egypt
1.9
Germany
1.6
Tanzania
1.3
Poland
1.1
Hungary
0.9
South Africa
0.6
Kuwait
0.5
Russia
0.4
United Arab Emirates
0.2
Cash
-0.5