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EMRCX
Emerging Markets Fund - Class C

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

Sector Weightings (%)
as of 10/31/22

SECTOR % OF NET ASSETS
Financials 22.9
Industrials 17.4
Consumer Discretionary 16.1
Information Technology 15.1
Health Care 8.7
Energy 7.4
Materials 4.5
Communication Services 3.5
Real Estate 3.4
Consumer Staples 2.0
Utilities 0.6
Cash -1.6

Country Weightings (%) as of 10/31/22

COUNTRY % OF NET ASSETS
China
22.9
India
16.7
Brazil
13.3
Taiwan Region
9.4
South Korea
6.3
Turkey
5.3
Philippines
4.0
Georgia
3.7
Argentina
3.3
Mexico
2.8
Kazakhstan
2.7
Indonesia
2.6
Egypt
1.7
Tanzania
1.6
Germany
1.3
South Africa
1.0
Poland
1.0
Hungary
0.8
Russia
0.6
Kuwait
0.6
Cash
-1.6

Top 10 Holdings (%)

HOLDINGS
SECTOR
% OF NET ASSETS
Reliance Industries Limited
Energy
6.5
HDFC Bank Limited
Financials
5.0
Taiwan Semiconductor Manufacturing Co., Ltd.
Information Technology
4.9
Vamos Locacao de Caminhoes, Maquinas e Equipamentos SA
Industrials
4.0
MercadoLibre, Inc.
Consumer Discretionary
3.3
Bank of Georgia Group Plc
Financials
3.1
International Container Terminal Services, Inc.
Industrials
3.0
Prosus N.V. Class N
Consumer Discretionary
3.0
Kaspi.kz JSC Sponsored GDR RegS
Financials
2.7
MLP Saglik Hizmetleri AS Class B
Health Care
2.7
Top 10 Total 38.2

View All Holdings

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

Fund Details
as of 10/31/22

  • Net Assets (All Classes)
    $941.7M
  • Number of Holdings
    81
  • Avg. Wtd. Market Cap
    $8.9B
  • Turnover Rate (2021)
    43.7%
  • P/E (LTM) / P/E (Forward)*
    12.0 / 12.6
  • P/B (LTM)*
    2.3
  • 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.

Market Capitalization Breakdown (%) as of 10/31/22

MARKET CAPITALIZATION % OF NET ASSETS
Large (>= $10 billion) 44.7%
Mid (< $10 billion >= $2 billion) 25.8%
Small (< $2 billion) 29.5%
Average Weighted Market Cap $8.9B

Market capitalization (cap) is the value of a corporation as determined by the market price of its issued and outstanding common stock.

Three-Year Risk Measures and Statistics
as of 10/31/22

Volatility (Standard Deviation) 21.62
Sharpe Ratio -0.47
Alpha vs. MSCI EM IMI -6.66
Beta vs. MSCI EM IMI 1.02
R-squared vs. MSCI EM IMI 83.74
Source: VanEck and FactSet.
Volatility is the annualized standard deviation of monthly returns. Sharpe ratio is the return less the risk-free rate divided by the standard deviation and measures risk-adjusted return. Alpha is a measure of the difference between a portfolio's actual returns and its expected performance, given its level of risk as measured by beta. Beta is a measure of sensitivity to market movements. R-squared reflects the percentage of a fund's movements that can be explained by movements in its benchmark index.

Five-Year Risk Measures and Statistics
as of 10/31/22

Volatility (Standard Deviation) 19.89
Sharpe Ratio -0.38
Alpha vs. MSCI EM IMI -3.76
Beta vs. MSCI EM IMI 1.03
R-squared vs. MSCI EM IMI 84.77
Source: VanEck and FactSet.
Volatility is the annualized standard deviation of monthly returns. Sharpe ratio is the return less the risk-free rate divided by the standard deviation and measures risk-adjusted return. Alpha is a measure of the difference between a portfolio's actual returns and its expected performance, given its level of risk as measured by beta. Beta is a measure of sensitivity to market movements. R-squared reflects the percentage of a fund's movements that can be explained by movements in its benchmark index.

Industry Benchmarks: Know Your Indices

  • The S&P® 500 Index consists of 500 widely held common stocks covering industrial, utility, financial and transportation sectors.

  • The Morgan Stanley Capital International (MSCI) Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure equity market performance of emerging markets. The MSCI Emerging Markets Index consists of the following 23 emerging market country indices: Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Korea, Malaysia, Mexico, Peru, Philippines, Poland, Qatar, Russia, South Africa, Taiwan Region, Thailand, Turkey and United Arab Emirates.

  • The MSCI Emerging Markets Investable Market Index (IMI) is a free float adjusted market capitalization index that is designed to capture large-, mid- and small-cap representation across 23 emerging markets countries. Emerging Markets countries include: Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Korea, Malaysia, Mexico, Peru, Philippines, Poland, Russia, Qatar, South Africa, Taiwan Region, Thailand, Turkey and United Arab Emirates.

All indices listed are unmanaged and are not securities in which investments can be made.