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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 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

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.

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.

Market Capitalization Breakdown (%) as of 12/31/22

MARKET CAPITALIZATION % OF NET ASSETS
Large (>= $10 billion) 47.5%
Mid (< $10 billion >= $2 billion) 27.7%
Small (< $2 billion) 24.8%
Average Weighted Market Cap $10.7B

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 12/31/22

Volatility (Standard Deviation) 23.41
Sharpe Ratio -0.44
Alpha vs. MSCI EM IMI -7.42
Beta vs. MSCI EM IMI 1.05
R-squared vs. MSCI EM IMI 85.84
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 12/31/22

Volatility (Standard Deviation) 21.09
Sharpe Ratio -0.35
Alpha vs. MSCI EM IMI -4.56
Beta vs. MSCI EM IMI 1.04
R-squared vs. MSCI EM IMI 85.81
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.