Daily Price as of 09/29/22
| NAV†| DAILY CHANGE |
|---|---|
| $11.83 |
$-0.26 / -2.15%
|
Class Z Details: EMRZX
| INCEPTION DATE | GROSS/NET EXPENSES1 |
|---|---|
| 09/16/19 | 1.08%/0.90% |
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 08/31/22
-
Net Assets (All Classes)$1140.3M
-
Number of Holdings81
-
Avg. Wtd. Market Cap$11.4B
-
Turnover Rate (2021)43.7%
-
P/E (LTM) / P/E (Forward)*13.4 / 13.4
-
P/B (LTM)*2.4
-
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 (09/16/19) |
|---|---|---|---|---|---|---|---|---|
| VanEck Emerging Markets Fund: Class Z | ||||||||
|
At Net Asset Value
|
-1.11 | -3.89 | -26.70 | -35.60 | -- | -- | -- | -6.74 |
|
MSCI EM IMI2
|
0.68 | -6.39 | -17.27 | -21.15 | 3.56 | 0.93 | 3.12 | 2.14 |
|
MSCI EM Index2
|
0.42 | -6.49 | -17.49 | -21.80 | 2.74 | 0.59 | 2.92 | -- |
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE (09/16/19) |
|
|---|---|---|---|---|---|---|---|---|
| VanEck Emerging Markets Fund: Class Z | ||||||||
| At Net Asset Value | -6.41 | -12.41 | -28.63 | -39.66 | -- | -- | -- | -8.02 |
| MSCI EM IMI2 | -7.15 | -12.10 | -17.94 | -24.75 | 1.15 | 2.33 | 3.20 | 1.98 |
| MSCI EM Index2 | -6.65 | -11.45 | -17.63 | -25.28 | 0.57 | 2.18 | 3.06 | -- |
Top 10 Holdings (%)
| HOLDINGS |
SECTOR
|
% OF NET ASSETS |
|---|---|---|
| Taiwan Semiconductor Manufacturing Co., Ltd. |
Information Technology |
6.3 |
| Reliance Industries Limited |
Energy |
6.1 |
| HDFC Bank Limited |
Financials |
4.5 |
| Prosus N.V. Class N |
Consumer Discretionary |
3.9 |
| Vamos Locacao de Caminhoes, Maquinas e Equipamentos SA |
Industrials |
3.3 |
| MercadoLibre, Inc. |
Consumer Discretionary |
3.0 |
| International Container Terminal Services, Inc. |
Industrials |
2.9 |
| LG Chem Ltd. |
Materials |
2.6 |
| Samsung Electronics Co Ltd Pfd Non-Voting |
Information Technology |
2.6 |
| Bank of Georgia Group Plc |
Financials |
2.6 |
| Top 10 Total | 37.8 | |
These are not recommendations to buy or sell any security. Holdings may vary.
Sector Weightings (%)
as of 08/31/22
| SECTOR | % OF NET ASSETS |
|---|---|
| Financials | 20.0 |
| Consumer Discretionary | 17.1 |
| Information Technology | 16.9 |
| Industrials | 15.1 |
| Health Care | 9.2 |
| Energy | 6.9 |
| Communication Services | 4.6 |
| Materials | 4.6 |
| Real Estate | 3.8 |
| Consumer Staples | 1.6 |
| Utilities | 0.5 |
| Cash | -0.4 |
Country Weightings (%) as of 08/31/22
| COUNTRY | % OF NET ASSETS |
|---|---|
|
■
China
|
27.7 |
|
■
India
|
16.1 |
|
■
Brazil
|
10.9 |
|
■
Taiwan Region
|
10.7 |
|
■
South Korea
|
7.3 |
|
■
Philippines
|
3.8 |
|
■
Turkey
|
3.6 |
|
■
Georgia
|
3.2 |
|
■
Argentina
|
3.0 |
|
■
Indonesia
|
2.3 |
|
■
Kazakhstan
|
2.2 |
|
■
Mexico
|
1.9 |
|
■
Egypt
|
1.7 |
|
■
Tanzania
|
1.6 |
|
■
Germany
|
1.4 |
|
■
South Africa
|
0.9 |
|
■
Hungary
|
0.7 |
|
■
Poland
|
0.7 |
|
■
Kuwait
|
0.6 |
|
■
Cash
|
-0.4 |