Emerging Markets FundGBFAX

  • Daily Price   as of 09/30/16

    NAV DAILY CHANGE
    $13.48 $0.06 / +0.5%
  • Class A Details: GBFAX

    INCEPTION DATE GROSS/NET EXPENSES1
    12/20/93 1.46%/1.46%
  • Performance History: Average Annual Total Returns* (%)

    1 MO*3 MO*YTD*1 YR3 YR5 YR10 YRLIFE
    (12/20/93)
    VanEck Emerging Markets Fund: Class A
    At Net Asset Value2.788.647.505.052.322.153.78--
    At Maximum 5.75% Sales Charge-3.132.381.29-0.960.330.953.17--
    MSCI EM Index22.5212.1514.8412.251.48-0.074.23--
    MSCI EM IMI22.4311.7113.8412.131.700.084.53--
    1 MO*3 MO*YTD*1 YR3 YR5 YR10 YRLIFE
    (12/20/93)
    VanEck Emerging Markets Fund: Class A
    At Net Asset Value1.962.540.89-15.75-1.23-1.033.59--
    At Maximum 5.75% Sales Charge-3.92-3.32-4.94-20.62-3.17-2.202.98--
    MSCI EM Index24.100.806.60-11.71-1.21-3.443.88--
    MSCI EM IMI23.880.755.86-11.83-1.01-3.264.19--
  • Calendar Year Returns (%)

    2011 2012 2013 2014 2015
    VanEck Emerging Markets Fund: Class A
    At Net Asset Value (NAV)
    -26.58 30.44 11.31 -0.70 -12.91
    MSCI EM Index2 -18.17 18.63 -2.27 -1.82 -14.60
    MSCI EM IMI2 -19.24 19.08 -1.86 -1.42 -13.55

    The table presents past performance which is no guarantee of future results and which may be lower or higher than current performance. Returns reflect temporary contractual fee waivers and/or expense reimbursements. Had the Fund incurred all expenses and fees, investment returns would have been reduced. Investment returns and Fund share values will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. Fund returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV.

  • Distribution History (Class A)

    RECORD DATE DECLARATION DATE
    EX-DATE
    REINVEST DATE
    PAYABLE DATE
    DIVIDEND
    INCOME*
    SHORT-TERM
    CAPITAL GAINS
    LONG-TERM
    CAPITAL GAINS
    RETURN
    OF
    CAPITAL
    TOTAL
    DISTRIBUTIONS
    12/21/15 12/22/15 $0.0010 -- -- -- $0.0010
    12/22/14 12/23/14 -- -- -- -- --
    12/20/13 12/23/13 $0.0630 -- -- -- $0.0630
    12/20/12 12/21/12 -- -- -- -- --
    12/20/11 12/21/11 $0.1310 -- -- -- $0.1310
    12/20/10 12/21/10 $0.0360 -- -- -- $0.0360

    All registered investment companies are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading VanEck Funds will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid. To receive a distribution, you must have been a registered shareholder of the relevant VanEck Funds on the record date. Distributions are paid to shareholders on the payment date. Past distributions are not indicative of future distributions.

    Certain distributions may constitute a return of capital, which will have the effect of reducing your cost basis in the Fund’s shares and thereby increasing the amount of capital gain, if any, or decreasing the amount of capital loss, if any, that you will realize when selling or exchanging Fund shares. The final determination of the tax characteristics cannot be determined until after each Fund’s yearend and are reported to shareholders on Form 1099-DIV. The form is mailed to shareholders shortly after calendar yearend specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distribution on a shareholder’s tax return.

    The tax treatment and characterization of the Fund’s distributions may vary significantly from time to time depending on whether the Fund has gains or losses on the securities in its portfolio. The Fund’s distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital. The final composition of the tax characteristics of the distributions cannot be determined with certainty until after the end of the year, and will be reported to shareholders at that time. The amount of distributions will vary, depending on a number of factors. As portfolio and market conditions change, the rate of dividends may change. There can be no assurance that the Fund will be able to declare a dividend distribution in each period. Past performance is no guarantee of future results.

    Click here to access more detailed yearend tax information.

  • NAV History Class A 
    as of 08/31/16

    TIME PERIOD
    12-Month High (08/15/16) 13.45
    12-Month Low (02/11/16) 10.50

    MONTH END
    August 2016 13.33
    July 2016 12.97
    June 2016 12.51
    May 2016 12.27
    April 2016 12.35
    March 2016 12.20
    February 2016 10.99
    January 2016 11.22
    December 2015 12.40
    November 2015 12.97
    October 2015 13.00
    September 2015 12.26
  • Important Disclosure

    Unless otherwise stated, portfolio facts and statistics are shown for Class A shares; other classes may have different characteristics.

    NAV: Unless you are eligible for a waiver, the public offering price you pay when you buy Class A shares of the Fund is the Net Asset Value (NAV) of the shares plus an initial sales charge. The initial sales charge varies depending upon the size of your purchase.  No sales charge is imposed where Class A or Class C shares are issued to you pursuant to the automatic investment of income dividends or capital gains distributions. It is the responsibility of the financial intermediary to ensure that the investor obtains the proper “breakpoint” discount. Class C, Class I and Class Y do not have an initial sales charge; however, Class C does charge a contingent deferred redemption charge.  See the prospectus and summary prospectus for more information.

    1Expenses are calculated for the 12-month period ending 05/01/16: Class A: Gross 1.46% and Net 1.46%; Class C: Gross 2.26 and Net 2.26%; Class I: Gross 1.14% and Net 1.00%; and Class Y: Gross 1.23% and Net 1.10%. Van Eck Associates Corporation (the “Adviser”) has agreed to waive fees and/or pay Fund expenses to the extent necessary to prevent the operating expenses of the Fund (excluding acquired fund fees and expenses, interest expense, trading expenses, dividends and interest payments on securities sold short, taxes and extraordinary expenses) from exceeding 1.60% for Class A, 2.50% for Class C, 1.00% for Class I, and 1.10% for Class Y of the Fund’s average daily net assets per year until May 1, 2017. During such time, the expense limitation is expected to continue until the Board of Trustees acts to discontinue all or a portion of such expense limitation.

    2The 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, 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, Thailand, Turkey and United Arab Emirates.

    The views and opinions expressed are those of VanEck. Fund manager commentaries are general in nature and should not be construed as investment advice. Opinions are subject to change with market conditions. Any discussion of specific securities mentioned in the commentaries is neither an offer to sell nor a solicitation to buy these securities. Fund holdings will vary.

    You can lose money by investing in the Fund. Any investment in the Fund should be part of an overall investment program, not a complete program. The Fund is subject to the risks associated with its investments in emerging markets securities, which tend to be more volatile and less liquid than securities traded in developed countries. The Fund’s investments in foreign securities involve risks related to adverse political and economic developments unique to a country or a region, currency fluctuations or controls, and the possibility of arbitrary action by foreign governments, including the takeover of property without adequate compensation or imposition of prohibitive taxation. The Fund is subject to risks associated with investments in debt securities, derivatives, commodity-linked instruments, illiquid securities, asset-backed securities, CMOs and small or mid-cap companies. The Fund is also subject to inflation risk, short-sales risk, market risk, non-diversification risk and leverage risk. Please see the prospectus and summary prospectus for information on these and other risk considerations.

    Investing involves risk, including possible loss of principal. An investor should consider investment objectives, risks, charges and expenses of the investment company carefully before investing. The prospectus and summary prospectus contain this and other information.  Please read them carefully before investing.