Daily Price as of 11/25/22
| NAV†| DAILY CHANGE |
|---|---|
| $13.45 |
$0.04 / +0.30%
|
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 10/31/22
-
Net Assets (All Classes)$941.7M
-
Number of Holdings81
-
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 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
|
2.19 | -10.16 | -33.41 | -39.01 | -9.87 | -- | -- | -9.23 |
|
MSCI EM IMI2
|
-2.70 | -13.31 | -28.77 | -30.09 | -3.42 | -2.65 | 1.06 | -2.74 |
|
MSCI EM Index2
|
-3.10 | -14.11 | -29.42 | -31.03 | -4.42 | -3.09 | 0.79 | -- |
| 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 | -11.09 | -8.70 | -34.84 | -40.01 | -9.69 | -- | -- | -10.12 |
| MSCI EM IMI2 | -11.50 | -10.79 | -26.79 | -27.51 | -1.20 | -1.44 | 1.27 | -1.94 |
| MSCI EM Index2 | -11.72 | -11.57 | -27.16 | -28.11 | -2.07 | -1.81 | 1.05 | -- |
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 | |
These are not recommendations to buy or sell any security. Holdings may vary.
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 |