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GBFAX
Emerging Markets Fund - Class A

Daily Price as of 05/13/22

NAV DAILY CHANGE
$12.11 $0.27 / +2.28%

Class A Details: GBFAX

INCEPTION DATE GROSS/NET EXPENSES1
1.45%/1.45%
Why Invest?
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Click here to read the EME Whitepaper - The Electric Vehicle
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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

Fund Details
as of 04/30/22

  • Net Assets (All Classes)
    $1469.6M
  • Number of Holdings
    82
  • Avg. Wtd. Market Cap
    $14.0B
  • Turnover Rate (2021)
    43.7%
  • P/E (LTM) / P/E (Forward)*
    13.8 / 14.2
  • P/B (LTM)*
    2.6
  • 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.

Top 10 Holdings (%)

Holdings Sector % of Net Assets
Reliance Industries Limited Energy 7.1
Taiwan Semiconductor Manufacturing Co., Ltd. Information Technology 6.5
HDFC Bank Limited Financials 4.7
International Container Terminal Services, Inc. Industrials 4.0
MediaTek Inc Information Technology 3.3
MercadoLibre, Inc. Consumer Discretionary 3.0
Samsung Electronics Co Ltd Pfd Non-Voting Information Technology 2.9
Vamos Locacao de Caminhoes, Maquinas e Equipamentos SA Industrials 2.8
Prosus N.V. Class N Consumer Discretionary 2.7
PT Bank BTPN Syariah Tbk Financials 2.5
Top 10 Total 39.5
Holdings Sector % of Net Assets
Taiwan Semiconductor Manufacturing Co., Ltd. Information Technology 6.6
Reliance Industries Limited Energy 6.2
HDFC Bank Limited Financials 5.2
MediaTek Inc Information Technology 3.9
International Container Terminal Services, Inc. Industrials 3.8
MercadoLibre, Inc. Consumer Discretionary 3.3
Samsung Electronics Co Ltd Pfd Non-Voting Information Technology 3.1
Prosus N.V. Class N Consumer Discretionary 2.7
LG Chem Ltd. Materials 2.5
Vamos Locacao de Caminhoes, Maquinas e Equipamentos SA Industrials 2.4
Top 10 Total 39.7

View All Holdings

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

Country Weightings (%) as of 04/30/22

Country % of Net Assets
China
27.2
India
15.6
Taiwan Region
12.4
Brazil
10.2
South Korea
7.6
Philippines
4.7
Mexico
3.0
Argentina
3.0
Turkey
3.0
Indonesia
2.5
Egypt
2.4
Kazakhstan
1.8
Other EM
7.7
Cash
-1.2

Investment Style Box

image Investment style box diagram illustrating the investment strategy of the Emerging Markets Fund

This investment style box is based on the Fund's overall targeted capitalization range and relative valuation as determined by VanEck.

Sector Weightings (%)
as of 04/30/22

Sector % of Net Assets
Financials 20.5
Information Technology 18.2
Consumer Discretionary 15.2
Industrials 13.8
Health Care 8.2
Energy 8.1
Communication Services 7.0
Materials 4.0
Real Estate 3.7
Consumer Staples 2.1
Utilities 0.3
[Unassigned] 0.1
Cash -1.2

Performance History: Average Annual Total Returns* (%)

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
(12/20/93)
VanEck Emerging Markets Fund: Class A
At Net Asset Value -6.79 -19.66 -24.15 -35.55 -5.84 -0.61 1.85 --
At Maximum 5.75% Sales Charge -12.15 -24.28 -28.51 -39.25 -7.68 -1.78 1.25 --
MSCI EM IMI2 -5.49 -9.78 -11.77 -16.85 3.12 4.57 3.13 --
MSCI EM Index2 -5.56 -10.45 -12.15 -18.33 2.24 4.32 2.89 --
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
(12/20/93)
VanEck Emerging Markets Fund: Class A
At Net Asset Value -5.33 -18.63 -18.63 -28.88 -2.17 1.98 2.44 --
At Maximum 5.75% Sales Charge -10.77 -23.30 -23.30 -32.97 -4.08 0.78 1.84 --
MSCI EM IMI2 -1.65 -6.65 -6.65 -9.49 5.74 6.19 3.59 --
MSCI EM Index2 -2.26 -6.97 -6.97 -11.37 4.94 5.98 3.36 --