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MWMIX
VanEck Morningstar Wide Moat Fund - Class I

Daily Price as of 05/20/22

NAV DAILY CHANGE
$29.13 $0.06 / +0.21%

Class I Details: MWMIX

INCEPTION DATE GROSS/NET EXPENSES1
2.26%/0.59%
Why Invest?
Click here to read the Recommended Insights - Blog: Moat Stock Selection Drowns Out Factors
Click here to read the Recommended Insights - Blog: Moat Stock Selection Drowns Out Factors

Fund Summary and Key Points

The VanEck Morningstar Wide Moat Fund seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Morningstar® Wide Moat Focus IndexSM (MWMFTR), which is intended to track the overall performance of attractively priced companies with sustainable competitive advantages according to Morningstar's equity research team.

  • The Morningstar® Wide Moat Focus IndexSM contains at least 40 attractively priced U.S. companies with sustainable competitive advantages, or “moats”
  • Morningstar equity analysts use a rigorous proprietary process to determine if a company has an economic moat, which may allow them to earn above average returns on capital over a long period of time
  • Companies included in the Index are also determined to be trading at attractive prices relative to Morningstar’s estimate of fair value

Fund Details
as of 04/30/22

  • Net Assets (All Classes)
    $16.9M
  • Number of Holdings
    52
  • Avg. Wtd. Market Cap
    $58.2B
  • Turnover Rate (2021)
    58.6%
  • P/E (LTM) / P/E (Forward)*
    20.6 / 18.2
  • P/B (LTM)*
    4.1
  • Benchmark Index
    Morningstar® Wide Moat Focus IndexSM
*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.

Performance History: Average Annual Total Returns* (%)

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
(11/06/17)
VanEck Morningstar Wide Moat Fund: Class I
At Net Asset Value -7.51 -7.12 -9.28 -3.31 13.51 -- -- 14.23
Morningstar® Wide Moat Focus IndexSM 2 -7.45 -7.00 -9.11 -2.71 14.27 14.59 14.79 14.97
S&P 500 Index3 -8.72 -8.17 -12.92 0.21 13.85 13.66 13.67 12.98
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
(11/06/17)
VanEck Morningstar Wide Moat Fund: Class I
At Net Asset Value 1.61 -1.91 -1.91 9.00 18.25 -- -- 16.56
Morningstar® Wide Moat Focus IndexSM 2 1.61 -1.80 -1.80 9.67 19.04 16.84 15.59 17.32
S&P 500 Index3 3.71 -4.60 -4.60 15.65 18.92 15.99 14.64 15.61

Top 10 Holdings (%)

Holdings Sector % of Net Assets
Merck & Co., Inc. Health Care 3.1
Campbell Soup Company Consumer Staples 2.9
Kellogg Company Consumer Staples 2.9
Constellation Brands, Inc. Class A Consumer Staples 2.9
Compass Minerals International, Inc. Materials 2.8
Philip Morris International Inc. Consumer Staples 2.8
Medtronic Plc Health Care 2.7
Zimmer Biomet Holdings, Inc. Health Care 2.7
Emerson Electric Co. Industrials 2.6
Western Union Company Information Technology 2.5
Top 10 Total 27.9
Holdings Sector % of Net Assets
Compass Minerals International, Inc. Materials 2.8
Medtronic Plc Health Care 2.7
Western Union Company Information Technology 2.6
MercadoLibre, Inc. Consumer Discretionary 2.6
Merck & Co., Inc. Health Care 2.6
Zimmer Biomet Holdings, Inc. Health Care 2.6
Emerson Electric Co. Industrials 2.6
Amazon.com, Inc. Consumer Discretionary 2.6
Campbell Soup Company Consumer Staples 2.5
Kellogg Company Consumer Staples 2.5
Top 10 Total 26.1
These are not recommendations to buy or sell any security. Holdings may vary.

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

Sector % of Net Assets
Information Technology 25.4
Health Care 17.2
Consumer Staples 14.6
Industrials 13.8
Consumer Discretionary 7.5
Communication Services 6.4
Financials 6.1
Materials 5.8
Energy 1.9
Utilities 1.5
Cash -0.2