Daily Price as of 08/17/22
NAV†| DAILY CHANGE |
---|---|
$13.10 |
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Class A Details: GBFAX
INCEPTION DATE | GROSS/NET EXPENSES1 |
---|---|
12/20/93 | 1.45%/1.45% |
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 07/31/22
-
Net Assets (All Classes)$1248.3M
-
Number of Holdings81
-
Avg. Wtd. Market Cap$11.8B
-
Turnover Rate (2021)43.7%
-
P/E (LTM) / P/E (Forward)*12.2 / 12.6
-
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 (12/20/93) |
---|---|---|---|---|---|---|---|---|
VanEck Emerging Markets Fund: Class A | ||||||||
At Net Asset Value
|
3.80 | -2.63 | -26.15 | -33.60 | -6.71 | -3.36 | 2.43 | -- |
At Maximum 5.75% Sales Charge
|
-2.17 | -8.23 | -30.39 | -37.42 | -8.53 | -4.49 | 1.82 | -- |
MSCI EM IMI2
|
0.13 | -6.87 | -17.83 | -19.77 | 1.62 | 1.23 | 3.04 | -- |
MSCI EM Index2
|
-0.25 | -6.46 | -17.83 | -20.09 | 0.90 | 0.95 | 2.84 | -- |
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 | -6.49 | -12.56 | -28.85 | -40.04 | -8.11 | -2.90 | 2.18 | -- |
At Maximum 5.75% Sales Charge | -11.86 | -17.59 | -32.94 | -43.49 | -9.91 | -4.04 | 1.58 | -- |
MSCI EM IMI2 | -7.15 | -12.10 | -17.94 | -24.75 | 1.15 | 2.33 | 3.20 | -- |
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 |
5.9 |
Reliance Industries Limited |
Energy |
5.4 |
HDFC Bank Limited |
Financials |
4.6 |
Prosus N.V. Class N |
Consumer Discretionary |
4.3 |
Vamos Locacao de Caminhoes, Maquinas e Equipamentos SA |
Industrials |
2.9 |
International Container Terminal Services, Inc. |
Industrials |
2.9 |
Samsung Electronics Co Ltd Pfd Non-Voting |
Information Technology |
2.7 |
MercadoLibre, Inc. |
Consumer Discretionary |
2.6 |
LG Chem Ltd. |
Materials |
2.5 |
China Education Group Holdings Limited |
Consumer Discretionary |
2.2 |
Top 10 Total | 36.0 |
These are not recommendations to buy or sell any security. Holdings may vary.
Sector Weightings (%)
as of 07/31/22
SECTOR | % OF NET ASSETS |
---|---|
Financials | 19.4 |
Consumer Discretionary | 18.2 |
Information Technology | 16.3 |
Industrials | 14.7 |
Health Care | 8.9 |
Energy | 6.1 |
Communication Services | 5.5 |
Materials | 4.8 |
Real Estate | 3.6 |
Consumer Staples | 1.7 |
Utilities | 0.4 |
Cash | 0.4 |
Country Weightings (%) as of 07/31/22
COUNTRY | % OF NET ASSETS |
---|---|
■
China
|
29.6 |
■
India
|
15.1 |
■
Taiwan Region
|
10.2 |
■
Brazil
|
9.3 |
■
South Korea
|
7.7 |
■
Philippines
|
3.6 |
■
Turkey
|
3.2 |
■
Argentina
|
2.6 |
■
Georgia
|
2.4 |
■
Indonesia
|
2.1 |
■
Egypt
|
2.0 |
■
Mexico
|
2.0 |
■
Russia
|
1.9 |
■
Tanzania
|
1.8 |
■
Kazakhstan
|
1.7 |
■
Germany
|
1.6 |
■
South Africa
|
1.0 |
■
Poland
|
0.8 |
■
Hungary
|
0.6 |
■
Kuwait
|
0.5 |
■
Cash
|
0.4 |