VanEck Morningstar Wide Moat Fund - Class Z
MWMZX
MWMZX
VanEck Morningstar Wide Moat Fund - Class Z
MWMZX
MWMZX
-
NAV$32.16
as of December 20, 2024 -
YTD RETURNS11.85%
as of December 20, 2024 -
Net Assets (All Classes)$33.90M
as of November 30, 2024 -
Gross Expense Ratio1.27%
-
Net Expense Ratio0.50%
-
Inception Date11/06/2017
Fund Description
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.
Overview
Fund Highlights
- Wide Moat Companies
A focus on U.S. companies Morningstar believes possess sustainable competitive advantages, or “moats” - Focus on Valuations
Index targets companies trading at attractive prices relative to Morningstar’s estimate of fair value - Morningstar’s Equity Research
Index fueled by Morningstar’s forward-looking, rigorous equity research process driven by over 100 analysts globally