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Morningstar

VanEck Global Resources Fund I GHAIX

Morningstar Medalist Rating
Medalist Rating as of | See VanEck Investment Hub
  • NAV / 1-Day Return 42.37  /  −0.66 %
  • Total Assets 642.3 Mil
  • Adj. Expense Ratio
    0.950%
  • Expense Ratio 0.950%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Natural Resources
  • Investment Style Mid Value
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 2.60%
  • Turnover 44%

USD | NAV as of Apr 15, 2024 | 1-Day Return as of Apr 15, 2024, 10:13 PM GMT+0

Morningstar’s Analysis GHAIX

Will GHAIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GHAIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the GHAIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of GHAIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Lacks direction.

Analyst Andrew Redden

Andrew Redden

Analyst

Summary

The team at VanEck Global Resources is seasoned, but its overly broad approach raises concerns about execution and justifies a downgrade in its Process rating to Below Average from Average, making it a less appealing option for investors.

by Andrew Redden
Rated on Published on

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Portfolio Holdings GHAIX

More GHAIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 27.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Valero Energy Corp

3.54 22.4 Mil
Energy

Freeport-McMoRan Inc

3.54 22.4 Mil
Basic Materials

Invesco Shrt-Trm Inv Treasury Instl

3.51 22.2 Mil
Cash and Equivalents

Shell PLC ADR (Representing - Ordinary Shares)

3.23 20.5 Mil
Energy

Exxon Mobil Corp

3.23 20.4 Mil
Energy

PetroChina Co Ltd Class H

2.52 16.0 Mil
Energy

BP PLC ADR

2.44 15.5 Mil
Energy

Glencore PLC

2.19 13.9 Mil
Basic Materials

Diamondback Energy Inc

2.18 13.8 Mil
Energy

Archer-Daniels Midland Co

2.13 13.5 Mil
Consumer Defensive