Morningstar

VanEck Emerging Markets Fund Class A GBFAX

Morningstar Medalist Rating
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Medalist Rating as of See VanEck Investment Hub
  • NAV / 1-Day Return $18.67  /  +0.48 %
  • Fund Size $306.0M
  • Adjusted Expense Ratio 1.610%
  • Net Expense Ratio 1.610%
  • Fee Level: Distribution High
  • Share Class Type Front Load
  • Morningstar Category Diversified Emerging Mkts
  • Equity Style Box (Funds) Large Growth
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 0.54%
  • Turnover Ratio 29%
NAV and 1-Day Return as of

Morningstar’s Analysis GBFAX

Will GBFAX outperform in the 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 GBFAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the GBFAX 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 GBFAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Distinctive but not especially attractive.

Senior Analyst William Samuel Rocco

William Samuel Rocco

Senior Analyst

Summary

VanEck Emerging Markets’ modified team is satisfactory, but it’s become clear that the rewards of its differentiated approach are offset by the risks. This strategy’s People rating remains Average, while its Process rating is lowered to Average from Above Average.

by William Samuel Rocco
Rated on Published on

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Portfolio Holdings GBFAX

More GBFAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 47.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Taiwan Semiconductor Manufacturing Co Ltd

16.05 54M
Technology

Samsung Electronics Co Ltd Pfd Registered Shs Non-Voting

8.40 29M
Technology

SK hynix Inc

7.24 25M
Technology

Chroma Ate Inc

3.58 12M
Technology

Tencent Holdings Ltd

3.18 11M
Communication Services

Alibaba Group Holding Ltd ADR

2.03 7M
Consumer Cyclical

International Container Terminal Services Inc

1.96 7M
Industrials

MediaTek Inc

1.95 7M
Technology

Reliance Industries Ltd

1.69 6M
Energy

HD Hyundai Electric

1.41 5M
Industrials

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