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.
VanEck Global Resources Fund A GHAAX
- NAV / 1-Day Return 39.92 / +0.18 %
- Total Assets 631.9 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.380%
- Distribution Fee Level Above Average
- Share Class Type Front Load
- Category Natural Resources
- Investment Style Mid Value
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 2.27%
- Turnover 44%
USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 10:17 PM GMT+0
Morningstar’s Analysis GHAAX
Will GHAAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- 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 |