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Morningstar

VanEck Global Resources Fund C GHACX

Morningstar Medalist Rating
Medalist Rating as of | See VanEck Investment Hub
  • NAV / 1-Day Return 34.27  /  +0.94 %
  • Total Assets 623.2 Mil
  • Adj. Expense Ratio
    2.200%
  • Expense Ratio 2.200%
  • Distribution Fee Level Above Average
  • Share Class Type Level Load
  • Category Natural Resources
  • Investment Style Large Value
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.76%
  • Turnover 44%

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0

Morningstar’s Analysis GHACX

Will GHACX 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 GHACX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the GHACX 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 GHACX’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 GHACX

More GHACX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 32.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Shell PLC ADR (Representing - Ordinary Shares)

5.15 32.3 Mil
Energy

Invesco Shrt-Trm Inv Treasury Instl

4.92 30.9 Mil
Cash and Equivalents

Exxon Mobil Corp

4.36 27.4 Mil
Energy

TotalEnergies SE

3.80 23.8 Mil
Energy

Freeport-McMoRan Inc

3.59 22.5 Mil
Basic Materials

Glencore PLC

3.08 19.4 Mil
Basic Materials

Valero Energy Corp

2.72 17.1 Mil
Energy

Kirby Corp

2.45 15.3 Mil
Industrials

Pilgrims Pride Corp

2.30 14.5 Mil
Consumer Defensive

BP PLC ADR

2.30 14.4 Mil
Energy