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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 41.84  /  1.58 %
  • Total Assets 789.6 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 1,000,000
  • Status Open
  • TTM Yield 2.88%
  • Turnover 34%

USD | NAV as of Sep 26, 2023 | 1-Day Return as of Sep 26, 2023, 10:21 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.

Energy stocks have come back to the fore.

Analyst Paul Ruppe

Paul Ruppe

Analyst

Summary

VanEck Global Resources' management has shown a willingness to adapt, but its renewed embrace of the energy sector makes the strategy difficult to pin down. It receives a Morningstar Analyst Rating of Neutral across all share classes.

by Paul Ruppe
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings GHAIX

More GHAIX Holdings
  • Current Portfolio Date
  • Equity Holdings 72
  • Bond Holdings 0
  • Other Holdings 5
  • % Assets in Top 10 Holdings 31.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Invesco Shrt-Trm Inv Treasury Instl

4.34
34,518,984
Cash and Equivalents

Valero Energy Corp

4.13
32,799,750
Energy

First Quantum Minerals Ltd

3.82
30,389,698
Basic Materials

Glencore PLC

3.45
27,419,955
Basic Materials

Bunge Ltd

3.34
26,522,240
Consumer Defensive

Hess Corp

3.19
25,322,550
Energy

Shell PLC ADR (Representing - Ordinary Shares)

3.01
23,904,650
Energy

ConocoPhillips

2.70
21,418,377
Energy

TechnipFMC PLC

2.63
20,915,440
Energy

Freeport-McMoRan Inc

2.59
20,589,569
Basic Materials