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Morningstar

VanEck Global Resources Fund Y GHAYX

Morningstar Medalist Rating
Medalist Rating as of | See VanEck Investment Hub
  • NAV / 1-Day Return 38.96  /  0.36 %
  • Total Assets 723.4 Mil
  • Adj. Expense Ratio
    1.130%
  • Expense Ratio 1.130%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Natural Resources
  • Investment Style Mid Value
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.04%
  • Turnover 34%

USD | NAV as of Nov 30, 2023 | 1-Day Return as of Nov 30, 2023, 11:15 PM GMT+0

Morningstar’s Analysis GHAYX

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

People Pillar

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

More GHAYX Holdings
  • Current Portfolio Date
  • Equity Holdings 73
  • Bond Holdings 0
  • Other Holdings 5
  • % Assets in Top 10 Holdings 28.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Glencore PLC

3.73
27,273,875
Basic Materials

Shell PLC ADR (Representing - Ordinary Shares)

3.43
25,078,900
Energy

Hess Corp

3.24
23,667,160
Energy

ConocoPhillips

2.92
21,376,991
Energy

Valero Energy Corp

2.88
21,018,500
Energy

Invesco Shrt-Trm Inv Treasury Instl

2.71
19,790,393
Cash and Equivalents

Vale SA ADR

2.58
18,840,282
Basic Materials

Eni SpA

2.54
18,548,061
Energy

Freeport-McMoRan Inc

2.38
17,427,102
Basic Materials

TotalEnergies SE

2.16
15,825,169
Energy