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GHAAX VanEck Global Hard Assets A

  • Fund
  • GHAAX
  • Price as of: Aug 08, 2016
  • $35.09
  • + $0.46
  • + 1.33%
  • Category
  • Natural Resources

GHAAX - Profile

Vitals

  • YTD Return 14.7%
  • 3 Yr Annualized Return -7.9%
  • 5 Yr Annualized Return -8.5%
  • Net Assets $2.49 B
  • Holdings in Top 10 40.8%

52 WEEK LOW AND HIGH

$35.09
$27.74
$35.09

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.36%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 26.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$0

Investment Themes

CATEGORY

Natural Resources
  • Fund Type Open End Mutual Fund
  • Investment Style Natural Resources

Distributions

  • YTD Total Return 14.7%
  • 3 Yr Annualized Total Return -9.7%
  • 5 Yr Annualized Total Return -9.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.14%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name VanEck Global Hard Assets Fund
  • Fund Family Name Van Eck
  • Inception Date Nov 02, 1994
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Shawn Reynolds

GHAAX - Performance

Return Ranking - Trailing

Period GHAAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 14.7% -35.0% 44.8% 43.12% 3
1 Yr 2.8% -41.6% 16.4% 21.82% 2
3 Yr -7.9% * -16.2% 8.2% 63.41% 4
5 Yr -8.5% * -11.9% 10.7% 56.45% 3
10 Yr 1.0% * -4.2% 12.8% 25.93% 2

* Annualized


Return Ranking - Calendar

Period GHAAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -21.3% -38.7% -10.9% 31.65% 2
2014 N/A N/A N/A N/A N/A
2013 N/A N/A N/A N/A N/A
2012 N/A N/A N/A N/A N/A
2011 N/A N/A N/A N/A N/A

Total Return Ranking - Trailing

Period GHAAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 14.7% -35.0% 44.8% 44.34% 3
1 Yr -3.1% -45.0% 16.4% 43.64% 3
3 Yr -9.7% * -16.2% 8.2% 73.17% 4
5 Yr -9.6% * -12.3% 10.7% 72.58% 4
10 Yr 0.4% * -4.2% 12.8% 38.89% 2

* Annualized


Total Return Ranking - Calendar

Period GHAAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -21.3% -38.7% -10.9% 31.65% 2
2014 N/A N/A N/A N/A N/A
2013 N/A N/A N/A N/A N/A
2012 N/A N/A N/A N/A N/A
2011 N/A N/A N/A N/A N/A

NAV & Total Return History

GHAAX - Holdings

Filings data as of: Jul 31, 2016

Concentration Analysis

GHAAX Category Low Category High GHAAX % Rank Quintile
Net Assets 2.49 B 610 K 4.43 B 2.65% 1
Number of Holdings 49 10 242 22.12% 4
Net Assets in Top 10 1.01 B 8.43 K 1.14 B 1.77% 1
Weighting of Top 10 40.8% 0.1% 68.9% 15.93% 3

Top 10 Holdings

  1. Pioneer Natural Resources Co 4.93%
  2. Cimarex Energy Co 4.09%
  3. Halliburton Co 3.86%
  4. Concho Resources Inc 4.11%
  5. EOG Resources Inc 3.76%
  6. Diamondback Energy Inc 3.92%
  7. Agnico Eagle Mines Ltd 4.70%
  8. Newfield Exploration Co 3.91%
  9. Parsley Energy Inc A 3.65%
  10. Glencore PLC 3.83%

Asset Allocation

Weighting Category Low Category High GHAAX % Rank Quintile
Stocks
97.73% 0.04% 101.26% 11.50% 2
Cash
1.53% -1.74% 99.94% 19.47% 3
Other
0.74% -1.87% 26.79% 9.73% 2
Convertible Bonds
0.00% 0.00% 10.11% 3.54% 4
Preferred Stocks
0.00% 0.00% 8.16% 5.31% 4
Bonds
0.00% 0.00% 2.53% 6.19% 4

Stock Sector Breakdown

Weighting Category Low Category High GHAAX % Rank Quintile
Energy
55.14% 0.00% 88.91% 15.60% 3
Basic Materials
37.72% 3.87% 88.08% 12.84% 2
Industrials
1.70% 0.00% 26.75% 14.68% 3
Technology
0.37% 0.00% 5.81% 6.42% 1
Financial Services
0.00% 0.00% 8.15% 4.59% 4
Healthcare
0.00% 0.00% 13.88% 4.59% 4
Real Estate
0.00% 0.00% 42.16% 6.42% 4
Communication Services
0.00% 0.00% 0.00% 0.92% 4
Consumer Defense
0.00% 0.00% 23.31% 16.51% 4
Consumer Cyclical
0.00% 0.00% 12.85% 21.10% 5
Utilities
0.00% 0.00% 8.98% 12.84% 4

Stock Geographic Breakdown

Weighting Category Low Category High GHAAX % Rank Quintile
US
67.87% 0.04% 99.82% 14.16% 3
Non US
29.86% 0.00% 78.53% 17.70% 3

GHAAX - Expenses

Operational Fees

GHAAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.36% 0.10% 21.93% 52.21% 2
Management Fee 0.98% 0.08% 1.35% 6.19% 4
12b-1 Fee 0.25% 0.00% 1.00% 8.00% 3
Administrative Fee N/A 0.01% 0.45% N/A N/A

Sales Fees

GHAAX Fees (% of AUM) Category Low Category High GHAAX Rank Quintile
Front Load 5.75% 0.30% 5.75% 3.45% 4
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

GHAAX Fees (% of AUM) Category Low Category High GHAAX Rank Quintile
Max Redemption Fee N/A 0.05% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

GHAAX Fees (% of AUM) Category Low Category High GHAAX Rank Quintile
Turnover 26.00% 0.00% 471.00% 23.64% 2

GHAAX - Distributions

Dividend Yield Analysis

GHAAX Category Low Category High GHAAX % Rank Quintile
Dividend Yield 0.0% 0.01% 5.53% 82.28% 5

Dividend Distribution Analysis

GHAAX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

GHAAX Category Low Category High GHAAX % Rank Quintile
Net Income Ratio 0.14% -1.94% 3.36% 61.06% 4

Capital Gain Distribution Analysis

GHAAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

GHAAX - Managers

Shawn Reynolds

Lead Manager

Start Date

Sep 30, 2010

Tenure

5.84

Tenure Rank

7.6%

Mr. Reynolds joined Van Eck in 2005. He currently serves as Portfolio Manager for Van Eck’s Global Hard Assets Strategy and Van Eck’s Hard Assets Hedge Strategy, and oversees the Global Hard Assets Team. He is responsible for company research and portfolio construction. Prior to joining Van Eck, he was employed at Petrie Parkman & Co. as an energy analyst covering U.S. oil and gas exploration and production companies. From 1991 to 2001, Mr. Reynolds served as an analyst, covering North American, European, and global energy companies out of New York, Australia, and London with Goldman Sachs, Lehman Brothers, and Credit Suisse First Boston. Prior to his career in finance, Mr. Reynolds worked at Tenneco Oil Company from 1987 to 1989 as an exploration geologist. Mr. Reynolds was previously a board member of several private Latin American oil and gas exploration companies. Currently, he is President of the Board of Trustees at the Rumson Country Day School and member of the Riverview Medical Center Board of Trustees. Mr. Reynolds received an MBA in Finance from the Columbia Business School (Beta Gamma Sigma), an MA in Petroleum Geology from the University of Texas, Austin (Phi Kappa Kappa), and a BS in Engineering from Cornell University. In 2000, he was chosen as The Wall Street Journal’s “Best on the Street” for E&P stock selection. Mr. Reynolds has also authored several technical geology articles in periodicals published by the American Association of Petroleum Geologists. He further appeared on CNBC and was quoted in The Wall Street Journal, New York Times, and Bloomberg Businessweek, among other notable media outlets.


Charles T. Cameron

Lead Manager

Start Date

Sep 30, 2010

Tenure

5.84

Tenure Rank

7.6%

Mr. Cameron joined Van Eck in 1995. He currently serves as Deputy Portfolio Manager for Van Eck’s Global Hard Assets Strategy and Van Eck’s Hard Assets Hedge Strategy, focusing on macroeconomic research and trading oversight. Mr. Cameron also serves as Head of Trading, responsible for trade execution for Van Eck’s Global Hard Assets, Global Gold, and Emerging Markets Equity strategies, specializing in commodity spread construction and directional trades. He has over 30 years of experience in international and financial markets. From 1989 to 1995, he was a trader in both Eurobond and emerging markets fixed income for Standard Chartered. Prior to that, he held trading positions at various sell-side firms, specializing in commodity and fixed income securities. Mr. Cameron received an MBA in Finance from New York University Leonard N. Stern School of Business and a BS in Finance from Boston College.


Tenure Analysis

Category Low

0.1

Category High

18.4

Category Average

4.84

Category Mode

1.6