GHAAX: VanEck Global Hard Assets A

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Deepen your understanding of Responsible Investing and learn how it can potentially help you build a more successful practice.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

GHAAX VanEck Global Hard Assets A


Profile

GHAAX - Profile

Vitals

  • YTD Return -6.1%
  • 3 Yr Annualized Return -6.9%
  • 5 Yr Annualized Return -1.6%
  • Net Assets $516 M
  • Holdings in Top 10 46.9%

52 WEEK LOW AND HIGH

$26.65
$14.46
$28.62

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.60%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 33.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -6.1%
  • 3 Yr Annualized Total Return -6.9%
  • 5 Yr Annualized Total Return -1.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.63%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

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

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

GHAAX - Performance

Return Ranking - Trailing

Period GHAAX Return Category Return Low Category Return High Rank in Category (%)
YTD -6.1% -46.7% 4.8% 47.22%
1 Yr -1.8% -46.1% 9.0% 52.78%
3 Yr -6.9%* -23.8% 6.9% 46.67%
5 Yr -1.6%* -18.2% 8.6% 70.37%
10 Yr -4.5%* -6.4% 6.4% 75.00%

* Annualized

Return Ranking - Calendar

Period GHAAX Return Category Return Low Category Return High Rank in Category (%)
2019 10.6% -1.0% 21.1% 57.14%
2018 -29.4% -31.6% -10.2% 58.06%
2017 -1.5% -2.3% 22.9% 96.67%
2016 43.1% -5.8% 43.7% 10.71%
2015 -33.8% -34.4% -10.3% 96.30%

Total Return Ranking - Trailing

Period GHAAX Return Category Return Low Category Return High Rank in Category (%)
YTD -6.1% -46.7% 4.8% 47.22%
1 Yr -1.8% -46.1% 9.0% 52.78%
3 Yr -6.9%* -22.5% 6.9% 63.33%
5 Yr -1.5%* -16.3% 11.5% 70.37%
10 Yr -4.1%* -6.4% 8.5% 70.00%

* Annualized

Total Return Ranking - Calendar

Period GHAAX Return Category Return Low Category Return High Rank in Category (%)
2019 10.6% -1.0% 21.1% 57.14%
2018 -29.4% -31.6% -6.7% 87.10%
2017 -1.5% -2.3% 31.7% 96.67%
2016 43.2% -5.8% 44.2% 17.86%
2015 -33.4% -34.0% -5.1% 96.30%

NAV & Total Return History


Holdings

GHAAX - Holdings

Concentration Analysis

GHAAX Category Low Category High GHAAX % Rank
Net Assets 516 M 1.05 M 2.57 B 35.14%
Number of Holdings 54 2 244 43.24%
Net Assets in Top 10 239 M 425 K 1.2 B 29.73%
Weighting of Top 10 46.89% 21.8% 99.2% 32.43%

Top 10 Holdings

  1. Sunrun Inc 7.99%
  2. SolarEdge Technologies Inc 6.94%
  3. Hannon Armstrong Sustainable Infrastructure Capital Inc 4.38%
  4. Agnico Eagle Mines Ltd 4.38%
  5. Newmont Corp 4.28%
  6. Barrick Gold Corp 4.25%
  7. First Quantum Minerals Ltd 4.13%
  8. Kirkland Lake Gold Ltd 3.98%
  9. Freeport-McMoRan Inc 3.60%
  10. FMC Corp 2.98%

Asset Allocation

Weighting Return Low Return High GHAAX % Rank
Stocks
99.50% 90.36% 102.14% 37.84%
Cash
0.50% -2.14% 4.83% 56.76%
Preferred Stocks
0.00% 0.00% 0.79% 43.24%
Other
0.00% -1.83% 3.58% 37.84%
Convertible Bonds
0.00% 0.00% 0.00% 37.84%
Bonds
0.00% 0.00% 4.32% 45.95%

Stock Sector Breakdown

Weighting Return Low Return High GHAAX % Rank
Basic Materials
49.83% 4.71% 99.72% 37.84%
Technology
16.65% 0.00% 16.65% 2.70%
Energy
14.78% 0.00% 71.40% 48.65%
Industrials
5.97% 0.00% 58.59% 32.43%
Consumer Defense
4.99% 0.00% 42.78% 21.62%
Real Estate
4.40% 0.00% 40.14% 5.41%
Financial Services
1.75% 0.00% 4.76% 13.51%
Utilities
1.63% 0.00% 23.15% 27.03%
Healthcare
0.00% 0.00% 6.61% 43.24%
Communication Services
0.00% 0.00% 0.00% 37.84%
Consumer Cyclical
0.00% 0.00% 14.99% 78.38%

Stock Geographic Breakdown

Weighting Return Low Return High GHAAX % Rank
US
61.30% 12.89% 96.36% 54.05%
Non US
38.20% 0.00% 77.47% 40.54%

Expenses

GHAAX - Expenses

Operational Fees

GHAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.60% 0.07% 7.25% 51.35%
Management Fee 1.00% 0.09% 1.25% 67.57%
12b-1 Fee 0.25% 0.00% 1.00% 31.58%
Administrative Fee N/A 0.00% 0.25% N/A

Sales Fees

GHAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 0.30% 5.75% 20.00%
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

GHAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.30% 2.00% N/A

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 Return Low Category Return High Rank in Category (%)
Turnover 33.00% 1.10% 129.00% 16.22%

Distributions

GHAAX - Distributions

Dividend Yield Analysis

GHAAX Category Low Category High GHAAX % Rank
Dividend Yield 0.00% 0.00% 0.73% 37.84%

Dividend Distribution Analysis

GHAAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Annually Semi-Annually

Net Income Ratio Analysis

GHAAX Category Low Category High GHAAX % Rank
Net Income Ratio 0.63% -1.54% 3.40% 59.46%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

GHAAX - Fund Manager Analysis

Managers

Shawn Reynolds


Start Date

Tenure

Tenure Rank

Sep 30, 2010

9.93

9.9%

Mr. Reynolds joined VanEck in 2005. He serves as Portfolio Manager for VanEck’s Global Hard Assets Strategy, and oversees the Global Hard Assets Team. He is responsible for company research and portfolio construction. Prior to joining VanEck, he was employed at Petrie Parkman & Co. as an energy analyst covering North American oil and gas exploration and production companies. From 1991 to 2001, Mr. Reynolds served as an equity research analyst, covering North American, European, and global energy companies out of New York, London, and Australia 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. He is a Member of the Riverview Medical Center Board of Trustees and Meridian Health Pension and Investment Committee; Former President of the Board of Trustees at the Rumson Country Day School. Mr. Reynolds received an MBA in Finance (Beta Gamma Sigma) from Columbia Business School, 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 has appeared on CNBC and has been quoted in The Wall Street Journal, New York Times, and Bloomberg Businessweek, among other notable media outlets.

Charles Cameron


Start Date

Tenure

Tenure Rank

May 01, 2016

4.34

4.3%

Mr. Cameron joined VanEck in 1995. He currently serves as Deputy Portfolio Manager for VanEck’s Global Hard Assets Strategy, focusing on macroeconomic research and trading oversight. He has over 35 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 the New York University Leonard N. Stern School of Business and a BS in Finance from Boston College.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.33 22.43 5.97 4.68