GHAAX: VanEck Global Hard Assets A

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GHAAX VanEck Global Hard Assets A


Profile

GHAAX - Profile

Vitals

  • YTD Return -22.1%
  • 3 Yr Annualized Return -12.3%
  • 5 Yr Annualized Return -11.3%
  • Net Assets $435 M
  • Holdings in Top 10 43.8%

52 WEEK LOW AND HIGH

$22.11
$14.46
$28.88

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 -22.1%
  • 3 Yr Annualized Total Return -12.3%
  • 5 Yr Annualized Total Return -11.2%
  • 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

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Categories

Performance

GHAAX - Performance

Return Ranking - Trailing

Period GHAAX Return Category Return Low Category Return High Rank in Category (%)
YTD -22.1% -46.7% -10.6% 61.11%
1 Yr -17.1% -48.3% 1.5% 58.33%
3 Yr -12.3%* -24.2% 4.1% 66.67%
5 Yr -11.3%* -18.3% 1.1% 70.37%
10 Yr -5.4%* -7.5% 6.2% 90.00%

* 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 -22.1% -46.7% -10.6% 61.11%
1 Yr -17.1% -48.3% 1.5% 58.33%
3 Yr -12.3%* -22.9% 4.1% 66.67%
5 Yr -11.2%* -16.4% 3.2% 70.37%
10 Yr -5.1%* -7.5% 8.7% 90.00%

* 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 435 M 846 K 2.35 B 40.54%
Number of Holdings 51 2 252 50.00%
Net Assets in Top 10 189 M 324 K 1.01 B 36.11%
Weighting of Top 10 43.81% 22.9% 99.4% 61.11%

Top 10 Holdings

  1. Barrick Gold Corp 6.63%
  2. Newmont Corp 5.95%
  3. Agnico Eagle Mines Ltd 5.22%
  4. SolarEdge Technologies Inc 4.96%
  5. Kirkland Lake Gold Ltd 4.52%
  6. Nutrien Ltd 3.62%
  7. First Quantum Minerals Ltd 3.32%
  8. Hannon Armstrong Sustainable Infrastructure Capital Inc 3.22%
  9. CF Industries Holdings Inc 3.20%
  10. Chevron Corp 3.18%

Asset Allocation

Weighting Return Low Return High GHAAX % Rank
Stocks
96.86% 86.70% 102.14% 75.68%
Cash
3.14% -2.14% 6.09% 25.00%
Preferred Stocks
0.00% 0.00% 0.84% 19.44%
Other
0.00% -4.10% 8.66% 13.89%
Convertible Bonds
0.00% 0.00% 0.00% 11.11%
Bonds
0.00% 0.00% 2.70% 32.43%

Stock Sector Breakdown

Weighting Return Low Return High GHAAX % Rank
Basic Materials
51.66% 5.45% 97.44% 50.00%
Energy
20.16% 0.00% 71.40% 58.33%
Technology
9.78% 0.00% 9.78% 8.33%
Industrials
6.48% 0.00% 60.33% 27.78%
Consumer Defense
5.77% 0.00% 6.23% 25.00%
Real Estate
3.33% 0.00% 40.33% 16.67%
Utilities
2.22% 0.00% 20.53% 30.56%
Financial Services
0.59% 0.00% 4.60% 44.44%
Healthcare
0.00% 0.00% 6.21% 19.44%
Communication Services
0.00% 0.00% 0.21% 13.89%
Consumer Cyclical
0.00% 0.00% 17.12% 80.56%

Stock Geographic Breakdown

Weighting Return Low Return High GHAAX % Rank
US
57.94% 15.47% 94.86% 52.78%
Non US
38.92% 5.57% 72.37% 52.78%

Expenses

GHAAX - Expenses

Operational Fees

GHAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.60% 0.07% 4.14% 50.00%
Management Fee 1.00% 0.09% 1.25% 72.97%
12b-1 Fee 0.25% 0.00% 1.00% 26.32%
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% 10.00%
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% 247.00% 25.00%

Distributions

GHAAX - Distributions

Dividend Yield Analysis

GHAAX Category Low Category High GHAAX % Rank
Dividend Yield 0.00% 0.00% 0.78% 16.22%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

GHAAX Category Low Category High GHAAX % Rank
Net Income Ratio 0.63% -1.54% 3.40% 58.33%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

GHAAX - Fund Manager Analysis

Managers

Shawn Reynolds


Start Date

Tenure

Tenure Rank

Sep 30, 2010

9.59

9.6%

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

4.0

4.0%

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
0.04 22.1 6.03 4.34