MWMIX: VanEck Morningstar Wide Moat I

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MWMIX VanEck Morningstar Wide Moat I


Profile

MWMIX - Profile

Vitals

  • YTD Return 0.9%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $8.96 M
  • Holdings in Top 10 25.1%

52 WEEK LOW AND HIGH

$29.39
$25.54
$32.33

Expenses

OPERATING RELATED FEES

  • Expense Ratio 3.42%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 76.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Distributions

  • YTD Total Return 0.9%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.79%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    VanEck Morningstar Wide Moat Fund Class I
  • Fund Family Name
    VanEck
  • Inception Date
    Nov 06, 2017
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Gregory Krenzer

Fund Description

Under normal conditions, the fund invests at least 80% of its net assets in securities that comprise the index. The index is comprised of securities issued by companies that Morningstar, Inc. ("Morningstar") determines to have sustainable competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors ("wide moat companies"). The fund is non-diversified.


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Categories

Performance

MWMIX - Performance

Return Ranking - Trailing

Period MWMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.9% -1.8% 5.2% 81.81%
1 Yr 34.8% -73.2% 37.6% 1.08%
3 Yr N/A* -33.7% 55.6% N/A
5 Yr N/A* -25.3% 29.3% N/A
10 Yr N/A* -8.7% 16.0% N/A

* Annualized

Return Ranking - Calendar

Period MWMIX Return Category Return Low Category Return High Rank in Category (%)
2019 21.7% -72.6% 38.1% 55.33%
2018 -10.1% -67.0% 10.0% 26.28%
2017 N/A -32.8% 302.5% N/A
2016 N/A -26.1% 19.7% N/A
2015 N/A -82.5% 7.8% N/A

Total Return Ranking - Trailing

Period MWMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.9% -1.8% 5.2% 81.81%
1 Yr 34.8% -73.2% 37.6% 0.91%
3 Yr N/A* -33.7% 55.6% N/A
5 Yr N/A* -14.5% 29.3% N/A
10 Yr N/A* -4.2% 16.0% N/A

* Annualized

Total Return Ranking - Calendar

Period MWMIX Return Category Return Low Category Return High Rank in Category (%)
2019 21.7% -72.6% 38.1% 55.33%
2018 -10.1% -67.0% 10.0% 54.40%
2017 N/A -22.1% 302.5% N/A
2016 N/A -16.4% 23.8% N/A
2015 N/A -26.4% 106.5% N/A

NAV & Total Return History


Holdings

MWMIX - Holdings

Concentration Analysis

MWMIX Category Low Category High MWMIX % Rank
Net Assets 8.96 M 135 K 898 B 97.81%
Number of Holdings 50 1 3580 82.14%
Net Assets in Top 10 2.34 M 46.7 K 169 B 98.38%
Weighting of Top 10 25.14% 2.2% 144.5% 61.77%

Top 10 Holdings

  1. Bristol-Myers Squibb Company 2.61%
  2. Biogen Inc 2.59%
  3. Intel Corp 2.53%
  4. Nike Inc B 2.52%
  5. Altria Group Inc 2.51%
  6. Microchip Technology Inc 2.51%
  7. Philip Morris International Inc 2.49%
  8. Caterpillar Inc 2.47%
  9. Emerson Electric Co 2.46%
  10. Polaris Inc 2.46%

Asset Allocation

Weighting Return Low Return High MWMIX % Rank
Stocks
96.22% 81.61% 145.87% 87.58%
Cash
3.78% -77.63% 18.40% 8.85%
Preferred Stocks
0.00% -17.98% 6.21% 40.02%
Other
0.00% -1.81% 22.43% 41.88%
Convertible Bonds
0.00% 0.00% 9.79% 38.07%
Bonds
0.00% 0.00% 77.09% 43.67%

Stock Sector Breakdown

Weighting Return Low Return High MWMIX % Rank
Healthcare
23.88% 0.00% 29.56% 1.40%
Technology
17.70% 0.00% 42.83% 66.97%
Financial Services
12.70% 0.00% 49.34% 88.74%
Industrials
12.39% 0.00% 30.59% 22.27%
Consumer Cyclical
10.03% 0.00% 35.48% 47.66%
Consumer Defense
7.73% 0.00% 28.92% 40.51%
Communication Services
5.01% 0.00% 25.09% 74.77%
Energy
4.24% -1.47% 14.95% 46.67%
Basic Materials
3.90% -0.14% 13.68% 17.17%
Utilities
2.42% 0.00% 19.47% 60.64%
Real Estate
0.00% 0.00% 65.29% 92.44%

Stock Geographic Breakdown

Weighting Return Low Return High MWMIX % Rank
US
96.22% 80.11% 144.61% 50.08%
Non US
0.00% 0.00% 20.06% 94.56%

Expenses

MWMIX - Expenses

Operational Fees

MWMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 3.42% 0.00% 119.91% 2.97%
Management Fee 0.45% 0.00% 2.00% 35.86%
12b-1 Fee 0.00% 0.00% 1.00% 7.68%
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

MWMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

MWMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

MWMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 76.00% 0.00% 838.00% 75.10%

Distributions

MWMIX - Distributions

Dividend Yield Analysis

MWMIX Category Low Category High MWMIX % Rank
Dividend Yield 0.00% 0.00% 15.79% 55.24%

Dividend Distribution Analysis

MWMIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

MWMIX Category Low Category High MWMIX % Rank
Net Income Ratio 1.79% -2.85% 3.34% 15.72%

Capital Gain Distribution Analysis

MWMIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

MWMIX - Fund Manager Analysis

Managers

Gregory Krenzer


Start Date

Tenure

Tenure Rank

Nov 06, 2017

2.15

2.2%

Mr. Krenzer joined VanEck in 1994. He serves as Deputy Portfolio Manager for VanEck’s CM Commodity Index Strategy and Head of Active Equity Trading for VanEck’s Emerging Markets Equity Strategy, Global Hard Assets Strategy and Gold Strategies, specializing in trade construction and execution. Mr. Krenzer is also Deputy Portfolio Manager for VanEck Morningstar Wide Moat Fund. He has over 20 years of experience in investing in commodities, natural resource equities, and global fixed income. Mr. Krenzer is a CFA Charterholder and a member of the CFA Society New York. He earned a BS in Finance with a minor in Economics (Beta Gamma Sigma) from Syracuse University.

Hao-Hung (Peter) Liao


Start Date

Tenure

Tenure Rank

Nov 06, 2017

2.15

2.2%

Mr. Liao has been employed by Van Eck Associates Corporation as an analyst since the summer of 2004 and has been a portfolio manager since 2006. Mr. Liao graduated from New York University in 2004 with a Bachelor of Arts in Economics and Mathematics. He is a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 33.48 6.06 0.5