VanEck Emerging Markets Fund Class Z (EMRZX)
| Fund Assets | 357.36M |
| Expense Ratio | 0.92% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 1.46% |
| Dividend Growth | -4.57% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 16.49 |
| YTD Return | 18.14% |
| 1-Year Return | 16.82% |
| 5-Year Return | 1.18% |
| 52-Week Low | 12.98 |
| 52-Week High | 16.77 |
| Beta (5Y) | n/a |
| Holdings | 85 |
| Inception Date | Sep 16, 2019 |
About EMRZX
The VanEck Emerging Markets Fund Class Z is a mutual fund designed to provide long-term capital appreciation by investing in equity securities of companies across emerging markets globally. Its strategy centers on identifying high-quality, structural growth companies that are positioned to benefit from region-specific development and innovation trends, often not fully captured by major market indices. The fund utilizes a bottom-up, fundamental research process focused on growth at a reasonable price (GARP), targeting firms that demonstrate sustainable growth drivers and secular opportunities such as rising domestic demand. It maintains a diversified portfolio by allocating across various sectors, industries, and company sizes, with a keen emphasis on structural trends within emerging economies. Managed by an experienced team with direct knowledge of these markets, the fund plays a significant role in offering investors access to growth prospects in rapidly developing regions, complementing the broader portfolio diversification benefits associated with emerging market exposure.
Performance
EMRZX had a total return of 16.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.71%.
Top 10 Holdings
34.85% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 8.70% |
| Reliance Industries Limited | RELIANCE | 3.99% |
| SK hynix Inc. | 000660 | 3.86% |
| MercadoLibre, Inc. | MELI | 3.80% |
| Prosus N.V. | PRX | 3.01% |
| Tencent Holdings Limited | 0700 | 2.47% |
| Lion Finance Group PLC | BGEO | 2.43% |
| The Phoenix Mills Limited | PHOENIXLTD | 2.34% |
| Samsung Electronics Co Ltd Participating Preferred | 005935.KQ | 2.26% |
| HDFC Bank Limited | HDB | 1.99% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $0.2401 | Dec 18, 2024 |
| Dec 20, 2023 | $0.2516 | Dec 20, 2023 |
| Dec 21, 2022 | $0.5731 | Dec 21, 2022 |
| Dec 22, 2021 | $0.0613 | Dec 22, 2021 |
| Dec 22, 2020 | $0.0313 | Dec 22, 2020 |
| Dec 23, 2019 | $0.3664 | Dec 23, 2019 |