About GBFAX
The VanEck Emerging Markets Fund Class A is an actively managed mutual fund specializing in equity investments across global emerging markets. Its core objective is long-term capital appreciation through a disciplined focus on high-quality, structural growth companies that are well-positioned to benefit from the ongoing economic development of emerging economies. The fund’s management employs a bottom-up, fundamental research approach, targeting firms with strong growth prospects at reasonable valuations, a strategy often described as Structural Growth at a Reasonable Price (SGARP). The portfolio covers a diverse range of sectors, frequently including technology, consumer cyclicals, energy, and financial services, and invests across various market capitalizations, with an emphasis on both large and mid-sized companies as well as select smaller-cap opportunities. Benchmarked against the MSCI Emerging Markets Investable Market Index, the fund aims to capture trends in consumption, innovation, and domestic demand that are sometimes underrepresented in major indices. Since its inception in 1993, the fund has served investors seeking exposure to dynamic and rapidly evolving markets, leveraging the experience of a specialized team with deep expertise in emerging market economies.
Fund Family VanEck
Category Diversified Emerging Mkts
Performance Rating Low
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol GBFAX
Share Class Class A
Index MSCI Emerging Markets IMI NR USD
GBFAX had a total return of 32.90% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.65%.
