VanEck Global Resources Fund – Class A (GHAAX)
| Fund Assets | 478.41M |
| Expense Ratio | 1.38% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 1.08 |
| Dividend Yield | 2.45% |
| Dividend Growth | 19.41% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 41.46 |
| YTD Return | 16.00% |
| 1-Year Return | 7.80% |
| 5-Year Return | 106.09% |
| 52-Week Low | 33.78 |
| 52-Week High | 42.26 |
| Beta (5Y) | 0.89 |
| Holdings | 73 |
| Inception Date | Nov 2, 1994 |
About GHAAX
The VanEck Global Resources Fund Class A is an actively managed mutual fund that primarily invests in global resource securities, focusing on long-term capital appreciation with income as a secondary goal. It provides exposure to a diverse range of sectors, including energy, precious and base metals, agriculture, and alternative energy. The fund is managed by a seasoned team of investment professionals, including geologists and engineers, who employ a disciplined approach to company research and risk management. By investing in companies involved in the exploration, production, and distribution of resources, it offers potential diversification benefits through its low correlation to traditional asset classes. This fund plays a significant role in the financial market by providing investors access to resource equities without the complexity of K-1 tax reporting.
Performance
GHAAX had a total return of 7.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.94%.
Top 10 Holdings
33.93% of assets| Name | Symbol | Weight |
|---|---|---|
| Shell plc | SHEL | 4.74% |
| Exxon Mobil Corporation | XOM | 4.28% |
| Short-Term Investment Trust - Invesco Treasury Portfolio | TRPXX | 3.91% |
| JBS N.V. | JBSS32 | 3.27% |
| Nutrien Ltd. | NTR | 3.17% |
| Corteva, Inc. | CTVA | 3.13% |
| Freeport-McMoRan Inc. | FCX | 3.06% |
| TotalEnergies SE | TTE | 2.97% |
| Kinross Gold Corporation | K | 2.73% |
| Agnico Eagle Mines Limited | AEM | 2.67% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $1.0759 | Dec 18, 2024 |
| Dec 20, 2023 | $0.901 | Dec 20, 2023 |
| Dec 21, 2022 | $1.042 | Dec 21, 2022 |
| Dec 22, 2021 | $0.5278 | Dec 22, 2021 |
| Dec 22, 2020 | $0.1788 | Dec 22, 2020 |
| Dec 23, 2019 | $0.2525 | Dec 23, 2019 |