VanEck International Investors Gold C (IIGCX)
| Fund Assets | 1.14B |
| Expense Ratio | 2.20% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.71 |
| Dividend Yield | 4.15% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 16.62 |
| YTD Return | 103.12% |
| 1-Year Return | 96.82% |
| 5-Year Return | 64.77% |
| 52-Week Low | 8.26 |
| 52-Week High | 17.11 |
| Beta (5Y) | 0.54 |
| Holdings | 45 |
| Inception Date | Feb 10, 1956 |
About IIGCX
The VanEck International Investors Gold Fund Class C is an actively managed mutual fund focused primarily on achieving long-term capital appreciation by investing in the common stocks of companies engaged in gold-mining activities. With a history dating back to 1956, this fund offers investors targeted exposure to the gold sector, including a diverse range of companies from junior developers to senior mining firms. The portfolio is managed by a team with extensive field and academic expertise in geology and engineering, emphasizing comprehensive on-the-ground research to evaluate mining operations and return potential. A distinguishing characteristic of the fund is its concentrated allocation to the gold-mining industry, typically committing at least 80% of its net assets to gold-related equities and occasionally holding physical gold or instruments tied to gold prices. This sector-focused approach can provide diversification benefits for investors seeking a hedge against volatility in financial markets or inflationary pressures, as gold often exhibits unique demand and supply dynamics. The fund is classified as non-diversified, enabling it to invest a substantial portion of its assets in a select group of companies, and is guided by both macroeconomic analysis and company fundamentals to navigate the global gold landscape.
Performance
IIGCX had a total return of 96.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.46%.
Top 10 Holdings
56.67% of assets| Name | Symbol | Weight |
|---|---|---|
| Agnico Eagle Mines Limited | AEM | 9.87% |
| Newmont Corporation | NEM | 7.46% |
| Kinross Gold Corporation | K | 6.15% |
| Alamos Gold Inc. | AGI | 5.64% |
| AngloGold Ashanti plc | AU | 5.22% |
| Wheaton Precious Metals Corp. | WPM | 4.75% |
| Lundin Gold Inc. | LUG | 4.66% |
| Franco-Nevada Corporation | FNV | 4.53% |
| Gold Series Fund I Subsidiary Mutual Fund | n/a | 4.24% |
| OR Royalties Inc | OR.NE | 4.15% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $0.7063 | Dec 18, 2024 |
| Dec 22, 2021 | $0.6603 | Dec 22, 2021 |
| Dec 22, 2020 | $1.4316 | Dec 22, 2020 |
| Dec 23, 2019 | $0.3122 | Dec 23, 2019 |
| Dec 21, 2018 | $0.2193 | Dec 21, 2018 |
| Dec 21, 2017 | $0.283 | Dec 21, 2017 |