VanEck Morningstar Wide Moat Fund Class I (MWMIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
34.41
+0.39 (1.15%)
Jul 23, 2025, 9:30 AM EDT
1.15%
Fund Assets30.29M
Expense Ratio0.59%
Min. Investment$1,000,000
Turnover91.00%
Dividend (ttm)3.35
Dividend Yield9.86%
Dividend Growth1,254.10%
Payout FrequencyAnnual
Ex-Dividend DateDec 18, 2024
Previous Close34.02
YTD Return3.64%
1-Year Return9.42%
5-Year Return78.64%
52-Week Low26.77
52-Week High37.59
Beta (5Y)1.03
Holdings56
Inception DateNov 6, 2017

About MWMIX

The VanEck Morningstar Wide Moat Fund Class I is a passively managed mutual fund that seeks to mirror the performance of the Morningstar Wide Moat Focus Index. This fund is designed to provide exposure to U.S. companies that Morningstar's equity research team identifies as possessing durable competitive advantages—referred to as “wide moats”—and that are trading at attractive valuations. The selection process emphasizes structural competitive strengths such as cost advantages, network effects, intangible assets, efficient scale, and high switching costs, which can help companies sustain above-average returns over time. The fund typically includes a diversified basket of these companies across sectors like industrials, technology, healthcare, and financial services. By tracking the index, the fund aims to capture the performance of these high-quality firms while maintaining a disciplined, rules-based approach. With a competitive expense ratio and a focus on large blend equities, the VanEck Morningstar Wide Moat Fund Class I serves as a targeted option for institutional investors seeking exposure to resilient U.S. businesses distinguished by their long-term economic moats and compelling valuations.

Fund Family VanEck
Category Large Blend
Stock Exchange NASDAQ
Ticker Symbol MWMIX
Share Class Class I
Index Index is not available on Lipper Database

Performance

MWMIX had a total return of 9.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.85%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
MWMZXClass Z0.49%

Top 10 Holdings

26.50% of assets
NameSymbolWeight
The Estée Lauder Companies Inc.EL2.83%
The Walt Disney CompanyDIS2.75%
Huntington Ingalls Industries, Inc.HII2.75%
Applied Materials, Inc.AMAT2.72%
Monolithic Power Systems, Inc.MPWR2.68%
The Boeing CompanyBA2.66%
Allegion plcALLE2.61%
NIKE, Inc.NKE2.54%
U.S. BancorpUSB2.49%
MarketAxess Holdings Inc.MKTX2.47%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 18, 2024$3.3541Dec 18, 2024
Dec 20, 2023$0.2477Dec 20, 2023
Dec 21, 2022$2.9758Dec 21, 2022
Dec 22, 2021$0.3788Dec 22, 2021
Dec 22, 2020$2.5226Dec 22, 2020
Dec 23, 2019$3.1574Dec 23, 2019
Full Dividend History