VanEck Morningstar Wide Moat Fund Class I (MWMIX)
| Fund Assets | 35.40M |
| Expense Ratio | 0.59% |
| Min. Investment | $1,000,000 |
| Turnover | 91.00% |
| Dividend (ttm) | 4.07 |
| Dividend Yield | 12.23% |
| Dividend Growth | 21.20% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2025 |
| Previous Close | 32.90 |
| YTD Return | 1.93% |
| 1-Year Return | 16.76% |
| 5-Year Return | 41.04% |
| 52-Week Low | 23.79 |
| 52-Week High | 33.89 |
| Beta (5Y) | 1.03 |
| Holdings | 56 |
| Inception Date | Nov 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.
Performance
MWMIX had a total return of 16.76% in the past year, including dividends. Since the fund's inception, the average annual return has been 19.95%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MWMZX | Class Z | 0.49% |
Top 10 Holdings
26.37% of assets| Name | Symbol | Weight |
|---|---|---|
| Huntington Ingalls Industries, Inc. | HII | 2.80% |
| Airbnb, Inc. | ABNB | 2.71% |
| The Estée Lauder Companies Inc. | EL | 2.71% |
| Bristol-Myers Squibb Company | BMY | 2.70% |
| United Parcel Service, Inc. | UPS | 2.69% |
| Danaher Corporation | DHR | 2.66% |
| IDEX Corporation | IEX | 2.57% |
| Salesforce, Inc. | CRM | 2.53% |
| GE HealthCare Technologies Inc. | GEHC | 2.52% |
| Adobe Inc. | ADBE | 2.48% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2025 | $4.0652 | Dec 18, 2025 |
| Dec 18, 2024 | $3.3541 | Dec 18, 2024 |
| Dec 20, 2023 | $0.2477 | Dec 20, 2023 |
| Dec 21, 2022 | $2.9758 | Dec 21, 2022 |
| Dec 22, 2021 | $0.3788 | Dec 22, 2021 |
| Dec 22, 2020 | $2.5226 | Dec 22, 2020 |