VanEck Morningstar Wide Moat I (MWMIX)

Fund Assets	37.25M
Expense Ratio	0.59%
Min. Investment	$1,000,000
Turnover	85.00%
Dividend (ttm)	4.07
Dividend Yield	11.29%
Dividend Growth	21.20%
Payout Frequency	Annual
Ex-Dividend Date	Dec 18, 2025

Previous Close	35.89
YTD Return	9.87%
1-Year Return	17.13%
5-Year Return	50.04%
52-Week Low	29.68
52-Week High	37.17
Beta (5Y)	0.98
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.

• Fund Family: VanEck
• Category: Large Blend
• Performance Rating: Low
• Risk Rating: Above Average
• 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 17.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.62%.

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

26.02% of assets

Name	Symbol	Weight
LPL Financial Holdings Inc.	LPLA	2.78%
The Charles Schwab Corporation	SCHW	2.69%
Veeva Systems Inc.	VEEV	2.66%
Bristol-Myers Squibb Company	BMY	2.65%
Microsoft Corporation	MSFT	2.64%
Airbnb, Inc.	ABNB	2.61%
Brown-Forman Corporation	BF.B	2.58%
Kenvue Inc.	KVUE	2.51%
Masco Corporation	MAS	2.50%
Mondelez International, Inc.	MDLZ	2.42%

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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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