VanEck Morningstar Wide Moat Fund Class Z (MWMZX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
33.98
+0.17 (0.50%)
Jul 24, 2025, 4:00 PM EDT
0.50%
Fund Assets31.58M
Expense Ratio0.49%
Min. Investment$1,000,000
Turnover91.00%
Dividend (ttm)3.34
Dividend Yield9.81%
Dividend Growth920.11%
Payout FrequencyAnnual
Ex-Dividend DateDec 18, 2024
Previous Close33.81
YTD Return6.72%
1-Year Return12.95%
5-Year Return85.79%
52-Week Low26.30
52-Week High36.96
Beta (5Y)n/a
Holdings56
Inception DateNov 6, 2017

About MWMZX

The VanEck Morningstar Wide Moat Fund - Class Z is a passively managed mutual fund focused on U.S. equities. Its primary objective is to track the performance of the Morningstar Wide Moat Focus Index, which comprises companies identified by Morningstar as having sustainable competitive advantages—referred to as “wide moats.” The fund’s strategy emphasizes both the strength of company moats and attractive valuations, targeting firms trading below Morningstar’s estimate of their fair value. Its portfolio typically consists of a diversified mix of U.S. large- and mid-cap stocks, spanning sectors such as industrials, consumer defensive, financial services, healthcare, and technology. The fund draws on Morningstar’s rigorous, research-driven process, leveraging insights from a global team of analysts. As a result, it provides investors with exposure to a curated selection of U.S. companies that are positioned to defend against competitive pressures—aiming for stability and long-term growth potential within the broader equity market.

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

Performance

MWMZX had a total return of 12.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.23%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
MWMIXClass I0.59%

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$3.3429Dec 18, 2024
Dec 20, 2023$0.3277Dec 20, 2023
Dec 21, 2022$2.9952Dec 21, 2022
Dec 22, 2021$0.409Dec 22, 2021
Dec 22, 2020$2.5173Dec 22, 2020
Dec 23, 2019$3.595Dec 23, 2019
Full Dividend History