VanEck Morningstar Wide Moat Fund Class Z (MWMZX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
32.23
+0.05 (0.16%)
Jun 30, 2025, 4:00 PM EDT
-0.68%
Fund Assets 30.29M
Expense Ratio 0.49%
Min. Investment $1,000,000
Turnover 91.00%
Dividend (ttm) 3.34
Dividend Yield 10.37%
Dividend Growth 920.11%
Payout Frequency Annual
Ex-Dividend Date Dec 18, 2024
Previous Close 32.18
YTD Return 1.23%
1-Year Return 8.72%
5-Year Return 80.59%
52-Week Low 26.30
52-Week High 36.96
Beta (5Y) n/a
Holdings 53
Inception Date Nov 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 8.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.56%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol Provider Name Expense Ratio
FZROX Fidelity Fidelity ZERO Total Market Index Fund n/a

Other Share Classes

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

Symbol Share Class Expense Ratio
MWMIX Class I 0.59%

Top 10 Holdings

28.28% of assets
Name Symbol Weight
The Boeing Company BA 3.23%
Corteva, Inc. CTVA 3.09%
Veeva Systems Inc. VEEV 3.06%
Huntington Ingalls Industries, Inc. HII 3.01%
Allegion plc ALLE 2.80%
Monolithic Power Systems, Inc. MPWR 2.79%
The Walt Disney Company DIS 2.71%
Microchip Technology Incorporated MCHP 2.65%
MarketAxess Holdings Inc. MKTX 2.54%
U.S. Bancorp USB 2.42%
View More Holdings

Dividend History

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