VanEck Morningstar Wide Moat Z (MWMZX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

35.14

-0.06 (-0.17%)

At close: Aug 26, 2026

3.93% (1Y)

Fund Assets	37.25M
Expense Ratio	0.49%
Min. Investment	$1,000,000
Turnover	85.00%
Dividend (ttm)	4.09
Dividend Yield	11.59%
Dividend Growth	22.42%
Payout Frequency	Annual
Ex-Dividend Date	Dec 18, 2025

Previous Close	35.20
YTD Return	9.98%
1-Year Return	17.27%
5-Year Return	49.30%
52-Week Low	29.09
52-Week High	36.54
Beta (5Y)	1.04
Holdings	56
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

Performance Rating Low

Risk Rating Above Average

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 17.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.61%.

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

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%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 18, 2025	$4.0924	Dec 18, 2025
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

Full Dividend History