GHAYX: VanEck Global Hard Assets Y

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GHAYX VanEck Global Hard Assets Y


Profile

GHAYX - Profile

Vitals

  • YTD Return -2.2%
  • 3 Yr Annualized Return -5.2%
  • 5 Yr Annualized Return -1.5%
  • Net Assets $516 M
  • Holdings in Top 10 46.9%

52 WEEK LOW AND HIGH

$28.29
$14.74
$29.16

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.24%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 33.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -2.2%
  • 3 Yr Annualized Total Return -5.2%
  • 5 Yr Annualized Total Return -1.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.85%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    VanEck Global Hard Assets Fund
  • Fund Family Name
    VanEck
  • Inception Date
    Apr 30, 2010
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Shawn Reynolds

Fund Description

Under normal conditions, the fund invests at least 80% of its net assets in securities of hard assets companies and instruments that derive their value from hard assets. Hard assets include precious metals (including gold), base and industrial metals, energy, natural resources and other commodities. A hard assets company is a company that derives, directly or indirectly, at least 50% of its revenues from exploration, development, production, distribution or facilitation of processes relating to hard assets.


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Categories

Performance

GHAYX - Performance

Return Ranking - Trailing

Period GHAYX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.2% -46.7% 8.5% 41.67%
1 Yr 0.8% -46.1% 12.4% 58.33%
3 Yr -5.2%* -23.8% 8.7% 43.33%
5 Yr -1.5%* -18.2% 8.6% 66.67%
10 Yr -3.6%* -5.7% 7.2% 65.00%

* Annualized

Return Ranking - Calendar

Period GHAYX Return Category Return Low Category Return High Rank in Category (%)
2019 10.5% -1.0% 21.1% 60.00%
2018 -29.2% -31.6% -10.2% 51.61%
2017 -1.2% -2.3% 22.9% 93.33%
2016 43.5% -5.8% 43.7% 7.14%
2015 -33.6% -34.4% -10.3% 92.59%

Total Return Ranking - Trailing

Period GHAYX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.2% -46.7% 8.5% 41.67%
1 Yr 0.8% -46.1% 12.4% 58.33%
3 Yr -5.2%* -22.5% 8.7% 60.00%
5 Yr -1.4%* -16.3% 11.4% 66.67%
10 Yr -3.2%* -5.7% 9.4% 65.00%

* Annualized

Total Return Ranking - Calendar

Period GHAYX Return Category Return Low Category Return High Rank in Category (%)
2019 10.5% -1.0% 21.1% 60.00%
2018 -29.2% -31.6% -6.7% 77.42%
2017 -1.2% -2.3% 31.7% 93.33%
2016 43.6% -5.8% 44.2% 14.29%
2015 -33.3% -34.0% -5.1% 92.59%

NAV & Total Return History


Holdings

GHAYX - Holdings

Concentration Analysis

GHAYX Category Low Category High GHAYX % Rank
Net Assets 516 M 1.05 M 2.57 B 43.24%
Number of Holdings 54 2 244 51.35%
Net Assets in Top 10 239 M 425 K 1.2 B 37.84%
Weighting of Top 10 46.89% 21.8% 99.2% 40.54%

Top 10 Holdings

  1. Sunrun Inc 7.99%
  2. SolarEdge Technologies Inc 6.94%
  3. Hannon Armstrong Sustainable Infrastructure Capital Inc 4.38%
  4. Agnico Eagle Mines Ltd 4.38%
  5. Newmont Corp 4.28%
  6. Barrick Gold Corp 4.25%
  7. First Quantum Minerals Ltd 4.13%
  8. Kirkland Lake Gold Ltd 3.98%
  9. Freeport-McMoRan Inc 3.60%
  10. FMC Corp 2.98%

Asset Allocation

Weighting Return Low Return High GHAYX % Rank
Stocks
99.50% 90.36% 102.14% 45.95%
Cash
0.50% -2.14% 4.83% 64.86%
Preferred Stocks
0.00% 0.00% 0.79% 70.27%
Other
0.00% -1.83% 3.58% 64.86%
Convertible Bonds
0.00% 0.00% 0.00% 70.27%
Bonds
0.00% 0.00% 4.32% 72.97%

Stock Sector Breakdown

Weighting Return Low Return High GHAYX % Rank
Basic Materials
49.83% 4.71% 99.72% 45.95%
Technology
16.65% 0.00% 16.65% 10.81%
Energy
14.78% 0.00% 71.40% 56.76%
Industrials
5.97% 0.00% 58.59% 40.54%
Consumer Defense
4.99% 0.00% 42.78% 29.73%
Real Estate
4.40% 0.00% 40.14% 13.51%
Financial Services
1.75% 0.00% 4.76% 21.62%
Utilities
1.63% 0.00% 23.15% 35.14%
Healthcare
0.00% 0.00% 6.61% 72.97%
Communication Services
0.00% 0.00% 0.00% 70.27%
Consumer Cyclical
0.00% 0.00% 14.99% 94.59%

Stock Geographic Breakdown

Weighting Return Low Return High GHAYX % Rank
US
61.30% 12.89% 96.36% 62.16%
Non US
38.20% 0.00% 77.47% 48.65%

Expenses

GHAYX - Expenses

Operational Fees

GHAYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.24% 0.07% 7.25% 62.16%
Management Fee 1.00% 0.09% 1.25% 78.38%
12b-1 Fee 0.00% 0.00% 1.00% 15.79%
Administrative Fee N/A 0.00% 0.25% N/A

Sales Fees

GHAYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.30% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

GHAYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.30% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

GHAYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 33.00% 1.10% 129.00% 24.32%

Distributions

GHAYX - Distributions

Dividend Yield Analysis

GHAYX Category Low Category High GHAYX % Rank
Dividend Yield 0.00% 0.00% 0.70% 70.27%

Dividend Distribution Analysis

GHAYX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Semi-Annually

Net Income Ratio Analysis

GHAYX Category Low Category High GHAYX % Rank
Net Income Ratio 0.85% -1.54% 3.40% 54.05%

Capital Gain Distribution Analysis

GHAYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Semi-Annually

Dividend Payout History

View More +

Fund Manager Analysis

GHAYX - Fund Manager Analysis

Managers

Shawn Reynolds


Start Date

Tenure

Tenure Rank

Sep 30, 2010

9.93

9.9%

Mr. Reynolds joined VanEck in 2005. He serves as Portfolio Manager for VanEck’s Global Hard Assets Strategy, and oversees the Global Hard Assets Team. He is responsible for company research and portfolio construction. Prior to joining VanEck, he was employed at Petrie Parkman & Co. as an energy analyst covering North American oil and gas exploration and production companies. From 1991 to 2001, Mr. Reynolds served as an equity research analyst, covering North American, European, and global energy companies out of New York, London, and Australia with Goldman Sachs, Lehman Brothers, and Credit Suisse First Boston. Prior to his career in finance, Mr. Reynolds worked at Tenneco Oil Company from 1987 to 1989 as an exploration geologist. Mr. Reynolds was previously a board member of several private Latin American oil and gas exploration companies. He is a Member of the Riverview Medical Center Board of Trustees and Meridian Health Pension and Investment Committee; Former President of the Board of Trustees at the Rumson Country Day School. Mr. Reynolds received an MBA in Finance (Beta Gamma Sigma) from Columbia Business School, an MA in Petroleum Geology from the University of Texas, Austin (Phi Kappa Kappa), and a BS in Engineering from Cornell University. In 2000, he was chosen as The Wall Street Journal’s “Best on the Street” for E&P stock selection. Mr. Reynolds has also authored several technical geology articles in periodicals published by the American Association of Petroleum Geologists. He has appeared on CNBC and has been quoted in The Wall Street Journal, New York Times, and Bloomberg Businessweek, among other notable media outlets.

Charles Cameron


Start Date

Tenure

Tenure Rank

May 01, 2016

4.34

4.3%

Mr. Cameron joined VanEck in 1995. He currently serves as Deputy Portfolio Manager for VanEck’s Global Hard Assets Strategy, focusing on macroeconomic research and trading oversight. He has over 35 years of experience in international and financial markets. From 1989 to 1995, he was a trader in both Eurobond and emerging markets fixed income for Standard Chartered. Prior to that, he held trading positions at various sell-side firms, specializing in commodity and fixed income securities. Mr. Cameron received an MBA in Finance from the New York University Leonard N. Stern School of Business and a BS in Finance from Boston College.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.33 22.43 5.97 4.68