VanEck Emerging Markets Fund (GBFAX)
Under normal conditions, the fund invests at least 80% of its net assets in securities of companies that are organized in, maintain at least 50% of their assets in, or derive at least 50% of their revenues from, emerging market countries. The Adviser has broad discretion to identify countries that the fund's manager considers to qualify as emerging markets.
Fund Info
| ISIN | US9210758754 |
|---|---|
| CUSIP | 921075875 |
| Issuer | VanEck |
| Inception Date | Dec 19, 1993 |
| Category | Emerging Markets Diversified |
| Min. Investment | $1,000 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
GBFAX has a high expense ratio of 1.53%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: GBFAX vs. VT, GBFAX vs. VUSA.L
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in VanEck Emerging Markets Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
VanEck Emerging Markets Fund had a return of 6.72% year-to-date (YTD) and 10.21% in the last 12 months. Over the past 10 years, VanEck Emerging Markets Fund had an annualized return of 0.97%, while the S&P 500 had an annualized return of 10.87%, indicating that VanEck Emerging Markets Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.72% | 18.10% |
| 1 month | -1.18% | 1.42% |
| 6 months | 3.63% | 10.08% |
| 1 year | 10.21% | 26.58% |
| 5 years (annualized) | -0.62% | 13.42% |
| 10 years (annualized) | 0.97% | 10.87% |
Monthly Returns
The table below presents the monthly returns of GBFAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -3.36% | 5.26% | 2.50% | -0.21% | 2.94% | 0.77% | -0.90% | 1.33% | 6.72% | ||||
| 2023 | 9.39% | -7.02% | 0.24% | 0.16% | -1.92% | 4.07% | 6.97% | -3.73% | -4.79% | -4.39% | 9.77% | 3.11% | 10.60% |
| 2022 | -5.58% | -8.96% | -5.33% | -6.79% | 0.31% | -6.49% | 3.80% | -1.11% | -11.18% | 2.17% | 14.98% | -1.86% | -25.21% |
| 2021 | 4.63% | 0.36% | -4.27% | 2.85% | -0.05% | 0.88% | -6.27% | 2.54% | -4.62% | 0.50% | -6.66% | -1.98% | -12.13% |
| 2020 | -2.61% | -3.13% | -21.46% | 10.40% | 4.54% | 8.37% | 5.75% | 4.02% | -1.63% | 2.82% | 7.80% | 4.75% | 16.43% |
| 2019 | 10.18% | 1.80% | 2.65% | 4.55% | -6.58% | 8.05% | -0.81% | -2.64% | 1.21% | 2.74% | 1.27% | 4.84% | 29.53% |
| 2018 | 7.00% | -4.05% | -1.16% | -3.26% | -1.55% | -4.94% | -0.06% | -6.20% | -3.40% | -9.78% | 5.92% | -3.52% | -23.30% |
| 2017 | 5.27% | 2.00% | 4.53% | 6.00% | 3.89% | 1.44% | 6.27% | 3.04% | 0.71% | 3.52% | 0.51% | 4.05% | 49.70% |
| 2016 | -9.52% | -2.05% | 11.01% | 1.23% | -0.65% | 1.96% | 3.68% | 2.78% | 1.12% | -1.11% | -5.93% | -1.55% | -0.43% |
| 2015 | -0.42% | 2.68% | -1.10% | 7.85% | -1.93% | -2.50% | -4.38% | -10.63% | -3.39% | 6.04% | -0.23% | -4.39% | -12.91% |
| 2014 | -4.46% | 3.36% | 1.13% | -0.84% | 3.66% | 2.11% | 1.00% | 1.65% | -5.05% | 3.28% | -1.12% | -4.81% | -0.70% |
| 2013 | 6.51% | 0.37% | -0.22% | 3.01% | 0.64% | -7.58% | -0.38% | -3.77% | 6.88% | 5.46% | 0.92% | 1.29% | 12.88% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GBFAX is 7, indicating that it is in the bottom 7% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for VanEck Emerging Markets Fund (GBFAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
VanEck Emerging Markets Fund granted a 1.10% dividend yield in the last twelve months. The annual payout for that period amounted to $0.16 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.16 | $0.16 | $0.47 | $1.38 | $0.03 | $0.28 | $0.00 | $0.02 | $0.02 | $0.00 | $0.00 | $0.06 |
Dividend yield | 1.10% | 1.17% | 3.85% | 8.09% | 0.15% | 1.56% | 0.03% | 0.10% | 0.13% | 0.01% | 0.00% | 0.44% |
Monthly Dividends
The table displays the monthly dividend distributions for VanEck Emerging Markets Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.47 | $0.47 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.38 | $1.38 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.28 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.02 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.02 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2013 | $0.06 | $0.06 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the VanEck Emerging Markets Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the VanEck Emerging Markets Fund was 75.51%, occurring on Nov 20, 2008. Recovery took 2173 trading sessions.
The current VanEck Emerging Markets Fund drawdown is 32.11%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -75.51% | Nov 1, 2007 | 266 | Nov 20, 2008 | 2173 | Jul 13, 2017 | 2439 |
| -62.45% | Dec 30, 1999 | 695 | Oct 9, 2002 | 742 | Sep 21, 2005 | 1437 |
| -50.34% | Feb 17, 2021 | 426 | Oct 24, 2022 | — | — | — |
| -38.15% | Jan 29, 2018 | 541 | Mar 23, 2020 | 159 | Nov 5, 2020 | 700 |
| -20.59% | May 10, 2006 | 24 | Jun 13, 2006 | 112 | Nov 21, 2006 | 136 |
Volatility
Volatility Chart
The current VanEck Emerging Markets Fund volatility is 4.53%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.