VanEck Emerging Markets Fund (GBFAX)
VanEck Emerging Markets Fund operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $20.63, up 1.83% on the session, giving a market capitalisation of $373.4M. Its beta of 1.10 implies it has historically moved more than the broad market.
Under typical circumstances, the VanEck Emerging Markets Fund (GBFAX) commits a minimum of 80% of its total net assets to companies that demonstrate a strong connection to developing nations. This connection is defined by businesses either being headquartered in, having at least half of their assets located within, or generating a minimum of 50% of their income from these emerging market economies. The fund's adviser possesses significant latitude in designating which countries qualify as emerging markets for investment consideration.
VanEck Emerging Markets Fund is most often compared with the following Financial Services names: