ELMIX — Emerging Markets Leaders Fund

ELMIX Fund Overview

ELMIX — Emerging Markets Leaders Fund is a US mutual fund managed by VanEck Funds, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: VanEck Funds
• Category: Money Market
• Assets under management: $5.17M
• 1-year return: 17.1%
• Ticker: ELMIX
• SEC CIK: 0000768847
• SEC series ID: S000073739
• Share class ID: C000230871

ELMIX Investment Objective and Strategy

Emerging Markets Leaders Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by VanEck Funds.

Investment objective

The Emerging Markets Leaders Fund seeks long-term capital appreciation by investing primarily in equity securities in emerging markets around the world.

Principal investment strategy

Under normal conditions, the Fund invests at least 80% of its net assets in equity 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 it considers to qualify as emerging markets. The Adviser selects emerging market countries that the Fund will invest in based on the Advisers evaluation of economic fundamentals, legal structure, political developments and other specific factors the Adviser believes to be relevant. The Fund is considered to be non-diversified which means that it may invest a larger portion of its assets in a single issuer. Utilizing qualitative and quantitative measures, the Adviser seeks to invest in reasonably-priced companies that have strong structural growth potential.

The Adviser seeks attractive investment opportunities in all areas of emerging markets, and utilizes a flexible investment approach across medium and large market capitalizations. The Adviser seeks to (i) integrate financially-material environmental, social and governance (ESG) factors into the Funds investment process and (ii) reduce material exposure to issuers that the Adviser deems controversial in the ESG universe. The Funds holdings may include issues denominated in currencies of emerging market countries, investment companies (like country funds) that invest in emerging market countries, and depositary receipts, and similar types of investments, representing emerging market securities. The Fund may enter into foreign currency transactions to attempt to moderate the effect of currency fluctuations.

The Fund may also invest in special purpose acquisition companies (SPACs). The Fund may invest up to 20% of its net assets in securities issued by other investment companies, including exchange-traded funds (ETFs). The Fund may also invest in money market funds, but these investments are not subject to this limitation. The Fund may invest in ETFs to participate in, or gain exposure to, certain market sectors, or when direct investments in certain countries are not permitted or available. The Fund may also invest in restricted securities, including Rule 144A securities.

ELMIX Performance

Total returns for ELMIX (as of 2026-10-01), from SEC filings.

ELMIX Risk Information

Risk metrics for ELMIX, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 23.8%

ELMIX Costs and Fees

ELMIX costs about $88 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.88%
• Gross expense ratio: 4.55%
• Portfolio turnover: 19%
• Brokerage commissions: 12.37 bps of average net assets (SEC N-CEN)

ELMIX Cashflows

Over the 12 months to 2023-09, Emerging Markets Leaders Fund had net inflows of $56.51K, from monthly SEC N-PORT filings.

ELMIX Debt Constituents

No individual debt constituents are reported in Emerging Markets Leaders Fund's latest SEC N-PORT filing.

ELMIX Prospectus and SEC Filings

Official Emerging Markets Leaders Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2023-04-26
• Prospectus (485BPOS) — filed 2022-04-25
• Prospectus (485BPOS) — filed 2021-10-21
• Portfolio holdings (N-PORT) — filed 2023-11-27
• Portfolio holdings (N-PORT) — filed 2023-08-10
• Portfolio holdings (N-PORT) — filed 2023-05-30
• Annual census (N-CEN) — filed 2023-03-13

Related Funds

Other Money Market funds tracked on ABC INVEST:

• Emerald Growth Fund (HSPCX)
• Barings Active Short Duration Bond Fund (BXDIX)
• IVA Worldwide Fund (IVWAX)
• Stadion Tactical Growth Fund (ETFDX)
• BBH Partner Fund - Select Short Term Assets (BBSTX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.