NDRYX — VanEck NDR Managed Allocation Fund
Data updated: 2022-03-16
NDRYX — VanEck NDR Managed Allocation Fund. Money Market · $35.19M AUM · 1.06% expense ratio · 11.6% 1-yr return. Holdings, fees, performance and SEC filings.
NDRYX Fund Overview
NDRYX — VanEck NDR Managed Allocation 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: $35.19M
- 1-year return: 11.6%
- Ticker: NDRYX
- SEC CIK: 0000768847
- SEC series ID: S000053755
- Share class ID: C000168970
NDRYX Investment Objective and Strategy
VanEck NDR Managed Allocation Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by VanEck Funds.
Investment objective
The VanEck NDR Managed Allocation Fund seeks capital appreciation.
Principal investment strategy
The Adviser seeks to achieve the Funds investment objective by investing, under normal conditions, primarily in (i) exchange traded products that are registered under the federal securities laws (Exchange Traded Products) and invest in domestic and foreign equity and debt securities, including exchange traded funds (ETFs) and exchange traded notes (ETNs); and (ii) cash or cash equivalents. The securities held by the Exchange Traded Products include equity securities of companies of any market capitalization, debt securities of any credit quality, duration and maturity and emerging market securities. The Adviser expects to invest the Funds assets primarily in unaffiliated, passively-managed Exchange Traded Products. The Adviser uses a customized version of a global tactical asset allocation model (the VE NDR Model) developed by Ned Davis Research, Inc.
(NDR). The VE NDR Model uses customized parameters to guide asset allocation decisions. The VE NDR Model combines the signals generated by various NDR sub-models, which, in the aggregate, aim to enhance asset allocation by tilting portfolio weightings toward asset classes believed to be more attractive than others given perceived market trends, current opportunities and/or risks in the market. The sub-models use fundamental, macroeconomic and technical indicators to generate allocation signals among (i) stocks, bonds and cash, (ii) geographical locations and (iii) market capitalization (e.g., company size) and investment style (e.g., value and growth). As used herein, the term signals refers to allocation percentages generated by the VE NDR Model. Fundamental and macroeconomic indicators used by the sub-models may include, but are not limited to, investor sentiment, earnings, monetary policy, inflation and yield curves.
Technical indicators used by the sub-models include, but are not limited to, trend, mean reversion, momentum and seasonality. The Adviser allocates the Funds assets to those Exchange Traded Products that it believes will have returns that, in the aggregate, closely correlate (before fees and expenses) to the return of the VE NDR Model. The VE NDR Model typically adjusts its signals on a monthly basis. A significant portion of the Funds assets may be held in cash or cash equivalents including, but not limited to, money market instruments, U.S. Treasury bills, interests in short-term investment funds or shares of money market or short-term bond funds. The Fund may engage in active and frequent trading of portfolio securities.
NDRYX Performance
Total returns for NDRYX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 11.6% |
| 3 years (annualised) | 10.2% |
NDRYX Risk Information
Risk metrics for NDRYX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 7.1%
NDRYX Costs and Fees
NDRYX costs about $106 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.06%
- Gross expense ratio: 1.83%
- Portfolio turnover: 164%
- Brokerage commissions: 1.96 bps of average net assets (SEC N-CEN)
NDRYX Cashflows
Over the 12 months to 2021-12, VanEck NDR Managed Allocation Fund had net outflows of $5.00M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-12 | −$2.12M |
| 2021-11 | −$445.46K |
| 2021-10 | $2.69M |
| 2021-09 | −$546.49K |
| 2021-08 | −$120.68K |
| 2021-07 | −$127.18K |
NDRYX Debt Constituents
No individual debt constituents are reported in VanEck NDR Managed Allocation Fund's latest SEC N-PORT filing.
NDRYX Prospectus and SEC Filings
Official VanEck NDR Managed Allocation Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-04-28
- Prospectus (485BPOS) — filed 2020-05-12
- Prospectus supplement (497) — filed 2020-05-12
- Portfolio holdings (N-PORT) — filed 2022-02-17
- Portfolio holdings (N-PORT) — filed 2021-11-22
- Portfolio holdings (N-PORT) — filed 2021-08-27
- Annual census (N-CEN) — filed 2022-03-16
- Annual census (N-CEN) — filed 2021-03-12
Related Funds
Other Money Market funds tracked on ABC INVEST:
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.