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Investment Type: coli

VanEck Global Resources Division

Portfolio Composition

  as of 02/29/2024
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Asset Type Net Short Long U.S. Stocks 53.29% 0.0%   53.29%   Non-U.S. Stocks 42.75% 0.0%   42.75%   Cash 3.96% 0.0%   3.96%   Total 100%

Top 10 Holdings   as of 02/29/2024    What's this? % of Net Assets Invesco Shrt-Trm Inv Treasury Instl 3.96 Shell PLC ADR (Representing - Ordinary Shares) 3.35 Valero Energy Corp 3.25 Exxon Mobil Corp 3.21 Freeport-McMoRan Inc 3.14 PetroChina Co Ltd Class H 2.55 Vale SA ADR 2.55 Eni SpA 2.42 Diamondback Energy Inc 2.22 Pilgrims Pride Corp 2.14 Total*: 28.80 *Values may exceed 100% if both long and short positions are included in the portfolio

Morningstar Style Box™   as of 02/29/2024    What's this?

Stock Sector Breakdown   as of 02/29/2024    What's this? % of Net Assets Cyclical 41.35 Basic Materials 38.16 Consumer Cyclical 1.12 Real Estate 2.07 Defensive 8.80 Consumer Defensive 7.38 Utilities 1.42 Sensitive 49.85 Energy 42.74 Industrials 5.41 Technology 1.70

Analysis   as of 02/29/2024 Average Market Cap (mil): $22,345.57 Price/Earnings Ratio: 12.20 Price/Book Ratio: 1.35 Price/Cash Flow Ratio: 5.32 Turnover Ratio: 44.00% # Stock Holdings: 71 # Bond Holdings: 0 # Other Holdings: 7 Total # of Holdings: 78

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The S&P Global Natural Resources Index measures the performance of 90 of the largest publicly traded companies in natural resources and commodities businesses that meet specific investability requirements, offering investors diversified and investable equity exposure across 3 primary commodity-related sectors: agribusiness, energy, and metals & mining.