NPORT-EX 2 NPORT_IE1A_65818341_0922.htm

VANECK GLOBAL RESOURCES FUND

SCHEDULE OF INVESTMENTS

September 30, 2022 (unaudited)

 

   Number
of Shares		   Value
COMMON STOCKS: 96.7%          
Australia: 4.1%          
Allkem Ltd. *   988,849   $8,744,892 
Ecograf Ltd. * †   1,590,181    322,226 
Glencore Plc (GBP)   5,271,300    27,700,746 
         36,767,864 
Brazil: 2.7%          
Vale SA (ADR)   950,600    12,661,992 
Yamana Gold, Inc. (USD)   1,825,400    8,269,062 
Yara International ASA (NOK)   106,300    3,730,615 
         24,661,669 
British Virgin Islands: 0.1%          
Talon Metals Corp. (CAD) * †   1,705,400    595,689 
Canada: 7.1%          
Agnico Eagle Mines Ltd. (USD)   287,206    12,128,709 
Alamos Gold, Inc. (USD)   100,832    747,165 
Barrick Gold Corp. (USD)   777,545    12,051,948 
Euro Manganese, Inc. (AUD) *   2,306,472    413,227 
Kinross Gold Corp. (USD)   1,842,200    6,926,672 
Nouveau Monde Graphite, Inc. (USD) * †   196,100    1,058,940 
Nutrien Ltd. (USD)   363,671    30,322,888 
         63,649,549 
Finland: 0.6%          
Neste Oyj   125,900    5,487,919 
Italy: 1.4%          
Eni SpA   805,000    8,556,099 
Saras SpA *   4,254,800    4,044,915 
         12,601,014 
Netherlands: 1.1%          
OCI NV   257,735    9,436,083 
Norway: 4.9%          
Equinor ASA (ADR)   938,600    31,077,046 
FREYR Battery SA (USD) * †   545,900    7,773,616 
FREYR Battery SA (USD) * ø   350,000    4,984,000 
         43,834,662 
South Africa: 3.7%          
Anglo American Plc (GBP)   697,700    20,949,016 
Sibanye Stillwater Ltd. (ADR) †   1,328,300    12,379,756 
         33,328,772 
Spain: 1.1%          
Repsol SA   778,000    8,939,416 
Soltec Power Holdings SA * †   131,900    548,949 
         9,488,365 
Turkey: 0.4%          
Eldorado Gold Corp. (USD) *   564,000    3,400,920 
United Kingdom: 2.0%          
Endeavour Mining Plc (CAD)   492,600    9,086,363 
Shell Plc (ADR)   181,000    9,006,560 
         18,092,923 
United States: 65.0%          
5E Advanced Materials, Inc. * †   144,600    1,469,136 
Baker Hughes Co.   491,100    10,293,456 
   Number
of Shares		   Value
United States (continued)          
Benson Hill, Inc. * †   546,100   $1,496,314 
Bunge Ltd.   272,900    22,533,353 
ChampionX Corp.   366,900    7,180,233 
Chart Industries, Inc. * †   96,134    17,722,303 
Chesapeake Energy Corp. †   232,900    21,941,509 
Chevron Corp.   58,900    8,462,163 
ConocoPhillips   268,341    27,462,018 
Corteva, Inc.   399,966    22,858,057 
Coterra Energy, Inc.   1,146,832    29,955,252 
Darling Ingredients, Inc. *   128,400    8,493,660 
Devon Energy Corp.   548,732    32,995,255 
Diamondback Energy, Inc.   219,868    26,485,299 
Enphase Energy, Inc. *   84,500    23,446,215 
EQT Corp.   776,900    31,658,675 
ESS Tech, Inc. * †   211,500    865,035 
EVgo, Inc. * ø   308,000    2,436,280 
EVgo, Inc. * †   34,700    274,477 
Excelerate Energy, Inc.   232,200    5,433,480 
Fluence Energy, Inc. * †   38,200    557,338 
FMC Corp.   80,631    8,522,697 
Freeport-McMoRan, Inc.   606,500    16,575,645 
Halliburton Co.   477,000    11,743,740 
Hannon Armstrong Sustainable Infrastructure Capital, Inc. †   324,785    9,720,815 
Hess Corp.   192,900    21,024,171 
Kirby Corp. *   195,700    11,892,689 
Liberty Energy, Inc. *   1,196,150    15,167,182 
Marathon Oil Corp.   407,600    9,203,608 
Mosaic Co.   246,200    11,898,846 
MP Materials Corp. *   279,200    7,622,160 
Newmont Corp.   276,807    11,634,198 
Ormat Technologies, Inc. †   143,800    12,395,560 
PDC Energy, Inc.   153,600    8,876,544 
Piedmont Lithium, Inc. *   155,700    8,328,393 
Pioneer Natural Resources Co.   88,988    19,268,572 
SolarEdge Technologies, Inc. *   124,900    28,909,354 
Solid Power, Inc. *   95,100    500,226 
Stem, Inc. * †   708,132    9,446,481 
Stem, Inc. * ø   362,000    4,825,460 
TuSimple Holdings, Inc. * †   110,830    842,308 
Tyson Foods, Inc.   203,100    13,390,383 
Union Pacific Corp.   27,000    5,260,140 
Valero Energy Corp.   297,100    31,745,135 
         582,813,815 
Zambia: 2.5%          
First Quantum Minerals Ltd. (CAD) †   1,330,400    22,585,065 
Total Common Stocks
(Cost: $653,589,852)		  
 		  
 		  
 		  
 		  
 		  
 		  
866,744,309		  
 


1

VANECK GLOBAL RESOURCES FUND

SCHEDULE OF INVESTMENTS

(unaudited) (continued)

 

   Number
of Shares		   Value
WARRANTS: 0.1%        
Norway: 0.1%        
FREYR Battery SA, USD 11.50, exp. 09/01/27   120,350   $672,757 
United States: 0.0%          
Benson Hill, Inc., USD 11.50, exp. 12/24/25   74,875    29,950 
Total Warrants  
(Cost: $216,758)		        702,707 
           
MONEY MARKET FUND: 3.3%
(Cost: $29,718,181)		          
Invesco Treasury Portfolio - Institutional Class   29,718,181    29,718,181 
           
Total Investments Before Collateral for Securities Loaned: 100.1%
(Cost: $683,524,791)		        897,165,197 
   Number
of Shares		   Value

SHORT-TERM INVESTMENT HELD AS

COLLATERAL FOR SECURITIES ON LOAN: 4.2%
(Cost: $37,676,998)

          
Money Market Fund: 4.2%          
State Street Navigator Securities Lending Government Money Market Portfolio   37,676,998   $37,676,998 
Total Investments: 104.3%
(Cost: $721,201,789)		        934,842,195 
Liabilities in excess of other assets: (4.3)%        (38,747,502) 
NET ASSETS: 100.0%       $896,094,693 


 

 

Definitions:

 

ADR American Depositary Receipt
AUD Australia Dollar
CAD Canadian Dollar
GBP British Pound
NOK Norwegian Krone
USD United States Dollar

 

Footnotes:

 

* Non-income producing
† Security fully or partially on loan. Total market value of securities on loan is $82,342,457.
ø Restricted Security – the aggregate value of restricted securities is $12,245,740, or 1.4% of net assets

 

Restricted securities held by the Fund as of September 30, 2022 are as follows:

 

Security  Acquisition
Date		  Number of
Shares		   Acquisition
Cost		   Value   % of
Net Assets
EVgo, Inc.  06/30/2021   308,000    $3,080,000    $2,436,280    0.3%
FREYR Battery SA  07/06/2021   350,000    3,500,000    4,984,000    0.6%
Stem, Inc.  04/28/2021   362,000    3,620,000    4,825,460    0.5%
            $10,200,000    $12,245,740    1.4%

 

Summary of Investments by Sector
Excluding Collateral for Securities Loaned		  % of
Investments		  Value 
Consumer Cyclical   0.3%  $2,436,280 
Consumer Discretionary   0.1    774,703 
Consumer Staples   5.1    45,943,660 
Energy   43.0    386,008,247 
Financials   1.1    9,720,815 
Industrials   7.3    65,391,075 
Information Technology   5.8    52,355,569 
Materials   32.6    292,421,107 
Utilities   1.4    12,395,560 
Money Market Fund   3.3    29,718,181 
             100.0%  $897,165,197 
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