VanEck Morningstar Wide Moat Fund

VanEck Morningstar Wide Moat Fund is an actively managed U.S. mutual fund designed to track the performance of the Morningstar Wide Moat Focus Index. The fund invests primarily in U.S. equities that Morningstar’s equity research team believes possess durable competitive advantages, often referred to as “wide moats,” such as strong brands, cost advantages, high switching costs, network effects, or efficient scale. Its portfolio is built from companies judged to be attractively valued relative to Morningstar’s proprietary fair value estimates, combining a quality and valuation-driven approach. The strategy results in a focused, yet diversified, selection of large- and mid-cap stocks across sectors including health care, consumer staples, technology, and industrials. VanEck Morningstar Wide Moat Fund serves investors seeking exposure to a concentrated group of competitively advantaged U.S. companies using a systematic, research-intensive methodology derived from Morningstar’s analyst team and implemented within a traditional mutual fund structure.