Van Eck Funds NPORT-P Environmental Sustainability Fund (Mar 2022 report)

VANECK ENVIRONMENTAL SUSTAINABILITY FUND

SCHEDULE OF INVESTMENTS

March 31, 2022 (unaudited)

	Number of Shares		Value
COMMON STOCKS: 97.5%
Australia: 4.3%
Allkem Ltd. # *		7,471	$	63,058
Ecograf Ltd. # * †		86,700		36,651
Piedmont Lithium, Inc. (USD) *		1,460		106,565
				206,274
Brazil: 0.5%
Yara International ASA (NOK) #		470		23,504
Canada: 2.3%
Ballard Power Systems, Inc. (USD) * †		1,900		22,116
Burcon NutraScience Corp. * †		3,000		2,856
Else Nutrition Holdings, Inc. * †		2,200		2,710
Euro Manganese, Inc. (AUD) # *		92,600		28,539
Farmers Edge, Inc. *		790		2,010
Li-Cycle Holdings Corp. (USD) * †		2,760		23,322
Maple Leaf Foods, Inc.		1,040		24,957
				106,510
China: 5.3%
BYD Co. Ltd. (HKD) #		4,500		125,169
Contemporary Amperex Technology Co. Ltd. #		1,000		80,020
Flat Glass Group Co. Ltd. (HKD) # †		12,000		45,815
				251,004
Denmark: 5.4%
Novozymes A/S #		1,030		70,621
Orsted AS 144A # *		840		105,144
Vestas Wind Systems A/S #		2,800		82,137
				257,902
Finland: 2.6%
Neste Oyj #		2,710		123,557
France: 4.4%
Cie de Saint-Gobain #		440		26,180
Engie SA #		6,800		89,400
Legrand SA #		520		49,440
Nexans SA #		490		45,854
				210,874
Germany: 2.6%
Infineon Technologies AG #		3,710		125,509
Isle of Man: 0.1%
Agronomics Ltd. # *		14,600		3,688
Italy: 1.1%
Enel SpA #		7,600		50,743
Japan: 2.3%
Keyence Corp. #		240		111,289
Netherlands: 0.5%
OCI NV # *		687		24,254
Norway: 3.7%
FREYR Battery SA (USD) *		14,610		179,119
South Korea: 3.4%
LG Energy Solution *		240		87,521
Samsung SDI Co. Ltd. #		160		77,870
				165,391

	Number of Shares		Value
Spain: 1.5%
Avangrid, Inc. (USD)		950	$	44,403
Soltec Power Holdings SA # *		4,800		28,087
				72,490
Sweden: 3.6%
Atlas Copco AB #		2,100		109,002
Oatly Group AB (ADR) * †		12,650		63,377
				172,379
United States: 53.9%
Amyris, Inc. *		990		4,316
Ball Corp.		1,100		99,000
Benson Hill, Inc. *		4,500		14,535
Beyond Meat, Inc. * †		340		16,425
Bloom Energy Corp. * †		1,900		45,885
Bunge Ltd.		970		107,486
Clean Harbors, Inc. *		250		27,910
Darling Ingredients, Inc. *		1,490		119,766
Deere & Co.		400		166,184
Enphase Energy, Inc. *		890		179,584
EVgo, Inc. *		8,000		102,880
Fluence Energy, Inc. *		1,000		13,110
Generac Holdings, Inc. *		310		92,151
Hannon Armstrong Sustainable Infrastructure Capital, Inc.		3,100		147,033
John Bean Technologies Corp.		110		13,032
Lindsay Corp.		150		23,552
MP Materials Corp. *		1,200		68,808
NextEra Energy Partners LP		730		60,853
Ormat Technologies, Inc. †		1,010		82,648
Pentair Plc		990		53,668
Plug Power, Inc. * †		1,300		37,193
Quanta Services, Inc.		1,460		192,151
Republic Services, Inc.		690		91,425
SolarEdge Technologies, Inc. *		540		174,080
Stem, Inc. *		10,020		110,320
Sunnova Energy International, Inc. *		2,800		64,568
Tattooed Chef, Inc. * †		1,640		20,631
Teradyne, Inc.		640		75,667
Tesla, Inc. *		120		129,312
TPI Composites, Inc. *		2,500		35,150
Trimble, Inc. *		1,800		129,852
TuSimple Holdings, Inc. *		640		7,808
Xylem, Inc.		1,000		85,260
				2,592,243
Total Common Stocks (Cost: $5,108,024)				4,676,730
MASTER LIMITED PARTNERSHIP: 1.0% (Cost: $45,048)
Canada: 1.0%
Brookfield Renewable Partners LP (USD)		1,200		49,284

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VANECK ENVIRONMENTAL SUSTAINABILITY FUND

SCHEDULE OF INVESTMENTS

(unaudited) (continued)

	Number of Shares		Value
MONEY MARKET FUND: 2.3% (Cost: $111,939)
Invesco Treasury Portfolio - Institutional Class		111,939	$	111,939
Total Investments Before Collateral for Securities Loaned: 100.8% (Cost: $5,265,011)				4,837,953

	Number of Shares		Value
SHORT-TERM INVESTMENT HELD AS COLLATERAL FOR SECURITIES ON LOAN: 2.6% (Cost: $127,165)
Money Market Fund: 2.6%
State Street Navigator Securities Lending Government Money Market Portfolio		127,165	$	127,165
Total Investments: 103.4% (Cost: $5,392,176)				4,965,118
Liabilities in excess of other assets: (3.4)%				(165,213)
NET ASSETS: 100.0%			$	4,799,905

Definitions:

ADR	American Depositary Receipt
AUD	Australia Dollar
HKD	Hong Kong Dollar
NOK	Norwegian Krone
USD	United States Dollar

Footnotes:

#	Security has been valued in good faith pursuant to guidelines established by the Board of Trustees. The aggregate value of fair valued securities is $1,525,531 which represents 31.8% of net assets.
*	Non-income producing
†	Security fully or partially on loan. Total market value of securities on loan is $338,899.
144A	Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended, or otherwise restricted. These securities may be resold in transactions exempt from registration, unless otherwise noted, and the value amounted $105,144, or 2.2% of net assets.

Summary of Investments by Sector Excluding Collateral for Securities Loaned	% of Investments			Value
Consumer Discretionary		7.4	%	$	357,361
Consumer Staples		7.6			369,887
Energy		2.6			123,557
Financials		3.1			150,721
Industrials		35.8			1,727,596
Information Technology		19.0			921,676
Materials		10.9			528,173
Utilities		11.3			547,043
Money Market Fund		2.3			111,939
		100.0	%	$	4,837,953

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