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

VANECK ENVIRONMENTAL SUSTAINABILITY FUND

SCHEDULE OF INVESTMENTS

September 30, 2022 (unaudited)

	Number of Shares		Value
COMMON STOCKS: 95.5%
Australia: 2.4%
Allkem Ltd. *		9,011	$	79,689
Ecograf Ltd. * †		86,700		17,568
				97,257
Brazil: 0.4%
Yara International ASA (NOK)		470		16,495
Canada: 1.5%
Ballard Power Systems, Inc. (USD) * †		1,900		11,628
Burcon NutraScience Corp. * †		3,000		1,010
Euro Manganese, Inc. (AUD) *		92,600		16,590
Farmers Edge, Inc. *		790		406
Li-Cycle Holdings Corp. (USD) *		2,760		14,683
Maple Leaf Foods, Inc. †		1,040		15,540
				59,857
China: 4.9%
BYD Co. Ltd. (HKD)		4,500		110,860
Contemporary Amperex Technology Co. Ltd.		1,000		56,305
Flat Glass Group Co. Ltd. (HKD) * †		12,000		29,037
				196,202
Denmark: 4.3%
Novozymes A/S		1,030		51,760
Orsted AS 144A		840		66,949
Vestas Wind Systems A/S		2,800		51,556
				170,265
Finland: 3.0%
Neste Oyj		2,710		118,128
France: 4.3%
Cie de Saint-Gobain		440		15,732
Engie SA		6,800		78,267
Legrand SA		520		33,623
Nexans SA		490		43,619
				171,241
Germany: 2.1%
Infineon Technologies AG		3,710		81,190
Isle of Man: 0.1%
Agronomics Ltd. *		14,600		2,050
Israel: 0.0%
Else Nutrition Holdings, Inc. (CAD) *		2,200		1,131
Italy: 0.8%
Enel SpA		7,600		31,169
Japan: 2.0%
Keyence Corp.		240		79,334
Netherlands: 1.1%
OCI NV		1,150		42,103
Norway: 5.3%
FREYR Battery SA (USD) * †		14,610		208,046

	Number of Shares		Value
South Korea: 3.3%
LG Energy Solution Ltd. *		240	$	70,766
Samsung SDI Co. Ltd.		160		60,183
				130,949
Spain: 1.5%
Avangrid, Inc. (USD)		950		39,615
Soltec Power Holdings SA *		4,800		19,977
				59,592
Sweden: 2.9%
Atlas Copco AB		8,400		78,073
Oatly Group AB (ADR) * †		12,650		33,270
				111,343
United States: 55.6%
Amyris, Inc. * †		990		2,891
Ball Corp.		1,100		53,152
Benson Hill, Inc. * †		4,500		12,330
Beyond Meat, Inc. * †		340		4,818
Bloom Energy Corp. *		1,900		37,981
Bunge Ltd.		970		80,093
Clean Harbors, Inc. *		250		27,495
Darling Ingredients, Inc. *		1,490		98,564
Deere & Co.		400		133,556
Enphase Energy, Inc. *		890		246,948
EVgo, Inc. * †		8,000		63,280
Fluence Energy, Inc. * †		1,000		14,590
Generac Holdings, Inc. *		310		55,223
Hannon Armstrong Sustainable Infrastructure Capital, Inc.		1,679		50,252
John Bean Technologies Corp.		110		9,460
Lindsay Corp.		150		21,492
MP Materials Corp. *		1,200		32,760
NextEra Energy Partners LP		730		52,786
Ormat Technologies, Inc. †		1,010		87,062
Pentair Plc		990		40,224
Piedmont Lithium, Inc. *		1,460		78,095
Plug Power, Inc. * †		1,300		27,313
Quanta Services, Inc.		1,460		185,989
Republic Services, Inc.		690		93,868
SolarEdge Technologies, Inc. *		540		124,987
Stem, Inc. *		10,020		133,667
Sunnova Energy International, Inc. *		2,800		61,824
Tattooed Chef, Inc. *		1,640		8,167
Teradyne, Inc.		640		48,096
Tesla, Inc. *		360		95,490
TPI Composites, Inc. *		2,500		28,200
Trimble, Inc. *		1,800		97,686
TuSimple Holdings, Inc. *		640		4,864
Xylem, Inc.		1,000		87,360
				2,200,563
Total Common Stocks (Cost: $5,057,666)				3,776,915

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VANECK ENVIRONMENTAL SUSTAINABILITY FUND

SCHEDULE OF INVESTMENTS

(unaudited) (continued)

	Number of Shares		Value
MASTER LIMITED PARTNERSHIP: 0.9% (Cost: $45,048)
Canada: 0.9%
Brookfield Renewable Partners LP (USD)		1,200	$	37,560
MONEY MARKET FUND: 4.1% (Cost: $163,816)
Invesco Treasury Portfolio - Institutional Class		163,816		163,816
Total Investments Before Collateral for Securities Loaned: 100.5% (Cost: $5,266,530)				3,978,291

	Number of Shares		Value
SHORT-TERM INVESTMENT HELD AS COLLATERAL FOR SECURITIES ON LOAN: 10.5% (Cost: $416,465)
Money Market Fund: 10.5%
State Street Navigator Securities Lending Government Money Market Portfolio		416,465	$	416,465
Total Investments: 111.0% (Cost: $5,682,995)				4,394,756
Liabilities in excess of other assets: (11.0)%				(436,554)
NET ASSETS: 100.0%			$	3,958,202

Definitions:

ADR	American Depositary Receipt
AUD	Australia Dollar
CAD	Canadian Dollar
HKD	Hong Kong Dollar
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 $484,884.
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 $66,949, or 1.7% of net assets.

Summary of Investments by Sector Excluding Collateral for Securities Loaned	% of Investments			Value
Consumer Discretionary		6.8	%	$	269,630
Consumer Staples		6.4			253,911
Energy		3.0			118,128
Financials		1.3			52,302
Industrials		37.8			1,505,290
Information Technology		19.3			767,868
Materials		9.9			392,113
Utilities		11.4			455,233
Money Market Fund		4.1			163,816
		100.0	%	$	3,978,291

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