Van Eck Funds NPORT-P VanEck Morningstar Wide Moat Fund (Mar 2023 report)

VANECK MORNINGSTAR WIDE MOAT FUND

SCHEDULE OF INVESTMENTS

March 31, 2023 (unaudited)

	Number of Shares		Value
COMMON STOCKS: 99.8%
Banks: 4.0%
US Bancorp		9,224	$	332,525
Wells Fargo & Co.		9,561		357,390
				689,915
Capital Goods: 10.5%
3M Co.		3,551		373,246
Allegion Plc		1,836		195,956
Boeing Co. *		1,053		223,689
Emerson Electric Co.		4,498		391,956
Masco Corp.		8,159		405,665
Rockwell Automation, Inc.		759		222,728
				1,813,240
Commercial & Professional Services: 4.8%
Equifax, Inc.		2,060		417,850
TransUnion		6,658		413,728
				831,578
Consumer Discretionary Distribution & Retail: 6.6%
Amazon.com, Inc. *		4,433		457,885
Etsy, Inc. *		3,425		381,305
MercadoLibre, Inc. *		232		305,790
				1,144,980
Consumer Durables & Apparel: 2.3%
Polaris, Inc.		3,621		400,591
Consumer Services: 1.3%
Domino’s Pizza, Inc.		672		221,673
Financial Services: 8.2%
Berkshire Hathaway, Inc. *		646		199,465
BlackRock, Inc.		311		208,096
Intercontinental Exchange, Inc.		3,976		414,657
State Street Corp.		2,498		189,074
Tradeweb Markets, Inc.		3,096		244,646
Western Union Co.		14,860		165,689
				1,421,627
Food, Beverage & Tobacco: 3.5%
Constellation Brands, Inc.		956		215,951
Kellogg Co.		5,954		398,680
				614,631
Health Care Equipment & Services: 7.4%
Medtronic Plc		5,248		423,094
Veeva Systems, Inc. *		2,385		438,339
Zimmer Biomet Holdings, Inc.		3,282		424,034
				1,285,467
Materials: 4.8%
Ecolab, Inc.		2,643		437,496

	Number of Shares		Value
Materials (continued)
International Flavors & Fragrances, Inc.		4,289	$	394,416
				831,912
Media & Entertainment: 11.0%
Alphabet, Inc. *		4,365		452,781
Comcast Corp.		11,514		436,496
Meta Platforms, Inc. *		2,754		583,683
Walt Disney Co. *		4,260		426,554
				1,899,514
Pharmaceuticals, Biotechnology & Life Sciences: 4.9%
Biogen, Inc. *		1,482		412,040
Gilead Sciences, Inc.		2,616		217,050
Pfizer, Inc.		5,231		213,425
				842,515
Semiconductors & Semiconductor Equipment: 7.9%
Lam Research Corp.		849		450,072
Microchip Technology, Inc.		2,482		207,942
Monolithic Power Systems, Inc.		516		258,279
Teradyne, Inc.		4,154		446,596
				1,362,889
Software & Services: 21.5%
Adobe, Inc. *		1,178		453,966
Fortinet, Inc. *		7,043		468,078
Intuit, Inc.		504		224,698
Microsoft Corp.		1,620		467,046
Roper Technologies, Inc.		494		217,701
Salesforce, Inc. *		2,662		531,814
ServiceNow, Inc. *		958		445,202
Tyler Technologies, Inc. *		1,232		436,917
Workday, Inc. *		2,269		468,639
				3,714,061
Utilities: 1.1%
Dominion Energy, Inc.		3,290		183,944
Total Common Stocks (Cost: $16,145,176)				17,258,537
MONEY MARKET FUND: 0.1% (Cost: $12,665)
Invesco Treasury Portfolio - Institutional Class		12,665		12,665
Total Investments: 99.9% (Cost: $16,157,841)				17,271,202
Other assets less liabilities: 0.1%				10,812
NET ASSETS: 100.0%			$	17,282,014

Footnotes:

* Non-income producing

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VANECK MORNINGSTAR WIDE MOAT FUND

SCHEDULE OF INVESTMENTS

(unaudited) (continued)

Summary of Investments by Sector	% of Investments			Value
Information Technology		29.4	%	$	5,076,950
Industrials		15.3			2,644,818
Health Care		12.3			2,127,982
Financials		12.2			2,111,542
Communication Services		11.0			1,899,514
Consumer Discretionary		10.2			1,767,244
Materials		4.8			831,912
Consumer Staples		3.6			614,631
Utilities		1.1			183,944
Money Market Fund		0.1			12,665
		100.0	%	$	17,271,202

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