Symbols

AFK

·NYSE

--(--)

Key Stats

Assets Under Management

101.19MUSD

Fund Flows (1Y)

25.13MUSD

Dividend Yield

Discount/Premium to NAV

0.47%

Shares Outstanding

3.95M

Expense Ratio

0.88%

About VanEck Africa Index ETF

Issuer

Van Eck Associates Corporation

Brand

VanEck

Home Page

http://www.vaneck.com/vaneck-vectors/equity-etfs/afk/snapshot/

Inception Date

Jul 10, 2008

Structure

Open-Ended Fund

Index Tracked

MVIS GDP Africa Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Van Eck Associates Corp.

Distributor

Van Eck Securities Corp.

AFK provides exposure to the whole African continent and not just South Africa. The fund focuses on gross domestic product (GDP) rather than market cap. This places the emphasis on each country's economic footprint rather than the market value of equity. The index takes a broad approach to eligibility: It includes companies from all caps that earn a majority of revenues in Africa, rather than restricting eligibility to companies domiciled in the continent. A minimum of 25 constituents will compose the index and their weights are capped at 8%. The index is reviewed quarterly, while GDPs are reviewed annually in June.

Classification

Asset Class

Equity

	1-Month	3-Month	YTD	1-Year	3-Year	5-Year
Price Performance	+6.32%	+9.67%	+63.32%	+59.28%	+55.62%	+19.94%
NAV Total Return	+3.69%	+8.41%	+56.80%	+48.43%	+58.59%	+42.48%

No data is currently available

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Holdings Analysis

Sector

Basic Materials

38.99%

Financial Services

33.42%

Communication Services

13.48%

Energy

4.44%

Consumer Cyclical

4.00%

Industrials

3.09%

Consumer Defensive

1.51%

Healthcare

0.69%

Real Estate

0.24%

Asset

Region

60.44%

17.64%

15.57%

4.78%

1.58%

Investment Style

Mega

Large

Medium

Multi

Small

Value

Blend

Growth

Multi-Cap Blend

Provides exposure to companies of various sizes that exhibit both growth and value characteristics. This category offers a diversified portfolio with a mix of market caps.

See more ETFs with the same investment style

Top 10 Holdings

Symbol

Ratio

Naspers Ltd

5.17%

Barrick Mining

4.89%

Airtel Africa Plc

4.63%

Attijariwafa Bank

4.39%

Anglo American Plc

4.05%

Endeavour Mining Plc

3.75%

Ivanhoe Mines Ltd

3.42%

Banque Centrale Populaire

3.37%

GFI

Gold Fields

3.34%

Guaranty Trust Holding Co Plc

3.30%

Top 10 Weight 40.31%

80 Total Holdings

Dividends

Dividend Payout History

Declaration Date	Record Date	Payment Date	Amount
2023-12-18	2023-12-19	2023-12-22	0.314
2022-12-19	2022-12-20	2022-12-23	0.576
2021-12-20	2021-12-21	2021-12-27	0.839
2020-12-21	2020-12-22	2020-12-28	0.796
2019-12-23	2019-12-24	2019-12-30	1.286
2018-12-20	2018-12-21	2018-12-27	0.336
2017-12-18	2017-12-19	2017-12-22	0.494

Premium/Discount Chart

Premium/Discount to NAV

Price

Assets Under Management

Fund Flows

Inflows

Outflows