VanEck International Investors Gold Fund Class I logo

VanEck International Investors Gold Fund Class I (INIIX)

Market Open
20 Oct, 08:00 PM
NASDAQ NASDAQ
$
39. 65
-0.29
-0.7261%
$
- Market Cap
0.2% Div Yield
0 Volume
$ 39.94
Previous Close
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Day Range
39.65 39.65
Year Range
30.24 51.33
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Summary

INIIX trading today lower at $39.65, a decrease of -0.7261% from yesterday's close, completing a monthly decrease of -2.3399% or -$0.95. Over the past 12 months, INIIX stock gained 6.2148%.
INIIX pays dividends to its shareholders, with the most recent payment made on Dec 18, 2024. The next estimated payment will be in 10 months ago on Dec 18, 2025 for a total of $0.822.
The stock of the company had never split.
The company's stock is traded on one exchange.

INIIX Chart

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Forbes: Turbocharge Your Gold Investing

Learn how VanEck's Imaru Casanova leverages her engineering and resource investing expertise to navigate the high-risk, high-reward world of gold mining stocks. Gold has long been a safe-haven asset, but for investors looking to enhance their exposure, mining stocks offer a potentially more lucrative—though riskier—alternative to holding bullion.

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VanEck International Investors Gold Fund Class I (INIIX) FAQ

What is the stock price today?

The current price is $39.65.

On which exchange is it traded?

VanEck International Investors Gold Fund Class I is listed on NASDAQ.

What is its stock symbol?

The ticker symbol is INIIX.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 0.2%.

What is its market cap?

As of today, no market cap data is available.

Has VanEck International Investors Gold Fund Class I ever had a stock split?

No, there has never been a stock split.

VanEck International Investors Gold Fund Class I Profile

NASDAQ Exchange
United States Country

Overview

This company is a specialized investment fund with a primary focus on gold-related activities and investments. It sets a benchmark of allocating at least 80% of its net assets in securities of companies that are significantly engaged in the gold industry, including exploration, mining, processing, or trading in gold. Additionally, the fund extends its investment to instruments closely linked to the value of gold, such as gold coins and bullion. The criterion for a company to be considered 'principally engaged in gold-related activities' is having at least 50% of its revenues come from such operations. A distinctive feature of this fund is its strategic focus on the gold-mining sector, where it commits 25% or more of its total assets, underlining its concentrated investment philosophy. This approach highlights a non-diverse portfolio structure, aiming to capitalize on the growth and profitability of the gold sector.

Products and Services

The fund's investment strategy encompasses several key areas in the gold investment and gold-related sectors:

  • Securities of Companies Engaged in Gold-Related Activities: The primary investment focus is on companies significantly involved in the gold sector. This includes businesses that are into exploration, mining, processing, or even those dealing in gold. By targeting companies that derive at least 50% of their revenues from gold-related activities, the fund aims to leverage the growth and value generation in the gold industry.
  • Gold Derivative Instruments: Beyond direct gold industry investment, the fund also allocates assets to financial instruments that derive their value from gold. This may include futures, options, or other derivative products where the underlying asset is gold. This strategy is designed to diversify the investment approach while still tying the fund's performance closely to the gold market dynamics.
  • Gold Coins and Bullion: A more traditional approach within the fund's strategy is the investment in physical gold assets like gold coins and bullion. These assets offer a tangible investment in gold, providing a hedge against market volatility and inflation. It represents a direct investment in gold as a commodity, reflecting the fund's commitment to the gold market.

Contact Information

Address: New York, NY 10017
Phone: -