NYSEARCA:AFK

VanEck Africa Index ETF (AFK) Price, Holdings, & News

$14.94
+0.38 (+2.61%)
(As of 04/26/2024 ET)
Today's Range
$14.68
$14.94
50-Day Range
$12.93
$15.48
52-Week Range
$12.84
$15.99
Volume
6,810 shs
Average Volume
10,833 shs
Market Capitalization
$41.09 million
Assets Under Management
$41.50 million
Dividend Yield
3.88%
Net Expense Ratio
0.79%

About VanEck Africa Index ETF

The VanEck Africa Index ETF (AFK) is an exchange-traded fund that is based on the MVIS GDP Africa index, a GDP and market-cap-weighted index of companies generating a majority of their revenues in Africa. AFK was launched on Jul 10, 2008 and is managed by VanEck.

AFK Stock Price History

AFK ETF News Headlines

Forget AI, Imperium Is Expected to Grow 320,00% in 3 Years
If you think AI is big, then you have got to check out something I call Imperium… By my calculations, it’s set to grow 320,000% in three years. (You can see my calculations here.)
Intriguing International ETFs for 2024
BIZD VanEck BDC Income ETF
Forget AI, Imperium Is Expected to Grow 320,00% in 3 Years
If you think AI is big, then you have got to check out something I call Imperium… By my calculations, it’s set to grow 320,000% in three years. (You can see my calculations here.)
See More Headlines
Receive AFK Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for VanEck Africa Index ETF and its competitors with MarketBeat's FREE daily newsletter.

Fund Details

Issuer
Van Eck
Fund Name
VanEck Africa Index ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:AFK
Inception Date
7/10/2008
Fund Manager
Hao-Hung Peter Liao, Guo Hua Jason Jin
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
Market Vectors GDP Africa Index
Category
Broad Equity
Focus
Emerging Markets
Development Level
Emerging Markets
Region
Middle East & Africa
Number of Holdings
81

Fund Statistics

Assets Under Management
$41.50 million
Average Daily Volume
$10,543.20
Discount/Premium
-0.15%

Administrator, Advisor and Custodian

Administrator
Van Eck Associates Corporation
Advisor
Van Eck Associates Corporation
Custodian
State Street Bank and Trust Company
Distributor
Van Eck Securities Corporation
Transfer Agent
State Street Bank and Trust Company
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
N/A
Short Interest
2,900 shs

Miscellaneous

Beta
0.68
Creation Unit
50,000
Creation Fee
$1,000.00
Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

VanEck Africa Index ETF Expenses

TypeAFKEmerging Markets ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.50%0.74%0.54%0.50%0.51%
Other Expenses0.42%0.48%0.54%0.64%0.58%
Total Expense0.92%1.12%0.70%0.74%0.70%
Fee Waiver-0.13%-0.32%-0.55%-0.68%-0.57%
Net Expense0.79%0.97%0.60%0.58%0.58%

VanEck Africa Index ETF (AFK) Holdings & Exposure

Top 10 AFK Holdings

  • Ivanhoe Mines Ltd.
    Holding Weight: 4.95%
  • Anglo American PLC
    Holding Weight: 4.77%
  • Airtel Africa PLC Ordinary Shares
    Holding Weight: 4.09%
  • Attijariwafa Bank SA Registered Shares
    Holding Weight: 4.08%
  • Banque Centrale Populaire SA
    Holding Weight: 3.91%
  • CMOC Group Ltd Class H
    Holding Weight: 3.86%
  • Commercial International Bank - Egypt CIB DR
    Holding Weight: 3.70%
  • Maroc Telecom SA Shs. Itissalat Al-Maghrib
    Holding Weight: 3.62%
  • ProShares UltraPro Short Communication Services Select Sector(NYSEARCA:SCOM)
    Holding Weight: 3.00%
  • Firstrand Ltd
    Holding Weight: 2.98%

AFK Sector Exposure

AFK Industry Exposure


AFK ETF - Frequently Asked Questions

How have AFK shares performed in 2024?

VanEck Africa Index ETF's stock was trading at $13.80 at the start of the year. Since then, AFK stock has increased by 8.3% and is now trading at $14.94.
View the best growth stocks for 2024 here
.

What does AFK invest in?

VanEck Africa Index ETF is a equity fund issued by Van Eck. AFK focuses on emerging markets investments and follows the Market Vectors GDP Africa Index. The fund's investments total to approximately $41.50 million assets under management.

What is the management fee for VanEck Africa Index ETF?

VanEck Africa Index ETF's management fee is 0.50% and has other expenses of 0.42%. However, AFK has a fee waiver of -0.13% to reimburse the expenses. The net expense ratio for AFK is 0.79%.

What other stocks do shareholders of VanEck Africa Index ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other VanEck Africa Index ETF investors own include Arbor Realty Trust (ABR), Crown Castle (CCI), Digital Realty Trust (DLR), Fortinet (FTNT), Home Depot (HD), Keysight Technologies (KEYS), MFA Financial (MFA), Medical Properties Trust (MPW), NextEra Energy (NEE) and Paycom Software (PAYC).

How do I buy shares of VanEck Africa Index ETF?

Shares of AFK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:AFK) was last updated on 4/27/2024 by MarketBeat.com Staff

From Our Partners