0000768847 ck0000768847:S000094755Member 2026-05-01 2026-05-01 0000768847 2026-05-01 2026-05-01 0000768847 ck0000768847:S000094755Member ck0000768847:C000263290Member 2026-05-01 2026-05-01 pure iso4217:USD 497 0000768847 false N-1A <div style="text-align:center"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">SUPPLEMENT DATED SEPTEMBER 14, 2026 TO</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">THE SUMMARY PROSPECTUS AND PROSPECTUS DATED MAY 1, 2026 AND THE </span></div><div style="text-align:center"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">CURRENT STATEMENT OF ADDITIONAL INFORMATION, as supplemented, </span></div><div style="text-align:center"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">OF VANECK FUNDS</span></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">VANECK EMERGING MARKETS BOND ETF</span></div><div style="margin-bottom:6pt;text-align:center"><span><br/></span></div><div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">This Supplement updates certain information contained in the above-dated Summary Prospectus and Prospectus, and the current Statement of Additional Information (“SAI”) for VanEck Funds (the “Trust”) regarding VanEck Emerging Markets Bond ETF (the “Fund”), a series of the Trust. You may obtain copies of the Fund’s Summary Prospectus, Prospectus and SAI free of charge, upon request, by calling toll-free 1.800.826.2333 or by visiting the VanEck website at www.vaneck.com.</span></div><div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Effective September 30, 2026 (the “Effective Date”), Van Eck Associates Corporation, the investment adviser to the Fund (the “Adviser”) has agreed to lower the management fee for the Fund from 0.75% to 0.65% of the average daily net assets of the Fund. </span></div><div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Accordingly, effective on the Effective Date, the Fund’s Summary Prospectus and Prospectus are supplemented as follows:</span></div><div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">The “Annual Fund Operating Expenses” and “Expense Example” tables (including the related footnotes) as included in the Fund’s Summary Prospectus and “Summary Information - Fees and Expenses” section of the Fund’s Prospectus will be deleted and replaced with the following: </span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Annual Fund Operating Expenses</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:700;line-height:120%"> </span></div><div><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">(expenses that you pay each year as a percentage of the value of your investment)</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:90.869%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.931%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#e1e1e1;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#323232;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Management Fee</span><span style="color:#323232;font-family:'Open Sans',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#e1e1e1;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#323232;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.65 </span></td><td style="background-color:#e1e1e1;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"><span style="color:#323232;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#e1e1e1;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:1pt"><span style="color:#323232;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other Expenses</span><span style="color:#323232;font-family:'Open Sans',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(b) (c)</span></div></td><td colspan="2" style="background-color:#e1e1e1;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.00 </span></td><td style="background-color:#e1e1e1;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e1e1e1;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#323232;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total Annual Fund Operating Expenses</span><span style="color:#323232;font-family:'Open Sans',sans-serif;font-size:5.85pt;font-weight:700;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="background-color:#e1e1e1;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#323232;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:100%">0.65</span><span style="color:#323232;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#e1e1e1;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"><span style="color:#323232;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:100%">%</span></td></tr></table></div><div style="padding-left:36pt;text-align:justify;text-indent:-36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(a)    "Management Fees" are restated to reflect current fees.</span></div><div style="padding-left:36pt;text-align:justify;text-indent:-36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(b)    Van Eck Associates Corporation (the “Adviser”) will pay all expenses of the Fund, except for the fee payment under the investment management agreement, acquired fund fees and expenses, interest expense, offering costs, trading expenses, taxes and extraordinary expenses. Notwithstanding the foregoing, the Adviser has agreed to pay the offering costs until at least </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">May 1, 2027</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(c)    “Other Expenses” are restated to reflect current fees.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span><br/></span></div><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">EXPENSE EXAMPLE </span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:46.212%"><tr><td style="width:1.0%"></td><td style="width:66.113%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:31.687%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#e1e1e1;padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:bottom"><span style="color:#323232;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Year</span></td><td colspan="3" style="background-color:#e1e1e1;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#323232;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Expenses</span></td></tr><tr><td colspan="3" style="background-color:#e1e1e1;border-top:0.5pt solid #7e7e7e;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:bottom"><span style="color:#323232;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1</span></td><td colspan="3" style="background-color:#e1e1e1;border-top:0.5pt solid #7e7e7e;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#323232;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$66</span></td></tr><tr><td colspan="3" style="background-color:#e1e1e1;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:bottom"><span style="color:#323232;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3</span></td><td colspan="3" style="background-color:#e1e1e1;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#323232;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$208</span></td></tr><tr><td colspan="3" style="background-color:#e1e1e1;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:bottom"><span style="color:#323232;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5</span></td><td colspan="3" style="background-color:#e1e1e1;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#323232;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$362</span></td></tr><tr><td colspan="3" style="background-color:#e1e1e1;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:bottom"><span style="color:#323232;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10</span></td><td colspan="3" style="background-color:#e1e1e1;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#323232;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$810</span></td></tr></table></div><div style="margin-bottom:6pt"><span><br/></span></div><div style="margin-bottom:6pt;margin-top:5pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">The third paragraph included under the “Management of the Fund” section of the Prospectus will be deleted and replaced with the following:</span></div><div style="margin-bottom:3pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Pursuant to the Investment Management Agreement, the Adviser is responsible for all expenses of the Fund, including the costs of transfer agency, custody, fund administration, legal, audit and other services, except for the fee payment under the Investment Management Agreement, acquired fund fees and expenses, interest expense, offering costs, trading expenses, taxes and extraordinary expenses. For its services to the Fund, the Fund has agreed to pay the Adviser an annual unitary management fee equal to 0.65% of its average daily net assets. Offering costs excluded from the annual unitary management fee are: (a) legal fees pertaining to the Fund’s Shares offered for sale, (b) Securities and Exchange Commission and state registration fees; and (c) initial fees paid for Shares of the Fund to be listed on an exchange. Notwithstanding the foregoing, the Adviser </span></div><div style="margin-bottom:3pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">has agreed to pay all such offering costs until at least May 1, 2027. Prior to September 30, 2026, the Fund paid the Adviser an annual unitary management fee equal to 0.75% of its average daily net assets. The Predecessor Fund paid a management fee at the annual rate of: (i) 0.80% of the first $1.5 billion of average daily net assets of the Predecessor Fund and (ii) 0.75% of average daily net assets in excess of $1.5 billion. For the fiscal year ended December 31, 2025, the Fund paid total investment advisory compensation (net of fee waivers, if applicable) amounting to 0.75% of the Fund's average daily net assets. The Predecessor Fund operated pursuant to a different fee structure than the Fund. </span></div><div style="margin-bottom:3pt;text-align:justify"><span><br/></span></div><div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:115%">Additionally, the third paragraph of the section of the SAI entitled “Investment Advisory Services” will be deleted and replaced with the following:</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">VEAC and VEARA each serve as investment manager to the applicable Funds pursuant to investment advisory agreements between the Trust and such Adviser (each, an “Advisory Agreement”). The advisory fee paid pursuant to each Advisory Agreement is computed daily and paid monthly by each Fund to its Adviser at the following annual rates: CM Commodity Index Fund pays VEARA a fee at the annual rate of 0.65% of the Fund’s average daily net assets, which includes the fee paid to VEARA for accounting and administrative services; Emerging Markets Fund pays VEAC a fee at the annual rate of 0.75% of average daily net assets of the Fund; Global Resources Fund pays VEAC a fee at the annual rate of 0.95% of the first $2.5 billion of average daily net assets of the Fund and 0.90% of average daily net assets in excess of $2.5 billion, which includes the fee paid to VEAC for accounting and administrative services; International Investors Gold Fund pays VEAC a fee at the annual rate of 0.75% of the first $500 million of average daily net assets of the Fund, 0.65% of the next $250 million of average daily net assets and 0.50% of average daily net assets in excess of $750 million; VanEck Emerging Markets Bond ETF pays VEAC a fee at the annual rate of 0.65% of average daily net assets of the Fund; VanEck India Select ETF pays VEAC a fee at the annual rate of 0.75% of average daily net assets of the Fund; VanEck Morningstar Wide Moat Fund pays VEAC a fee at the annual rate of 0.45% of average daily net assets, which includes the fee paid to VEAC for accounting and administrative services; and Onchain Economy ETF pays VEARA a fee at the annual rate of 0.69% of the Fund’s average daily net assets, which includes the fee paid to VEARA for accounting and administrative services. Each class of a Fund’s shares, if applicable, pays its proportionate share of the Fund’s fee. For purposes of calculating these fees for the International Investors Gold Fund, CM Commodity Index Fund, and Onchain Economy ETF, the net assets of each Fund include the value of each Fund’s interest in its respective Subsidiary. Each of the Subsidiaries does not pay VEAC or VEARA, as applicable, a fee for managing the such Subsidiary’s portfolio. From time to time, the Adviser may waive all or a portion of its fees.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Please retain this supplement for future reference.</span></div> 2026-09-14 2026-05-01 VANECK FUNDS VanEck Emerging Markets Bond ETF The “Annual Fund Operating Expenses” and “Expense Example” tables (including the related footnotes) as included in the Fund’s Summary Prospectus and “Summary Information - Fees and Expenses” section of the Fund’s Prospectus will be deleted and replaced with the following: Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) 0.0065 0.0000 0.0065 “Other Expenses” are restated to reflect current fees. EXPENSE EXAMPLE 66 208 362 810 "Management Fees" are restated to reflect current fees. Van Eck Associates Corporation (the “Adviser”) will pay all expenses of the Fund, except for the fee payment under the investment management agreement, acquired fund fees and expenses, interest expense, offering costs, trading expenses, taxes and extraordinary expenses. Notwithstanding the foregoing, the Adviser has agreed to pay the offering costs until at least May 1, 2027. “Other Expenses” are restated to reflect current fees.