Market Vectors Equity ETFs Announce 2014 Yearend Distributions
20 December 2014 - 11:00AM
Business Wire
The Market Vectors ETF Trust announced today the following 2014
annual distributions per share for the Market Vectors equity
exchange-traded funds.
The following dates apply to today’s distribution
declarations:
Ex-Date
Record
Date
Payable
Date
December 22, 2014 December 24, 2014 December 29, 2014 Equity ETFs
Ticker
Dividend
Short-TermCapital Gain
Long-TermCapital Gain
Market Vectors Africa Index ETF AFK $0.757 None None Market Vectors
Agribusiness ETF MOO $1.688 None None Market Vectors Biotech ETF
BBH None None None Market Vectors Brazil Small-Cap ETF BRF $0.892
None None Market Vectors ChinaAMC A-Share ETF PEK None None None
Market Vectors ChinaAMC SME-ChiNext ETF CNXT None None None Market
Vectors Coal ETF KOL $0.366 None None Market Vectors Egypt Index
ETF EGPT $2.758 None None Market Vectors Environmental Services ETF
EVX $1.052 None None Market Vectors Gaming ETF BJK $1.884 None None
Market Vectors Global Alternative Energy ETF GEX $0.113 None None
Market Vectors Gold Miners ETF GDX $0.121 None None Market Vectors
Gulf States Index ETF MES $1.036 None None Market Vectors India
Small-Cap Index ETF SCIF $0.435 None None Market Vectors Indonesia
Index ETF IDX $0.503 None None Market Vectors Indonesia Small-Cap
ETF IDXJ $0.600 None None Market Vectors Israel ETF ISRA $0.281
$0.462 None Market Vectors Junior Gold Miners ETF GDXJ $0.178 None
None Market Vectors Morningstar Wide Moat ETF MOAT $0.416 None None
Market Vectors Natural Resources ETF
HAP
HAP $0.851 None None Market Vectors Oil Services ETF OIH $0.855
None None Market Vectors Poland ETF PLND $0.795 None None Market
Vectors Rare Earth/Strategic Metals ETF REMX $0.386 None None
Market Vectors Retail ETF RTH $0.291 None None Market Vectors
Russia ETF RSX $0.638 None None Equity ETFs
Ticker
Dividend
Short-TermCapital Gain
Long-TermCapital Gain
Market Vectors Russia Small-Cap ETF RSXJ $0.406 None None Market
Vectors Semiconductor ETF SMH $0.632 None None Market Vectors Solar
Energy ETF KWT $0.450 None None Market Vectors Steel ETF SLX $1.159
None None Market Vectors Unconventional Oil and Gas ETF FRAK $0.292
None None Market Vectors Uranium+Nuclear Energy ETF NLR $1.273 None
None Market Vectors Vietnam ETF VNM $0.510 None None
Passive Foreign Investment Company (PFIC) Income
Several Market Vectors ETFs may make investments in non-U.S.
corporations classified as “passive foreign investment companies.”
Generally speaking, PFICs are non-U.S. corporations having 50% or
more of their assets invested in cash or securities, or having 75%
or more of their gross income originating from passive sources,
including but not limited to interest, dividends and rents. In
other words, these foreign companies primarily derive their revenue
streams from investments (rather than operations). Please refer to
your Market Vectors ETF’s Statement of Additional Information (SAI)
for further information on PFICs.
IRS Circular 230 disclosure: Van Eck does not provide legal, tax
or accounting advice. Any statement contained in this communication
concerning U.S. tax matters is not intended or written to be used,
and cannot be used, for the purpose of avoiding penalties imposed
on the relevant taxpayer. Shareholders or potential shareholders of
the Market Vectors ETFs should obtain their own independent tax
advice based on their particular circumstances.
The amount of dividends paid by each fund may vary from time to
time. Past amounts of dividends are no guarantee of future dividend
payment amounts.
If you have any questions concerning this information or the
Market Vectors ETFs in general, please call 1.888.MKT.VCTR between
9:00 a.m. and 5:30 p.m. EST, Monday through Friday.
About Market Vectors ETFs
Founded in 1955, Van Eck Associates Corporation was among the
first U.S. money managers helping investors achieve greater
diversification through global investing. Today the firm continues
this tradition by offering innovative, actively managed investment
portfolios in hard assets, emerging markets, precious metals
including gold, fixed income, and other alternative asset
classes.
Market Vectors exchange-traded products have been sponsored by
Van Eck Global since 2006 when the firm launched the nation’s first
gold-mining ETF. Today, Market Vectors ETFs and ETNs span several
asset classes, including equities, fixed income (municipal and
international bonds) and currency markets. Market Vectors is one of
the largest ETP families in the U.S and worldwide.
Van Eck Global also offers mutual funds, insurance trust funds,
separate accounts and alternative investments. Designed for
investors seeking innovative choices for portfolio diversification,
Van Eck Global’s investment products are often categorized in asset
classes having returns with low correlations to those of more
traditional U.S. equity and fixed income investments.
Please call 888.MKT.VCTR or visit our website for the most
recent month-end performance of Market Vectors ETFs. This
information will be available no later than seven business days
after the most recent month end.
The principal risks of investing in Market Vectors Equity ETFs
include sector, market, economic, political, foreign currency,
world event, index tracking and non-diversification risks, as well
as fluctuations in net asset value and the risks associated with
investing in less developed capital markets. The Funds may loan
their securities, which may subject them to additional credit and
counterparty risk. Please see the Prospectus and Summary
Prospectus of each Fund for more complete information regarding its
specific risks.
Fund shares are not individually redeemable and will be issued
and redeemed at their NAV only through certain authorized
broker-dealers in large, specified blocks of shares called
“creation units” and otherwise can be bought and sold only through
exchange trading. Creation units are issued and redeemed
principally in kind. Shares may trade at a premium or discount to
their NAV in the secondary market. You will incur brokerage
expenses when trading Fund shares in the secondary market.
The “net asset value” (NAV) of an ETF is determined at the close
of each business day, and represents the dollar value of one share
of the ETF; it is calculated by taking the total assets of an ETF
subtracting total liabilities, and dividing by the total number of
shares outstanding. The NAV is not necessarily the same as an ETF's
intraday trading value. Investors should not expect to buy or sell
shares at NAV. Total returns are based upon closing “market price”
(price) of the ETF on the dates listed.
Investors may call 888.MKT.VCTR or visit
marketvectorsetfs.com for a free prospectus
and summary prospectus. Investing involves
risk, including possible loss of principal. An investor should
consider the investment objective, risks, and charges and expenses
of Market Vectors ETFs carefully before investing. The prospectus
and summary prospectus contains this and other information. Please
read the prospectus and summary prospectus carefully before
investing.
Van Eck Securities Corporation, Distributor,
335 Madison Avenue, New York, NY 10017
MacMillan CommunicationsMike MacMillan/Chris
Sullivan212-473-4442chris@macmillancom.com