Van Eck Global Announces Market Vectors ETFs July 2015 Distributions
01 August 2015 - 8:09AM
Business Wire
Van Eck Global announced today its regular distributions per
share for the Market Vectors municipal income and income-oriented
exchange-traded funds.
The following dates apply to distribution declarations for the
funds listed below:
Ex-Date
Record Date
Payable Date
August 3, 2015
August 5, 2015
August 7, 2015
Expected Distribution Distribution Amount Fund
Ticker Frequency Per Share Market Vectors Intermediate Municipal
Index ETF ITM Monthly
$
0.0461 Market Vectors Long Municipal Index ETF MLN Monthly $
0.0577 Market Vectors Short Municipal Index ETF SMB Monthly
$ 0.0165 Market Vectors Short High Yield Municipal Index ETF
SHYD Monthly $ 0.0695 Market Vectors High-Yield Municipal
Index ETF HYD Monthly $ 0.1285 Market Vectors Pre-Refunded
Municipal Index ETF PRB Monthly $ 0.0174 Market Vectors
Emerging Markets Local Currency Bond ETF EMLC Monthly $ 0.0873
Market Vectors Investment Grade Floating Rate ETF FLTR
Monthly $ 0.0153 Market Vectors Emerging Markets Aggregate
Bond ETF EMAG Monthly $ 0.0890 Market Vectors CEF Municipal
Income ETF XMPT Monthly $ 0.1180 Market Vectors
International High Yield Bond ETF IHY Monthly $ 0.1218
Market Vectors Fallen Angel High Yield Bond ETF ANGL Monthly $
0.1170 Market Vectors Emerging Markets High Yield Bond ETF
HYEM Monthly $ 0.1400 Market Vectors Preferred Securities Ex
Financials ETF PFXF Monthly $ 0.0600 Market Vectors ChinaAMC
China Bond ETF CBON Monthly $ 0.0630 Market Vectors
Treasury-Hedged High Yield Bond ETF THHY Monthly $ 0.0900
The majority, and possibly all, of dividend distributions will
be paid out of net investment income earned by the funds. A portion
of this distribution may come from net short term realized capital
gains or return of capital.
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 Van Eck Global and 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.
Van Eck Global has offices around the world and managed
approximately $31.1 billion in investor assets as of June 30,
2015.
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 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 assets of some
Funds may be concentrated in a particular sector and may be subject
to more risk than investments in a diverse group of sectors. The
Funds may loan their securities, which may subject them to
additional credit and counterparty risk.
Fixed income investments are subject to interest rate risk,
credit risk, the risk that the issuer of a bond will fail to pay
interest and principal in a timely manner, or that negative
perceptions of the issuer’s ability to make such payments will
cause the price of that bond to decline. Bonds and bond funds
will decrease in value as interest rates rise. In addition when
interest rates fall income may decline.
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.
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. Bonds and bond funds
will decrease in value as interest rates rise. 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
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MacMillan CommunicationsMike MacMillan/Chris Sullivan, (212)
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