VanEck announced today the following 2016 annual distributions per share for its VanEck VectorsTM equity exchange-traded funds.
|Ex-Date: December 19, 2016||Record Date: December 21, 2016||Payable Date: December 23, 2016|
|Hard Assets ETFs||Ticker||Dividend|
|VanEck Vectors Agribusiness ETF|
|VanEck Vectors Coal ETF||KOL||$0.132||15%||None||None|
|VanEck Vectors Global Alternative Energy ETF||GEX||$1.071||None||None||None|
|VanEck Vectors Gold Miners ETF||GDX||$0.055||27%||None||None|
|VanEck Vectors Junior Gold Miners ETF||GDXJ||$1.507||99%||None||None|
|VanEck Vectors Natural Resources ETF||HAP||$0.643||< 1%||None||None|
|VanEck Vectors Oil Refiners ETF||CRAK||$0.713||7%||None||None|
|VanEck Vectors Oil Services ETF||OIH||$0.466||None||None||None|
|VanEck Vectors Rare Earth/Strategic Metals ETF||REMX||$0.380||5%||None||None|
|VanEck Vectors Solar Energy ETF||KWT||$1.425||None||None||None|
|VanEck Vectors Steel ETF||SLX||$0.402||None||None||None|
|VanEck Vectors Unconventional Oil & Gas ETF||FRAK||$0.063||19%||None||None|
|VanEck Vectors Uranium+Nuclear Energy ETF||NLR||$1.719||None||None||None|
|VanEck Vectors Africa Index ETF||AFK||$0.528||6%||None||None|
|VanEck Vectors Brazil Small-Cap ETF||BRF||$0.676||23%||None||None|
|VanEck Vectors ChinaAMC CSI 300 ETF||PEK||$0.168||None||$0.026||$0.254|
|VanEck Vectors ChinaAMC SME-ChiNext ETF||CNXT||None||None||None||None|
|VanEck Vectors Egypt Index ETF||EGPT||None||None||None||None|
|VanEck Vectors India Small-Cap Index ETF||SCIF||$0.566||37%||None||None|
|VanEck Vectors Indonesia Index ETF||IDX||$0.247||< 1%||None||None|
|VanEck Vectors Israel ETF||ISRA||$0.435||None||None||None|
|VanEck Vectors Poland ETF||PLND||$0.264||None||None||None|
|VanEck Vectors Russia ETF||RSX||$0.334||None||None||None|
|VanEck Vectors Russia Small-Cap ETF||RSXJ||$0.780||10%||None||None|
|VanEck Vectors Vietnam ETF||VNM||$0.318||< 1%||None||None|
|Strategic Equity ETFs||Ticker||Dividend|
|VanEck Vectors Global Spin-Off ETF||SPUN||$0.324||None||None||None|
|VanEck Vectors Morningstar International Moat ETF||MOTI||$0.370||10%||None||None|
|VanEck Vectors Morningstar Wide Moat ETF||MOAT||$0.408||None||None||None|
Ex-Date: December 19, 2016
|Record Date: December 21, 2016||Payable Date: December 23, 2016|
|VanEck Vectors Biotech ETF||BBH||$0.327||None||None||None|
|VanEck Vectors Environmental Services ETF||EVX||$0.531||None||None||None|
|VanEck Vectors Gaming ETF||BJK||$1.066||None||None||None|
|VanEck Vectors Generic Drugs ETF||GNRX||$0.097||78%||None||None|
|VanEck Vectors Retail ETF||RTH||$1.394||None||None||None|
|VanEck Vectors Semiconductor ETF||SMH||$0.576||None||None||None|
VanEck’s mission is to offer intelligently designed investment strategies that take advantage of targeted market opportunities. Founded in 1955, the firm is a pioneer in global investing with a history of placing clients’ interests first in all market environments. Today, VanEck continues this tradition by offering active and passive investment portfolios in hard assets, emerging markets equity and debt, precious metals, fixed income, and other alternative asset classes. VanEck Vectors exchange-traded products are one of the largest ETP families in the world, managing more than 70 funds that span a range of sectors, asset classes, and geographies. As of November 30, 2016, VanEck managed approximately $37.8 billion in assets, including mutual funds, ETFs, and institutional accounts.
Passive Foreign Investment Company (PFIC) Income
Several VanEck 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 VanEck Vectors ETF’s Statement of Additional Information (SAI) for further information on PFICs.
IRS Circular 230 disclosure: VanEck 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 VanEck Vectors ETFs should obtain their own independent tax advice based on their particular circumstances.
All registered investment companies, including VanEck Vectors ETFs, are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading VanEck Vectors ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid.
To receive a distribution, you must have been a registered shareholder of the relevant VanEck Vectors ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distribution are not indicative of future distributions.
Fund shares are not individually redeemable and will be issued and redeemed at their Net Asset Value (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. Past performance is no guarantee of future results. Returns for actual Fund investments may differ from what is shown because of differences in timing, the amount invested, and fees and expenses.
Investing involves substantial risk and high volatility, 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, charges and expenses of a Fund carefully before investing. To obtain a prospectus and summary prospectus, which contains this and other information, call 800.826.2333 or visit vaneck.com. Please read the prospectus and summary prospectus carefully before investing.
Van Eck Securities Corporation, Distributor
666 Third Avenue
New York, NY 10017
Mike MacMillan/Chris Sullivan