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|
|February 1, 2016||February 3, 2016||February 5, 2016|
|Market Vectors Intermediate Municipal Index ETF||Monthly||$||0.0473|
|Market Vectors Long Municipal Index ETF||Monthly||$||0.0563|
|Market Vectors Short Municipal Index ETF||Monthly||$||0.0170|
|Market Vectors Short High Yield Municipal Index ETF||Monthly||$||0.0684|
|Market Vectors High-Yield Municipal Index ETF||Monthly||$||0.1157|
|Market Vectors Pre-Refunded Municipal Index ETF||Monthly||$||0.0184|
|Market Vectors J.P. Morgan EM Local Currency Bond ETF||Monthly||$||0.0860|
|Market Vectors Investment Grade Floating Rate ETF||Monthly||$||0.0180|
|Market Vectors Emerging Markets Aggregate Bond ETF||Monthly||$||0.0703|
|Market Vectors CEF Municipal Income ETF||Monthly||$||0.1047|
|Market Vectors International High Yield Bond ETF||Monthly||$||0.1179|
|Market Vectors Fallen Angel High Yield Bond ETF||Monthly||$||0.0920|
|Market Vectors Emerging Markets High Yield Bond ETF||Monthly||$||0.1353|
|Market Vectors Preferred Securities Ex Financials ETF||Monthly||$||0.0671|
|Market Vectors ChinaAMC China Bond ETF||Monthly||$||0.0856|
|Market Vectors Treasury-Hedged High Yield Bond ETF||Monthly||$||0.0905|
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 800.826.2333 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.
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 800.826.2333 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 800.826.2333 or visit vaneck.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, 666 Third Avenue, New York, NY 10017
Mike MacMillan/Chris Sullivan, (212) 473-4442