The Market Vectors ETF Trust announced today the following per share annual distributions for 2009 for the Market Vectors family of equity exchange-traded funds.
The following dates apply to today’s distribution declarations:
Ex-Date | Record Date | Payable Date | ||
| December 23, 2009 | December 28, 2009 | December 30, 2009 |
| ETFs | Ticker | Dividend | Short-Term | Long-Term | ||||
| Market Vectors Africa Index ETF | AFK | $0.229 | None | None | ||||
| Market Vectors Agribusiness ETF | MOO | $0.422 | None | None | ||||
| Market Vectors Brazil Small-Cap ETF | BRF | $0.199 | $0.252 | None | ||||
| Market Vectors Coal ETF | KOL | $0.308 | None | None | ||||
| Market Vectors Environmental Services ETF | EVX | $0.376 | None | None | ||||
| Market Vectors Gaming ETF | BJK | $0.513 | None | None | ||||
| Market Vectors Global Alternative Energy ETF | GEX | $0.012 | None | None | ||||
| Market Vectors Gold Miners ETF | GDX | $0.111 | None | None | ||||
| Market Vectors Gulf States Index ETF | MES | $0.180 | None | None | ||||
| Market Vectors Junior Gold Miners ETF | GDXJ | None | None | None | ||||
| Market Vectors Indonesia Index ETF | IDX | $0.180 | None | None | ||||
| Market Vectors Nuclear Energy ETF | NLR | $0.418 | None | None | ||||
| Market Vectors Poland ETF | PLND | None | None | None | ||||
| Market Vectors RVE Hard Assets Producers ETF | HAP | $0.247 | None | None | ||||
| Market Vectors Russia ETF | RSX | $0.079 | None | None | ||||
| Market Vectors Solar Energy ETF | KWT | $0.086 | None | None | ||||
| Market Vectors Steel ETF | SLX | $0.982 | None | None | ||||
| Market Vectors Vietnam ETF | VNM | None | $0.036 | None |
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.
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.
About Van Eck Global
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 the 50+ year tradition by offering global investment choices in hard assets, emerging markets, precious metals including gold, and other specialized asset classes.
Market Vectors exchange-traded products have been offered 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, municipal bonds and currency markets.
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 1.888.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 Funds may loan their securities, which may subject them to additional credit and counterparty risk. Please see the 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.
Investors may call 1.888.MKT.VCTR or visit www.vaneck.com/etf for a free prospectus. They should consider the investment objective, risks, and charges and expenses of Market Vectors ETFs carefully before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing.
Van Eck Securities Corporation, Distributor, 335 Madison Avenue, New York, NY 10017
Contacts:
Mike MacMillan/Chris Sullivan, 212-473-4442
mike@macmillancom.com
