VanEck announced today its regular distributions per share for
the VanEck 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
December 1, 2017 December 4, 2017 December 7, 2017
Expected Distribution
Distribution Amount Fund Ticker
Frequency Per Share VanEck Vectors AMT-Free
Intermediate Municipal Index ETF
ITM
Monthly $ 0.0439 VanEck Vectors AMT-Free Long Municipal
Index ETF
MLN
Monthly $ 0.0479 VanEck Vectors AMT-Free Short Municipal
Index ETF
SMB
Monthly $ 0.0178 VanEck Vectors Short High Yield Municipal
Index ETF
SHYD
Monthly $ 0.0623 VanEck Vectors High-Yield Municipal Index
ETF
HYD
Monthly $ 0.1102 VanEck Vectors Pre-Refunded Municipal Index
ETF
PRB
Monthly $ 0.0245 VanEck Vectors J.P. Morgan EM Local
Currency Bond ETF
EMLC
Monthly $ 0.0852 VanEck Vectors Investment Grade Floating
Rate ETF
FLTR
Monthly $ 0.0412 VanEck Vectors EM Investment Grade + BB USD
IGEM
Monthly $ 0.0696 Sovereign Bond ETF VanEck Vectors Emerging
Markets Aggregate Bond ETF
EMAG
Monthly $ 0.0745 VanEck Vectors CEF Municipal Income ETF
XMPT
Monthly $ 0.1046 VanEck Vectors International High Yield
Bond ETF
IHY
Monthly $ 0.0894
Expected Distribution Distribution Amount Fund Ticker
Frequency Per Share VanEck Vectors
Fallen Angel High Yield Bond ETF
ANGL
Monthly $ 0.1219 VanEck Vectors Emerging Markets High Yield
Bond ETF
HYEM
Monthly $ 0.1167 VanEck Vectors Preferred Securities Ex
Financials ETF
PFXF
Monthly $ 0.1000 VanEck Vectors ChinaAMC China Bond ETF
CBON
Monthly $ 0.0571 VanEck Vectors Green Bond ETF
GRNB
Monthly $0.1047*
*Includes realized currency gains.
The majority, and possibly all, of the dividend distributions
will be paid out of net investment income earned by the Funds. A
portion of these distributions may come from net short-term or
long-term realized capital gains or return of capital.
The final tax treatment of these dividends will be reported to
shareholders on their 1099-DIV form, which is mailed after the
close of each fiscal year. The amount of dividends paid by each ETF
may vary from time to time. Past amounts of dividends are no
guarantee of future dividend payment amounts.
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.
If you have any questions concerning this information or the
VanEck Vectors ETFs in general, please call 800.826.2333 between
9:00 a.m. and 5:30 p.m., Monday through Friday.
About VanEck
VanEck’s mission is to offer investors forward-looking,
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 innovative 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 October 31,
2017, VanEck managed approximately $42.8 billion in assets,
including mutual funds, ETFs, and institutional accounts.
Please call 800.826.2333 or visit vaneck.com for the most recent
month-end performance of VanEck 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 VanEck 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. Please see the
Prospectus and Summary Prospectus of each Fund for more complete
information regarding its specific risks.
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.
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. 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 800.826.2333 or visit
vaneck.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 VanEck 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
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version on businesswire.com: http://www.businesswire.com/news/home/20171130006269/en/
Media:MacMillan CommunicationsMike MacMillan/Chris
Sullivan, 212-473-4442chris@macmillancom.com
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