Market Vectors ETFs Announces 2012 Distributions

The Market Vectors ETF Trust announced today the following 2012 annual distributions per share for the Market Vectors equity exchange-traded funds.

The following dates apply to today’s distribution declarations:


Record Date

Payable Date

December 24, 2012 December 27, 2012 December 31, 2012
Short-Term Long-Term
Equity ETFs Ticker Dividend Capital Gain Capital Gain
Market Vectors Africa Index ETF AFK $1.063 None None
Market Vectors Agribusiness ETF MOO $0.972 None None
Market Vectors Bank and Brokerage ETF RKH $0.860 None None
Market Vectors Biotech ETF BBH $0.018 $0.166 None
Market Vectors Brazil Small-Cap ETF BRF $0.616 None $0.025
Market Vectors China ETF PEK None None None
Market Vectors Coal ETF KOL $0.425 None None
Market Vectors Colombia ETF COLX $0.332 None None
Market Vectors Egypt Index ETF EGPT $0.933 None None
Market Vectors Environmental Services ETF EVX $0.788 None None
Market Vectors Gaming ETF BJK $1.382 None None
Market Vectors Germany Small-Cap ETF GERJ $0.614 None None
Market Vectors Global Alternative Energy ETF GEX $0.207 None None
Market Vectors Gold Miners ETF GDX $0.462 None None
Market Vectors Gulf States Index ETF MES $0.606 None None
Market Vectors India Small-Cap Index ETF SCIF $0.013 None None
Market Vectors Indonesia Index ETF IDX $0.509 None None
Market Vectors Indonesia Small-Cap ETF IDXJ $0.267 None None
Market Vectors Junior Gold Miners ETF GDXJ $0.750 None None
Market Vectors Latin America Small-Cap Index ETF LATM $1.091 None None
Market Vectors Morningstar Wide Moat Research ETF MOAT $0.136 None None
Market Vectors Oil Services ETF OIH $0.403 $0.007 None
Market Vectors Pharmaceutical ETF PPH $1.347 None None
Market Vectors Poland ETF PLND $0.820 None None
Market Vectors Rare Earth/Strategic Metals ETF REMX $0.227 None None
Market Vectors Retail ETF RTH $0.846 None None
Market Vectors Russia ETF RSX $0.729 None None
Market Vectors Russia Small-Cap ETF RSXJ $0.308 None None
Market Vectors RVE Hard Assets Producers ETF HAP $0.853 None None
Market Vectors Semiconductor ETF SMH $0.700 None None
Market Vectors Solar Energy ETF KWT $1.317 None None
Market Vectors Steel ETF SLX $1.075 None None
Market Vectors Unconventional Oil and Gas ETF FRAK $0.218 None None
Market Vectors Uranium+Nuclear Energy ETF NLR $0.632 None None
Market Vectors Vietnam ETF VNM $0.367 None None

Passive Foreign Investment Company (PFIC) Income

Several Market 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 Market Vectors ETF’s Statement of Additional Information (SAI) for further information on PFICs. The table above contains information regarding the PFIC tax adjustment for each year-end dividend per share.

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 Market Vectors

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 currently the U.S.’s fifth largest provider of ETPs and eighth largest 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 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.

Investors may call 888.MKT.VCTR or visit 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, 335 Madison Avenue, New York, NY 10017


MacMillan Communications
Mike MacMillan/Chris Sullivan

Data & News supplied by
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.