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Van Eck Global Announces Market Vectors Equity ETFs 2015 Distributions

Van Eck Global announced today the following 2015 annual distributions per share for the Market Vectors® equity exchange-traded funds.

The following dates apply to distribution declarations for the funds listed below:

Ex-Date

Record Date

Payable Date

December 21, 2015 December 23, 2015 December 28, 2015
Equity ETFsTickerDividend

Short-Term
Capital Gain

Long-Term
Capital Gain

Market Vectors Africa Index ETF AFK $0.385 None None
Market Vectors Agribusiness ETF MOO $1.343 None None
Market Vectors Biotech ETF BBH $0.337 None None
Market Vectors Brazil Small-Cap ETF BRF $0.399 None None
Market Vectors ChinaAMC A-Share ETF PEK $0.521 $0.750 $0.138
Market Vectors ChinaAMC SME-ChiNext ETF CNXT None None None
Market Vectors Coal ETF KOL $0.289 None None
Market Vectors Egypt Index ETF EGPT $0.606 None None
Market Vectors Environmental Services ETF EVX $0.680 None None
Market Vectors Gaming ETF BJK $1.299 None None
Market Vectors Global Alternative Energy ETF GEX $0.309 None None
Market Vectors Global Spin-Off ETF SPUN $0.111 None None
Market Vectors Gold Miners ETF GDX $0.116 None None
Market Vectors Gulf States Index ETF MES $0.938 None None
Market Vectors India Small-Cap Index ETF SCIF $1.346 None None
Market Vectors Indonesia Index ETF IDX $0.448 None None
Market Vectors Indonesia Small-Cap ETF IDXJ $0.002 None None
Market Vectors Israel ETF ISRA $0.376 None None
Market Vectors Junior Gold Miners ETF GDXJ $0.139 None None
Market Vectors Morningstar International Moat ETF MOTI $0.225 None None
Market Vectors Morningstar Wide Moat ETF MOAT $0.617 None None

Market Vectors Natural Resources ETF

HAP $0.789 None None
Market Vectors Oil Refiners ETF CRAK $0.092 None None
Market Vectors Oil Services ETF OIH $0.633 None None
Market Vectors Poland ETF PLND $0.435 None None
Market Vectors Rare Earth/Strategic Metals ETF REMX $0.639 None None
Market Vectors Retail ETF RTH $1.745 None None
Market Vectors Russia ETF RSX $0.519 None None
Equity ETFsTickerDividend

Short-Term
Capital Gain

Long-Term
Capital Gain

Market Vectors Russia Small-Cap ETF RSXJ $0.382 None None
Market Vectors Semiconductor ETF SMH $1.141 None None
Market Vectors Solar Energy ETF KWT $0.593 None None
Market Vectors Steel ETF SLX $1.043 None None
Market Vectors Unconventional Oil & Gas ETF FRAK $0.342 None None
Market Vectors Uranium+Nuclear Energy ETF NLR $1.486 None None
Market Vectors Vietnam ETF VNM $0.499 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.

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 and distributions paid by each fund may vary from time to time. Past amounts of dividends and distributions 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 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

Contacts:

MacMillan Communications
Mike MacMillan / Chris Sullivan
212-473-4442
chris@macmillancom.com

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