Market Vectors ETFs Announce 2013 Distributions

NEW YORK--()--The Market Vectors ETF Trust announced today the following 2013 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 23, 2013 December 26, 2013 December 30, 2013
Equity ETFs     Ticker     Dividend    

Capital Gain


Long Term
Capital Gain

Market Vectors Africa Index ETF     AFK     $0.829     None     None
Market Vectors Agribusiness ETF     MOO     $0.930     None     None
Market Vectors Biotech ETF     BBH     $0.003     None     None
Market Vectors Brazil Small-Cap ETF     BRF     $0.530     None     None
Market Vectors China ETF     PEK     $0.698     None     None
Market Vectors Coal ETF     KOL     $0.440     None     None
Market Vectors Colombia ETF     COLX     $0.245     None     None
Market Vectors Egypt Index ETF     EGPT     $1.043     None     None
Market Vectors Environmental Services ETF     EVX     $0.750     None     None
Market Vectors Gaming ETF     BJK     $0.518     None     None
Market Vectors Germany Small-Cap ETF     GERJ     $0.350     None     None
Market Vectors Global Alternative Energy ETF     GEX     $0.554     None     None
Market Vectors Gold Miners ETF     GDX     $0.191     None     None
Market Vectors Gulf States Index ETF     MES     $0.550     None     None
Market Vectors India Small-Cap Index ETF     SCIF     $0.139     None     None
Market Vectors Indonesia Index ETF     IDX     $0.718     None     None
Market Vectors Indonesia Small-Cap ETF     IDXJ     $0.092     None     None
Market Vectors Israel ETF     ISRA     $0.163     None     None
Market Vectors Junior Gold Miners ETF     GDXJ     None     None     None
Market Vectors Latin America Small-Cap Index ETF     LATM     $0.192     None     None
Market Vectors Oil Services ETF     OIH     $0.542     None     None
Market Vectors Poland ETF     PLND     $0.748     None     None
Market Vectors Rare Earth/Strategic Metals ETF     REMX     $0.083     None     None
Market Vectors Retail ETF     RTH     $0.608     None     None
Market Vectors Russia ETF     RSX     $0.742     None     None
Market Vectors Russia Small-Cap ETF     RSXJ     $1.200     None     None
Equity ETFs     Ticker     Dividend    

Capital Gain


Long Term
Capital Gain

Market Vectors RVE Hard Assets Producers ETF     HAP     $0.830     None     None
Market Vectors Semiconductor ETF     SMH     $0.659     None     None
Market Vectors Solar Energy ETF     KWT     $0.733     None     None
Market Vectors Steel ETF     SLX     $0.984     None     None
Market Vectors Unconventional Oil and Gas ETF     FRAK     $0.144     None     None
Market Vectors Uranium+Nuclear Energy ETF     NLR     $0.333     None     None
Market Vectors Vietnam ETF     VNM     $0.599     None     None
Market Vectors Wide Moat ETF     MOAT     $0.229     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 seventh largest provider of ETPs and tenth 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 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.

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 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, 212-473-4442



MacMillan Communications
Mike MacMillan/Chris Sullivan, 212-473-4442