Vident Funds Announce Preliminary Estimated Capital Gains Distributions

ATLANTA--(BUSINESS WIRE)--Vident Funds announced today preliminary estimates of expected capital gains distributions for the funds in its fund family.

Fund Name	Ticker	Ex-Date	Record Date	Payable Date	Short-Term Capital Gains	Long-Term Capital Gains	Total Distribution per Share
As of October 23, 2022
Vident International Equity Fund	VIDI	12/16/2022	12/19/2022	12/20/2022	None Expected	None Expected	None Expected
Vident Core U.S. Bond Strategy ETF	VBND	12/16/2022	12/19/2022	12/20/2022	None Expected	None Expected	None Expected
Vident Core U.S. Equity Fund	VUSE	12/16/2022	12/19/2022	12/20/2022	None Expected	None Expected	None Expected
As of October 24, 2022
U.S. Diversified Real Estate ETF	PPTY	12/16/2022	12/19/2022	12/20/2022	None Expected	None Expected	None Expected

Please note that year end estimates were made as of October 23, 2022 (VIDI, VUSE, VBND) and October 24, 2022 (PPTY) and may be subject to change based on several factors. These factors may also result in funds which currently show no estimated capital gains distributions making a distribution at year end. We strongly encourage shareholders to consult with their tax advisers regarding tax consequences of these distributions.

About Vident Funds
The Funds' investment adviser is Vident Advisory, LLC and sub-adviser is Vident Investment Advisory, LLC. Vident Financial, LLC owns the indexes that underlie the Funds.

Carefully consider the Funds’ investment objectives, risk factors, charges and expenses before investing. To obtain a prospectus visit www.videntfunds.com/literature or call 800-617-0004.

Please read it carefully before investing. Investments involve risk. Principal loss is possible. The Funds have the same risks as the underlying securities traded on the exchange throughout the day at market price. Investor shares are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Funds. Ordinary brokerage commissions may apply. The Vident Funds are distributed by ALPS Distributors, Inc. ALPS is not affiliated with Vident Financial or its subsidiaries.