VanEck announced today preliminary yearend distribution
estimates for its VanEck Vectors® equity exchange-traded funds.
Please note that these yearend estimates were made as of October
31, 2017 based upon the best information available and may be
subject to significant change based on a number of factors,
including but not limited to changes in the number of shares
outstanding, changes in income that may occur prior to record date,
and certain tax adjustments and reclassifications. These factors
may also result in some VanEck Vectors ETFs which currently show no
estimated income or capital gain distributions making a
distribution at yearend. VanEck strongly urges shareholders to
consult with their tax adviser regarding the tax consequences of
these distributions. You should not make investment decisions based
on this information.
Distribution estimates will not be provided for ETFs that may
potentially be subject to significant passive foreign investment
company (PFIC) income. Final distribution amounts for these ETFs
are expected to be declared on December 15, 2017 (see tables
below).
Ex-Date: December 18, 2017 Record Date:
December 19, 2017 Payable Date: December 22,
2017 Hard Assets ETFs Ticker
EstimatedIncome
Estimated
Short-TermCapital Gain
EstimatedLong-TermCapital
Gain
VanEck Vectors Agribusiness ETF MOO
$0.880 None
None VanEck Vectors Coal ETF KOL
$0.418 None None
VanEck Vectors Global Alternative Energy ETF
GEX $1.193 None
None VanEck Vectors Gold Miners ETF
GDX $0.197 None
None VanEck Vectors Junior Gold Miners ETF
GDXJ †
None None VanEck Vectors Natural
Resources ETF HAP $0.679
None None VanEck Vectors
Oil Refiners ETF CRAK
$0.370 None $0.070 VanEck
Vectors Oil Services ETF OIH
$0.812 None None
VanEck Vectors Rare Earth/Strategic Metals ETF
REMX † None
None VanEck Vectors Steel ETF SLX
$1.169 None
None VanEck Vectors Unconventional Oil and Gas ETF
FRAK $0.125
None None VanEck Vectors Uranium+Nuclear
Energy ETF NLR $2.050
None None
Country/Regional ETFs
Ticker
EstimatedIncome
EstimatedShort-TermCapital Gain
Estimated
Long-TermCapital Gain
VanEck Vectors Africa Index ETF AFK
† None None
VanEck Vectors Brazil Small-Cap ETF BRF
† None None
VanEck Vectors ChinaAMC CSI 300 ETF PEK
$0.633 None
None VanEck Vectors ChinaAMC SME-ChiNext ETF
CNXT † None
None VanEck Vectors Egypt Index ETF
EGPT † None
None VanEck Vectors India Small-Cap Index ETF
SCIF † None
None VanEck Vectors Indonesia Index ETF
IDX $0.567 None
None VanEck Vectors Israel ETF
ISRA $0.472 None
None VanEck Vectors Poland ETF
PLND $0.881 None
None VanEck Vectors Russia ETF
RSX $0.880 None
None VanEck Vectors Russia Small-Cap ETF
RSXJ $1.462
None None VanEck Vectors Vietnam ETF
VNM $0.177
None None
Strategic Equity ETFs Ticker
EstimatedIncome
EstimatedShort-TermCapital Gain
Estimated
Long-TermCapital Gain
VanEck Vectors Global Spin-Off ETF SPUN
$0.241 None
None VanEck Vectors Morningstar International Moat ETF
MOTI $0.994
$0.832 $0.124 VanEck Vectors Morningstar Wide
Moat ETF MOAT $0.531
None None VanEck Vectors
NDR CMG Long/Flat Allocation ETF LFEQ
$0.107 None
None †
The expected income cannot be determined
at this time due to significant Passive Foreign Investment Company
(PFIC) Income. See explanatory paragraph on Page 4.
Ex-Date: December 18, 2017 Record
Date: December 19, 2017 Payable Date: December
22, 2017 Industry ETFs
Ticker
EstimatedIncome
Estimated
Short-TermCapital Gain
Estimated
Long-TermCapital Gain
VanEck Vectors Biotech ETF
BBH
$0.645 None
None VanEck Vectors Environmental Services ETF
EVX $0.810 None
None VanEck Vectors Gaming ETF
BJK $1.376 None
None VanEck Vectors Generic Drugs ETF
GNRX $0.164
None None VanEck Vectors Retail ETF
RTH $1.915
None None VanEck Vectors Semiconductor ETF
SMH $0.995
None None
Ex-Date:
December 27, 2017 Record Date: December 28,
2017 Payable Date: January 3, 2018
Industry ETFs Ticker
EstimatedIncome
Estimated
Short-TermCapital Gain
Estimated
Long-TermCapital Gain
VanEck Vectors Pharmaceutical ETF PPH
** None
None ** The ETF pays a quarterly scheduled income;
therefore, no estimate is provided.
Due to yearend tax adjustments, the December distributions may
be different than the regular quarterly distributions paid during
the year.
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.
Important Disclosures
Passive Foreign Investment Company (PFIC) Income
Several VanEck 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 VanEck Vectors ETF’s Statement of Additional Information (SAI)
for further information on PFICs.
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.
All registered investment companies, including VanEck Vectors
ETFs, are obliged to distribute portfolio gains to shareholders at
yearend regardless of performance. Trading VanEck Vectors ETFs will
also generate tax consequences and transaction expenses. The
information provided is not intended to be tax advice. Tax
consequences of income distributions may vary by individual
taxpayer. There is no guarantee that income will be paid.
To receive a distribution, you must have been a registered
shareholder of the relevant VanEck Vectors ETFs on the record date.
Distributions are paid to shareholders on the payment date. Past
distribution are not indicative of future distributions.
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.
Investing involves substantial risk and high volatility,
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, charges and expenses of a
Fund carefully before investing. To obtain a prospectus and summary
prospectus, which contains this and other information, call
800.826.2333 or visit vaneck.com. Please read the
prospectus and summary prospectus carefully before
investing.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20171122005658/en/
Media:MacMillan CommunicationsMike MacMillan/Chris
Sullivan212-473-4442chris@macmillancom.com
VanEck Oil Services ETF (AMEX:OIH)
Historical Stock Chart
From Jul 2024 to Aug 2024
VanEck Oil Services ETF (AMEX:OIH)
Historical Stock Chart
From Aug 2023 to Aug 2024