NEW YORK–(BUSINESS WIRE)–VanEck announced today its regular distributions per share for its
VanEck Vectors® equity exchange-traded funds.
|July 2, 2018||July 3, 2018|
July 9, 2018
|VanEck Vectors Pharmaceutical ETF||Quarterly||$||0.2493|
The majority, and possibly all, of the dividend distributions will be
paid out of net investment income earned by the Funds. A portion of
these distributions may come from net short-term or long-term realized
capital gains or return of capital.
The final tax treatment of these dividends will be reported to
shareholders on their 1099-DIV form, which is mailed after the close of
each fiscal year. The amount of dividends paid by each ETF may vary from
time to time. Past amounts of dividends are no guarantee of future
dividend payment amounts.
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.
If you have any questions concerning this information or the VanEck
Vectors ETFs in general, please call 800.826.2333 between 9:00 a.m. and
5:30 p.m., Monday through Friday.
VanEck has a history of looking beyond the financial markets to identify
trends that are likely to create impactful investment opportunities. We
were one of the first U.S. asset managers to offer investors access to
international markets. This set the tone for the firm’s drive to
identify asset classes and trends – including gold investing in 1968,
emerging markets in 1993, and exchange traded funds in 2006 – that
subsequently shaped the investment management industry.
Today, VanEck offers active and passive strategies with compelling
exposures supported by well-designed investment processes. As of May 31,
2018, VanEck managed approximately $45.5 billion in assets, including
mutual funds, ETFs, and institutional accounts. The firm’s capabilities
range from core investment opportunities to more specialized exposures
to enhance portfolio diversification. Our actively managed strategies
are fueled by in-depth, bottom-up research and security selection from
portfolio managers with direct experience in the sectors and regions in
which they invest. Investability, liquidity, diversity, and transparency
are key to the experienced decision-making around market and index
selection underlying VanEck’s passive strategies.
Since our founding in 1955, putting our clients’ interests first, in all
market environments, has been at the heart of the firm’s mission.
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.
Fixed income investments are subject to interest rate risk, credit risk,
the risk that the issuer of a bond will fail to pay interest and
principal in a timely manner, or that negative perceptions of the
issuer’s ability to make such payments will cause the price of that bond
to decline. Bonds and bond funds will decrease in value as interest
rates rise. In addition when interest rates fall income may decline. Please
see the Prospectus and Summary Prospectus of each Fund for more complete
information regarding its specific risks.
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
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
Investors may call 800.826.2333 or visit vaneck.com
for a free prospectus
prospectus. Investing involves risk, 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, and charges and expenses of VanEck 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,
Mike MacMillan/Chris Sullivan, 212-473-4442