The Market Vectors ETF Trust announced today its regular distributions
per share for the Market Vectors municipal income and income-oriented
exchange-traded funds.
The following dates apply to distribution declarations for the funds
listed below:
Ex-Date
|
|
|
|
|
Record Date
|
|
|
|
|
Payable Date
|
|
November 3, 2014
|
|
|
|
|
November 5, 2014
|
|
|
|
|
November 7, 2014
|
|
|
|
|
|
|
|
|
Expected
|
|
|
|
|
|
|
|
|
|
|
|
Distribution
|
|
|
Distribution Amount
|
|
ETF
|
|
|
|
Ticker
|
|
|
Frequency
|
|
|
Per Share
|
|
Market Vectors Intermediate Municipal Index ETF
|
|
|
|
ITM
|
|
|
Monthly
|
|
|
$0.0475
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Market Vectors Long Municipal Index ETF
|
|
|
|
MLN
|
|
|
Monthly
|
|
|
$0.0608
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Market Vectors Short Municipal Index ETF
|
|
|
|
SMB
|
|
|
Monthly
|
|
|
$0.0171
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Market Vectors Short High-Yield Municipal Index ETF
|
|
|
|
SHYD
|
|
|
Monthly
|
|
|
$0.0686
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Market Vectors High-Yield Municipal Index ETF
|
|
|
|
HYD
|
|
|
Monthly
|
|
|
$0.1200
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Market Vectors Pre-Refunded Municipal Index ETF
|
|
|
|
PRB
|
|
|
Monthly
|
|
|
$0.0164
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Market Vectors Emerging Markets Local Currency Bond ETF
|
|
|
|
EMLC
|
|
|
Monthly
|
|
|
$0.1000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Market Vectors Investment Grade Floating Rate ETF
|
|
|
|
FLTR
|
|
|
Monthly
|
|
|
$0.0129
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Market Vectors Emerging Markets Aggregate Bond ETF
|
|
|
|
EMAG
|
|
|
Monthly
|
|
|
$0.0900
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Market Vectors Renminbi Bond ETF
|
|
|
|
CHLC
|
|
|
Monthly
|
|
|
$0.1000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Market Vectors CEF Municipal Income ETF
|
|
|
|
XMPT
|
|
|
Monthly
|
|
|
$0.1150
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Market Vectors International High Yield Bond ETF
|
|
|
|
IHY
|
|
|
Monthly
|
|
|
$0.1160
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Market Vectors Fallen Angel High Yield Bond ETF
|
|
|
|
ANGL
|
|
|
Monthly
|
|
|
$0.1300
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Market Vectors Emerging Markets High Yield Bond ETF
|
|
|
|
HYEM
|
|
|
Monthly
|
|
|
$0.1360
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Market Vectors Preferred Securities Ex Financials ETF
|
|
|
|
PFXF
|
|
|
Monthly
|
|
|
$0.0600
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Market Vectors Treasury-Hedged High Yield Bond ETF
|
|
|
|
THHY
|
|
|
Monthly
|
|
|
$0.1000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The majority, and possibly all, of these distributions will be paid out
of net investment income earned by the Funds. A portion of this
distribution may come from net short-term realized capital gains or
return of capital.
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.
Market Vectors 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.
About Market Vectors ETFs
Market Vectors exchange-traded products have been offered since 2006 and
span many asset classes, including equities, fixed income (municipal and
international bonds) and currency markets. Many of our ETFs are based on
pure-play indices whose constituents must derive a majority of revenues
from the target region/sector. Market Vectors is one of the largest ETP
families in the U.S. and worldwide.
Market Vectors ETFs are sponsored by Van Eck Global. Founded in 1955,
Van Eck Global 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 choices in hard assets, emerging markets, precious metals
including gold, and other alternative asset classes. Van Eck Global has
offices around the world and managed approximately $32.3 billion in
investor assets as of September 30, 2014.
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.
Past performance is not a guarantee of future results. Investors
should be willing to accept a high degree of volatility and the
potential of significant loss. The principal risks of investing in
Market 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.
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.
Investors may call 888.MKT.VCTR or visit marketvectorsetfs.com
for a free prospectus
and summary
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 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.
Copyright Business Wire 2014