Announcing VanEck Vectors Equity ETFs December 2018 Distribution
VanEck announced today its regular distribution per share for the following VanEck Vectors® equity exchange-traded
fund.
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Ex-Date
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Record Date
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Payable Date
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December 27, 2018 |
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December 28, 2018 |
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January 3, 2019 |
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Distribution |
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Distribution |
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Amount |
Fund |
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Ticker |
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Frequency |
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Per Share |
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VanEck Vectors Pharmaceutical ETF |
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PPH
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Quarterly |
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$0.2032 |
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The majority, and possibly all, of the dividend distribution will be paid out of net investment income earned by the Fund. A
portion of this distribution may come from net short-term or long-term realized capital gains or return of capital.
The final tax treatment of this dividend will be reported to shareholders on their 1099-DIV form, which is mailed after the
close of each calendar 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.
About VanEck
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 November 30, 2018, VanEck managed approximately $44.5 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 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.
Investors may call 800.826.2333 or visit
vaneck.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 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, NY 10017
Mike MacMillan / Chris Sullivan
MacMillan Communications
212-473-4442
chris@macmillancom.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20181226005155/en/