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Announcing VanEck Vectors ETFs ’ June 2020 Distributions

2020-06-30 20:13 ET - News Release


Company Website: http://www.vaneck.com
NEW YORK -- (Business Wire)

VanEck announced today its distributions per share for its VanEck Vectors® exchange-traded funds.

The following dates apply to distribution declarations for the funds listed below:

Ex-Date

July 1, 2020

Record Date

July 2, 2020

Payable Date

July 8, 2020

 

Fund

 

Ticker

 

Distribution Frequency

 

Distribution Amount
per Share

VanEck Vectors Fallen Angel High Yield Bond ETF

 

ANGL

 

Monthly

 

$0.1369

VanEck Vectors ChinaAMC China Bond ETF

 

CBON

 

Monthly

 

$0.0566

VanEck Vectors Emerging Markets Aggregate Bond ETF

 

EMAG

 

Monthly

 

$0.0680

VanEck Vectors J.P. Morgan EM Local Currency Bond ETF

 

EMLC

 

Monthly

 

$0.1473

VanEck Vectors Investment Grade Floating Rate ETF

 

FLTR

 

Monthly

 

$0.0274

VanEck Vectors Green Bond ETF

 

GRNB

 

Monthly

 

$0.0565

VanEck Vectors High-Yield Municipal Index ETF

 

HYD

 

Monthly

 

$0.1882

VanEck Vectors Emerging Markets High Yield Bond ETF

 

HYEM

 

Monthly

 

$0.0790

VanEck Vectors International High Yield Bond ETF

 

IHY

 

Monthly

 

$0.0893

VanEck Vectors AMT-Free Intermediate Municipal Index ETF

 

ITM

 

Monthly

 

$0.0821

VanEck Vectors Municipal Allocation ETF

 

MAAX

 

Monthly

 

$0.0460

VanEck Vectors AMT-Free Long Municipal Index ETF

 

MLN

 

Monthly

 

$0.0440

VanEck Vectors Preferred Securities Ex Financials ETF

 

PFXF

 

Monthly

 

$0.0952

VanEck Vectors Short High Yield Municipal Index ETF

 

SHYD

 

Monthly

 

$0.0559

VanEck Vectors AMT-Free Short Municipal Index ETF

 

SMB

 

Monthly

 

$0.0216

VanEck Vectors CEF Municipal Income ETF

 

XMPT

 

Monthly

 

$0.0932

Fund

 

Ticker

 

Distribution Frequency

 

Distribution Amount
per Share

VanEck Vectors BDC Income ETF

 

BIZD

 

Quarterly

 

$0.3847

VanEck Vectors Morningstar Durable Dividend ETF

 

DURA

 

Quarterly

 

$0.3075

VanEck Vectors Mortgage REIT Income ETF

 

MORT

 

Quarterly

 

$0.2997

VanEck Vectors Pharmaceutical ETF

 

PPH

 

Quarterly

 

$0.2523

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 calendar year. The amount of dividends paid by each ETF may vary from time to time. Past dividend amounts 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 VanEck Vectors ETFs should obtain their own independent tax advice based on their particular circumstances.

If you have any questions concerning this information or 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 May 31, 2020, VanEck managed approximately $53.3 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 process 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.

###

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. High-yield bonds are subject to greater risk of loss of income and principal than higher-rated securities. 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 of each Fund for more complete information regarding each Fund's specific risks.

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 distributions are not indicative of future distributions.

Investing involves substantial risk and high volatility, including possible loss of principal. An investor should consider a Fund's investment objective, risks, charges and expenses carefully before investing. To obtain a prospectus and summary prospectus for VanEck Funds and VanEck Vectors ETFs, which contain this and other information, call 800.826.2333 or visit vaneck.com. Please read the prospectus and summary prospectus for VanEck Funds and VanEck Vectors ETFs carefully before investing.

Van Eck Securities Corporation, Distributor
666 Third Avenue
New York, NY 10017
800.826.2333

Contacts:

Mike MacMillan/Chris Sullivan
MacMillan Communications
212.473.4442
chris@macmillancom.com

Source: VanEck

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