Funds provide investors with targeted exposure with respect to curve positioning and duration exposure within the intermediate municipal bond segment

VanEck announced today the listing of two new exchange-traded funds (ETFs) designed to provide investors with highly targeted exposure to intermediate-term municipal bonds.

VanEck Vectors AMT-Free 12-17 Year Intermediate Municipal Index ETF (Bats: ITML) and VanEck Vectors AMT-Free 6-8 Year Intermediate Municipal Index ETF (Bats: ITMS) join VanEck’s leading suite of municipal bond ETFs, which currently offers investors a range of options from high yield to short term. In particular, ITML and ITMS allow investors to further parse the exposure offered via the VanEck Vectors AMT-Free Intermediate Municipal Index ETF (NYSE Arca: ITM).

“Historically, the intermediate portion of the curve has been a “sweet spot” in munis, having offered one of the greatest potential to gain incremental returns as investments move from longer maturities to shorter maturities, also known as rolling down the yield curve. ITM, and now ITML and ITMS, provide targeted ways for investors to potentially capture that opportunity in highly refined ways,” said James Colby, Portfolio Manager with VanEck.

ITML seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Bloomberg Barclays AMT-Free 12-17 Year Intermediate Continuous Municipal Index, while ITMS seeks the same with the Bloomberg Barclays AMT-Free 6-8 Year Intermediate Continuous Municipal Index. Income is generally exempt from federal taxes and the Alternative Minimum Tax (AMT). Each of the new funds has an expense ratio of 0.24 percent.1

“We have seen tremendous investor interest in our muni bond ETFs over the past several months, ITM in particular, which as of August 31, 2016, had over $1.6 billion in assets,” added Colby. “While munis continue to be popular with individual investors and their advisors, we believe asset allocators and ETF strategists may find these new ETFs particularly useful for managing client portfolios.”

In addition to ITM, ITML and ITMS, VanEck’s suite of muni bond ETFs also includes VanEck Vectors AMT-Free Long Municipal Index ETF (MLN), VanEck Vectors AMT-Free Short Municipal Index ETF (SMB), VanEck Vectors CEF Municipal Income ETF (XMPT), VanEck Vectors High-Yield Municipal Index ETF (HYD), VanEck Vectors Short High-Yield Municipal Index ETF (SHYD), and VanEck Vectors Pre-Refunded Municipal Index ETF (PRB).

About VanEck

VanEck’s mission is to offer 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 August 31, 2016, VanEck managed approximately $38.8 billion in assets, including mutual funds, ETFs, and institutional accounts.

Important Disclosures

The Funds may be subject to risks which include, among others, risks related to municipal securities, credit, interest rate, call, California, New York, general obligation bond, transportation bond, special tax bond, sampling, tax, market, index tracking, cash transactions, authorized participant concentration, absence of prior active market, trading issues, replication management, fund shares trading, premium/discount, liquidity, non-diversified and concentration risks, all of which may adversely affect the Funds. Municipal bonds may be less liquid than taxable bonds. There is no guarantee that the Funds’ income will be exempt from federal, state or local income taxes, and changes in those tax rates or in Alternative Minimum Tax (AMT) rates or in the tax treatment of municipal bonds may make them less attractive as investments and cause them to lose value. Capital gains, if any, are subject to capital gains tax. The Funds’ assets may be concentrated in a particular sector and may be subject to more risk than investments in a diverse group of sectors.

Index performance is not illustrative of fund performance. Indices are not securities in which investments can be made.

Bloomberg Finance L.P. does not sponsor, endorse, or promote the Funds and bears no liability with respect to the Funds or security.

The "Net Asset Value" (NAV) of a VanEck Vectors Exchange Traded Fund (ETF) is determined at the close of each business day, and represents the dollar value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF's intraday trading value. VanEck Vectors ETF investors should not expect to buy or sell shares at NAV.

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. You will incur brokerage expenses when trading Fund shares in the secondary market. Past performance is no guarantee of future results. Returns for actual Fund investments may differ from what is shown because of differences in timing, the amount invested, and fees and expenses.

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.

Van Eck Securities Corporation, Distributor666 Third AvenueNew York, NY 10017800.826.2333

1 The investment management agreement between VanEck VectorsTM ETF Trust (the “Trust”) and Van Eck Associates Corporation (the “Adviser”) provides that the Adviser will pay all expenses of the fund, except for the fee payment under the investment management agreement, interest expense, offering costs, trading expenses, taxes, and extraordinary expenses.

MacMillan CommunicationsMike MacMillan / Chris Sullivan212-473-4442chris@macmillancom.com

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