Announcing VanEck Vectors ETFs’ August 2020 Distributions
August 07 2020 - 5:13PM
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
fund listed below:
Ex-Date
August 10, 2020
Record
Date
August 11, 2020
Payable
Date
August 14, 2020
Fund
Ticker
Distribution Frequency
Distribution Amount per Share
VanEck Vectors Energy Income ETF
EINC
Quarterly
$0.6601
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 June 30, 2020, VanEck managed approximately $56.1
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.
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.
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
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200807005515/en/
Mike MacMillan/Chris Sullivan MacMillan Communications
212.473.4442 chris@macmillancom.com