Market Vectors Family of ETFs Announces Distributions

van_eck_logoThe Market Vectors ETF Trust announced today the following per share annual distributions for 2009 for the Market Vectors family of equity exchange-traded funds.

The following dates apply to today’s distribution declarations:

Ex-Date

 

Record Date

 

Payable Date

December 23, 2009   December 28, 2009   December 30, 2009
                 
ETFs   Ticker   Dividend  

Short-Term
Capital Gain

 

Long-Term
Capital Gain

Market Vectors Africa Index ETF   AFK   $0.229   None   None
Market Vectors Agribusiness ETF   MOO   $0.422   None   None
Market Vectors Brazil Small-Cap ETF   BRF   $0.199   $0.252   None
Market Vectors Coal ETF   KOL   $0.308   None   None
Market Vectors Environmental Services ETF   EVX   $0.376   None   None
Market Vectors Gaming ETF   BJK   $0.513   None   None
Market Vectors Global Alternative Energy ETF   GEX   $0.012   None   None
Market Vectors Gold Miners ETF   GDX   $0.111   None   None
Market Vectors Gulf States Index ETF   MES   $0.180   None   None
Market Vectors Junior Gold Miners ETF   GDXJ   None   None   None
Market Vectors Indonesia Index ETF   IDX   $0.180   None   None
Market Vectors Nuclear Energy ETF   NLR   $0.418   None   None
Market Vectors Poland ETF   PLND   None   None   None
Market Vectors RVE Hard Assets Producers ETF   HAP   $0.247   None   None
Market Vectors Russia ETF   RSX   $0.079   None   None
Market Vectors Solar Energy ETF   KWT   $0.086   None   None
Market Vectors Steel ETF   SLX   $0.982   None   None
Market Vectors Vietnam ETF   VNM   None   $0.036   None

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.

Van Eck 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 Van Eck Global

Founded in 1955, Van Eck Associates Corporation was among the first U.S. money managers helping investors achieve greater diversification through global investing. Today the firm continues the 50+ year tradition by offering global investment choices in hard assets, emerging markets, precious metals including gold, and other specialized asset classes.

Market Vectors exchange-traded products have been offered by Van Eck Global since 2006 when the firm launched the nation’s first gold mining ETF. Today, Market Vectors ETFs and ETNs span several asset classes, including equities, municipal bonds and currency markets.

Van Eck Global also offers mutual funds, insurance trust funds, separate accounts and alternative investments. Designed for investors seeking innovative choices for portfolio diversification, Van Eck Global’s investment products are often categorized in asset classes having returns with low correlations to those of more traditional U.S. equity and fixed income investments.

Please call 1.888.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.

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 Funds may loan their securities, which may subject them to additional credit and counterparty risk. Please see the Prospectus of each Fund for more complete information regarding its specific risks.

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 1.888.MKT.VCTR or visit www.vaneck.com/etf for a free prospectus. They should consider the investment objective, risks, and charges and expenses of Market Vectors ETFs carefully before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing.

Van Eck Securities Corporation, Distributor, 335 Madison Avenue, New York, NY 10017

Contacts

MacMillan Communications
Mike MacMillan/Chris Sullivan, 212-473-4442
[email protected]

 

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