Market Vectors ETFs Announces 2012 Distributions

Market Vectors ETFs Announces 2012 Distributions

NEW YORK--(BUSINESS WIRE)-- The Market Vectors ETF Trust announced today the following 2012 annual distributions per share for the Market Vectors equity exchange-traded funds.

The following dates apply to today's distribution declarations:



Record Date


Payable Date

December 24, 2012December 27, 2012December 31, 2012
         Short-Term   Long-Term
Equity ETFs   Ticker   Dividend   Capital Gain   Capital Gain
Market Vectors Africa Index ETF   AFK   $1.063   None   None
Market Vectors Agribusiness ETF   MOO   $0.972   None   None
Market Vectors Bank and Brokerage ETF   RKH   $0.860   None   None
Market Vectors Biotech ETF   BBH   $0.018   $0.166   None
Market Vectors Brazil Small-Cap ETF   BRF   $0.616   None   $0.025
Market Vectors China ETF   PEK   None   None   None
Market Vectors Coal ETF   KOL   $0.425   None   None
Market Vectors Colombia ETF   COLX   $0.332   None   None
Market Vectors Egypt Index ETF   EGPT   $0.933   None   None
Market Vectors Environmental Services ETF   EVX   $0.788   None   None
Market Vectors Gaming ETF   BJK   $1.382   None   None
Market Vectors Germany Small-Cap ETF   GERJ   $0.614   None   None
Market Vectors Global Alternative Energy ETF   GEX   $0.207   None   None
Market Vectors Gold Miners ETF   GDX   $0.462   None   None
Market Vectors Gulf States Index ETF   MES   $0.606   None   None
Market Vectors India Small-Cap Index ETF   SCIF   $0.013   None   None
Market Vectors Indonesia Index ETF   IDX   $0.509   None   None
Market Vectors Indonesia Small-Cap ETF   IDXJ   $0.267   None   None
Market Vectors Junior Gold Miners ETF   GDXJ   $0.750   None   None
Market Vectors Latin America Small-Cap Index ETF   LATM   $1.091   None   None
Market Vectors Morningstar Wide Moat Research ETF   MOAT   $0.136   None   None
Market Vectors Oil Services ETF   OIH   $0.403   $0.007   None
Market Vectors Pharmaceutical ETF   PPH   $1.347   None   None
Market Vectors Poland ETF   PLND   $0.820   None   None
Market Vectors Rare Earth/Strategic Metals ETF   REMX   $0.227   None   None
Market Vectors Retail ETF   RTH   $0.846   None   None
Market Vectors Russia ETF   RSX   $0.729   None   None
Market Vectors Russia Small-Cap ETF   RSXJ   $0.308   None   None
Market Vectors RVE Hard Assets Producers ETF   HAP   $0.853   None   None
Market Vectors Semiconductor ETF   SMH   $0.700   None   None
Market Vectors Solar Energy ETF   KWT   $1.317   None   None
Market Vectors Steel ETF   SLX   $1.075   None   None
Market Vectors Unconventional Oil and Gas ETF   FRAK   $0.218   None   None
Market Vectors Uranium+Nuclear Energy ETF   NLR   $0.632   None   None
Market Vectors Vietnam ETF   VNM   $0.367   None   None

Passive Foreign Investment Company (PFIC) Income

Several Market Vectors ETFs may make investments in non-U.S. corporations classified as "passive foreign investment companies." Generally speaking, PFICs are non-U.S. corporations having 50% or more of their assets invested in cash or securities, or having 75% or more of their gross income originating from passive sources, including but not limited to interest, dividends and rents. In other words, these foreign companies primarily derive their revenue streams from investments (rather than operations). Please refer to your Market Vectors ETF's Statement of Additional Information (SAI) for further information on PFICs. The table above contains information regarding the PFIC tax adjustment for each year-end dividend per share.

IRS Circular 230 disclosure: 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.

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.

If you have any questions concerning this information or the Market Vectors ETFs in general, please call 1.888.MKT.VCTR between 9:00 a.m. and 5:30 p.m. EST, Monday through Friday.

About Market Vectors

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 this tradition by offering innovative, actively managed investment portfolios in hard assets, emerging markets, precious metals including gold, fixed income, and other alternative asset classes.

Market Vectors exchange-traded products have been sponsored 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, fixed income (municipal and international bonds) and currency markets. Market Vectors is currently the U.S.'s fifth largest provider of ETPs and eighth largest worldwide.

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 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 and Summary 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 888.MKT.VCTR or a freeprospectusandsummary prospectus.Investing involves risk, including possible loss of principal. An investor should consider the investment objective, risks, and charges and expenses of Market 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, 335 Madison Avenue, New York, NY 10017


MacMillan Communications
Mike MacMillan/Chris Sullivan

KEYWORDS:   United States  North America  New York


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