VanEck Announces Yearend Distributions for VanEck Equity ETFs

NEW YORK--(BUSINESS WIRE)--VanEck announced today the following 2022 annual distributions per share for its VanEck^® equity exchange-traded funds.

Ex-Date: December 19, 2022

Record Date: December 20, 2022

Payable Date: December 23, 2022

Natural Resources		Ticker	Income	Approximate % of Income from PFICs	Short-Term Capital Gain	Long-Term Capital Gain
	VanEck Agribusiness ETF	MOO	$ 1.8466	5%	None	None
	VanEck Future of Food ETF	YUMY	$ 0.2560	None	None	None
	VanEck Gold Miners ETF	GDX	$ 0.4762	None	None	None
	VanEck Green Metals ETF	GMET	$ 0.7250	<1%	None	None
	VanEck Junior Gold Miners ETF	GDXJ	$ 0.1825	93%	None	None
	VanEck Low Carbon Energy ETF	SMOG	$ 1.4580	None	None	None
	VanEck Natural Resources ETF	HAP	$ 1.6140	2%	None	None
	VanEck Oil Refiners ETF	CRAK	$ 0.9600	None	None	None
	VanEck Oil Services ETF	OIH	$ 2.8887	None	None	None
	VanEck Rare Earth/Strategic Metals ETF	REMX	$ 1.1867	81%	None	None
	VanEck Steel ETF	SLX	$ 2.8767	None	None	None
	VanEck Uranium+Nuclear Energy ETF	NLR	$ 1.1093	4%	None	None

Thematic		Ticker	Income	Approximate % of Income from PFICs	Short-Term Capital Gain	Long-Term Capital Gain
	VanEck Biotech ETF	BBH	$ 0.7488	<1%	None	None
	VanEck Environmental Services ETF	EVX	$ 0.5588	None	None	None
	VanEck Gaming ETF	BJK	$ 0.1683	10%	None	None
	VanEck Green Infrastructure ETF	RNEW	$ 0.0600	None	None	None
	VanEck Retail ETF	RTH	$ 1.8448	None	None	None
	VanEck Semiconductor ETF	SMH	$ 2.4010	None	None	None
	VanEck Video Gaming and eSports ETF	ESPO	$ 0.3917	None	None	None

Digital Assets		Ticker	Income	Approximate % of Income from PFICs	Short-Term Capital Gain	Long-Term Capital Gain
	VanEck Digital Assets Mining ETF	DAM	None	None	None	None
	VanEck Digital Transformation ETF	DAPP	None	None	None	None

Country/Regional		Ticker	Income	Approximate % of Income from PFICs	Short-Term Capital Gain	Long-Term Capital Gain
	VanEck Africa Index ETF	AFK	$ 0.5759	1%	None	None
	VanEck Brazil Small-Cap ETF	BRF	$ 0.5571	6%	None	None
	VanEck China Growth Leaders ETF	GLCN	$ 0.5750	3%	None	None
	VanEck ChiNext ETF	CNXT	None	None	None	None
	VanEck Digital India ETF	DGIN	$ 0.2700	None	None	None
	VanEck Egypt Index ETF	EGPT	$ 0.2667	None	None	None
	VanEck India Growth Leaders ETF	GLIN	$ 0.5556	34%	None	None
	VanEck Indonesia Index ETF	IDX	$ 0.6316	3%	None	None
	VanEck Israel ETF	ISRA	$ 0.4848	20%	None	None
	VanEck Russia ETF	RSX	None	None	None	None
	VanEck Russia Small-Cap ETF	RSXJ	None	None	None	None
	VanEck Vietnam ETF	VNM	$ 0.1106	37%	None	None

Strategic Equity		Ticker	Income	Approximate % of Income from PFICs	Short-Term Capital Gain	Long-Term Capital Gain
	VanEck Morningstar ESG Moat ETF	MOTE	$ 0.2143	None	None	None
	VanEck Morningstar Global Wide Moat ETF	MOTG	$ 0.7000	None	None	$ 0.4702
	VanEck Morningstar International Moat ETF	MOTI	$ 0.9474	5%	None	None
	VanEck Morningstar SMID Moat ETF	SMOT	$ 0.0644	None	None	None
	VanEck Morningstar Wide Moat ETF	MOAT	$ 0.8119	None	None	None
	VanEck Social Sentiment ETF	BUZZ	$ 0.0488	None	None	None

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.

Passive Foreign Investment Company (PFIC) Income: Several VanEck 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 VanEck ETF’s Statement of Additional Information (SAI) for further information on PFICs.

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 the VanEck ETFs should obtain their own independent tax advice based on their particular circumstances.

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 November 30, 2022, VanEck managed approximately $71.5 billion in assets, including utual 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 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 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 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. 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, Distributor, a wholly owned subsidiary of Van Eck Associates Corporation
666 Third Avenue
New York, NY 10017
800.826.2333