VanEck Announces Year-End Distributions for VanEck Equity ETFs

VanEck announced today the following 2023 annual distributions per share for its VanEck equity exchange-traded funds.

Distributions Per Share for the VanEck ETFs Listed Below

Ex-Date: December 18, 2023 | Record Date: December 19, 2023 |

Payable Date: December 22, 2023

Fund	Ticker	Income	Approximate % of Income from PFICs	Short-Term Capital Gain	Long-Term Capital Gain
VanEck Africa Index ETF	AFK	$0.3136	60%	None	None
VanEck Biotech ETF	BBH	$0.7127	None	None	None
VanEck Gaming ETF	BJK	$0.7111	6%	None	None
VanEck Brazil Small-Cap ETF	BRF	$0.8824	17%	None	None
VanEck Social Sentiment ETF	BUZZ	$0.0970	6%	None	None
VanEck CMCI Commodity Strategy ETF	CMCI	$0.3950	None	None	None
VanEck ChiNext ETF	CNXT	None	None	None	None
VanEck Oil Refiners ETF	CRAK	$1.2500	None	None	None
VanEck Digital Transformation ETF	DAPP	None	None	None	None
VanEck Digital India ETF	DGIN	$0.0883	76%	None	None
VanEck Egypt Index ETF	EGPT	$1.4595	77%	None	None
VanEck Video Gaming and eSports ETF	ESPO	$0.5422	None	None	None
VanEck Environmental Services ETF	EVX	$1.4500	None	None	None
VanEck Gold Miners ETF	GDX	$0.5001	None	None	None
VanEck Junior Gold Miners ETF	GDXJ	$0.2736	18%	None	None
VanEck India Growth Leaders ETF	GLIN	$0.4235	84%	None	None
VanEck Green Metals ETF	GMET	$0.4909	2%	None	None
VanEck Natural Resources ETF	HAP	$1.5982	None	None	None
VanEck Robotics ETF	IBOT	$0.1467	31%	$0.6716	None
VanEck Indonesia Index ETF	IDX	$0.6176	None	None	None
Fund	Ticker	Income	Approximate % of Income from PFICs	Short-Term Capital Gain	Long-Term Capital Gain
VanEck Israel ETF	ISRA	$0.6627	37%	None	None
VanEck Morningstar Wide Moat ETF	MOAT	$0.7285	None	None	None
VanEck Agribusiness ETF	MOO	$2.2358	4%	None	None
VanEck Morningstar ESG Moat ETF	MOTE	$0.2889	None	None	None
VanEck Morningstar Global Wide Moat ETF	MOTG	$0.6500	None	None	None
VanEck Morningstar International Moat ETF	MOTI	$0.7288	None	None	None
VanEck Uranium+Nuclear Energy ETF	NLR	$3.2580	78%	None	None
VanEck Oil Services ETF	OIH	$4.2235	None	None	None
VanEck Commodity Strategy ETF	PIT	$2.9583	None	None	None
VanEck Rare Earth/Strategic Metals ETF	REMX	None	None	None	None
VanEck Green Infrastructure ETF	RNEW	$0.2133	None	None	None
VanEck Russia ETF	RSX	$0.0203	None	None	None
VanEck Russia Small-Cap ETF	RSXJ	$0.0228	None	None	None
VanEck Retail ETF	RTH	$2.0075	None	None	None
VanEck Steel ETF	SLX	$2.0667	None	None	None
VanEck Semiconductor ETF	SMH	$1.0427	None	None	None
VanEck Low Carbon Energy ETF	SMOG	$1.7529	None	None	None
VanEck Morningstar SMID Moat ETF	SMOT	$0.2055	None	None	None
VanEck Vietnam ETF	VNM	$0.6552	89%	None	None
VanEck Future of Food ETF	YUMY	$0.3600	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.

If you have any questions concerning this information or the VanEck ETFs in general, please call 800.826.2333 between 9:00 am and 5:30 pm ET, 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 November 30, 2023, VanEck managed approximately $84.8 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 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, active management, social media analytics, derivatives, blockchain, commodities 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. ETFs that invest in high-yield securities are subject to subject to risks associated with investing in high-yield securities; which include a greater risk of loss of income and principal than funds holding higher-rated securities; concentration risk; credit risk; hedging risk; interest rate risk; and short sale risk. ETFs that invest in companies with small capitalizations are subject to elevated risks, which include, among others, greater volatility, lower trading volume and less liquidity than larger companies. 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

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