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Market Vectors® Family Of ETFs Announces Distributions

The Market Vectors ETF Trust announced today the following 2010 annual distributions per share for the Market Vectors family of equity exchange-traded funds.

The following dates apply to today’s distribution declarations:



Record Date


Payable Date

December 23, 2010 December 28, 2010 December 30, 2010
                % of Dividends   Short-Term   Long-Term
ETFs       Ticker   Dividend   from PFICs   Capital Gain   Capital Gain
Market Vectors Africa Index ETF       AFK   $0.384   20%   None   None
Market Vectors Agribusiness ETF       MOO   $0.328   10%   None   None
Market Vectors Brazil Small-Cap ETF       BRF   $0.784   5%   $1.550   $1.241
Market Vectors China ETF       PEK   $1.100   None   None   None
Market Vectors Coal ETF       KOL   $0.194   10%   None   None
Market Vectors Egypt Index ETF       EGPT   $0.157   25%   None   None
Market Vectors Environmental Services ETF       EVX   $0.500   None   None   None
Market Vectors Gaming ETF       BJK   $0.813   5%   None   $0.022
Market Vectors Global Alternative Energy ETF       GEX   $0.190   None   None   None
Market Vectors Gold Miners ETF       GDX   $0.401   90%   None   None
Market Vectors Gulf States Index ETF       MES   $0.228   15%   None   None
Market Vectors India Small-Cap ETF       SCIF   None   None   None   None
Market Vectors Indonesia Index ETF       IDX   $0.824   None   None   None
Market Vectors Junior Gold Miners ETF       GDXJ   $2.929   100%   None   None
Market Vectors Latin America Small-Cap Index ETF       LATM   $0.213   85%   None   None
Market Vectors Nuclear Energy ETF       NLR   $1.064   55%   None   None
Market Vectors Poland ETF       PLND   $0.227   None   None   None
Market Vectors Rare Earth/Strategic Metals ETF       REMX   None   None   None   None
Market Vectors RVE Hard Assets Producers ETF       HAP   $0.314   5%   None   None
Market Vectors Russia ETF       RSX   $0.184   None   None   None
Market Vectors Solar Energy ETF       KWT   $0.066   None   None   None
Market Vectors Steel ETF       SLX   $1.025   None   None   None
Market Vectors Vietnam ETF       VNM   $0.342   10%   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.

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