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Market Vectors Industry ETFs Announce Distributions

The Market Vectors ETF Trust announced today the following 2011 distributions per share for two of their industry exchange-traded funds.

The following dates apply to today’s distribution declarations:

Ex-Date

       

Record Date

       

Payable Date

December 28, 2011 December 30, 2011 January 4, 2012
           

Fund

Ticker

Dividend

 
Market Vectors Bank and Brokerage ETF RKH $ 0.0764
 
Market Vectors Retail ETF RTH $ 0.0567
 

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.

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