VanEck Announces Preliminary Year-End Distribution Estimates For VanEck Vectors Equity ETFs

VanEck announced today preliminary year-end distribution estimates for its VanEck Vectors TM equity exchange-traded funds.

Please note that these year-end estimates were made as of October 31, 2016 based upon the best information available and may be subject to significant change based on a number of factors, including but not limited to changes in the number of shares outstanding, changes in income that may occur prior to record date, and certain tax adjustments and reclassifications. These factors may also result in some VanEck Vectors ETFs which currently show no estimated dividends or capital gain distributions making a distribution at year-end. VanEck strongly urges shareholders to consult with their tax adviser regarding the tax consequences of these dividends and distributions. You should not make investment decisions based on this information.

Dividend estimates will not be provided for ETFs that may potentially be subject to significant passive foreign investment company (PFIC) income. Final distribution amounts for these ETFs are expected to be announced on December 16, 2016 (see tables below).
Ex-Date: December 19, 2016     Record Date: December 21, 2016     Payable Date: December 23, 2016
                         
Hard Assets ETFs     Ticker    

Estimated Dividend
    Estimated

Short-Term Capital Gain
    Estimated

Long-Term Capital Gain
VanEck Vectors Agribusiness ETF     MOO     $1.083     None     None
VanEck Vectors Coal ETF     KOL     $0.112     None     None
VanEck Vectors Global Alternative Energy ETF     GEX     $1.152     None     None
VanEck Vectors Gold Miners ETF     GDX     $0.059     None     None
VanEck Vectors Junior Gold Miners ETF     GDXJ         None     None
VanEck Vectors Oil Refiners ETF     CRAK     $0.524     None     None
VanEck Vectors Oil Services ETF     OIH     $0.540     None     None
VanEck Vectors Rare Earth/Strategic Metals ETF     REMX     None     None     None
VanEck Vectors Natural Resources ETF     HAP     $0.663     None     None
VanEck Vectors Solar Energy ETF     KWT     $1.376     None     None
VanEck Vectors Steel ETF     SLX     $0.418     None     None
VanEck Vectors Unconventional Oil and Gas ETF     FRAK     $0.066     None     None
VanEck Vectors Uranium+Nuclear Energy ETF     NLR     None     None     None

The expected dividend cannot be determined at this time due to significant Passive Foreign Investment Company (PFIC) Income. See explanatory paragraph on Page 3.
                         
Country/Regional ETFs     Ticker    

Estimated Dividend
    Estimated

Short-Term Capital Gain
    Estimated

Long-Term Capital Gain
VanEck Vectors Africa Index ETF     AFK     $0.657     None     None
VanEck Vectors Brazil Small-Cap ETF     BRF     $0.488     None     None
VanEck Vectors ChinaAMC CSI 300 ETF     PEK     $0.554     $0.034     $0.334
VanEck Vectors ChinaAMC SME-ChiNext ETF     CNXT     None     None     None
VanEck Vectors Egypt Index ETF     EGPT     $0.422     None     None
VanEck Vectors India Small-Cap Index ETF     SCIF     $0.691     None     None
VanEck Vectors Indonesia Index ETF     IDX     $0.261     None     None
VanEck Vectors Israel ETF     ISRA     $0.276     None     None
VanEck Vectors Poland ETF     PLND     $0.325     None     None
VanEck Vectors Russia ETF     RSX     $0.451     None     None
VanEck Vectors Russia Small-Cap ETF     RSXJ     $0.940     None     None
VanEck Vectors Vietnam ETF     VNM     $0.301     None     None
                         
Strategic Equity ETFs     Ticker    

Estimated Dividend
    Estimated

Short-Term Capital Gain
    Estimated

Long-Term Capital Gain
VanEck Vectors Global Spin-Off ETF     SPUN     $0.358     None     None
VanEck Vectors Morningstar International Moat ETF     MOTI     $0.717     None     None
VanEck Vectors Morningstar Wide Moat ETF     MOAT     $0.393     None     None
               

Ex-Date: December 19, 2016
   

Record Date: December 21, 2016
    Payable Date: December 23, 2016
                         
Industry ETFs     Ticker    

Estimated Dividend
    Estimated

Short-Term Capital Gain
    Estimated

Long-Term Capital Gain
VanEck Vectors Biotech ETF     BBH     $0.260     None     None
VanEck Vectors Environmental Services ETF     EVX     $0.520     None     None
VanEck Vectors Gaming ETF     BJK     $1.167     None     None
VanEck Vectors Generic Drugs ETF     GNRX     $0.239     None     None
VanEck Vectors Retail ETF     RTH     $1.319     None     None
VanEck Vectors Semiconductor ETF     SMH     $0.335     None     None
               
Ex-Date: December 28, 2016     Record Date: December 30, 2016     Payable Date: January 4, 2017
                         
Industry ETFs     Ticker    

Estimated Dividend
    Estimated

Short-Term Capital Gain
    Estimated

Long-Term Capital Gain
VanEck Vectors Pharmaceutical ETF     PPH     *     None     None

* The ETF pays a quarterly scheduled dividend; therefore, no estimate is provided.

About VanEck

VanEck's mission is to offer intelligently designed investment strategies that take advantage of targeted market opportunities. Founded in 1955, the firm is a pioneer in global investing with a history of placing clients' interests first in all market environments. Today, VanEck continues this tradition by offering active and passive investment portfolios in hard assets, emerging markets equity and debt, precious metals, fixed income, and other alternative asset classes. VanEck Vectors exchange-traded products are one of the largest ETP families in the world, managing more than 70 funds that span a range of sectors, asset classes, and geographies. As of October 31, 2016, VanEck managed approximately $39.9 billion in assets, including mutual funds, ETFs, and institutional accounts.

Important Disclosures

Passive Foreign Investment Company (PFIC) Income

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

All registered investment companies, including VanEck Vectors ETFs, are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading VanEck Vectors ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid.

To receive a distribution, you must have been a registered shareholder of the relevant VanEck Vectors ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distribution are not indicative of future distributions.

Fund shares are not individually redeemable and will be issued and redeemed at their Net Asset Value (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. You will incur brokerage expenses when trading Fund shares in the secondary market. Past performance is no guarantee of future results. Returns for actual Fund investments may differ from what is shown because of differences in timing, the amount invested, and fees and expenses.

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

666 Third Avenue

New York, NY 10017

800.826.2333

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