VanEck Announces Preliminary Yearend Distribution Estimates for VanEck Vectors Equity ETFs

VanEck announced today preliminary yearend distribution estimates for
its VanEck Vectors^® equity exchange-traded funds.

Please note that these yearend estimates were made as of October 31,
2017 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 income or capital gain
distributions making a distribution at yearend. VanEck strongly urges
shareholders to consult with their tax adviser regarding the tax
consequences of these distributions. You should not make investment
decisions based on this information.

Distribution 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 declared on December 15, 2017 (see tables below).