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VanEck announces year-end distributions for mutual funds and ETFs, detailing the amounts distributed to shareholders for the year.
Shareholders of the VanEck funds and ETFs must report distributions on their tax returns.
Investors should report the distribution amounts on their tax forms, typically using Form 1099-DIV for dividends.
The purpose is to inform investors about the income generated by their investments and to ensure proper tax reporting.
The reported information includes the total distribution amounts, the type of distributions (dividends, capital gains), and the record date.
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