Invesco PowerShares
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The PowerShares KBW Bank Portfolio (Fund) is based on the KBW Bank Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Underlying Index. The Index is a float adjusted modified-market capitalization-weighted index that seeks to reflect the performance of companies that do business as banks or thrifts that are publicly-traded in the US. The Index is compiled, maintained and calculated by Keefe, Bruyette & Woods, Inc. and is composed of approximately 24 companies representing leading national money centers and regional banks or thrifts. The Fund and the Index are rebalanced and reconstituted quarterly.


Date   5/24/2013  
Price   31.33  
Bid/Ask Midpoint   31.32  
 
NAV   31.34  
Bid/Ask Prem/Disc   -0.02  
Bid/Ask Prem/Disc   -0.06%  
 As of 3/31/2013
Index History (%)YTD1 Year3 Year5 Year10 YearFund Inception
KBW Bank Index10.3015.494.42-4.510.4934.49
S&P 500 Financials Sector Index11.4217.606.29-4.071.0030.70
S&P 500 Index10.6113.9612.675.818.5322.38
Fund History (%)YTD1 Year3 Year5 Year10 YearFund Inception
NAV10.2015.05   34.01
After Tax Held10.1014.72   33.38
After Tax Sold5.788.59   26.15
Market Price10.4015.12   34.17

Monthly Standardized Report


Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV.


 As of 3/31/2013
Data beginning 11/30/2011, the month end following Fund inception.
An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.

  Bid/Ask MidPoint Above NAV Bid/Ask Midpoint Below NAV
Quarter
Ending
Days 50-99
Basis Points
100-199
Basis Points
H200
Basis Points
50-99
Basis Points
100-199
Basis Points
H200
Basis Points
3/31/2013 60 0 0 0 0 0 0
12/31/2012 62 0 0 0 0 0 0
9/30/2012 63 0 0 0 0 0 0
6/30/2012 63 0 0 0 0 0 0
Year Ended 2012 250 0 0 0 0 0 0
Fund Inception: 11/1/2011

Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.

Ex-DateRecord DatePay Date$ / ShareOrdinary IncomeShort Term GainsLong Term GainsReturn of Capital
3/15/20133/19/20133/28/20130.062830.06283N.A.N.A.N.A.
12/21/201212/26/201212/31/20120.087360.08736N.A.N.A.N.A.
9/21/20129/25/20129/28/20120.036770.03677N.A.N.A.N.A.
6/15/20126/19/20126/29/20120.041950.04195N.A.N.A.N.A.
3/16/20123/20/20123/30/20120.168010.16801N.A.N.A.N.A.
12/16/201112/20/201112/30/20110.267470.26747N.A.N.A.N.A.
 
Distribution Information


Large-Cap Growth 33.58%  
Large-Cap Value 31.89%  
Mid-Cap Growth 11.17%  
Mid-Cap Value 23.36%  
As of 5/24/2013


Fund Holdings subject to change  
Bank of America Corp   10.14%  
Citigroup Inc   9.47%  
JPMorgan Chase & Co   8.63%  
Wells Fargo & Co   7.58%  
SunTrust Banks Inc   4.57%  
As of 5/24/2013    
 
 
Regions Financial Corp   4.20%  
M&T Bank Corp   4.18%  
Comerica Inc   4.04%  
Zions Bancorporation   4.02%  
Fifth Third Bancorp   3.99%  

View All Fund Holdings




As of 5/24/2013



Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.

There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund’s return may not match the return of the Underlying Index.

Investments focused in a particular industry are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

The Fund is considered non-diversified and may be subject to greater risks than a diversified fund.

The Fund contains securities in the banking market sectors. Companies engaged in this sector are subject to greater risks, and are more greatly impacted by market volatility, than more diversified investments.

Securities lending involves a risk of loss because the borrower may fail to return the securities in a timely manner or at all. If a Fund is not able to recover the securities loaned, it may sell the collateral and purchase a replacement security in the market. Lending securities entails a risk of loss to the Funds if and to the extent that the market value of the loaned securities increases and the collateral is not increased accordingly.

The S&P 500® Financials Sector Index is an unmanaged index considered representative of the financials sector within the S&P 500® Index. The S&P 500 Index is an unmanaged index considered representative of the U.S. stock market.

The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor’s.

"Keefe, Bruyette & Woods, Inc.", "KBW Bank Index" and "KBW" are trademarks of KBW and have been licensed for use by Invesco PowerShares Capital Management LLC. The PowerShares KBW Bank Portfolio is not sponsored, endorsed, sold or promoted by KBW and KBW makes no representation regarding the advisability of investing in The PowerShares KBW Bank Portfolio. Invesco PowerShares Capital Management LLC is not affiliated with KBW.

As of 5/25/2013 12:00 AM EST
Last Trade $31.33
Current IIV $31.34
Change 0.13
% Change 0.43%
As of 5/24/2013
Market Close
NAV 31.34
As of 5/24/2013
SEC 30 Day Yield 1.63%
Distribution Yield 0.80%
12 Month Yield 0.73%
As of 05/25/2013
Previous Close $31.20
Open $31.10
Today's High $31.33
Today's Low $31.02
Today's Volume 78,083
52 Week High $32.07
52 Week Low $20.90
Shares Outstanding 4.25MM
Market Value $133.2MM
Fund Ticker KBWB
CUSIP # 73937B746
ISIN US73937B7468
Intraday NAV KBWBIV
Index Ticker BKXTR
Management Fee 0.35%
Expense Ratio 0.35%
Marginable Yes
Short Selling Yes
Options Yes
Exchange NYSE Arca
Inception Date 11/1/2011
# of Holdings
as of 5/24/2013
24
As of 03/31/2013
Price/Earnings Ratio¹ 12.21
Price/Book Ratio¹ 0.89
ROE² 8.50%
Avg Market Cap² 66,679MM
¹Weighted Harmonic Average
²Weighted Average
The midpoint between the highest bid and the lowest offer, as of the time that the Fund's NAV is calculated, generally around 4 pm (eastern time).
Calculation of the premium or discount of the Bid/Ask Midpoint price at the time of calculation of the NAV against such NAV.
The Intraday Indicative Value for an ETF is typically published under a separate symbol every 15 seconds over the Consolidated Tape and calculated throughout the trading day based on the last sale prices of the securities specified for creation and redemption plus any estimated cash amounts associated with the creation unit, all on a per-ETF share basis.
A standard yield calculation developed by the Securities and Exchange Commission that allows for a common ground comparison of yield performance. It is based on the most recent 30-day period. It is calculated by dividing the net investment income (less expenses) per share over a 30-day period by the current maximum offering price.
The yield represents a single distribution from the fund and does not represent the total return of the fund. The yield is calculated by annualizing the most recent distribution and dividing by the fund NAV from the as of date. N/A will be displayed if the fund did not make a distribution in the most recent quarter.
The sum of a fund's total trailing 12-month interest and dividend payments divided by the last month's ending share price (NAV) plus any capital gains distributed over the same period.
For a description of the application of the Expense Cap and the Gross Ratio and Net Ratio please see the Fund's current prospectus.
Provides the total gross annual fund operating expenses per the Fund's current prospectus.
The Adviser has contractually agreed to waive fees and/or pay certain Fund expenses through at least .
The Fund’s pro rata portion of the cumulative expenses charged by the Underlying holdings in which the Fund invests.
Provides the expected expense ratio charged to shareholders per the Fund's current prospectus and reflects the investment advisor's contractual agreement to waive a portion of its fees and/or pay Fund expenses at least until 5/25/2013
The share price divided by earnings per share.
The price per share divided by accounting book value per share.
Net income divided by net worth.
The average market value of a company's outstanding securities, excluding current liabilities. Under $3.5 billion is generally considered small cap; $3.5 billion to $9 billion is mid cap; and over $9 billion is large cap.
A method of calculating an average value that lessens the impact of large outliers and increases the impact of small ones.
This number indicates the number of trading days represented within the most recent quarter displayed.
New lower expenses. Click icon for more information.
The amount by which a CEF's market price is greater or less than its NAV, expressed as a percent of NAV.
The period in the life of a callable bond in which the issuing company is not permitted to redeem the bond.
The amount by which the convertible price exceeds the value of the stock into which it can be converted.
The amount by which the price of the convertible exceeds its value as a straight bond, ignoring the conversion feature.
A measure of the expensiveness/cheapness of the option embedded in the convertible bond.
Ranging from zero to one, a measure of a convertible's price sensitivity to movements in the price of its underlying stock.
The average of each bond’s coupon divided by its current price