The PowerShares KBW Premium Yield Equity REIT Portfolio (Fund) is based on the KBW Premium Yield Equity REIT Index (Index). The Fund will normally invest at least 90% of its total assets in the securities that comprise the Index. The Index is calculated using a dividend yield weighted methodology that seeks to reflect the performance of approximately 24 to 40 small- and mid-cap equity REITs in the United States. The Fund and the Index are rebalanced and reconstituted quarterly. |
 |
Date |
|
6/17/2013 |
|
|
Price |
|
31.74 |
|
|
Bid/Ask Midpoint  |
|
31.70 |
|
| |
|
NAV |
|
31.73 |
|
|
Bid/Ask Prem/Disc |
|
-0.03 |
|
|
Bid/Ask Prem/Disc |
|
-0.09% |
|
|
|
|
|
|
| Index History (%) | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Fund Inception |
| KBW Premium Yield Equity REIT Index | 17.43 | 34.86 | 19.24 | | | 18.82 |
| Dow Jones U.S. Real Estate Index | 8.41 | 16.39 | 16.60 | 6.43 | | 15.45 |
| S&P 500 Index | 10.61 | 13.96 | 12.67 | 5.81 | 8.53 | 13.78 |
| Fund History (%) | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Fund Inception |
| NAV | 17.30 | 34.21 | | | | 18.32 |
| After Tax Held | 16.68 | 31.96 | | | | 16.45 |
| After Tax Sold | 9.77 | 19.44 | | | | 13.38 |
| Market Price | 17.44 | 34.31 | | | | 18.49 |
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 12/31/2010, 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 The results assume that no cash was added to or assets withdrawn from the Index.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 |
0.50-0.99% |
1.00-1.99% |
> 2.00% |
0.50-0.99% |
1.00-1.99% |
> 2.00% |
| 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: 12/2/2010 |
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. |
 | |
Large-Cap Value |
2.81% |
|
|
Mid-Cap Value |
22.23% |
|
|
Small-Cap Growth |
27.90% |
|
|
Small-Cap Value |
47.05% |
|
| As of 6/17/2013 |
|
Fund Holdings subject to change |
|
|
Hospitality Properties Trust |
|
4.20% |
|
|
Omega Healthcare Investors Inc |
|
4.19% |
|
|
CapLease Inc |
|
3.95% |
|
|
EPR Properties |
|
3.91% |
|
|
One Liberty Properties Inc |
|
3.86% |
|
|
As of 6/17/2013 |
|
|
|
|
|
| |
|
Senior Housing Properties Trust |
|
3.67% |
|
|
Agree Realty Corp |
|
3.51% |
|
|
Inland Real Estate Corp |
|
3.43% |
|
|
Government Properties Income Trust |
|
3.40% |
|
|
Sun Communities Inc |
|
3.26% |
|
|
|
| | |
As of 6/17/2013
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.
The Fund is considered non-diversified and may be subject to greater risks than a diversified fund.
Investments in real estate instruments may be affected by economic, legal, cultural, environment or technological factors that affect the property values, rents or occupancies of real estate related to the Fund’s holdings.
Investing in securities of small and medium-sized companies may involve greater risk than is customarily associated with investing in large companies.
Although the Funds will not invest in real estate directly, the REITS in which the Fund will invest will be subject to risks inherent in the direct ownership of real estate.
Investments focused in a particular industry are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.
Securities that pay high dividends as a group can fall out of favor with the market, causing such companies to underperform companies that do not pay high dividends.
The Dow Jones US Real Estate Index is an unmanaged index considered representative of the US real estate market. 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 PremiumYield Equity REIT Index" and "KBW" are trademarks of KBW and have been licensed for use by Invesco PowerShares Capital Management LLC. The PowerShares KBW Premium Yield Equity REIT Portfolio is not sponsored, endorsed, sold or promoted by KBW and KBW makes no representation regarding the advisability of investing in The PowerShares KBW Premium Yield Equity REIT Portfolio. Invesco PowerShares Capital Management LLC is not affiliated with KBW.
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