Invesco PowerShares
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The PowerShares 1-30 Laddered Treasury Portfolio (Fund) is based on the Ryan/NASDAQ 1-30 Year Treasury Laddered Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index. The Index measures the potential returns of the U.S. Treasury yield curve based on approximately 30 equally weighted U.S. Treasury issues with fixed coupons, scheduled to mature in a proportional, annual sequential ("laddered") structure. The Portfolio does not participate in Treasury Bills, Treasury Inflation Protected Securities (TIPS), or zero-coupon securities (STRIPS). The Fund and the Index are rebalanced and reconstituted annually in February.

Effective Dec. 28, 2012, the NASDAQ OMX Group, Inc. replaced Mergent®, Inc. as the index provider. On Monday, Feb. 25, 2013, the Ryan/Mergent 1-30 Year Treasury Laddered Index was renamed the Ryan/NASDAQ 1-30 Year Treasury Laddered Index.


Date   5/23/2013  
Price   31.81  
Bid/Ask Midpoint   31.86  
 
NAV   31.85  
Bid/Ask Prem/Disc   0.01  
Bid/Ask Prem/Disc   0.03%  
 As of 3/31/2013
Index History (%)YTD1 Year3 Year5 Year10 YearFund Inception
Ryan/NASDAQ 1-30 Year Treasury Laddered Index-1.106.059.907.02 8.37
Barclays U.S. Treasury Index-0.193.145.394.454.635.71
Barclays U.S. Aggregate Index-0.123.775.525.475.025.97
Fund History (%)YTD1 Year3 Year5 Year10 YearFund Inception
NAV-1.135.799.576.69 8.04
After Tax Held-1.374.878.555.59 6.89
After Tax Sold-0.643.447.054.79 5.87
Market Price-0.656.029.566.64 8.00

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 10/31/2007, 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: 10/11/2007

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
5/15/20135/17/20135/31/20130.059180.05918N.A.N.A.N.A.
4/15/20134/17/20134/30/20130.059630.05963N.A.N.A.N.A.
3/15/20133/19/20133/28/20130.060260.06026N.A.N.A.N.A.
2/15/20132/20/20132/28/20130.058420.05842N.A.N.A.N.A.
1/15/20131/17/20131/31/20130.058860.05886N.A.N.A.N.A.
12/24/201212/27/201212/31/20120.00000N.A.N.A.0.00102N.A.
12/14/201212/18/201212/31/20120.084300.08430N.A.N.A.N.A.
11/15/201211/19/201211/30/20120.063140.06314N.A.N.A.N.A.
10/15/201210/17/201210/31/20120.063070.06307N.A.N.A.N.A.
9/14/20129/18/20129/28/20120.063210.06321N.A.N.A.N.A.
 
Distribution Information


Fund Holdings subject to change  
  Coupon RateMaturity DateRatingWeight
1. United States Treasury Note/Bond 4.50%02/15/2036AA+u/Aaa10.02%
2. United States Treasury Note/Bond 5.38%02/15/2031AA+u/Aaa10.01%
3. United States Treasury Note/Bond 2.00%02/15/2022AA+u/Aaa3.36%
4. United States Treasury Note/Bond 6.63%02/15/2027AA+u/Aaa3.36%
5. United States Treasury Note/Bond 4.38%02/15/2038AA+u/Aaa3.35%
6. United States Treasury Note/Bond 3.13%02/15/2042AA+u/Aaa3.34%
7. United States Treasury Note/Bond 3.13%02/15/2043AA+u/Aaa3.34%
8. United States Treasury Note/Bond 4.75%02/15/2041AA+u/Aaa3.34%
9. United States Treasury Note/Bond 3.50%02/15/2039AA+u/Aaa3.34%
10. United States Treasury Note/Bond 7.13%02/15/2023AA+u/Aaa3.34%
As of 5/23/2013
View All Fund Holdings


 
% of Fund 
0 - 1 years3.33 
1 - 5 years13.30 
5 - 10 years16.64 
10 - 15 years16.66 
15 - 20 years16.67 
20 - 25 years16.70 
25 years and over16.71 
As of 5/23/2013
 


Credit ratings are assigned by Nationally Recognized Statistical Rating Organizations based on assessment of the credit worthiness of the underlying bond issuers. The ratings range from AAA (highest) to D (lowest) and are subject to change. Not rated indicates the debtor was not rated, and should not be interpreted as indicating low quality. Futures and other derivatives are not eligible for assigned credit ratings by any NRSRO and are excluded from quality allocations. For more information on rating methodologies, please visit the following NRSRO websites: standardandpoors.com and select "Understanding Ratings" under Rating Resources and moodys.com and select "Rating Methodologies" under Research and Ratings.

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 may invest in debt securities, such as notes and bonds, which carry interest rate and credit risk. Interest rate risk refers to the risk that bond prices generally fall as interest rates rise and vice versa. Credit risk is the risk of loss on an investment due to the deterioration of an issuer's financial health.

Securities that have longer maturities are subject to greater risks, and are more greatly impacted by market volatility, than a fund investing solely in shorter term securities.

The Fund’s underlying securities may be subject to call risk, which may result in the Fund having to reinvest the proceeds at lower interest rates, resulting in a decline in the Fund’s income.

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

The Barclays U.S. Treasury Index is an unmanaged index of U.S. Treasury securities. The Barclays U.S. Aggregate Index is an unmanaged index considered representative of the U.S. investment-grade, fixed-rate bond market.

The Ryan/NASDAQ 1-30 Year Treasury Laddered Index is licensed for use by Invesco PowerShares Capital Management LLC in connection with the PowerShares 1-30 Laddered Treasury Portfolio. The Fund is not sponsored or endorsed by NASDAQ OMX Group, Inc., and NASDAQ OMX Group, Inc. makes no warranty or representation as to the accuracy and/or completeness of the Index or results to be obtained by any person from use of the Index or the trading of the Product.

As of 5/24/2013 12:00 PM EST
Last Trade $31.95
Current IIV $31.94
Change 0.14
% Change 0.44%
As of 5/23/2013
Market Close
NAV 31.85
As of 5/23/2013
SEC 30 Day Yield 1.80%
Distribution Yield 2.23%
12 Month Yield 2.39%
As of 5/17/2013
Effective Duration 10.95yrs
Yield to Maturity 2.11%
Yield to Worst 2.11%
Years to Maturity 15.24
Weighted Avg
Coupon
5.04%
Weighted Avg Price
as of 5/23/2013
128.37
A measure of a bond's sensitivity to interest rate changes that reflects the change in a bond's price given a change in yield. This duration measure is appropriate for bond with embedded options.
A measure of a bond's sensitivity to interest rate changes that reflects the change in a bond's price given a change in yield. This duration measure is appropriate for option-free bonds.
Average Yield to Worst is the average yield to maturity if the worst possible bond repayment takes place.
The annualized rate of return on a loan held to maturity.
The average number of days until the floating component of a loan resets.
London Interbank Offered Rate
The sum of each holding's price multiplied by its weight.
As of 05/24/2013
Previous Close $31.81
Open $31.91
Today's High $31.95
Today's Low $31.90
Today's Volume 2,093
52 Week High $34.13
52 Week Low $31.61
Shares Outstanding 5.05MM
Market Value $160.9MM
Fund Ticker PLW
CUSIP # 73936T524
ISIN US73936T5240
Intraday NAV PLWIV
Index Ticker MRTSYA
Index Provider  NASDAQ OMX Group, Inc.
Management Fee 0.25%
Expense Ratio 0.25%
Marginable Yes
Short Selling Yes
Options No
Exchange NYSE Arca
Inception Date 10/11/2007
# of Holdings
as of 5/23/2013
26
As of 5/23/2013
S&PMoody's
AAA: 0%Aaa: 100%
AA: 100%Aa: 0%
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 5/24/2013
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