Invesco PowerShares
Welcome, Guest
Sign In  |  Register
Search
 
 
 
 
 

The PowerShares Zacks Micro Cap Portfolio (Fund) is based on the Zacks Micro Cap IndexTM (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify a group of micro-cap stocks with the greatest potential to outperform passive benchmark micro-cap indexes and other actively managed US micro-cap strategies. Due to their low correlation to large, medium and small-sized companies, micro caps may complement existing blended portfolios by improving risk-adjusted performance. The Fund and the Index are rebalanced and reconstituted quarterly.


Date   6/19/2013  
Price   14.40  
Bid/Ask Midpoint   14.38  
 
NAV   14.33  
Bid/Ask Prem/Disc   0.05  
Bid/Ask Prem/Disc   0.35%  
 As of 3/31/2013
Index History (%)YTD1 Year3 Year5 Year10 YearFund Inception
Zacks Micro Cap Index13.0217.628.650.48 -0.88
Russell Microcap Index12.5816.9312.806.68 4.04
Dow Jones Select MicroCap Index10.2614.9211.746.27 4.81
S&P 500 Index10.6113.9612.675.818.535.58
Fund History (%)YTD1 Year3 Year5 Year10 YearFund Inception
NAV13.3319.089.561.30 -0.25
After Tax Held13.3318.759.341.11 -0.39
After Tax Sold7.5411.327.491.04 -0.14
Market Price13.7019.079.551.31 -0.26

Underlying Index returns shown are price return.


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 8/31/2005, 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 The results assume that no cash was added to or assets withdrawn from the Index.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 1 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: 8/18/2005

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
3/15/20133/19/20133/28/20130.00000N.A.N.A.N.A.N.A.
12/21/201212/26/201212/31/20120.122740.12274N.A.N.A.N.A.
9/21/20129/25/20129/28/20120.065840.06584N.A.N.A.N.A.
6/15/20126/19/20126/29/20120.033010.03301N.A.N.A.N.A.
3/16/20123/20/20123/30/20120.011160.01116N.A.N.A.N.A.
12/16/201112/20/201112/30/20110.053960.05396N.A.N.A.N.A.
9/16/20119/20/20119/30/20110.034540.03454N.A.N.A.N.A.
6/17/20116/21/20116/30/20110.031790.03179N.A.N.A.N.A.
12/17/201012/21/201012/31/20100.017750.01775N.A.N.A.N.A.
6/18/20106/22/20106/30/20100.058220.05822N.A.N.A.N.A.
 
Distribution Information


Mid-Cap Growth 0.24%  
Mid-Cap Value 0.23%  
Small-Cap Growth 48.89%  
Small-Cap Value 50.35%  
Unclassified style data 0.28%  
As of 6/19/2013


Fund Holdings subject to change  
Canadian Solar Inc   0.68%  
Zale Corp   0.55%  
ACADIA Pharmaceuticals Inc   0.54%  
Overstock.com Inc   0.51%  
Hutchinson Technology Inc   0.49%  
As of 6/19/2013    
 
 
Arkansas Best Corp   0.40%  
NeoPhotonics Corp   0.39%  
Insmed Inc   0.38%  
Bon-Ton Stores Inc/The   0.37%  
BBX Capital Corp   0.37%  

View All Fund Holdings




As of 6/19/2013



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 invests primarily in micro-cap companies, which involve substantially greater risks of loss and price fluctuations than more established companies.

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 Russell Microcap® Index and the Dow Jones Select Micro-Cap Total Return Index (Dow Jones Select MicroCap Index) are unmanaged indexes considered representative of micro-cap stocks. The S&P 500® Index is an unmanaged index considered representative of the U.S. stock market. The Russell Microcap Index is a trademark/service mark of the Frank Russell Co. Russell® is a trademark of the Frank Russell Co.

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

The Zacks Micro Cap Index is a trademark of Zacks Investment Research ("Zacks") and is licensed for use by Invesco PowerShares Capital Management LLC in connection with the PowerShares Fund. The Fund is not sponsored or endorsed by Zacks, and Zacks 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 6/20/2013 12:00 AM EST
Last Trade $14.40
Current IIV $14.33
Change -0.09
% Change -0.60%
As of 6/19/2013
Market Close
NAV 14.33
As of 6/19/2013
SEC 30 Day Yield 0.89%
12 Month Yield 1.32%
As of 06/20/2013
Previous Close $14.48
Open $14.51
Today's High $14.53
Today's Low $14.36
Today's Volume 10,728
52 Week High $14.53
52 Week Low $10.59
Shares Outstanding 3.15MM
Market Value $45.2MM
Fund Ticker PZI
CUSIP # 73935X740
ISIN US73935X7407
Intraday NAV PZIIV
Index Ticker ZAX
Index Provider  Zacks Investment Research
Management Fee 0.50%
Acquired Fund Fees & Expenses 0.21%
Expense Ratio 1.13%
Fee Waiver 0.22%
Net Expense Ratio 0.91%
Marginable Yes
Short Selling Yes
Options No
Exchange NYSE Arca
Inception Date 8/18/2005
# of Holdings
as of 6/19/2013		 400
As of 03/31/2013
Price/Earnings Ratio¹ 27.14
Price/Book Ratio¹ 1.11
ROE² 4.97%
Avg Market Cap² 568MM
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 August 31, 2013.
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 6/20/2013
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
©2013 Invesco PowerShares Capital Management LLC  
PowerShares® is a registered trademark of Invesco PowerShares Capital Management LLC (Invesco PowerShares). Invesco PowerShares and Invesco Distributors, Inc. are indirect, wholly owned subsidiaries of Invesco Ltd.  
Invesco Distributors, Inc. is the distributor of the PowerShares Exchange-Traded Fund Trust, the PowerShares Exchange- Traded Fund Trust II, the PowerShares India Exchange-Traded Fund Trust and the PowerShares Actively Managed Exchange-Traded Fund Trust.  
ALPS Distributors, Inc. is the distributor of PowerShares QQQ, BLDRS Funds and PowerShares DB Funds. PowerShares QQQ and BLDRS Funds are unit investment trusts.  
Invesco PowerShares and Invesco Distributors, Inc. are not affiliated with ALPS Distributors, Inc.  
PowerShares DB ETNs are senior unsecured obligations issued by Deutsche Bank AG, London Branch. Certain marketing services may be provided for these products by Invesco Distributors, Inc. or its affiliate, Invesco PowerShares Capital Management LLC. Neither firm is affiliated with Deutsche Bank.  
Certain marketing services may be provided for the DB ETNS and DB ETFs by Invesco Distributors, Inc. or its affiliate, Invesco PowerShares Capital Management LLC. Invesco Distributors, Inc. will be compensated by Deutsche Bank or its affiliates for providing these marketing services. Neither Invesco Distributors, Inc. nor Invesco PowerShares is affiliated with Deutsche Bank.  
Shares are not individually redeemable and owners of the Shares may acquire those Shares from the Funds and tender those shares for redemption to the Funds in Creation Unit aggregations only, typically consisting of 50,000, 75,000, 100,000 or 200,000 Shares. Invesco Logo
Shares are not FDIC insured, may lose value and have no bank guarantee.
View the Legal Notice