Exchange-Traded Funds (ETFs)

PBW - PowerShares WilderHill Clean Energy Portfolio

Equity-based resources - Alternative Energy

Product Details

The PowerShares WilderHill Clean Energy Portfolio (Fund) is based on the WilderHill Clean Energy Index (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 deliver capital appreciation through the selection of companies that focus on greener and generally renewable sources of energy and technologies that facilitate cleaner energy. The Fund and the Index are rebalanced and reconstituted quarterly.

as of 03/31/2014 03/31/2014

Performance


   
as of 03/31/2014 03/31/2014
  YTD 1 Year 3 Year 5 Year 10 Year Fund Inception
Index History (%)
WilderHill Clean Energy Index 10.53 65.35 -11.69 -0.45 N/A -8.13
NASDAQ Composite Index 0.54 28.51 14.72 22.40 7.73 8.17
S&P 500 Index 1.81 21.86 14.66 21.16 7.42 7.15
Fund History (%)
Fund NAV 11.02 67.23 -10.65 -0.06 N/A -7.51
After Tax Held 10.93 65.47 -11.36 -0.54 N/A -7.75
After Tax Sold 6.24 37.97 -8.12 -0.21 N/A -5.31
Fund Market Price 11.02 67.23 -10.71 0.04 N/A -7.50

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 03/31/2014

Growth of $10,000

Data beginning Fund inception and ending 03/31/2014.

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 The results assume that no cash was added to or assets withdrawn from the Index.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.

as of 04/23/2014

Sector Allocation

as of 04/23/2014

Market Cap & Style Allocations

Large-Cap Growth 5.38%
Large-Cap Blend 2.43%
Mid-Cap Growth 13.27%
Mid-Cap Value 5.45%
Mid-Cap Blend 5.14%
Small-Cap Growth 40.47%
Small-Cap Value 12.96%
Small-Cap Blend 14.90%

as of 04/23/2014 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
MXWL Maxwell Technologies Inc 2.58
THRM Gentherm Inc 2.47
DQ Daqo New Energy Corp ADR 2.44
CPN Calpine Corp 2.41
JASO JA Solar Holdings Co Ltd ADR 2.35
SQM Sociedad Quimica y Minera de Chile SA ADR 2.31
ENOC EnerNOC Inc 2.31
SUNE SunEdison Inc 2.28
PEGI Pattern Energy Group Inc 2.28
SPWR SunPower Corp 2.26

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
03/21/2014 03/25/2014 03/31/2014 0.01387 0.01387 - - -
12/20/2013 12/24/2013 12/31/2013 0.05721 0.05721 - - -
09/20/2013 09/24/2013 09/30/2013 0.02467 0.02467 - - -
06/21/2013 06/25/2013 06/28/2013 0.05712 0.05712 - - -
03/15/2013 03/19/2013 03/28/2013 0.00000 0.00000 - - -
12/21/2012 12/26/2012 12/31/2012 0.00000 0.00000 - - -
09/21/2012 09/25/2012 09/28/2012 0.02713 0.02713 - - -
06/15/2012 06/19/2012 06/29/2012 0.11106 0.11106 - - -
03/16/2012 03/20/2012 03/30/2012 0.02346 0.02346 - - -
12/16/2011 12/20/2011 12/30/2011 0.02561 0.02561 - - -
09/16/2011 09/20/2011 09/30/2011 0.09229 0.09229 - - -
12/15/2006 12/19/2006 12/29/2006 0.03675 0.03675 - - -
06/16/2006 06/20/2006 06/30/2006 0.01037 0.01037 - - -

Frequency Distribution of Discounts & Premiums

    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%
03/31/2014 61 0 0 0 0 0 1
12/31/2013 64 0 0 0 0 0 0
09/30/2013 64 2 0 0 0 0 0
06/30/2013 64 0 0 0 0 0 0
Year Ended 2013 252 2 0 0 1 0 0

Fund Inception: 03/03/2005

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.


 Risk & Other Information

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.

Equity risk is the risk that the value of equity securities, including common stocks, may fall due to both changes in general economic and political conditions that impact the market as a whole, as well as factors that directly relate to a specific company or its industry.

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 unable 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.

Investing in securities of small and medium-sized companies may involve greater risk than is customarily associated with investing in large companies.

Investments focused in a particular industry or sector, such as the clean energy industry are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

The NASDAQ Composite Index measures all NASDAQ domestic and international-based common stocks listed on The Nasdaq Stock 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.

The WilderHill Clean Energy Index is a trademark of WilderShares and is licensed for use by Invesco PowerShares Capital Management LLC in connection with the PowerShares investment Product. The Product is not sponsored or endorsed by WilderShares, and WilderShares 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 04/24/2014
4:00 PM EST

PBW

  • Last Trade $6.94
  • Current IIV $6.96
  • Change $0.03
  • % Change 0.43%
as of 04/23/2014
  • NAV at market close $6.92
as of 04/23/2014

Yield

  • SEC 30 Day Yield -0.40%
  • Distribution Yield 0.80%
  • 12 Month Yield 2.21%
  • 30-Day SEC Unsubsidized Yield
    as of 04/23/2014
    N/A
as of 04/23/2014

Closing

  • Closing Price $6.91
  • Bid/Ask Midpoint $6.92
  • Bid/Ask Prem/Disc -
  • Bid/Ask Prem/Disc -
as of 03/31/2014

Fund Characteristics

  • Price/Earnings Ratio1 -27.56
  • Price/Book Ratio1 2.19
  • ROE2 -29.14%
  • Avg Market Cap2 $2,835MM

1 Weighted Harmonic Average

2 Weighted Average

Fund Details

  • Fund Ticker PBW
  • CUSIP # 73935X500
  • ISIN US73935X5005
  • Intraday NAV PBWIV
  • Index Ticker ECO
  • Index Provider WilderHill
  • Management Fee 0.50%
  • Total Expense Ratio 0.84%
  • Fee Waiver 0.14%
  • Net Expense Ratio 0.70%
  • Marginable Yes
  • Short Selling Yes
  • Options Yes
  • Exchange NYSE Arca
  • Inception Date 03/03/2005
  • # of Holdings 56
    as of 04/23/2014
as of 04/24/2014

Quick Facts

  • Previous Close $6.91
  • Open $6.96
  • Today's High $7.03
  • Today's Low $6.82
  • Today's Volume 231,370
  • 52 Week High $8.02
  • 52 Week Low $4.50
  • Shares Outstanding 33.65MM
  • Market Value $232.8MM

Materials & Resources