PowerShares ETFs

PDN - PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio

Equity - International and Global Equity

Product Details

The PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio (Fund) is based on the FTSE RAFI Developed Markets ex-U.S. Mid-Small 1500 Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and American Depository Receipts (ADRs) based on the securities in the Index. The Index is designed to track the performance of small and mid capitalization equities of companies domiciled in developed international markets (excluding the US), selected based on the following four fundamental measures of firm size: book value, cash flow, sales and dividends. The equities with the highest fundamental strength are weighted according to their fundamental scores. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are reconstituted annually.

as of 06/30/2015 06/30/2015

Performance


   
as of 06/30/2015 06/30/2015
  YTD 1 Year 3 Year 5 Year 10 Year Fund Inception
Index History (%)
FTSE RAFI Developed ex U.S. Mid Small 1500 Index 7.88 -3.40 12.70 10.32 N/A 4.04
MSCI EAFE Small Cap Index 10.15 -0.77 15.69 12.40 6.59 2.73
Fund History (%)
Fund NAV 8.22 -3.90 12.07 10.05 N/A 3.39
After Tax Held 7.83 -4.37 11.62 9.70 N/A 3.06
After Tax Sold 4.66 -1.96 9.51 8.15 N/A 2.74
Fund Market Price 9.06 -2.07 12.52 10.46 N/A 3.48

Monthly Performance

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. Returns less than one year are cumulative.


as of 06/30/2015

Growth of $10,000

Data beginning Fund inception and ending 06/30/2015. Fund performance shown at NAV.

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 09/03/2015

Sector Allocation

as of 09/03/2015

Top Country Allocation

as of 08/25/2015

Market Cap & Style Allocations

Large-Cap Value 2.41%
Large-Cap Blend 2.47%
Large-Cap Growth 6.56%
Mid-Cap Value 23.98%
Mid-Cap Blend 20.94%
Mid-Cap Growth 18.16%
Small-Cap Value 11.75%
Small-Cap Blend 8.59%
Small-Cap Growth 5.14%

as of 09/03/2015 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
GALN VX Galenica AG 0.23
PNDORA DC Pandora A/S 0.22
3626 IT Holdings Corp 0.21
8129 Toho Holdings Co Ltd 0.21
7701 Shimadzu Corp 0.21
2432 DeNA Co Ltd 0.20
009830 KS Hanwha Chemical Corp 0.19
1808 Haseko Corp 0.19
SK FP SEB SA 0.18
6952 Casio Computer Co Ltd 0.18

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
06/19/2015 06/23/2015 06/30/2015 0.22749 0.22749 - - -
03/20/2015 03/24/2015 03/31/2015 0.01019 0.01019 - - -
12/19/2014 12/23/2014 12/31/2014 0.20074 0.20074 - - -
09/19/2014 09/23/2014 09/30/2014 0.03876 0.03876 - - -
06/20/2014 06/24/2014 06/30/2014 0.23597 0.23597 - - -
03/21/2014 03/25/2014 03/31/2014 0.03273 0.03273 - - -
12/20/2013 12/24/2013 12/31/2013 0.30340 0.30340 - - -
09/20/2013 09/24/2013 09/30/2013 0.15333 0.15333 - - -
06/21/2013 06/25/2013 06/28/2013 0.12144 0.12144 - - -
03/15/2013 03/19/2013 03/28/2013 0.02151 0.02151 - - -
12/21/2012 12/26/2012 12/31/2012 0.28616 0.28616 - - -
09/21/2012 09/25/2012 09/28/2012 0.03650 0.03650 - - -
06/15/2012 06/19/2012 06/29/2012 0.20764 0.20764 - - -
03/16/2012 03/20/2012 03/30/2012 0.01141 0.01141 - - -
12/16/2011 12/20/2011 12/30/2011 0.21689 0.21689 - - -
06/17/2011 06/21/2011 06/30/2011 0.27054 0.27054 - - -
03/18/2011 03/22/2011 03/31/2011 0.01060 0.01060 - - -
12/17/2010 12/21/2010 12/31/2010 0.36133 0.36133 - - -
09/17/2010 09/21/2010 09/30/2010 0.01238 0.01238 - - -
06/18/2010 06/22/2010 06/30/2010 0.04535 0.04535 - - -
03/19/2010 03/23/2010 03/31/2010 0.02237 0.02237 - - -
12/18/2009 12/22/2009 12/31/2009 0.54822 0.54822 - - -
09/18/2009 09/22/2009 09/30/2009 0.02181 0.02181 - - -
06/19/2009 06/23/2009 06/30/2009 0.07972 0.07972 - - -
12/19/2008 12/23/2008 12/31/2008 0.06846 0.06846 - - -
06/20/2008 06/24/2008 06/30/2008 0.24317 0.24317 - - -
03/20/2008 03/25/2008 03/31/2008 0.03125 0.03125 - - -
12/21/2007 12/26/2007 12/31/2007 0.03515 0.03515 - - -

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%
06/30/2015 63 24 8 0 1 0 0
03/31/2015 61 18 26 0 1 0 0
12/31/2014 64 19 27 8 1 0 0
09/30/2014 64 10 12 0 1 0 0
Year Ended 2014 252 55 43 8 15 2 0

Fund Inception: 09/27/2007

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.


 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. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.

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

Stocks of small and mid-sized companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale.

The risks of investing in securities of foreign issuers, including emerging market issuers, can include fluctuations in foreign currencies, political and economic instability, and foreign taxation issues.

The MSCI EAFE® Small Cap Index is an unmanaged index considered representative of small-cap stocks of Europe, Australasia and the Far East. The index is computed using the net return, which withholds applicable taxes for non-resident investors.

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

Shares of the Fund are not in any way sponsored, endorsed, sold or promoted by FTSE International Limited ("FTSE"), or by the London Stock Exchange Plc ("Exchange"), or by The Financial Times Limited ("FT") or by Research Affiliates LLC ("RA"), and neither FTSE nor Exchange nor FT nor RA makes any warranty or representation whatsoever, expressly or implicitly, as to the results to be obtained from the use of the FTSE RAFI Developed Markets ex-U.S. Mid-Small 1500 Index ("Index") and/or the figure at which the said Index stands at any particular time on any particular day or otherwise. The Index is compiled and calculated by FTSE in conjunction with RA; however, neither FTSE nor Exchange nor FT nor RA shall be liable (whether in negligence or otherwise) to any person for any error in the Index, and neither FTSE nor the Exchange nor FT nor RA shall be under any obligation to advise any person of any error therein. "FTSE" is a trademark of the London Stock Exchange Plc and The Financial Times Limited and is used by FTSE International Limited under licence. "Research Affiliates", "RAFI", "Fundamentals Weighted" and "Fundamental Index" are trademarks of Research Affiliates.

Beta is a measure of risk representing how a security is expected to respond to general market movements. Smart Beta represents an alternative and selection index based methodology that seeks to outperform a benchmark or reduce portfolio risk, or both. Smart beta funds may underperform cap-weighted benchmarks and increase portfolio risk.

as of 09/04/2015
3:55 PM EST

PDN
Intraday Stats

  • Last Trade $25.33
  • Current IIV $25.06
  • Change -$0.49
  • % Change -1.90%
as of 09/03/2015
  • NAV at market close $25.37
as of 09/03/2015

Fund Yield

  • SEC 30 Day Yield 1.72%
  • Distribution Rate 3.59%
  • 30-Day SEC Unsubsidized Yield
    as of 09/03/2015
    1.72%
as of 09/03/2015

Prior Close

  • Closing Price $25.82
  • Bid/Ask Midpoint $25.75
  • Bid/Ask Prem/Disc $0.38
  • Bid/Ask Prem/Disc 1.50%
as of 06/30/2015

Fund Characteristics

  • Price/Earnings Ratio1 23.68
  • Price/Book Ratio1 1.44
  • ROE2 4.13%
  • Avg Market Cap2 $2,919MM

1 Weighted Harmonic Average

2 Weighted Average

Fund Details

  • Fund Ticker PDN
  • CUSIP # 73936T771
  • ISIN US73936T7717
  • Intraday NAV PDNIV
  • Index Ticker TFRDXUNU
  • Index Provider FTSE International Limited
  • Management Fee 0.49%
  • Total Expense Ratio 0.49%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange NYSE Arca
  • Inception Date 09/27/2007
  • # of Holdings 1,495
    as of 09/03/2015
as of 09/04/2015

Quick Facts

  • Previous Close $25.82
  • Open $25.50
  • Today's High $25.50
  • Today's Low $25.18
  • Today's Volume 18,710
  • 52 Week High $29.56
  • 52 Week Low $25.00
  • Shares Outstanding 5.15MM
  • Market Value $130.6MM