PowerShares ETFs

PFI - PowerShares DWA Financial Momentum Portfolio

Equity - Sector Equity

Product Details

The PowerShares DWA Financial Momentum Portfolio (Fund) is based on the Dorsey Wright® Financials Technical Leaders Index (DWA Financials Technical Leaders 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 companies that are showing relative strength (momentum), and is composed of at least 30 common stocks from the NASDAQ US Benchmark Index. The Fund and the Index are rebalanced and reconstituted quarterly.

as of 11/30/2016 09/30/2016

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
Dorsey Wright Financials Technical Leaders Index 1.49 5.99 7.45 N/A N/A N/A
S&P 500 Financials Index 1.40 7.44 8.27 17.37 -1.58 -1.79
Dorsey Wright Financials Technical Leaders Index -0.20 -2.57 4.22 N/A N/A N/A
S&P 500 Financials Index 18.19 15.68 11.06 18.97 -0.36 -0.27
Fund History (%)
Fund NAV 0.97 5.32 6.99 16.36 N/A 3.32
After Tax Held 0.58 4.79 6.61 15.97 N/A 3.06
After Tax Sold 0.54 3.10 5.34 13.19 N/A 2.59
Fund Market Price 0.87 5.21 7.01 16.30 N/A 3.33
Fund NAV -0.81 -3.20 2.53 12.58 3.05 3.09
After Tax Held -1.20 -3.68 2.16 12.21 2.79 2.83
After Tax Sold -0.46 -1.73 1.88 10.02 2.38 2.40
Fund Market Price -0.84 -3.20 2.49 12.66 3.06 3.10

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 09/30/2016

Growth of $10,000

Data beginning Fund inception and ending 09/30/2016. Fund performance shown at NAV.

DWA Financials Technical Leaders Index* performance prior to Feb. 19, 2014 reflects that of the original Underlying Index Dynamic Financial Sector Intellidex Index. From Feb. 19, 2014, forward, the Index performance reflects that of the Underlying Index DWA Financials Technical Leaders Index AND IS NOT INTENDED FOR ANY THIRD PARTY USE.

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 12/08/2016

Industry Allocations

as of 12/08/2016

Market Cap & Style Allocations

Large-Cap Value 2.13%
Large-Cap Blend 4.03%
Large-Cap Growth 15.69%
Mid-Cap Value 18.21%
Mid-Cap Blend 24.02%
Mid-Cap Growth 11.67%
Small-Cap Value 4.51%
Small-Cap Blend 12.35%
Small-Cap Growth 7.40%

as of 12/08/2016 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
AMT American Tower Corp 4.32
CCI Crown Castle International Corp 4.09
GGP General Growth Properties Inc 4.03
MKTX MarketAxess Holdings Inc 4.03
FRT Federal Realty Investment Trust 3.78
SPG Simon Property Group Inc 3.40
SUI Sun Communities Inc 2.95
WAL Western Alliance Bancorp 2.78
REG Regency Centers Corp 2.69
O Realty Income Corp 2.53

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
09/16/2016 09/20/2016 09/30/2016 0.11488 0.11488 - - -
06/17/2016 06/21/2016 06/30/2016 0.15642 0.15642 - - -
03/18/2016 03/22/2016 03/31/2016 - - - - -
12/18/2015 12/22/2015 12/31/2015 0.13802 0.13802 - - -
09/18/2015 09/22/2015 09/30/2015 0.16028 0.16028 - - -
06/19/2015 06/23/2015 06/30/2015 0.09164 0.09164 - - -
03/20/2015 03/24/2015 03/31/2015 0.05331 0.05331 - - -
12/19/2014 12/23/2014 12/31/2014 0.14519 0.14519 - - -
09/19/2014 09/23/2014 09/30/2014 0.06505 0.06505 - - -
06/20/2014 06/24/2014 06/30/2014 0.08358 0.08358 - - -
03/21/2014 03/25/2014 03/31/2014 0.04451 0.04451 - - -
12/20/2013 12/24/2013 12/31/2013 0.09419 0.09419 - - -
09/20/2013 09/24/2013 09/30/2013 0.07851 0.07851 - - -
06/21/2013 06/25/2013 06/28/2013 0.13644 0.13644 - - -
03/15/2013 03/19/2013 03/28/2013 0.08930 0.08930 - - -
12/21/2012 12/26/2012 12/31/2012 0.11924 0.11924 - - -
09/21/2012 09/25/2012 09/28/2012 0.06221 0.06221 - - -
06/15/2012 06/19/2012 06/29/2012 0.07361 0.07361 - - -
03/16/2012 03/20/2012 03/30/2012 0.01100 0.01100 - - -
12/16/2011 12/20/2011 12/30/2011 0.11895 0.11895 - - -
09/16/2011 09/20/2011 09/30/2011 0.04059 0.04059 - - -
06/17/2011 06/21/2011 06/30/2011 0.03446 0.03446 - - -
12/17/2010 12/21/2010 12/31/2010 0.19008 0.19008 - - -
09/17/2010 09/21/2010 09/30/2010 0.07057 0.07057 - - -
06/18/2010 06/22/2010 06/30/2010 0.06044 0.06044 - - -
12/18/2009 12/22/2009 12/31/2009 0.09127 0.09127 - - -
09/18/2009 09/22/2009 09/30/2009 0.03545 0.03545 - - -
06/19/2009 06/23/2009 06/30/2009 0.08866 0.08866 - - -
12/19/2008 12/23/2008 12/31/2008 0.08955 0.08955 - - -
09/19/2008 09/23/2008 09/30/2008 0.07237 0.07237 - - -
06/20/2008 06/24/2008 06/30/2008 0.06142 0.06142 - - -
03/20/2008 03/25/2008 03/31/2008 0.00634 0.00634 - - -
12/21/2007 12/26/2007 12/31/2007 0.04436 0.04436 - - -
09/21/2007 09/25/2007 09/28/2007 0.09995 0.09995 - - -
06/15/2007 06/19/2007 06/29/2007 0.08027 0.08027 - - -
03/16/2007 03/20/2007 03/30/2007 0.01860 0.01860 - - -
12/15/2006 12/19/2006 12/29/2006 0.06758 0.06758 - - -

Frequency Distribution of Discounts & Premiums

    Bid/Ask MidPoint Above NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
09/30/2016 64 28 0 0 0 0 0
06/30/2016 64 15 0 0 0 0 0
03/31/2016 61 21 1 0 0 0 0
12/31/2015 64 22 0 0 0 0 0
Year Ended 2015 252 98 1 0 0 0 0
    Bid/Ask Midpoint Below NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
09/30/2016 64 36 0 0 0 0 0
06/30/2016 64 49 0 0 0 0 0
03/31/2016 61 39 0 0 0 0 0
12/31/2015 64 40 2 0 0 0 0
Year Ended 2015 252 150 3 0 0 0 0

Fund Inception: 10/12/2006

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 sector, such as financial services, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

The fund may engage in frequent trading of its portfolio securities in connection with the rebalancing or adjustment of the Underlying Index.

Momentum style of investing is subject to the risk that the securities may be more volatile than the market as a whole or returns on securities that have previously exhibited price momentum are less than returns on other styles of investing.

Investments in real estate related instruments may be affected by economic, legal, or environmental factors that affect property values, rents or occupancies of real estate. Real estate companies, including REITs or similar structures, tend to be small and mid-cap companies and their shares may be more volatile and less liquid.

The S&P 500® Financials Index is an unmanaged index considered representative of the financial market. The Dynamic Financial Sector Intellidex Index evaluates companies based on a variety of investment merit criteria, including price momentum, earnings momentum, quality, management action, and value. The NASDAQ US Benchmark Index is a float-adjusted market-cap-weighted index designed to track the performance of securities to the United States.

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

There is no relationship between Dorsey, Wright & Associates, LLC ("Dorsey Wright") and PowerShares by Invesco ("PowerShares") other than a license by Dorsey Wright to PowerShares of certain Dorsey Wright trademarks, tradenames, investment models, and indexes (the "DWA IP"). DWA IP has been created and developed by Dorsey Wright without regard to and independently of PowerShares, and/or any prospective investor. The licensing of any DWA IP is not an offer to purchase or sell, or a solicitation of an offer to buy any securities. A determination that any portion of an investor's portfolio should be devoted to any ETF product developed by PowerShares or investment model developed by Dorsey Wright is a determination made solely by the investment advisor serving the investor or the investor himself, not Dorsey Wright.

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 12/09/2016
4:00 PM EST

PFI
Intraday Stats

  • Last Trade $31.18
  • Current IIV $31.14
  • Change $0.02
  • % Change 0.06%
as of 12/08/2016
  • NAV at market close $31.12
as of 12/08/2016

Fund Yield

  • SEC 30 Day Yield 1.85%
  • Distribution Rate 1.48%
  • 12 Month Distribution Rate 1.31%
  • 30-Day SEC Unsubsidized Yield
    as of 12/08/2016
    1.55%
as of 12/08/2016

Prior Close

  • Closing Price $31.16
  • Bid/Ask Midpoint $31.15
  • Bid/Ask Prem/Disc $0.03
  • Bid/Ask Prem/Disc 0.10%
as of 09/30/2016

Fund Characteristics

  • Price/Earnings Ratio1 24.96
  • Price/Book Ratio1 2.62
  • ROE2 13.70%
  • Avg Market Cap2 $24,158MM

1 Weighted Harmonic Average

2 Weighted Average

Fund Details

  • Fund Ticker PFI
  • CUSIP # 73935X377
  • ISIN US73935X3778
  • Intraday NAV PFIIV
  • Index Ticker DWFNTR
  • Index Provider Dorsey Wright & Associates, LLC
  • Management Fee 0.50%
  • Total Expense Ratio 0.84%
  • Fee Waiver 0.24%
  • Net Expense Ratio 0.60%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange NASDAQ
  • Inception Date 10/12/2006
  • # of Holdings 46
    as of 12/08/2016
as of 12/09/2016

Quick Facts

  • Previous Close $31.16
  • Open $31.02
  • Today's High $31.26
  • Today's Low $31.02
  • Today's Volume 20,022
  • 165,497 30-Day Avg Trading
    Volume
  • 52 Week High $32.03
  • 52 Week Low $25.98
  • Shares Outstanding 2.30MM
  • Market Value $71.6MM