Exchange-Traded Funds (ETFs)

PHO - PowerShares Water Resources Portfolio

Equity-based resources - Commodity Equities

Product Details

The PowerShares Water Resources Portfolio (Fund) is based on the NASDAQ OMX US Water Index. The Fund generally will invest at least 90% of its total assets in common stocks and American depositary receipts (ADRs) of companies in the water industry that comprise the Underlying Index. The Underlying Index seeks to track the performance of US exchange-listed companies that create products designed to conserve and purify water for homes, businesses and industries. The Fund and the Index are rebalanced quarterly and reconstituted annually in April.

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 (%)
NASDAQ OMX US Water Index 1.80 17.51 N/A N/A N/A N/A
ISE Water Index 1.81 19.69 13.60 20.40 N/A 10.23
S&P 500 Index 1.81 21.86 14.66 21.16 7.42 7.09
Fund History (%)
Fund NAV 1.83 16.91 10.25 18.01 N/A 7.60
After Tax Held 1.83 16.75 10.11 17.88 N/A 7.49
After Tax Sold 1.04 9.67 7.99 14.67 N/A 6.13
Fund Market Price 1.83 16.76 10.26 18.20 N/A 7.45

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.

NASDAQ OMX US Water Index* performance prior to 3/1/2012 reflects that of the original Underlying Index Palisades Water Index. From 3/1/2012, forward, the Index performance reflects that of the Underlying Index NASDAQ OMX US Water 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 The results assume that no cash was added to or assets withdrawn from the Index.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 04/23/2014

Industry Allocations

as of 04/23/2014

Market Cap & Style Allocations

Large-Cap Growth 7.58%
Large-Cap Blend 5.38%
Mid-Cap Growth 35.74%
Mid-Cap Value 11.95%
Mid-Cap Blend 4.03%
Small-Cap Growth 4.23%
Small-Cap Value 6.31%
Small-Cap Blend 24.77%

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

Fund Holdings subject to change

Ticker Company % of Fund
WAT Waters Corp 8.07
PLL Pall Corp 8.04
ROP Roper Industries Inc 7.91
FLS Flowserve Corp 7.83
PNR Pentair Ltd 7.58
LNN Lindsay Corp 4.23
SBS Cia de Saneamento Basico do Estado de Sao Paulo ADR 4.20
AWK American Water Works Co Inc 4.16
ITRI Itron Inc 4.10
WTR Aqua America Inc 4.09

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
12/20/2013 12/24/2013 12/31/2013 0.02254 0.02254 - - -
09/20/2013 09/24/2013 09/30/2013 0.02389 0.02389 - - -
06/21/2013 06/25/2013 06/28/2013 0.08126 0.08126 - - -
03/15/2013 03/19/2013 03/28/2013 0.00000 0.00000 - - -
12/21/2012 12/26/2012 12/31/2012 0.04147 0.04147 - - -
09/21/2012 09/25/2012 09/28/2012 0.01826 0.01826 - - -
06/15/2012 06/19/2012 06/29/2012 0.10029 0.10029 - - -
03/16/2012 03/20/2012 03/30/2012 0.02108 0.02108 - - -
12/16/2011 12/20/2011 12/30/2011 0.01816 0.01816 - - -
09/16/2011 09/20/2011 09/30/2011 0.01612 0.01612 - - -
06/17/2011 06/21/2011 06/30/2011 0.07430 0.07430 - - -
12/17/2010 12/21/2010 12/31/2010 0.07639 0.07639 - - -
06/18/2010 06/22/2010 06/30/2010 0.02548 0.02548 - - -
12/18/2009 12/22/2009 12/31/2009 0.07262 0.07262 - - -
09/18/2009 09/22/2009 09/30/2009 0.00436 0.00436 - - -
06/19/2009 06/23/2009 06/30/2009 0.03651 0.03651 - - -
03/20/2009 03/24/2009 03/31/2009 0.00209 0.00209 - - -
12/19/2008 12/23/2008 12/31/2008 0.04239 0.04239 - - -
06/20/2008 06/24/2008 06/30/2008 0.01919 0.01919 - - -
03/20/2008 03/25/2008 03/31/2008 0.01822 0.01822 - - -
12/21/2007 12/26/2007 12/31/2007 0.01763 0.01763 - - -
09/21/2007 09/25/2007 09/28/2007 0.01328 0.01328 - - -
06/15/2007 06/19/2007 06/29/2007 0.03052 0.03052 - - -
03/16/2007 03/20/2007 03/30/2007 0.02358 0.02358 - - -
12/15/2006 12/19/2006 12/29/2006 0.07779 0.07779 - - -
09/15/2006 09/19/2006 09/29/2006 0.03621 0.03621 - - -
06/16/2006 06/20/2006 06/30/2006 0.03737 0.03737 - - -
12/30/2005 01/04/2006 01/31/2006 0.02682 0.02682 - - -
12/16/2005 12/20/2005 12/30/2005 0.00627 0.00627 - - -

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 1 0
12/31/2013 64 0 0 0 0 0 0
09/30/2013 64 0 0 0 0 0 0
06/30/2013 64 0 0 0 0 0 0
Year Ended 2013 252 0 0 0 1 0 0

Fund Inception: 12/06/2005

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.

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

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.

The Fund's use of a representative sampling approach will result in its holding a smaller number of bonds than are in the underlying Index, and may be subject to greater volatility.

Foreign securities have additional risks, including exchange-rate changes, decreased market liquidity, political instability and taxation by foreign governments.

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 water industry are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

The ISE Water Index is an unmanaged index composed of stocks of companies involved in the water industry. The S&P 500® Index is an unmanaged index considered representative of the U.S. stock market. The Palisades Water IndexTM is a modified equal-dollar weighted index designed to track the performance of companies engaged in the water industry.

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 PowerShares Water Resources Portfolio is not sponsored, endorsed, sold or promoted by the NASDAQ OMX Group, Inc. or its affiliates (NASDAQ OMX, with its affiliates, are referred to as the "Corporations"). The Corporations have no liability in connection with the administration, marketing or trading of the PowerShares Water Resources Portfolio. "NASDAQ®" is a registered trademark and is used under license.

as of 04/24/2014
10:28 AM EST

PHO

  • Last Trade $26.15
  • Current IIV $26.16
  • Change -$0.05
  • % Change -0.19%
as of 04/23/2014
  • NAV at market close $26.20
as of 04/23/2014

Yield

  • SEC 30 Day Yield 0.52%
  • 12 Month Yield 0.49%
  • 30-Day SEC Unsubsidized Yield
    as of 04/23/2014
    N/A
as of 04/23/2014

Closing

  • Closing Price $26.20
  • Bid/Ask Midpoint $26.23
  • Bid/Ask Prem/Disc $0.03
  • Bid/Ask Prem/Disc 0.11%
as of 03/31/2014

Fund Characteristics

  • Price/Earnings Ratio1 23.77
  • Price/Book Ratio1 2.62
  • ROE2 12.93%
  • Avg Market Cap2 $6,535MM

1 Weighted Harmonic Average

2 Weighted Average

Fund Details

  • Fund Ticker PHO
  • CUSIP # 73935X575
  • ISIN US73935X5757
  • Intraday NAV PHOIV
  • Index Ticker GWATUSLX
  • Index Provider NASDAQ OMX Group, Inc.
  • Management Fee 0.50%
  • Total Expense Ratio 0.62%
  • Marginable Yes
  • Short Selling Yes
  • Options Yes
  • Exchange NYSE Arca
  • Inception Date 12/06/2005
  • # of Holdings 29
    as of 04/23/2014
as of 04/24/2014

Quick Facts

  • Previous Close $26.20
  • Open $26.27
  • Today's High $26.27
  • Today's Low $25.98
  • Today's Volume 14,637
  • 52 Week High $27.23
  • 52 Week Low $21.18
  • Shares Outstanding 38.20MM
  • Market Value $1,000.9MM

Materials & Resources