Exchange-Traded Funds (ETFs)

PIO - PowerShares Global Water Portfolio

Equity-based resources - Commodity Equities

Product Details

The PowerShares Global Water Portfolio (Fund) is based on the NASDAQ OMX Global Water Index. The Fund generally will invest at least 90% of its total assets in companies listed on a global exchange 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 Global Water Index 5.83 29.63 N/A N/A N/A N/A
Fund History (%)
Fund NAV 5.58 28.40 7.79 18.81 N/A 1.03
After Tax Held 5.58 28.06 7.59 18.63 N/A 0.94
After Tax Sold 3.16 16.55 6.16 15.49 N/A 0.91
Fund Market Price 5.37 28.90 7.77 18.67 N/A 0.78

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 The results assume that no cash was added to or assets withdrawn from the Index.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

Sector Allocation

as of 04/23/2014

Top Country Allocation

as of 04/23/2014

Market Cap & Style Allocations

Large-Cap Growth 18.14%
Large-Cap Blend 16.64%
Mid-Cap Growth 29.14%
Mid-Cap Value 15.03%
Mid-Cap Blend 15.34%
Small-Cap Growth 2.82%
Small-Cap Value 0.78%
Small-Cap Blend 2.11%

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

Fund Holdings subject to change

Ticker Company % of Fund
VIE Veolia Environnement SA 8.37
ROP Roper Industries Inc 7.85
FLS Flowserve Corp 7.77
PNR Pentair Ltd 7.52
GEBN Geberit AG 6.70
SBSP3 Cia de Saneamento Basico do Estado de Sao Paulo 4.18
SEV Suez Environnement Co 4.09
UU/ United Utilities Group PLC 4.02
WAT Waters Corp 4.00
PLL Pall Corp 3.99

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 0.08961 0.08961 - - -
09/20/2013 09/24/2013 09/30/2013 0.14596 0.14596 - - -
06/21/2013 06/25/2013 06/28/2013 0.11000 0.11000 - - -
03/15/2013 03/19/2013 03/28/2013 0.00000 0.00000 - - -
12/21/2012 12/26/2012 12/31/2012 0.06278 0.06278 - - -
09/21/2012 09/25/2012 09/28/2012 0.07788 0.07788 - - -
06/15/2012 06/19/2012 06/29/2012 0.18642 0.18642 - - -
03/16/2012 03/20/2012 03/30/2012 0.00000 0.00000 - - -
12/16/2011 12/20/2011 12/30/2011 0.07065 0.07065 - - -
09/16/2011 09/20/2011 09/30/2011 0.06928 0.06928 - - -
06/17/2011 06/21/2011 06/30/2011 0.11452 0.11452 - - -
12/17/2010 12/21/2010 12/31/2010 0.10336 0.10336 - - -
09/17/2010 09/21/2010 09/30/2010 0.02306 0.02306 - - -
06/18/2010 06/22/2010 06/30/2010 0.04751 0.04751 - - -
12/18/2009 12/22/2009 12/31/2009 0.17873 0.17873 - - -
09/18/2009 09/22/2009 09/30/2009 0.04513 0.04513 - - -
06/19/2009 06/23/2009 06/30/2009 0.00766 0.00766 - - -
12/19/2008 12/23/2008 12/31/2008 0.16479 0.16479 - - -
09/19/2008 09/23/2008 09/30/2008 0.01800 0.01800 - - -

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 10 0 0 2 0 0
12/31/2013 64 16 0 0 0 0 0
09/30/2013 64 1 0 0 2 0 0
06/30/2013 64 0 0 0 12 0 1
Year Ended 2013 252 17 0 0 17 2 1

Fund Inception: 06/13/2007

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

American Depositary Receipts (ADRs) involve many of the same risks as those associated with direct investment in foreign securities. In addition, the underlying issuers of certain depositary receipts, particularly unsponsored or unregistered depositary receipts, are under no obligation to distribute shareholder communications to the holders of such receipts or to pass through to them any voting rights with respect to the deposited securities.

The dollar value of the fund's foreign investments will be affected by changes in the exchange rates between the dollar and the currencies in which those investments are traded.

Global Depositary Receipts involve the same risks as those associated with ADRs. They are also subject to currency, political, economic and market risks because their values depend on the performance of non-dollar denominated underlying foreign securities.

A natural or other disaster could occur in a geographic region in which the Fund invests, which could adversely impact the Fund's investments in the affected region.

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

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

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.

Investment in securities in emerging market countries involves risks not associated with investments in securities in developed countries.

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

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.

Tracking stock may decline in value even if the common stock of the larger company increases in value.

The Palisades Global Water IndexTM is a modified equal-dollar weighted index designed to track the performance of companies engaged in the global 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 Global Water 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 Global Water Portfolio. "NASDAQ®" is a registered trademark and is used under license.

as of 04/24/2014
4:00 PM EST

PIO

  • Last Trade $23.89
  • Current IIV $23.90
  • Change -$0.08
  • % Change -0.33%
as of 04/24/2014
  • NAV at market close $23.89
as of 04/24/2014

Yield

  • SEC 30 Day Yield 0.87%
  • 12 Month Yield 1.45%
  • 30-Day SEC Unsubsidized Yield
    as of 04/23/2014
    N/A
as of 04/24/2014

Closing

  • Closing Price $23.97
  • Bid/Ask Midpoint $23.93
  • Bid/Ask Prem/Disc $0.04
  • Bid/Ask Prem/Disc 0.17%
as of 03/31/2014

Fund Characteristics

  • Price/Earnings Ratio1 20.92
  • Price/Book Ratio1 2.14
  • ROE2 14.81%
  • Avg Market Cap2 $8,243MM

1 Weighted Harmonic Average

2 Weighted Average

Fund Details

  • Fund Ticker PIO
  • CUSIP # 73936T623
  • ISIN US73936T6230
  • Intraday NAV PIOIV
  • Index Ticker GWATERLX
  • Index Provider NASDAQ OMX Group, Inc.
  • Management Fee 0.75%
  • Total Expense Ratio 0.82%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange NYSE Arca
  • Inception Date 06/13/2007
  • # of Holdings 35
    as of 04/23/2014
as of 04/24/2014

Quick Facts

  • Previous Close $23.97
  • Open $24.01
  • Today's High $24.01
  • Today's Low $23.78
  • Today's Volume 25,283
  • 52 Week High $24.60
  • 52 Week Low $18.10
  • Shares Outstanding 11.50MM
  • Market Value $274.8MM

Materials & Resources