Exchange-Traded Funds (ETFs)

PLW - PowerShares 1-30 Laddered Treasury Portfolio

Income - Fixed Income

Product Details

The PowerShares 1-30 Laddered Treasury Portfolio (Fund) is based on the Ryan/NASDAQ U.S. 1-30 Year Treasury Laddered Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index. The Index measures the potential returns of the U.S. Treasury yield curve based on approximately 30 equally weighted U.S. Treasury issues with fixed coupons, scheduled to mature in a proportional, annual sequential ("laddered") structure. The Portfolio does not participate in Treasury Bills, Treasury Inflation Protected Securities (TIPS), or zero-coupon securities (STRIPS). The Fund and the Index are rebalanced and reconstituted annually in February.

On April 16, 2013, the Ryan/Mergent 1-30 Year Treasury Laddered Index was renamed the Ryan/NASDAQ U.S. 1-30 Year Treasury Laddered Index.

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 (%)
Ryan/NASDAQ U.S. 1-30 Year Treasury Laddered Index 4.23 -2.95 6.39 4.09 N/A 6.54
Barclays U.S. Treasury Index 1.34 -1.26 3.40 2.69 4.05 4.60
Fund History (%)
Fund NAV 4.16 -3.26 6.10 3.79 N/A 6.22
After Tax Held 3.87 -4.25 5.10 2.76 N/A 5.09
After Tax Sold 2.35 -1.85 4.32 2.53 N/A 4.43
Fund Market Price 4.33 -3.32 6.11 3.75 N/A 6.17

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.

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 The results assume that no cash was added to or assets withdrawn from the Index.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

Quality Allocations as of 04/24/2014

S&P Moody's
AAA : 0% Aaa : 100%
AA : 100% Aa : 0%

as of 04/24/2014 Maturity

Years % of Fund
0 - 1 years 3.26
1 - 5 years 12.97
5 - 10 years 16.24
10 - 15 years 16.57
15 - 20 years 13.39
20 - 25 years 20.38
25 years and over 17.19

as of 04/24/2014Top Fixed-Income Holdings | View All

Holding Name Coupon Rate Maturity Date Next Call Date S&P / Moody's Rating† Weight
United States Treasury Note/Bond 4.50% 02/15/2036 N/A AA+u/Aaa 10.17%
United States Treasury Note/Bond 5.38% 02/15/2031 N/A AA+u/Aaa 10.03%
United States Treasury Note/Bond 3.62% 02/15/2044 N/A AA+u/Aaa 3.49%
United States Treasury Note/Bond 3.12% 02/15/2043 N/A AA+u/Aaa 3.44%
United States Treasury Note/Bond 3.12% 02/15/2042 N/A AA+u/Aaa 3.44%
United States Treasury Note/Bond 3.50% 02/15/2039 N/A AA+u/Aaa 3.42%
United States Treasury Note/Bond 4.75% 02/15/2041 N/A AA+u/Aaa 3.41%
United States Treasury Note/Bond 4.62% 02/15/2040 N/A AA+u/Aaa 3.40%
United States Treasury Note/Bond 4.38% 02/15/2038 N/A AA+u/Aaa 3.40%
United States Treasury Note/Bond 4.75% 02/15/2037 N/A AA+u/Aaa 3.39%

Holdings are subject to change and are not buy/sell recommendations.

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
04/15/2014 04/17/2014 04/30/2014 0.06443 0.06443 - - -
03/14/2014 03/18/2014 03/31/2014 0.06400 0.06400 - - -
02/14/2014 02/19/2014 02/28/2014 0.06291 0.06291 - - -
01/15/2014 01/17/2014 01/31/2014 0.06200 0.06200 - - -
12/13/2013 12/17/2013 12/31/2013 0.06200 0.06200 - - -
11/15/2013 11/19/2013 11/29/2013 0.06200 0.06200 - - -
10/15/2013 10/17/2013 10/31/2013 0.05800 0.05800 - - -
09/13/2013 09/17/2013 09/30/2013 0.05912 0.05912 - - -
08/15/2013 08/19/2013 08/30/2013 0.05812 0.05812 - - -
07/15/2013 07/17/2013 07/31/2013 0.05867 0.05867 - - -
06/14/2013 06/18/2013 06/28/2013 0.05908 0.05908 - - -
05/15/2013 05/17/2013 05/31/2013 0.05918 0.05918 - - -
04/15/2013 04/17/2013 04/30/2013 0.05963 0.05963 - - -
03/15/2013 03/19/2013 03/28/2013 0.06026 0.06026 - - -
02/15/2013 02/20/2013 02/28/2013 0.05842 0.05842 - - -
01/15/2013 01/17/2013 01/31/2013 0.05886 0.05886 - - -
12/24/2012 12/27/2012 12/31/2012 0.00000 0.00000 - 0.00102 -
12/14/2012 12/18/2012 12/31/2012 0.08430 0.08430 - - -
11/15/2012 11/19/2012 11/30/2012 0.06314 0.06314 - - -
10/15/2012 10/17/2012 10/31/2012 0.06307 0.06307 - - -
09/14/2012 09/18/2012 09/28/2012 0.06321 0.06321 - - -
08/15/2012 08/17/2012 08/31/2012 0.06294 0.06294 - - -
07/13/2012 07/17/2012 07/31/2012 0.06401 0.06401 - - -
06/15/2012 06/19/2012 06/29/2012 0.06516 0.06516 - - -
05/15/2012 05/17/2012 05/31/2012 0.06599 0.06599 - - -
04/13/2012 04/17/2012 04/30/2012 0.06749 0.06749 - - -
03/15/2012 03/19/2012 03/30/2012 0.06600 0.06600 - - -
02/15/2012 02/17/2012 02/29/2012 0.05990 0.05990 - - -
01/13/2012 01/18/2012 01/31/2012 0.05631 0.05631 - - -
12/15/2011 12/19/2011 12/30/2011 0.10400 0.10400 - - -
11/15/2011 11/17/2011 11/30/2011 0.05000 0.05000 - - -
10/14/2011 10/18/2011 10/31/2011 0.06750 0.06750 - - -
09/15/2011 09/19/2011 09/30/2011 0.07250 0.07250 - - -
08/15/2011 08/17/2011 08/31/2011 0.08072 0.08072 - - -
07/15/2011 07/19/2011 07/29/2011 0.08869 0.08869 - - -
06/15/2011 06/17/2011 06/30/2011 0.08240 0.08240 - - -
05/13/2011 05/17/2011 05/31/2011 0.08000 0.08000 - - -
04/15/2011 04/19/2011 04/29/2011 0.08200 0.08200 - - -
03/15/2011 03/17/2011 03/31/2011 0.08050 0.08050 - - -
02/15/2011 02/17/2011 02/28/2011 0.07834 0.07834 - - -
01/14/2011 01/19/2011 01/31/2011 0.08200 0.08200 - - -
12/15/2010 12/17/2010 12/31/2010 0.07298 0.07298 - - -
11/15/2010 11/17/2010 11/30/2010 0.04034 0.04034 - - -
10/15/2010 10/19/2010 10/29/2010 0.05355 0.05355 - - -
09/15/2010 09/17/2010 09/30/2010 0.07083 0.07083 - - -
08/13/2010 08/17/2010 08/31/2010 0.07857 0.07857 - - -
07/15/2010 07/19/2010 07/30/2010 0.08397 0.08397 - - -
06/15/2010 06/17/2010 06/30/2010 0.08073 0.08073 - - -
05/14/2010 05/18/2010 05/28/2010 0.08700 0.08700 - - -
04/15/2010 04/19/2010 04/30/2010 0.09782 0.09782 - - -
03/15/2010 03/17/2010 03/31/2010 0.09532 0.09532 - - -
02/12/2010 02/17/2010 02/26/2010 0.09694 0.09694 - - -
01/15/2010 01/20/2010 01/29/2010 0.09114 0.09114 - - -
12/15/2009 12/17/2009 12/31/2009 0.09545 0.09545 - - -
11/13/2009 11/17/2009 11/30/2009 0.06700 0.06700 - - -
10/15/2009 10/19/2009 10/30/2009 0.06655 0.06655 - - -
09/15/2009 09/17/2009 09/30/2009 0.07622 0.07622 - - -
08/14/2009 08/18/2009 08/31/2009 0.08175 0.08175 - - -
07/15/2009 07/17/2009 07/31/2009 0.08733 0.08733 - - -
06/15/2009 06/17/2009 06/30/2009 0.09132 0.09132 - - -
05/15/2009 05/19/2009 05/29/2009 0.07522 0.07522 - - -
04/15/2009 04/17/2009 04/30/2009 0.07726 0.07726 - - -
03/13/2009 03/17/2009 03/31/2009 0.08229 0.08229 - - -
02/13/2009 02/18/2009 02/27/2009 0.09729 0.09729 - - -
01/15/2009 01/20/2009 01/30/2009 0.08398 0.08398 - - -
12/15/2008 12/17/2008 12/31/2008 0.07625 0.07625 - - -
11/14/2008 11/18/2008 11/28/2008 0.08254 0.08254 - - -
10/15/2008 10/17/2008 10/31/2008 0.08255 0.08255 - - -
09/15/2008 09/17/2008 09/30/2008 0.07586 0.07586 - - -
08/15/2008 08/19/2008 08/29/2008 0.08428 0.08428 - - -
07/15/2008 07/17/2008 07/31/2008 0.07520 0.07520 - - -
06/13/2008 06/17/2008 06/30/2008 0.08621 0.08621 - - -
05/15/2008 05/19/2008 05/30/2008 0.08767 0.08767 - - -
04/15/2008 04/17/2008 04/30/2008 0.07460 0.07460 - - -
03/14/2008 03/18/2008 03/31/2008 0.09546 0.09546 - - -
02/15/2008 02/19/2008 02/29/2008 0.09963 0.09963 - - -
01/15/2008 01/17/2008 01/31/2008 0.09741 0.09741 - - -
12/14/2007 12/18/2007 12/31/2007 0.15369 0.15369 - - -
11/15/2007 11/19/2007 11/30/2007 0.09896 0.09896 - - -

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 1 0 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 1 0 0
Year Ended 2013 252 0 0 0 1 0 0

Fund Inception: 10/11/2007

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

† Credit ratings are assigned by Nationally Recognized Statistical Rating Organizations based on assessment of the credit worthiness of the underlying bond issuers. The ratings range from AAA (highest) to D (lowest) and are subject to change. Not rated indicates the debtor was not rated, and should not be interpreted as indicating low quality. Futures and other derivatives are not eligible for assigned credit ratings by any NRSRO and are excluded from quality allocations. For more information on rating methodologies, please visit the following NRSRO websites: standardandpoors.com and select "Understanding Ratings" under Rating Resources and moodys.com and select "Rating Methodologies" under Research and Ratings.

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's underlying securities may be subject to call risk, which may result in the Fund having to reinvest the proceeds at lower interest rates, resulting in a decline in the Fund's income.

Investments in fixed-income securities, such as notes and bonds, carry interest rate and credit risk. Interest rate risk refers to the risk that bond prices generally fall as interest rates rise and vice versa. Credit risk is the risk of loss on an investment due to the deterioration of an issuer's financial health.

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

Securities that have longer maturities are subject to greater risks, and are more greatly impacted by market volatility, than a fund investing solely in shorter term securities.

The Fund may invest in US government obligations issued or guaranteed by the US Government, its agencies and instrumentalities, including bills, notes and bonds issued by the US Treasury

The Barclays U.S. Treasury Index is an unmanaged index of U.S. Treasury securities.

The Ryan/NASDAQ U.S. 1-30 Year Treasury Laddered Index is licensed for use by Invesco PowerShares Capital Management LLC in connection with the PowerShares 1-30 Laddered Treasury Portfolio. The Fund is not sponsored or endorsed by NASDAQ OMX Group, Inc., and NASDAQ OMX Group, Inc. 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
3:56 PM EST

PLW

  • Last Trade $30.66
  • Current IIV $30.69
  • Change $0.00
  • % Change 0.00%
as of 04/24/2014
  • NAV at market close $30.66
as of 04/24/2014

Yield

  • SEC 30 Day Yield 2.44%
  • Distribution Yield 2.52%
  • 12 Month Yield 2.37%
  • 30-Day SEC Unsubsidized Yield
    as of 04/23/2014
    N/A
as of 04/24/2014

Closing

  • Closing Price $30.66
  • Bid/Ask Midpoint $30.67
  • Bid/Ask Prem/Disc $0.01
  • Bid/Ask Prem/Disc 0.03%
as of 04/17/2014

Fund Characteristics

  • Effective Duration 10.34 yrs
  • Yield to Maturity 2.70%
  • Yield to Worst 2.70%
  • Years to Maturity 15.50
  • Weighted Avg Coupon 5.00%
  • Weighted Avg Price
    as of 04/23/2014
    119.42

Fund Details

  • Fund Ticker PLW
  • CUSIP # 73936T524
  • ISIN US73936T5240
  • Intraday NAV PLWIV
  • Index Ticker MRTSYA
  • Index Provider NASDAQ OMX Group, Inc.
  • Management Fee 0.25%
  • Total Expense Ratio 0.25%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange NYSE Arca
  • Inception Date 10/11/2007
  • # of Holdings 26
    as of 04/24/2014
as of 04/24/2014

Quick Facts

  • Previous Close $30.66
  • Open $30.54
  • Today's High $30.66
  • Today's Low $30.54
  • Today's Volume 4,592
  • 52 Week High $33.18
  • 52 Week Low $28.67
  • Shares Outstanding 8.20MM
  • Market Value $251.4MM