PowerShares ETFs

PPA - PowerShares Aerospace & Defense Portfolio

Equity - Sector Equity

Product Details

The PowerShares Aerospace & Defense Portfolio (Fund) is based on the SPADE Defense Index (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 a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations. The Fund and the Index are rebalanced and reconstituted quarterly.

as of 03/31/2016

Morningstar Rating

Overall Rating - ETF Industrials Category

As of 03/31/2016 the Fund had an overall rating of 4 stars out of 18 funds and was rated 5 stars out of 18 funds, 4 stars out of 17 funds and 4 stars out of 6 funds for the 3-, 5- and 10- year periods, respectively.

Morningstar details

Source: Morningstar Inc. Ratings are based on a risk-adjusted return measure that accounts for variation in a fund's monthly performance (including the effect of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The overall rating is derived from a weighted average of three-, five- and 10-year rating metrics, as applicable. ©2016 Morningstar Inc. All rights reserved. The information contained herein is proprietary to Morningstar and/or its content providers. It may not be copied or distributed and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance does not guarantee future results. A fund is eligible for a Morningstar Rating three years after inception. The top 10% of funds in a category receive five stars, the next 22.5% four stars, the next 35% three stars, the next 22.5% two stars and the bottom 10% one star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Ratings for other share classes may differ due to different performance characteristics.

as of 04/30/2016 03/31/2016

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
SPADE Defense Index -0.66 -1.67 17.23 13.93 9.30 10.45
S&P Aerospace & Defense Index 0.42 -0.46 17.64 14.54 10.33 11.85
SPADE Defense Index 2.56 4.10 18.39 14.41 9.54 10.70
S&P Aerospace & Defense Index 4.86 7.71 18.88 15.00 10.47 12.21
Fund History (%)
Fund NAV -0.85 -2.32 16.47 13.19 8.59 9.74
After Tax Held -0.92 -2.68 16.12 12.87 8.38 9.54
After Tax Sold -0.48 -1.08 12.93 10.55 7.02 8.04
Fund Market Price -0.93 -2.42 16.50 13.21 8.60 9.75
Fund NAV 2.33 3.43 17.63 13.66 8.84 9.99
After Tax Held 2.26 3.05 17.28 13.34 8.62 9.79
After Tax Sold 1.32 2.18 13.86 10.93 7.22 8.26
Fund Market Price 2.18 3.46 17.65 13.65 8.83 9.99

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 03/31/2016

Growth of $10,000

Data beginning 10 years prior to the ending date of 03/31/2016. 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 05/05/2016

Market Cap & Style Allocations

Large-Cap Value 13.21%
Large-Cap Blend 32.10%
Large-Cap Growth -
Mid-Cap Value 13.46%
Mid-Cap Blend 12.45%
Mid-Cap Growth 11.34%
Small-Cap Value 7.05%
Small-Cap Blend 5.87%
Small-Cap Growth 4.52%

Quality Allocations as of 05/05/2016

S&P Moody's
A : 7% A : 0%

as of 05/05/2016 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
LMT Lockheed Martin Corp 7.05
GD General Dynamics Corp 6.69
HON Honeywell International Inc 6.63
UTX United Technologies Corp 6.63
BA Boeing Co/The 6.51
NOC Northrop Grumman Corp 5.88
RTN Raytheon Co 5.88
LLL L-3 Communications Holdings Inc 4.04
TDG TransDigm Group Inc 3.99
TXT Textron Inc 3.94

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
03/18/2016 03/22/2016 03/31/2016 0.05859 0.05859 - - -
12/18/2015 12/22/2015 12/31/2015 0.26462 0.26462 - - -
09/18/2015 09/22/2015 09/30/2015 0.07203 0.07203 - - -
06/19/2015 06/23/2015 06/30/2015 0.10839 0.10839 - - -
03/20/2015 03/24/2015 03/31/2015 0.05691 0.05691 - - -
12/19/2014 12/23/2014 12/31/2014 0.05403 0.05403 - - -
09/19/2014 09/23/2014 09/30/2014 0.09820 0.09820 - - -
06/20/2014 06/24/2014 06/30/2014 0.06306 0.06306 - - -
12/20/2013 12/24/2013 12/31/2013 0.07974 0.07974 - - -
09/20/2013 09/24/2013 09/30/2013 0.17198 0.17198 - - -
06/21/2013 06/25/2013 06/28/2013 0.13778 0.13778 - - -
03/15/2013 03/19/2013 03/28/2013 0.00000 0.00000 - - -
12/21/2012 12/26/2012 12/31/2012 0.12969 0.12969 - - -
09/21/2012 09/25/2012 09/28/2012 0.18954 0.18954 - - -
06/15/2012 06/19/2012 06/29/2012 0.11327 0.11327 - - -
03/16/2012 03/20/2012 03/30/2012 0.01099 0.01099 - - -
09/16/2011 09/20/2011 09/30/2011 0.09878 0.09878 - - -
06/17/2011 06/21/2011 06/30/2011 0.07828 0.07828 - - -
03/18/2011 03/22/2011 03/31/2011 0.02172 0.02172 - - -
12/17/2010 12/21/2010 12/31/2010 0.05727 0.05727 - - -
09/17/2010 09/21/2010 09/30/2010 0.04628 0.04628 - - -
06/18/2010 06/22/2010 06/30/2010 0.04774 0.04774 - - -
03/19/2010 03/23/2010 03/31/2010 0.00443 0.00443 - - -
12/18/2009 12/22/2009 12/31/2009 0.10428 0.10428 - - -
09/18/2009 09/22/2009 09/30/2009 0.04452 0.04452 - - -
06/19/2009 06/23/2009 06/30/2009 0.05309 0.05309 - - -
12/19/2008 12/23/2008 12/31/2008 0.09021 0.09021 - - -
09/19/2008 09/23/2008 09/30/2008 0.01884 0.01884 - - -
06/20/2008 06/24/2008 06/30/2008 0.03611 0.03611 - - -
12/21/2007 12/26/2007 12/31/2007 0.01399 0.01399 - - -
09/21/2007 09/25/2007 09/28/2007 0.01038 0.01038 - - -
06/15/2007 06/19/2007 06/29/2007 0.01862 0.01862 - - -
03/16/2007 03/20/2007 03/30/2007 0.01223 0.01223 - - -
12/15/2006 12/19/2006 12/29/2006 0.00968 0.00968 - - -
09/15/2006 09/19/2006 09/29/2006 0.02002 0.02002 - - -
06/16/2006 06/20/2006 06/30/2006 0.02120 0.02120 - - -
12/16/2005 12/20/2005 12/30/2005 0.02191 0.02191 - - -

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%
03/31/2016 61 25 1 1 0 0 0
12/31/2015 64 40 0 0 0 0 0
09/30/2015 64 28 0 0 0 0 0
06/30/2015 63 23 0 0 0 0 0
Year Ended 2015 252 135 0 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%
03/31/2016 61 34 0 0 0 0 0
12/31/2015 64 24 0 0 0 0 0
09/30/2015 64 36 0 0 0 0 0
06/30/2015 63 40 0 0 0 0 0
Year Ended 2015 252 116 1 0 0 0 0

Fund Inception: 10/26/2005

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 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, such as aerospace and defense, 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 Fund is non-diversified and may experience greater volatility than a more diversified investment.

The S&P Composite 1500® Aerospace & Defense (S&P Aerospace & Defense) Index consists of all aerospace and defense stocks included in the S&P Composite 1500® Index.

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 SPADE Defense Index is a trademark of ISBC LLC and is licensed for use by Invesco PowerShares Capital Management LLC in connection with the PowerShares Aerospace & Defense Portfolio. ISBC's only relationship to Invesco PowerShares is ISBC's licensing to Invesco PowerShares certain ISBC trademarks, Indexes and trade names, which are composed by ISBC without regard to Invesco PowerShares, this Product or any investor, and ISBC makes no warranty or representation regarding the advisability of purchasing, holding or trading this Product.

as of 05/06/2016
10:28 AM EST

PPA
Intraday Stats

  • Last Trade $36.17
  • Current IIV $36.21
  • Change -$0.09
  • % Change -0.25%
as of 05/05/2016
  • NAV at market close $36.28
as of 05/05/2016

Fund Yield

  • SEC 30 Day Yield 1.09%
  • Distribution Rate 0.65%
  • 12 Month Distribution Rate 1.38%
  • 30-Day SEC Unsubsidized Yield
    as of 05/05/2016
    N/A
as of 05/05/2016

Prior Close

  • Closing Price $36.26
  • Bid/Ask Midpoint $36.27
  • Bid/Ask Prem/Disc -$0.01
  • Bid/Ask Prem/Disc -0.03%
as of 03/31/2016

Fund Characteristics

  • Price/Earnings Ratio1 18.07
  • Price/Book Ratio1 3.51
  • ROE2 30.10%
  • Avg Market Cap2 $31,555MM

1 Weighted Harmonic Average

2 Weighted Average

Fund Details

  • Fund Ticker PPA
  • CUSIP # 73935X690
  • ISIN US73935X6904
  • Intraday NAV PPAIV
  • Index Ticker DXS
  • Index Provider ISBC, LLC
  • Management Fee 0.50%
  • Total Expense Ratio 0.66%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange NYSE Arca
  • Inception Date 10/26/2005
  • # of Holdings 50
    as of 05/05/2016
as of 05/06/2016

Quick Facts

  • Previous Close $36.26
  • Open $36.14
  • Today's High $36.35
  • Today's Low $36.13
  • Today's Volume 5,464
  • 52 Week High $37.08
  • 52 Week Low $15.30
  • Shares Outstanding 8.20MM
  • Market Value $297.5MM