Exchange-Traded Funds (ETFs)

PSR - PowerShares Active U.S. Real Estate Fund

Access - Active

Product Details

The PowerShares Active U.S. Real Estate Fund (Fund) structures and selects its investments primarily from a universe of securities that are included within the FTSE NAREIT All Equity REITs Index at the time of purchase. The selection methodology uses quantitative and statistical metrics to identify attractively priced securities and manage risk. The Fund will invest principally in equity real estate investment trusts (REITs). Portfolio management generally conducts a security and portfolio evaluation monthly.

as of 12/31/2014 12/31/2014

Performance


   
as of 12/31/2014 12/31/2014
  YTD 1 Year 3 Year 5 Year 10 Year Fund Inception
Index History (%)
FTSE NAREIT All Equity REITs Index 28.03 28.03 16.38 16.91 N/A 26.89
Fund History (%)
Fund NAV 30.10 30.10 15.10 16.45 N/A 25.74
After Tax Held 29.35 29.35 14.36 15.75 N/A 24.90
After Tax Sold 17.01 17.01 11.49 12.95 N/A 21.23
Fund Market Price 30.54 30.54 15.13 16.49 N/A 25.90

Monthly Performance

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 12/31/2014

Growth of $10,000

Data beginning Fund inception and ending 12/31/2014. 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 The results assume that no cash was added to or assets withdrawn from the Index.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 03/26/2015

Market Cap & Style Allocations

Large-Cap Value 4.87%
Large-Cap Blend 22.97%
Large-Cap Growth 18.76%
Mid-Cap Value 13.51%
Mid-Cap Blend 16.15%
Mid-Cap Growth 5.16%
Small-Cap Value 1.39%
Small-Cap Blend 13.52%
Small-Cap Growth 3.67%
as of 03/30/2015

SubSector Allocations

SubSector Percent of Fund
Retail REIT's 26.29%
Specialized REIT's 17.41%
Residential REIT's 14.78%
Office REIT's 12.41%
Health Care REIT's 11.24%
Hotel & Resort REIT's 9.33%
Industrial REIT's 5.27%
Diversified REIT's 3.26%

as of 03/30/2015 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
SPG Simon Property Group Inc 9.41
AVB AvalonBay Communities Inc 5.77
CCI Crown Castle International Corp 5.14
EQR Equity Residential 4.91
PLD Prologis Inc 4.64
PSA Public Storage 4.02
NNN National Retail Properties Inc 3.75
TCO Taubman Centers Inc 3.60
FRT Federal Realty Investment Trust 3.29
WY Weyerhaeuser Co 3.07

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
03/20/2015 03/24/2015 03/31/2015 0.19626 0.19626 - - -
12/19/2014 12/23/2014 12/31/2014 0.60124 0.60124 - - -
09/19/2014 09/23/2014 09/30/2014 0.01341 0.01341 - - -
06/20/2014 06/24/2014 06/30/2014 0.17904 0.17904 - - -
03/21/2014 03/25/2014 03/31/2014 0.13068 0.13068 - - -
12/20/2013 12/24/2013 12/31/2013 0.59296 0.59296 - - -
09/20/2013 09/24/2013 09/30/2013 0.05123 0.05123 - - -
06/21/2013 06/25/2013 06/28/2013 0.19775 0.19775 - - -
03/15/2013 03/19/2013 03/28/2013 0.04461 0.04461 - - -
12/21/2012 12/26/2012 12/31/2012 0.49602 0.49602 - - -
09/21/2012 09/25/2012 09/28/2012 0.10008 0.10008 - - -
06/15/2012 06/19/2012 06/29/2012 0.23190 0.23190 - - -
03/16/2012 03/20/2012 03/30/2012 0.30332 0.30332 - - -
12/27/2011 12/29/2011 12/30/2011 0.08010 0.00000 - 0.08010 -
12/16/2011 12/20/2011 12/30/2011 0.20190 0.20190 - - -
09/16/2011 09/20/2011 09/30/2011 0.14203 0.14203 - - -
12/17/2010 12/21/2010 12/31/2010 0.65216 0.65216 - - -
09/17/2010 09/21/2010 09/30/2010 0.12075 0.12075 - - -
06/18/2010 06/22/2010 06/30/2010 0.10280 0.10280 - - -
03/19/2010 03/23/2010 03/31/2010 0.08876 0.08876 - - -
12/18/2009 12/22/2009 12/31/2009 0.40463 0.40463 - - -
09/18/2009 09/22/2009 09/30/2009 0.08751 0.08751 - - -
06/19/2009 06/23/2009 06/30/2009 0.08500 0.08500 - - -
03/20/2009 03/24/2009 03/31/2009 0.05772 0.05772 - - -
12/19/2008 12/23/2008 12/31/2008 0.35238 0.35238 - - -

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%
12/31/2014 64 0 0 0 0 0 0
09/30/2014 64 0 0 0 0 0 0
06/30/2014 63 0 0 0 0 0 0
03/31/2014 61 0 0 0 0 1 0
Year Ended 2014 252 0 0 0 0 1 0

Fund Inception: 11/20/2008

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. Actively managed ETFs do not necessarily seek to replicate the performance of a specified index. Actively managed ETFs are subject to risks similar to stocks, including those related to short selling and margin maintenance. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Index.

The Fund is subject to management risk because it is an actively managed portfolio. There can be no guarantee that the investment techniques and risk analyses used by the Subadviser or portfolio managers will produce the desired results.

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

Although the Fund will not invest in real estate directly, the REITs in which the Fund will invest will be subject to risks inherent in the direct ownership of real estate.

Investments in real estate related instruments may be affected by economic, legal, cultural, environment or technological factors that affect the property values, rents or occupancies of real estate related to the Fund's holdings.

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

The FTSE NAREIT All Equity REITs Index is an unmanaged index considered representative of U.S. REITs (real estate investment trusts).

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

Invesco Advisers, Inc. is the investment sub-adviser; it provides investment sub-advisory services to individual and institutional clients and does not sell securities. Invesco Advisers, Inc. is an indirect, wholly owned subsidiary of Invesco Ltd.

as of 03/30/2015
3:03 PM EST

PSR
Intraday Stats

  • Last Trade $75.72
  • Current IIV $75.87
  • Change $1.08
  • % Change 1.45%
as of 03/30/2015
  • NAV at market close $75.87
as of 03/30/2015

Fund Yield

  • SEC 30 Day Yield 2.40%
  • Distribution Yield 1.03%
  • 12 Month Yield 1.30%
  • 30-Day SEC Unsubsidized Yield
    as of 03/27/2015
    2.43%
as of 03/30/2015

Prior Close

  • Closing Price $74.64
  • Bid/Ask Midpoint $74.89
  • Bid/Ask Prem/Disc -$0.98
  • Bid/Ask Prem/Disc -1.29%
as of 12/31/2014

Fund Characteristics

  • Price/Earnings Ratio1 47.89
  • Price/Book Ratio1 2.69
  • ROE2 7.48%
  • Avg Market Cap2 $18,306MM

1 Weighted Harmonic Average

2 Weighted Average

Fund Details

  • Fund Ticker PSR
  • CUSIP # 73935B508
  • ISIN US73935B5084
  • Intraday NAV PSRIV
  • Management Fee 0.80%
  • Total Expense Ratio 0.80%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange NYSE Arca
  • Inception Date 11/20/2008
  • # of Holdings 50
    as of 03/30/2015
as of 03/30/2015

Quick Facts

  • Previous Close $74.64
  • Open $75.40
  • Today's High $75.72
  • Today's Low $75.36
  • Today's Volume 1,510
  • 52 Week High $79.54
  • 52 Week Low $58.82
  • Shares Outstanding .70MM
  • Market Value $53.1MM