Exchange-Traded Funds (ETFs)

PDP - PowerShares DWA Momentum Portfolio

Factor Driven - Broad-Based Momentum

Product Details

The PowerShares DWA Momentum Portfolio (Fund) is based on the Dorsey Wright Technical Leaders™ Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and ADRs based on the securities in the Index. The Index includes approximately 100 US-listed companies from a broad mid- and large-capitalization universe. The Index is constructed pursuant to Dorsey, Wright & Associates, LLC's proprietary methodology, which takes into account, among other factors, the performance of each of the 3,000 largest US-listed companies as compared to a benchmark index, and the relative performance of industry sectors and sub-sectors. The Fund and the Index are rebalanced and reconstituted quarterly.

Effective on or about Oct. 4, 2013, the name of the Fund changed from PowerShares DWA Technical Leaders Portfolio to PowerShares DWA Momentum Portfolio.

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 (%)
Dorsey Wright Technical Leaders Index 1.60 20.63 13.41 23.48 N/A 6.66
S&P 500 Growth Index 1.39 23.12 15.39 21.10 7.84 8.31
Russell 3000 Growth Index 1.07 23.53 14.53 21.94 7.95 8.30
S&P 500 Index 1.81 21.86 14.66 21.16 7.42 6.44
Fund History (%)
Fund NAV 1.64 20.94 13.82 23.79 N/A 6.83
After Tax Held 1.64 20.85 13.73 23.70 N/A 6.76
After Tax Sold 0.93 11.91 10.84 19.66 N/A 5.43
Fund Market Price 1.66 20.86 13.77 23.88 N/A 6.79

Monthly Standardized Report

Underlying Index returns shown are price return.

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.

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 04/17/2014

Sector Allocation

as of 04/17/2014

Market Cap & Style Allocations

Large-Cap Growth 35.95%
Large-Cap Value 2.11%
Large-Cap Blend 6.22%
Mid-Cap Growth 28.25%
Mid-Cap Value 6.47%
Mid-Cap Blend 21.00%

as of 04/17/2014 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
JAZZ Jazz Pharmaceuticals Plc 2.99
AAPL Apple Inc 2.86
STRZA Starz 2.75
PCLN Priceline Group Inc/The 2.73
GILD Gilead Sciences Inc 2.55
ORLY O'Reilly Automotive Inc 2.44
ALXN Alexion Pharmaceuticals Inc 2.34
TRW TRW Automotive Holdings Corp 2.30
ARG Airgas Inc 2.22
REGN Regeneron Pharmaceuticals Inc 2.09

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 0.02495 0.02495 - - -
09/20/2013 09/24/2013 09/30/2013 0.03400 0.03400 - - -
06/21/2013 06/25/2013 06/28/2013 0.04549 0.04549 - - -
03/15/2013 03/19/2013 03/28/2013 0.00000 0.00000 - - -
12/21/2012 12/26/2012 12/31/2012 0.17459 0.17459 - - -
09/21/2012 09/25/2012 09/28/2012 0.01761 0.01761 - - -
06/15/2012 06/19/2012 06/29/2012 0.04453 0.04453 - - -
03/16/2012 03/20/2012 03/30/2012 0.00000 0.00000 - - -
12/16/2011 12/20/2011 12/30/2011 0.02184 0.02184 - - -
09/16/2011 09/20/2011 09/30/2011 0.01721 0.01721 - - -
12/17/2010 12/21/2010 12/31/2010 0.03748 0.03748 - - -
06/18/2010 06/22/2010 06/30/2010 0.01811 0.01811 - - -
12/18/2009 12/22/2009 12/31/2009 0.00737 0.00737 - - -
09/18/2009 09/22/2009 09/30/2009 0.01795 0.01795 - - -
06/19/2009 06/23/2009 06/30/2009 0.07532 0.07532 - - -
12/19/2008 12/23/2008 12/31/2008 0.03920 0.03920 - - -
09/21/2007 09/25/2007 09/28/2007 0.02466 0.02466 - - -

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: 03/01/2007

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.

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.

Investments focused in a particular industry are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

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

The S&P 500® Growth Index and the Russell 3000® Growth Index are unmanaged indexes considered representative of U.S. growth stocks. The S&P 500® Index is an unmanaged index considered representative of the U.S. stock market. The Russell 3000® Growth Index is a trademark/service mark of the Frank Russell Co. Russell® is a trademark of the Frank Russell Co.

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 Technical Leaders™ Ranking System is a trademark of Dorsey, Wright & Associates, LLC that is licensed to Invesco PowerShares Capital Management LLC. This product is not sponsored, recommended, sold or promoted by Dorsey, Wright & Associates, LLC or any of its affiliates.

Beta is a measure of risk representing how a security is expected to respond to general market movements. Smart Beta represents an alternative and selection index based methodology that seeks to outperform a benchmark or reduce portfolio risk, or both. Smart beta funds may underperform cap-weighted benchmarks and increase portfolio risk.

as of 04/17/2014
3:59 PM EST

PDP

  • Last Trade $36.67
  • Current IIV $36.68
  • Change $0.11
  • % Change 0.30%
as of 04/17/2014
  • NAV at market close $36.68
as of 04/17/2014

Yield

  • SEC 30 Day Yield 0.09%
  • 12 Month Yield 0.28%
  • 30-Day SEC Unsubsidized Yield
    as of 04/17/2014
    N/A
as of 04/17/2014

Closing

  • Closing Price $36.56
  • Bid/Ask Midpoint $36.70
  • Bid/Ask Prem/Disc $0.02
  • Bid/Ask Prem/Disc 0.05%
as of 03/31/2014

Fund Characteristics

  • Price/Earnings Ratio1 22.53
  • Price/Book Ratio1 2.07
  • ROE2 28.46%
  • Avg Market Cap2 $35,257MM

1 Weighted Harmonic Average

2 Weighted Average

Fund Details

  • Fund Ticker PDP
  • CUSIP # 73935X153
  • ISIN US73935X1533
  • Intraday NAV PDPIV
  • Index Ticker DWTL
  • Index Provider Dorsey, Wright & Associates, LLC
  • Management Fee 0.50%
  • Acquired Fund Fees & Expenses 0.07%
  • Total Expense Ratio 0.74%
  • Marginable Yes
  • Short Selling Yes
  • Options Yes
  • Exchange NYSE Arca
  • Inception Date 03/01/2007
  • # of Holdings 100
    as of 04/17/2014
as of 04/17/2014

Quick Facts

  • Previous Close $36.56
  • Open $36.56
  • Today's High $36.91
  • Today's Low $36.53
  • Today's Volume 156,708
  • 52 Week High $38.56
  • 52 Week Low $29.98
  • Shares Outstanding 34.20MM
  • Market Value $1,254.4MM