Exchange-Traded Funds (ETFs)

PEY - PowerShares High Yield Equity Dividend Achievers Portfolio

Income - Equity Income

Product Details

The PowerShares High Yield Equity Dividend Achievers Portfolio (Fund) is based on the NASDAQ US Dividend AchieversTM 50 Index (Index). The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends. The Fund and the Index are reconstituted annually in March and rebalanced quarterly in March, June, September and December.

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 US Dividend Achievers 50 Index 3.80 19.90 16.15 23.73 N/A 2.59
Dow Jones U.S. Select Dividend Index 3.75 19.79 16.44 23.32 7.34 6.77
S&P 500 Value Index 2.26 20.54 13.96 21.32 6.94 6.47
S&P 500 Index 1.81 21.86 14.66 21.16 7.42 7.22
Fund History (%)
Fund NAV 3.63 19.36 15.50 23.00 N/A 2.16
After Tax Held 3.22 18.14 14.60 22.12 N/A 1.47
After Tax Sold 2.05 11.46 12.14 18.92 N/A 1.75
Fund Market Price 3.71 19.35 15.53 23.11 N/A 2.17

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. 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 The results assume that no cash was added to or assets withdrawn from the Index.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 04/15/2014

Sector Allocation

as of 04/11/2014

Market Cap & Style Allocations

Large-Cap Growth 1.83%
Large-Cap Value 20.15%
Large-Cap Blend 16.12%
Mid-Cap Value 14.12%
Mid-Cap Blend 11.54%
Small-Cap Value 27.85%
Small-Cap Blend 8.39%

as of 04/15/2014 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
VGR Vector Group Ltd 4.06
T AT&T Inc 3.37
ORI Old Republic International Corp 3.19
MCY Mercury General Corp 2.91
MO Altria Group Inc 2.85
PBCT People's United Financial Inc 2.56
SO Southern Co/The 2.51
COP ConocoPhillips 2.40
PPL PPL Corp 2.29
UBSI United Bankshares Inc/WV 2.28

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 0.03700 0.03700 - - -
03/14/2014 03/18/2014 03/31/2014 0.03600 0.03600 - - -
02/14/2014 02/19/2014 02/28/2014 0.03600 0.03600 - - -
01/15/2014 01/17/2014 01/31/2014 0.03400 0.03400 - - -
12/13/2013 12/17/2013 12/31/2013 0.03373 0.03373 - - -
11/15/2013 11/19/2013 11/29/2013 0.03394 0.03394 - - -
10/15/2013 10/17/2013 10/31/2013 0.03425 0.03425 - - -
09/13/2013 09/17/2013 09/30/2013 0.03329 0.03329 - - -
08/15/2013 08/19/2013 08/30/2013 0.03342 0.03342 - - -
07/15/2013 07/17/2013 07/31/2013 0.03317 0.03317 - - -
06/14/2013 06/18/2013 06/28/2013 0.03376 0.03376 - - -
05/15/2013 05/17/2013 05/31/2013 0.03318 0.03318 - - -
04/15/2013 04/17/2013 04/30/2013 0.02996 0.02996 - - -
03/15/2013 03/19/2013 03/28/2013 0.02717 0.02717 - - -
02/15/2013 02/20/2013 02/28/2013 0.03258 0.03258 - - -
01/15/2013 01/17/2013 01/31/2013 0.02999 0.02999 - - -
12/14/2012 12/18/2012 12/31/2012 0.06454 0.06454 - - -
11/15/2012 11/19/2012 11/30/2012 0.03539 0.03539 - - -
10/15/2012 10/17/2012 10/31/2012 0.03475 0.03475 - - -
09/14/2012 09/18/2012 09/28/2012 0.03398 0.03398 - - -
08/15/2012 08/17/2012 08/31/2012 0.03424 0.03424 - - -
07/13/2012 07/17/2012 07/31/2012 0.03151 0.03151 - - -
06/15/2012 06/19/2012 06/29/2012 0.03120 0.03120 - - -
05/15/2012 05/17/2012 05/31/2012 0.03101 0.03101 - - -
04/13/2012 04/17/2012 04/30/2012 0.02042 0.02042 - - -
03/15/2012 03/19/2012 03/30/2012 0.03089 0.03089 - - -
02/15/2012 02/17/2012 02/29/2012 0.03086 0.03086 - - -
01/13/2012 01/18/2012 01/31/2012 0.02886 0.02886 - - -
12/15/2011 12/19/2011 12/30/2011 0.03511 0.03511 - - -
11/15/2011 11/17/2011 11/30/2011 0.02928 0.02928 - - -
10/14/2011 10/18/2011 10/31/2011 0.02779 0.02779 - - -
09/15/2011 09/19/2011 09/30/2011 0.02772 0.02772 - - -
08/15/2011 08/17/2011 08/31/2011 0.02802 0.02802 - - -
07/15/2011 07/19/2011 07/29/2011 0.02764 0.02764 - - -
06/15/2011 06/17/2011 06/30/2011 0.02777 0.02777 - - -
05/13/2011 05/17/2011 05/31/2011 0.02794 0.02794 - - -
04/15/2011 04/19/2011 04/29/2011 0.02748 0.02748 - - -
03/15/2011 03/17/2011 03/31/2011 0.02787 0.02787 - - -
02/15/2011 02/17/2011 02/28/2011 0.02717 0.02717 - - -
01/14/2011 01/19/2011 01/31/2011 0.02849 0.02849 - - -
12/15/2010 12/17/2010 12/31/2010 0.04822 0.04822 - - -
11/15/2010 11/17/2010 11/30/2010 0.02796 0.02796 - - -
10/15/2010 10/19/2010 10/29/2010 0.02883 0.02883 - - -
09/15/2010 09/17/2010 09/30/2010 0.02814 0.02814 - - -
08/13/2010 08/17/2010 08/31/2010 0.02798 0.02798 - - -
07/15/2010 07/19/2010 07/30/2010 0.02791 0.02791 - - -
06/15/2010 06/17/2010 06/30/2010 0.02576 0.02576 - - -
05/14/2010 05/18/2010 05/28/2010 0.02673 0.02673 - - -
04/15/2010 04/19/2010 04/30/2010 0.02579 0.02579 - - -
03/15/2010 03/17/2010 03/31/2010 0.02678 0.02678 - - -
02/12/2010 02/17/2010 02/26/2010 0.02873 0.02873 - - -
01/15/2010 01/20/2010 01/29/2010 0.02841 0.02841 - - -
12/15/2009 12/17/2009 12/31/2009 0.04814 0.04814 - - -
11/13/2009 11/17/2009 11/30/2009 0.03891 0.03891 - - -
10/15/2009 10/19/2009 10/30/2009 0.03611 0.03611 - - -
09/15/2009 09/17/2009 09/30/2009 0.01997 0.01997 - - -
08/14/2009 08/18/2009 08/31/2009 0.02475 0.02475 - - -
07/15/2009 07/17/2009 07/31/2009 0.02353 0.02353 - - -
06/15/2009 06/17/2009 06/30/2009 0.02290 0.02290 - - -
05/15/2009 05/19/2009 05/29/2009 0.02212 0.02212 - - -
04/15/2009 04/17/2009 04/30/2009 0.02095 0.02095 - - -
03/13/2009 03/17/2009 03/31/2009 0.02501 0.02501 - - -
02/13/2009 02/18/2009 02/27/2009 0.03112 0.03112 - - -
01/15/2009 01/20/2009 01/30/2009 0.03395 0.03395 - - -
12/15/2008 12/17/2008 12/31/2008 0.05012 0.05012 - - -
10/15/2008 10/17/2008 10/31/2008 0.03409 0.03409 - - -
09/15/2008 09/17/2008 09/30/2008 0.03750 0.03750 - - -
08/15/2008 08/19/2008 08/29/2008 0.04688 0.04688 - - -
07/15/2008 07/17/2008 07/31/2008 0.04150 0.04150 - - -
06/13/2008 06/17/2008 06/30/2008 0.04200 0.04200 - - -
05/15/2008 05/19/2008 05/30/2008 0.05002 0.05002 - - -
04/15/2008 04/17/2008 04/30/2008 0.05055 0.05055 - - -
03/14/2008 03/18/2008 03/31/2008 0.05074 0.05074 - - -
02/15/2008 02/19/2008 02/29/2008 0.05235 0.05235 - - -
01/15/2008 01/17/2008 01/31/2008 0.05020 0.05020 - - -
12/14/2007 12/18/2007 12/31/2007 0.09772 0.09772 - - -
11/15/2007 11/19/2007 11/30/2007 0.05103 0.05103 - - -
10/15/2007 10/17/2007 10/31/2007 0.05059 0.05059 - - -
09/14/2007 09/18/2007 09/28/2007 0.05180 0.05180 - - -
08/15/2007 08/17/2007 08/31/2007 0.05006 0.05006 - - -
07/13/2007 07/17/2007 07/31/2007 0.05003 0.05003 - - -
06/15/2007 06/19/2007 06/29/2007 0.05005 0.05005 - - -
05/15/2007 05/17/2007 05/31/2007 0.05007 0.05007 - - -
04/13/2007 04/17/2007 04/30/2007 0.05003 0.05003 - - -
03/15/2007 03/19/2007 03/30/2007 0.05020 0.05020 - - -
02/15/2007 02/20/2007 02/28/2007 0.05006 0.05006 - - -
01/12/2007 01/16/2007 01/31/2007 0.05012 0.05012 - - -
12/15/2006 12/19/2006 12/29/2006 0.06648 0.06648 - - -
11/15/2006 11/17/2006 11/30/2006 0.05501 0.05501 - - -
10/13/2006 10/17/2006 10/31/2006 0.05529 0.05529 - - -
09/15/2006 09/19/2006 09/29/2006 0.05518 0.05518 - - -
08/15/2006 08/17/2006 08/31/2006 0.05512 0.05512 - - -
07/14/2006 07/18/2006 07/31/2006 0.05523 0.05523 - - -
06/15/2006 06/19/2006 06/30/2006 0.04512 0.04512 - - -
05/15/2006 05/17/2006 05/31/2006 0.03950 0.03950 - - -
03/17/2006 03/21/2006 03/31/2006 0.12300 0.12300 - - -
12/16/2005 12/20/2005 12/30/2005 0.11320 0.11320 - - -
09/16/2005 09/20/2005 09/30/2005 0.11490 0.11490 - - -
06/17/2005 06/21/2005 06/30/2005 0.12828 0.12828 - - -
04/01/2005 04/05/2005 04/29/2005 0.03688 0.03688 - - -
03/18/2005 03/22/2005 04/29/2005 0.09700 0.09700 - - -
12/31/2004 01/04/2005 01/31/2005 0.00859 0.00859 - - -
12/17/2004 12/21/2004 01/31/2005 0.02742 0.02742 - - -

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

Fund Inception: 12/09/2004

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.

Securities that pay high dividends as a group can fall out of favor with the market, causing such companies to underperform companies that do not pay high dividends.

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.

Securities lending involves a risk of loss because the borrower may fail to return the securities in a timely manner or at all. If a Fund is unable to recover the securities loaned, it may sell the collateral and purchase a replacement security in the market. Lending securities entails a risk of loss to the Funds if and to the extent that the market value of the loaned securities increases and the collateral is not increased accordingly.

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

The Dow Jones U.S. Select Dividend Index measures 100 leading U.S. dividend-paying companies. The S&P 500® Value Index and the S&P 500® Index are unmanaged indexes considered representative of U.S. value stocks and the U.S. stock market, respectively.

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 NASDAQ Dividend Achievers 50 Index is a trademark of NASDAQ OMX Group, Inc. and is licensed for use by Invesco PowerShares Capital Management LLC in connection with the PowerShares High Yield Equity Dividend Achievers 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.

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 04/15/2014
3:59 PM EST

PEY

  • Last Trade $12.16
  • Current IIV $12.19
  • Change $0.05
  • % Change 0.41%
as of 04/15/2014
  • NAV at market close $12.15
as of 04/15/2014

Yield

  • SEC 30 Day Yield 3.41%
  • Distribution Yield 3.65%
  • 12 Month Yield 3.39%
  • 30-Day SEC Unsubsidized Yield
    as of 04/14/2014
    3.42%
as of 04/15/2014

Closing

  • Closing Price $12.11
  • Bid/Ask Midpoint $12.16
  • Bid/Ask Prem/Disc $0.01
  • Bid/Ask Prem/Disc 0.08%
as of 03/31/2014

Fund Characteristics

  • Price/Earnings Ratio1 18.44
  • Price/Book Ratio1 2.13
  • ROE2 21.221%
  • Avg Market Cap2 $37,367MM

1 Weighted Harmonic Average

2 Weighted Average

Fund Details

  • Fund Ticker PEY
  • CUSIP # 73935X302
  • ISIN US73935X3026
  • Intraday NAV PEYIV
  • Index Ticker DAYTR
  • Index Provider NASDAQ OMX Group, Inc.
  • Management Fee 0.40%
  • Total Expense Ratio 0.57%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange NYSE Arca
  • Inception Date 12/09/2004
  • # of Holdings 50
    as of 04/15/2014
as of 04/15/2014

Quick Facts

  • Previous Close $12.11
  • Open $12.12
  • Today's High $12.17
  • Today's Low $12.03
  • Today's Volume 165,251
  • 52 Week High $12.96
  • 52 Week Low $10.34
  • Shares Outstanding 31.55MM
  • Market Value $383.4MM