Exchange-Traded Funds (ETFs)

PFM - PowerShares Dividend Achievers Portfolio

Income - Equity Income

Product Details

The PowerShares Dividend AchieversTM Portfolio (Fund) seeks to replicate, before fees and expenses, the NASDAQ US Broad Dividend AchieversTM Index (Index), which is designed to identify a diversified group of dividend-paying companies. The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise Index. These companies have increased their annual dividend for 10 or more consecutive fiscal years. 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 Broad Dividend Achievers Index 1.38 14.61 14.01 19.35 6.32 6.55
S&P 500 Index 1.81 21.86 14.66 21.16 7.42 7.32
Russell 3000 Value Index 2.92 21.65 14.63 21.88 7.62 6.76
Fund History (%)
Fund NAV 1.22 13.95 13.35 18.64 N/A 5.89
After Tax Held 1.06 13.33 12.87 18.17 N/A 5.51
After Tax Sold 0.69 8.21 10.47 15.21 N/A 4.72
Fund Market Price 1.37 13.94 13.37 18.73 N/A 5.90

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 The results assume that no cash was added to or assets withdrawn from the Index.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 04/22/2014

Sector Allocation

as of 04/21/2014

Market Cap & Style Allocations

Large-Cap Growth 15.22%
Large-Cap Value 32.09%
Large-Cap Blend 38.34%
Mid-Cap Growth 2.45%
Mid-Cap Value 4.75%
Mid-Cap Blend 4.99%
Small-Cap Growth 0.19%
Small-Cap Value 1.13%
Small-Cap Blend 0.85%

as of 04/22/2014 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
JNJ Johnson & Johnson 4.20
CVX Chevron Corp 4.15
XOM Exxon Mobil Corp 4.02
WMT Wal-Mart Stores Inc 4.01
PG Procter & Gamble Co/The 3.99
IBM International Business Machines Corp 3.62
T AT&T Inc 3.42
KO Coca-Cola Co/The 3.25
QCOM QUALCOMM Inc 2.47
INTC Intel Corp 2.42

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
03/21/2014 03/25/2014 03/31/2014 0.07134 0.07134 - - -
12/20/2013 12/24/2013 12/31/2013 0.10513 0.10513 - - -
09/20/2013 09/24/2013 09/30/2013 0.08413 0.08413 - - -
06/21/2013 06/25/2013 06/28/2013 0.12028 0.12028 - - -
03/15/2013 03/19/2013 03/28/2013 0.06411 0.06411 - - -
12/21/2012 12/26/2012 12/31/2012 0.12460 0.12460 - - -
09/21/2012 09/25/2012 09/28/2012 0.08585 0.08585 - - -
06/15/2012 06/19/2012 06/29/2012 0.10744 0.10744 - - -
03/16/2012 03/20/2012 03/30/2012 0.06349 0.06349 - - -
12/16/2011 12/20/2011 12/30/2011 0.09292 0.09292 - - -
09/16/2011 09/20/2011 09/30/2011 0.08514 0.08514 - - -
06/17/2011 06/21/2011 06/30/2011 0.09232 0.09232 - - -
03/18/2011 03/22/2011 03/31/2011 0.05465 0.05465 - - -
12/17/2010 12/21/2010 12/31/2010 0.13109 0.13109 - - -
09/17/2010 09/21/2010 09/30/2010 0.07464 0.07464 - - -
06/18/2010 06/22/2010 06/30/2010 0.04596 0.04596 - - -
03/19/2010 03/23/2010 03/31/2010 0.02739 0.02739 - - -
12/18/2009 12/22/2009 12/31/2009 0.11114 0.11114 - - -
09/18/2009 09/22/2009 09/30/2009 0.06217 0.06217 - - -
06/19/2009 06/23/2009 06/30/2009 0.11509 0.11509 - - -
03/20/2009 03/24/2009 03/31/2009 0.00896 0.00896 - - -
12/19/2008 12/23/2008 12/31/2008 0.08349 0.08349 - - -
09/19/2008 09/23/2008 09/30/2008 0.09576 0.09576 - - -
06/20/2008 06/24/2008 06/30/2008 0.10146 0.10146 - - -
03/20/2008 03/25/2008 03/31/2008 0.07949 0.07949 - - -
12/21/2007 12/26/2007 12/31/2007 0.11379 0.11379 - - -
09/21/2007 09/25/2007 09/28/2007 0.08586 0.08586 - - -
06/15/2007 06/19/2007 06/29/2007 0.05524 0.05524 - - -
03/16/2007 03/20/2007 03/30/2007 0.07520 0.07520 - - -
12/15/2006 12/19/2006 12/29/2006 0.11050 0.11050 - - -
09/15/2006 09/19/2006 09/29/2006 0.05029 0.05029 - - -
06/16/2006 06/20/2006 06/30/2006 0.07671 0.07671 - - -
03/17/2006 03/21/2006 03/31/2006 0.07660 0.07660 - - -
12/16/2005 12/20/2005 12/30/2005 0.08740 0.08740 - - -

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 1 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: 09/15/2005

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.

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

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.

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.

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

The S&P 500® Index and the Russell 3000® Value Index are unmanaged indexes considered representative of the U.S. stock market and U.S. value stocks, respectively. The Russell 3000® Value 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 NASDAQ US Broad Dividend Achievers 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 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 04/22/2014
3:57 PM EST

PFM

  • Last Trade $20.42
  • Current IIV $20.40
  • Change $0.01
  • % Change 0.05%
as of 04/22/2014
  • NAV at market close $20.40
as of 04/22/2014

Yield

  • SEC 30 Day Yield 2.15%
  • Distribution Yield 1.40%
  • 12 Month Yield 1.87%
  • 30-Day SEC Unsubsidized Yield
    as of 04/17/2014
    N/A
as of 04/22/2014

Closing

  • Closing Price $20.41
  • Bid/Ask Midpoint $20.41
  • Bid/Ask Prem/Disc $0.01
  • Bid/Ask Prem/Disc 0.05%
as of 03/31/2014

Fund Characteristics

  • Price/Earnings Ratio1 16.95
  • Price/Book Ratio1 2.96
  • ROE2 23.901%
  • Avg Market Cap2 $110,074MM

1 Weighted Harmonic Average

2 Weighted Average

Fund Details

  • Fund Ticker PFM
  • CUSIP # 73935X732
  • ISIN US73935X7324
  • Intraday NAV PFMIV
  • Index Ticker DAATR
  • Index Provider NASDAQ OMX Group, Inc.
  • Management Fee 0.40%
  • Total Expense Ratio 0.58%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange NYSE Arca
  • Inception Date 09/15/2005
  • # of Holdings 239
    as of 04/22/2014
as of 04/22/2014

Quick Facts

  • Previous Close $20.41
  • Open $20.38
  • Today's High $20.45
  • Today's Low $20.38
  • Today's Volume 20,516
  • 52 Week High $20.45
  • 52 Week Low $17.56
  • Shares Outstanding 17.15MM
  • Market Value $349.9MM