Exchange-Traded Funds (ETFs)

SPHD - PowerShares S&P 500 High Dividend Portfolio

Income - Equity Income

Product Details

The PowerShares S&P 500® High Dividend Portfolio (the "Fund") seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500 Low Volatility High Dividend Index (the "Underlying Index"). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Underlying Index. Standard & Poor's® compiles, maintains and calculates the Underlying Index, which is composed of 50 securities traded on the S&P 500 Index that historically have provided high dividend yields and low volatility. The Fund and the Index are rebalanced and reconstituted semi-annually, in January and July.

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 (%)
S&P 500 Low Volatility High Dividend Index 4.91 12.09 N/A N/A N/A 14.83
S&P 500 Index 1.81 21.86 14.66 21.16 7.42 21.45
Fund History (%)
Fund NAV 4.79 11.73 N/A N/A N/A 14.48
After Tax Held 4.36 10.54 N/A N/A N/A 13.33
After Tax Sold 2.70 7.16 N/A N/A N/A 10.91
Fund Market Price 4.90 11.60 N/A N/A N/A 14.45

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. 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 The results assume that no cash was added to or assets withdrawn from the Index.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 3.54%
Large-Cap Value 37.23%
Large-Cap Blend 20.87%
Mid-Cap Value 24.88%
Mid-Cap Blend 13.48%

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

Fund Holdings subject to change

Ticker Company % of Fund
EXC Exelon Corp 3.07
FE FirstEnergy Corp 3.02
HCN Health Care REIT Inc 2.99
POM Pepco Holdings Inc 2.92
ETR Entergy Corp 2.77
DO Diamond Offshore Drilling Inc 2.64
RAI Reynolds American Inc 2.62
T AT&T Inc 2.61
TEG Integrys Energy Group Inc 2.59
TE TECO Energy Inc 2.48

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 0.08890 0.08890 - - -
03/14/2014 03/18/2014 03/31/2014 0.09153 0.09153 - - -
02/14/2014 02/19/2014 02/28/2014 0.08842 0.08842 - - -
01/15/2014 01/17/2014 01/31/2014 0.08805 0.08805 - - -
12/24/2013 12/27/2013 12/30/2013 0.01818 0.01818 - - -
12/13/2013 12/17/2013 12/31/2013 0.10400 0.10400 - - -
11/15/2013 11/19/2013 11/29/2013 0.08654 0.08654 - - -
10/15/2013 10/17/2013 10/31/2013 0.08960 0.08960 - - -
09/13/2013 09/17/2013 09/30/2013 0.08729 0.08729 - - -
08/15/2013 08/19/2013 08/30/2013 0.07826 0.07826 - - -
07/15/2013 07/17/2013 07/31/2013 0.08063 0.08063 - - -
06/14/2013 06/18/2013 06/28/2013 0.07807 0.07807 - - -
05/15/2013 05/17/2013 05/31/2013 0.07496 0.07496 - - -
04/15/2013 04/17/2013 04/30/2013 0.07727 0.07727 - - -
03/15/2013 03/19/2013 03/28/2013 0.07680 0.07680 - - -
02/15/2013 02/20/2013 02/28/2013 0.10193 0.10193 - - -
01/15/2013 01/17/2013 01/31/2013 0.08988 0.08988 - - -
12/14/2012 12/18/2012 12/31/2012 0.12217 0.12217 - - -
11/15/2012 11/19/2012 11/30/2012 0.10353 0.10353 - - -

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: 10/18/2012

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 considered non-diversified and may be subject to greater risks than a diversified fund.

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.

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 S&P 500® Index is an unmanaged index considered representative of the US stock market.

Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("Standard & Poor's") and have been licensed for use by the Adviser. The Fund is not sponsored, endorsed, sold or promoted by Standard & Poor's or its Affiliates, and Standard & Poor's and its Affiliates make no representation, warranty or condition regarding the advisability of buying, selling or holding shares of the Fund.

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

SPHD

  • Last Trade $29.91
  • Current IIV $29.87
  • Change -$0.04
  • % Change -0.14%
as of 04/17/2014
  • NAV at market close $29.87
as of 04/17/2014

Yield

  • SEC 30 Day Yield 3.58%
  • Distribution Yield 3.57%
  • 12 Month Yield 3.38%
  • 30-Day SEC Unsubsidized Yield
    as of 04/17/2014
    N/A
as of 04/17/2014

Closing

  • Closing Price $29.95
  • Bid/Ask Midpoint $29.90
  • Bid/Ask Prem/Disc $0.03
  • Bid/Ask Prem/Disc 0.10%
as of 03/31/2014

Fund Characteristics

  • Price/Earnings Ratio1 17.15
  • Price/Book Ratio1 2.23
  • ROE2 16.774%
  • Avg Market Cap2 $48,873MM

1 Weighted Harmonic Average

2 Weighted Average

Fund Details

  • Fund Ticker SPHD
  • CUSIP # 73937B654
  • ISIN US73937B6544
  • Intraday NAV SPHDIV
  • Index Ticker SP5LVHDT
  • Index Provider S&P Dow Jones Indices LLC
  • Management Fee 0.30%
  • Total Expense Ratio 0.30%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange NYSE Arca
  • Inception Date 10/18/2012
  • # of Holdings 50
    as of 04/17/2014
as of 04/17/2014

Quick Facts

  • Previous Close $29.95
  • Open $29.88
  • Today's High $29.93
  • Today's Low $29.84
  • Today's Volume 18,620
  • 52 Week High $30.71
  • 52 Week Low $26.60
  • Shares Outstanding 5.30MM
  • Market Value $158.3MM