PowerShares ETFs

DWTR - PowerShares DWA Tactical Sector Rotation Portfolio

Equity - US Equity

Product Details

The PowerShares DWA Tactical Sector Rotation Portfolio (the "Fund") is based on the Dorsey Wright® Sector 4 Index (Index). The Fund generally will invest at least 90% of its total assets in securities that comprise the Index. The Fund is a "fund of funds," meaning that it invests its assets in the shares of other, underlying exchange-traded funds eligible for inclusion in the Index, rather than in securities of individual companies. The Index is designed to gain exposure to the strongest relative strength sectors in the US through the universe of nine PowerShares DWA sector Momentum ETFs. The Fund and the Index are evaluated monthly for potential rebalance and reconstitution.

as of 05/31/2017 03/31/2017

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
Dorsey Wright Sector 4 Index 1.45 5.74 N/A N/A N/A -0.84
Russell 3000 Index 5.74 18.07 9.76 13.18 7.54 13.50
Dorsey Wright Sector 4 Index 3.08 5.73 N/A N/A N/A 0.21
Russell 3000 Index 7.96 17.69 9.68 15.26 6.96 13.47
Fund History (%)
Fund NAV 1.40 5.52 N/A N/A N/A -1.02
After Tax Held 1.40 5.31 N/A N/A N/A -1.21
After Tax Sold 0.79 3.30 N/A N/A N/A -0.78
Fund Market Price 1.73 5.43 N/A N/A N/A -1.02
Fund NAV 3.00 5.53 N/A N/A N/A 0.03
After Tax Held 3.00 5.32 N/A N/A N/A -0.14
After Tax Sold 1.70 3.30 N/A N/A N/A 0.02
Fund Market Price 3.46 5.62 N/A N/A N/A 0.11

Underlying Index returns shown are total 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 applicable 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 03/31/2017

Growth of $10,000

Data beginning Fund inception and ending 03/31/2017. 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 06/21/2017

Market Cap & Style Allocations

Large-Cap Value 2.22%
Large-Cap Blend 11.47%
Large-Cap Growth 16.67%
Mid-Cap Value 10.98%
Mid-Cap Blend 10.81%
Mid-Cap Growth 18.96%
Small-Cap Value 4.50%
Small-Cap Blend 8.36%
Small-Cap Growth 16.03%

as of 06/21/2017 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
PRN PowerShares DWA Industrials Momentum Portfolio 31.48
PTF PowerShares DWA Technology Momentum Portfolio 25.10
PFI PowerShares DWA Financial Momentum Portfolio 23.49
PEZ PowerShares DWA Consumer Cyclicals Momentum Portfolio 19.92

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
06/16/2017 06/20/2017 06/30/2017 - - - - -
12/16/2016 12/20/2016 12/30/2016 0.10736 0.10736 - - -
09/16/2016 09/20/2016 09/30/2016 0.05831 0.05831 - - -
06/17/2016 06/21/2016 06/30/2016 0.04521 0.04521 - - -
03/18/2016 03/22/2016 03/31/2016 - - - - -
12/18/2015 12/22/2015 12/31/2015 0.08559 0.08559 - - -

Frequency Distribution of Discounts & Premiums

    Bid/Ask MidPoint Above NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
03/31/2017 62 14 4 0 0 0 0
12/31/2016 63 16 1 0 0 0 0
09/30/2016 64 52 0 0 0 0 0
06/30/2016 64 28 0 0 0 0 0
Year Ended 2016 252 128 1 0 0 0 0
    Bid/Ask Midpoint Below NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
03/31/2017 62 32 8 3 1 0 0
12/31/2016 63 43 2 1 0 0 0
09/30/2016 64 12 0 0 0 0 0
06/30/2016 64 36 0 0 0 0 0
Year Ended 2016 252 120 2 1 0 0 0

Fund Inception: 10/09/2015

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 including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The fund is subject to certain other risks. Please see the prospectus for more information regarding the risks associated with an investment in the fund.

Momentum style of investing is subject to the risk that the securities may be more volatile than the market as a whole or returns on securities that have previously exhibited price momentum are less than returns on other styles of investing.

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

Obligations issued by US Government agencies and instrumentalities may receive varying levels of support from the government, which could affect the fund's ability to recover should they default. Fixed-income investments are subject to credit risk of the issuer and the effects of changing interest rates. Due to anticipated Federal Reserve Board policy changes, there is a risk that interest rates will rise in the near future.

The Fund invests primarily in other funds, the Fund's investment performance largely depends on the investment performance of those Underlying Funds. An investment in the Fund is subject to the risks associated with the PowerShares ETFs that comprise the Underlying Index.

The Fund is non-diversified and may experience greater volatility than a more diversified investment.

The Russell 3000® Index is an unmanaged index considered representative of US growth stocks. The Russell 3000® 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.

There is no relationship between Dorsey, Wright & Associates, LLC ("Dorsey Wright") and PowerShares by Invesco ("PowerShares") other than a license by Dorsey Wright to PowerShares of certain Dorsey Wright trademarks, tradenames, investment models, and indexes (the "DWA IP"). DWA IP has been created and developed by Dorsey Wright without regard to and independently of PowerShares, and/or any prospective investor. The licensing of any DWA IP is not an offer to purchase or sell, or a solicitation of an offer to buy any securities. A determination that any portion of an investor's portfolio should be devoted to any ETF product developed by PowerShares or investment model developed by Dorsey Wright is a determination made solely by the investment advisor serving the investor or the investor himself, not Dorsey Wright.

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 06/22/2017
2:01 PM EST

DWTR
Intraday Stats

  • Last Trade $25.27
  • Current IIV $25.32
  • Change -$0.02
  • % Change -0.08%
as of 06/21/2017
  • NAV at market close $25.33
as of 06/21/2017

Fund Yield

  • SEC 30 Day Yield 1.17%
  • 12 Month Distribution Rate 0.65%
  • 30-Day SEC Unsubsidized Yield
    as of 06/21/2017
    1.17%
as of 06/21/2017

Prior Close

  • Closing Price $25.29
  • Bid/Ask Midpoint $25.34
  • Bid/Ask Prem/Disc $0.01
  • Bid/Ask Prem/Disc 0.04%

Fund Details

  • Fund Ticker DWTR
  • CUSIP # 73937B498
  • ISIN US73937B4986
  • Intraday NAV DWTRIV
  • Index Ticker DWASEC4T
  • Index Provider Dorsey Wright & Associates
  • Management Fee 0.15%
  • Acquired Fund Fees & Expenses 0.60%
  • Total Expense Ratio 0.75%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange NASDAQ
  • Inception Date 10/09/2015
  • # of Holdings 4
    as of 06/21/2017
as of 06/22/2017

Quick Facts

  • Previous Close $25.29
  • Open $25.26
  • Today's High $25.27
  • Today's Low $25.18
  • Today's Volume 6,794
  • 48,762 30-Day Avg Trading
    Volume
  • 52 Week High $26.00
  • 52 Week Low $23.48
  • Shares Outstanding 3.30MM
  • Market Value $83.6MM