PowerShares ETFs

KBWP - PowerShares KBW Property & Casualty Insurance Portfolio

Equity - Sector Equity

Product Details

The PowerShares KBW Property & Casualty Insurance Portfolio (Fund) is based on the KBW Nasdaq Property & Casualty Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index. The Index is a modified market capitalization weighted index that seeks to reflect the performance of approximately 24 property and casualty insurance companies. The Fund and the Index are rebalanced and reconstituted quarterly.

as of 06/30/2016

Morningstar Rating

Overall Rating - ETF Financial Category

As of 06/30/2016 the Fund had an overall rating of 5 stars out of 25 funds and was rated 5 stars out of 25 funds, 5 stars out of 22 funds and N/A stars out of N/A funds for the 3-, 5- and 10- year periods, respectively.

Morningstar details

Source: Morningstar Inc. Ratings are based on a risk-adjusted return measure that accounts for variation in a fund's monthly performance (including the effect of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The overall rating is derived from a weighted average of three-, five- and 10-year rating metrics, as applicable. ©2016 Morningstar Inc. All rights reserved. The information contained herein is proprietary to Morningstar and/or its content providers. It may not be copied or distributed and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance does not guarantee future results. A fund is eligible for a Morningstar Rating three years after inception. The top 10% of funds in a category receive five stars, the next 22.5% four stars, the next 35% three stars, the next 22.5% two stars and the bottom 10% one star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Ratings for other share classes may differ due to different performance characteristics.

as of 06/30/2016 06/30/2016

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
KBW Nasdaq Property & Casualty Index 5.86 16.08 15.49 17.68 N/A 16.12
S&P 500 Property & Casualty Index 10.78 28.43 17.05 18.42 7.03 16.43
KBW Nasdaq Property & Casualty Index 5.86 16.08 15.49 17.68 N/A 16.12
S&P 500 Property & Casualty Index 10.78 28.43 17.05 18.42 7.03 16.43
Fund History (%)
Fund NAV 5.69 15.67 15.07 17.25 N/A 15.71
After Tax Held 5.35 15.02 14.44 16.68 N/A 15.16
After Tax Sold 3.21 9.05 11.69 13.90 N/A 12.68
Fund Market Price 5.15 15.28 15.01 17.20 N/A 15.67
Fund NAV 5.69 15.67 15.07 17.25 N/A 15.71
After Tax Held 5.35 15.02 14.44 16.68 N/A 15.16
After Tax Sold 3.21 9.05 11.69 13.90 N/A 12.68
Fund Market Price 5.15 15.28 15.01 17.20 N/A 15.67

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. Returns less than one year are cumulative.


as of 06/30/2016

Growth of $10,000

Data beginning Fund inception and ending 06/30/2016. 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 07/26/2016

Market Cap & Style Allocations

Large-Cap Value 8.17%
Large-Cap Blend 23.90%
Large-Cap Growth -
Mid-Cap Value 34.01%
Mid-Cap Blend 7.58%
Mid-Cap Growth 8.14%
Small-Cap Value 12.20%
Small-Cap Blend 5.99%
Small-Cap Growth -

as of 07/26/2016 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
TRV Travelers Cos Inc/The 8.17
CINF Cincinnati Financial Corp 8.14
ALL Allstate Corp/The 8.10
CB Chubb Ltd 8.03
PGR Progressive Corp/The 7.77
RE Everest Re Group Ltd 4.09
WRB WR Berkley Corp 4.08
AFG American Financial Group Inc/OH 3.99
RNR RenaissanceRe Holdings Ltd 3.96
AIZ Assurant Inc 3.92

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
06/17/2016 06/21/2016 06/30/2016 0.24056 0.24056 - - -
03/18/2016 03/22/2016 03/31/2016 0.12113 0.12113 - - -
12/24/2015 12/29/2015 12/31/2015 0.04244 - 0.02582 0.01662 -
12/18/2015 12/22/2015 12/31/2015 0.32820 0.32820 - - -
09/18/2015 09/22/2015 09/30/2015 0.08915 0.08915 - - -
06/19/2015 06/23/2015 06/30/2015 0.17614 0.17614 - - -
03/20/2015 03/24/2015 03/31/2015 0.01388 0.01388 - - -
12/24/2014 12/29/2014 12/31/2014 0.10147 - 0.06637 0.03510 -
12/19/2014 12/23/2014 12/31/2014 0.50091 - - - -
09/19/2014 09/23/2014 09/30/2014 0.10332 - - - -
06/20/2014 06/24/2014 06/30/2014 0.22208 - - - -
03/21/2014 03/25/2014 03/31/2014 0.23192 - - - -
12/24/2013 12/27/2013 12/30/2013 0.04763 - - - -
12/20/2013 12/24/2013 12/31/2013 0.36850 - - - -
09/20/2013 09/24/2013 09/30/2013 0.08107 - - - -
06/21/2013 06/25/2013 06/28/2013 0.11987 - - - -
03/15/2013 03/19/2013 03/28/2013 0.05734 - - - -
12/21/2012 12/26/2012 12/31/2012 0.59971 - - - -
09/21/2012 09/25/2012 09/28/2012 0.18554 - - - -
06/15/2012 06/19/2012 06/29/2012 0.03970 - - - -
03/16/2012 03/20/2012 03/30/2012 0.08562 - - - -
12/16/2011 12/20/2011 12/30/2011 0.21109 - - - -
09/16/2011 09/20/2011 09/30/2011 0.10163 - - - -
06/17/2011 06/21/2011 06/30/2011 0.09187 - - - -
03/18/2011 03/22/2011 03/31/2011 0.30207 - - - -

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%
06/30/2016 64 21 0 0 0 0 0
03/31/2016 61 29 2 1 1 0 0
12/31/2015 64 48 2 1 0 0 0
09/30/2015 64 53 0 0 0 0 0
Year Ended 2015 252 164 4 1 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%
06/30/2016 64 42 1 0 0 0 0
03/31/2016 61 26 2 0 0 0 0
12/31/2015 64 12 0 1 0 0 0
09/30/2015 64 11 0 0 0 0 0
Year Ended 2015 252 82 0 1 0 0 0

Fund Inception: 12/02/2010

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 subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.

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

Stocks of medium-sized companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale.

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

The S&P 500 Property & Casualty Index is an unmanaged index considered representative of the casualty insurance sub-industry within the S&P Insurance Select Industry Index. The S&P Insurance Select Industry Index is designed to measure the performance of narrow GICS® sub-industries.

The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.

"Keefe, Bruyette & Woods, Inc.", "KBW Nasdaq Property and Casualty Index" and "KBW" are trademarks of KBW and have been licensed for use by Invesco PowerShares Capital Management LLC. The PowerShares KBW Property & Casualty Insurance Portfolio is not sponsored, endorsed, sold or promoted by KBW and KBW makes no representation regarding the advisability of investing in The PowerShares KBW Property & Casualty Insurance Portfolio. Invesco PowerShares Capital Management LLC is not affiliated with KBW.

as of 07/27/2016
3:05 PM EST

KBWP
Intraday Stats

  • Last Trade $49.95
  • Current IIV $49.90
  • Change $0.17
  • % Change 0.34%
as of 07/26/2016
  • NAV at market close $49.93
as of 07/26/2016

Fund Yield

  • SEC 30 Day Yield 1.81%
  • Distribution Rate 1.93%
  • 12 Month Distribution Rate 1.56%
  • 30-Day SEC Unsubsidized Yield
    as of 07/26/2016
    1.81%
as of 07/26/2016

Prior Close

  • Closing Price $49.78
  • Bid/Ask Midpoint $49.89
  • Bid/Ask Prem/Disc -$0.04
  • Bid/Ask Prem/Disc -0.08%
as of 06/30/2016

Fund Characteristics

  • Price/Earnings Ratio1 13.85
  • Price/Book Ratio1 1.31
  • ROE2 10.18%
  • Avg Market Cap2 $15,637MM

1 Weighted Harmonic Average

2 Weighted Average

Fund Details

  • Fund Ticker KBWP
  • CUSIP # 73936Q777
  • ISIN US73936Q7777
  • Intraday NAV KBWPIV
  • Index Ticker KPXTR
  • Index Provider Keefe, Bruyette & Woods, Inc.
  • Management Fee 0.35%
  • Total Expense Ratio 0.35%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange NYSE Arca
  • Inception Date 12/02/2010
  • # of Holdings 24
    as of 07/26/2016
as of 07/27/2016

Quick Facts

  • Previous Close $49.78
  • Open $50.12
  • Today's High $50.12
  • Today's Low $49.77
  • Today's Volume 2,250
  • 8,856 30-Day Avg Trading
    Volume
  • 52 Week High $50.92
  • 52 Week Low $36.04
  • Shares Outstanding 1.45MM
  • Market Value $72.4MM