PowerShares ETFs

PXLV - PowerShares Russell Top 200 Pure Value Portfolio

Equity - US Equity

Product Details

The PowerShares Russell Top 200 Pure Value Portfolio (Fund) is based on the Russell Top 200® Pure Value Index (Index). The Fund will invest at least 90% of its total assets in the component securities that comprise the Index. The Index is composed of securities with strong value characteristics selected from the Russell Top 200® Index. Securities are weighted based on their style score. The Fund and the Index are rebalanced and reconstituted annually.

On May 22, 2015, at the close of markets, changes to the Fund's name, investment objective, investment policy, investment strategies, Index and index provider were made. Frank Russell Company replaced Research Affiliates, LLC as the index provider for the Fund. The Index name changed from RAFI Fundamental Large Value Index to Russell Top 200 Pure Value Index. The Fund name changed from PowerShares Fundamental Pure Large Value Portfolio to PowerShares Russell Top 200 Pure Value Portfolio.

as of 06/30/2015 06/30/2015

Performance


   
as of 06/30/2015 06/30/2015
  YTD 1 Year 3 Year 5 Year 10 Year Fund Inception
Index History (%)
Russell Top 200 Pure Value Index N/A N/A N/A N/A N/A N/A
Russell 1000 Value Index -0.61 4.13 17.34 16.50 7.05 14.47
RAFI Fundamental Large Value Index -1.13 3.68 17.94 N/A N/A 14.05
Fund History (%)
Fund NAV -1.18 3.40 17.56 N/A N/A 13.65
After Tax Held -1.65 2.65 16.92 N/A N/A 13.00
After Tax Sold -0.67 2.15 13.76 N/A N/A 10.69
Fund Market Price -1.34 3.57 17.66 N/A N/A 13.72

Monthly Performance

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 06/30/2015

Growth of $10,000

Data beginning Fund inception and ending 06/30/2015. Fund performance shown at NAV.

Russell Top 200® Pure Value Index* performance prior to 5/22/2015 reflects that of the original Underlying Index, RAFI Fundamental Large Value Index. From 5/22/2015 forward, performance reflects that of the Underlying Index, Russell Top 200® Pure Value Index AND IS NOT INTENDED FOR ANY THIRD PARTY USE.

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 08/25/2015

Sector Allocation

as of 08/25/2015 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
PNC PNC Financial Services Group Inc/The 3.06
DUK Duke Energy Corp 3.05
OXY Occidental Petroleum Corp 3.03
MET MetLife Inc 2.98
AEP American Electric Power Co Inc 2.91
YHOO Yahoo! Inc 2.90
GE General Electric Co 2.90
SO Southern Co/The 2.75
PCG PG&E Corp 2.60
APA Apache Corp 2.53

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
06/19/2015 06/23/2015 06/30/2015 0.19351 0.19351 - - -
03/20/2015 03/24/2015 03/31/2015 0.14546 0.14546 - - -
12/19/2014 12/23/2014 12/31/2014 0.20504 0.20504 - - -
09/19/2014 09/23/2014 09/30/2014 0.12951 0.12951 - - -
06/20/2014 06/24/2014 06/30/2014 0.16723 0.16723 - - -
03/21/2014 03/25/2014 03/31/2014 0.10087 0.10087 - - -
12/24/2013 12/27/2013 12/30/2013 0.01467 0.01467 - - -
12/20/2013 12/24/2013 12/31/2013 0.19884 0.19884 - - -
09/20/2013 09/24/2013 09/30/2013 0.13062 0.13062 - - -
06/21/2013 06/25/2013 06/28/2013 0.11224 0.11224 - - -
03/15/2013 03/19/2013 03/28/2013 0.09491 0.09491 - - -
12/21/2012 12/26/2012 12/31/2012 0.16804 0.16804 - - -
09/21/2012 09/25/2012 09/28/2012 0.12429 0.12429 - - -
06/15/2012 06/19/2012 06/29/2012 0.11506 0.11506 - - -
03/16/2012 03/20/2012 03/30/2012 0.08287 0.08287 - - -
12/16/2011 12/20/2011 12/30/2011 0.12787 0.12787 - - -
09/16/2011 09/20/2011 09/30/2011 0.14381 0.14381 - - -

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%
06/30/2015 63 0 0 0 0 0 0
03/31/2015 61 0 0 0 0 0 0
12/31/2014 64 0 0 0 0 0 0
09/30/2014 64 0 0 0 0 0 0
Year Ended 2014 252 0 0 0 0 0 0

Fund Inception: 06/16/2011

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 or sector are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

A value style of investing is subject to the risk that the valuations never improve or that the returns will trail other styles of investing or the overall stock markets.

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

The Russell Top 200® Index measures the performance of the largest cap segment of the US equity universe. The Russell 1000® Value Index is an unmanaged index considered representative of large-cap value stocks. The Russell 1000® Value Index and the Russell Top 200® Index are trademark/service marks 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 Russell Top 200® Pure Value Index is a trademark of Frank Russell Company and has been licensed for use by Invesco PowerShares. The Product is not sponsored, endorsed, sold or promoted by Frank Russell Company and Frank Russell Company makes no representation regarding the advisability of investing in the Product.

The RAFI® Fundamental Large Value Index is calculated by Dow Jones Indexes, the marketing name and a licensed trademark of CME Group Index Services LLC ("CME Indexes"). "Dow Jones Indexes" is a service mark of Dow Jones Trademark Holdings LLC ("Dow Jones"). The Index is not sponsored, endorsed, sold or promoted by CME Indexes, Dow Jones or their respective affiliates, and CME Indexes, Dow Jones and their respective affiliates make no representation regarding the advisability of investing in the Fund.

Neither CME Indexes nor Research Affiliates, LLC make any warranties, express or implied, to any of their customers nor anyone else regarding the accuracy or completeness of any data related to the Index. Neither CME Indexes nor Research Affiliates, LLC accept any liability for any errors or any loss arising from the use of this information.

The trade names Fundamental Index®,RAFI®, the RAFI logo, and the Research Affiliates corporate name and logo are registered trademarks and are the exclusive intellectual property of Research Affiliates, LLC. Any use of these trade names and logos without the prior written permission of Research Affiliates, LLC is expressly prohibited. Research Affiliates, LLC reserves.

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 08/28/2015
2:40 PM EST

PXLV
Intraday Stats

  • Last Trade $28.37
  • Current IIV $28.49
  • Change $0.10
  • % Change 0.37%
as of 08/25/2015
  • NAV at market close $26.75
as of 08/25/2015

Fund Yield

  • SEC 30 Day Yield 2.77%
  • Distribution Rate 2.89%
  • 12 Month
    Distribution Rate
    2.52%
  • 30-Day SEC Unsubsidized Yield
    as of 08/21/2015
    2.44%
as of 08/28/2015

Prior Close

  • Closing Price $28.27
  • Bid/Ask Midpoint $28.45
  • Bid/Ask Prem/Disc $1.70
  • Bid/Ask Prem/Disc 6.36%
as of 06/30/2015

Fund Characteristics

  • Price/Earnings Ratio1 14.84
  • Price/Book Ratio1 1.47
  • ROE2 7.86%
  • Avg Market Cap2 $81,504MM

1 Weighted Harmonic Average

2 Weighted Average

Fund Details

  • Fund Ticker PXLV
  • CUSIP # 739371201
  • ISIN US7393712010
  • Intraday NAV PXLVIV
  • Index Ticker RT2PVALT
  • Index Provider Frank Russell Company
  • Management Fee 0.29%
  • Total Expense Ratio 0.58%
  • Fee Waiver 0.19%
  • Net Expense Ratio 0.39%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange NYSE Arca
  • Inception Date 06/16/2011
  • # of Holdings 63
    as of 08/25/2015
as of 08/28/2015

Quick Facts

  • Previous Close $28.27
  • Open $28.37
  • Today's High $28.47
  • Today's Low $28.37
  • Today's Volume 3,344
  • 52 Week High $32.20
  • 52 Week Low $26.70
  • Shares Outstanding 1.35MM
  • Market Value $36.1MM