Invesco PowerShares
Welcome, Guest
Sign In  |  Register
Search
 
 
 
 
 

The PowerShares Active Mega Cap Fund (Fund) is an actively managed ETF that seeks to outperform the benchmark Russell Top 200® Index and manage risk in the domestic mega-cap market. All stocks in the universe are evaluated by Invesco Institutional's proprietary stock selection model. The model is based on several factors relating to four main concepts: earnings momentum, price trend, management action and relative value. Each stock is ranked by this model, and the result is a "weight-of-the-evidence" forecast of the expected annual forecasted excess return for each stock compared to other stocks within their respective industry for the next month. Additionally, each stock is evaluated for risk using at least 17 variables. The Fund is rebalanced and reconstituted monthly.


Date   11/15/2012  
Price   28.11  
Bid/Ask Midpoint   28.12  
 
NAV   28.09  
Bid/Ask Prem/Disc   0.03  
Bid/Ask Prem/Disc   0.11%  

 As of 9/30/2012
Index History (%)YTD1 Year3 Year5 Year10 YearFund Inception
Russell Top 200 Index17.2230.8712.890.857.333.77
S&P 500 Index16.4430.2013.201.058.014.04
Fund History (%)YTD1 Year3 Year5 Year10 YearFund Inception
NAV14.4828.0313.29  5.63
After Tax Held14.1427.3912.75  5.15
After Tax Sold9.4018.1811.14  4.54
Market Price14.3427.2113.35  5.63

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 09/30/2012
Data beginning 4/30/2008, the month end following Fund inception.
An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the indexes. Index returns do not represent Fund returns. The indexes do not charge management fees or brokerage expenses, nor do the indexes lend securities, and no revenues from securities lending were added to the performance shown.

  Bid/Ask MidPoint Above NAV Bid/Ask Midpoint Below NAV
Quarter
Ending		 Days 50-99
Basis Points		 100-199
Basis Points		 H200
Basis Points		 50-99
Basis Points		 100-199
Basis Points		 H200
Basis Points
9/30/2012 63 0 0 0 0 0 0
6/30/2012 63 0 0 0 0 0 0
3/31/2012 62 0 0 0 0 0 0
12/31/2011 63 5 6 1 6 2 0
Year Ended 2011 252 14 11 1 19 4 0
Fund Inception: 4/11/2008

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.
Ex-DateRecord DatePay Date$ / ShareOrdinary IncomeShort Term GainsLong Term GainsReturn of Capital
9/21/20129/25/20129/28/20120.019010.01901N.A.N.A.N.A.
6/15/20126/19/20126/29/20120.132810.13281N.A.N.A.N.A.
3/16/20123/20/20123/30/20120.090060.09006N.A.N.A.N.A.
12/16/201112/20/201112/30/20110.154850.15485N.A.N.A.N.A.
9/16/20119/20/20119/30/20110.070560.07056N.A.N.A.N.A.
6/17/20116/21/20116/30/20110.081470.08147N.A.N.A.N.A.
3/18/20113/22/20113/31/20110.052030.05203N.A.N.A.N.A.
12/17/201012/21/201012/31/20100.270840.27084N.A.N.A.N.A.
3/19/20103/23/20103/31/20100.024350.02435N.A.N.A.N.A.
12/18/200912/22/200912/31/20090.156120.15612N.A.N.A.N.A.
 
Distribution Information


Large-Cap Growth 52.37%  
Large-Cap Value 47.63%  
As of 11/15/2012


Fund Holdings subject to change  
EXXON MOBIL CORPORATION   6.31%  
CISCO SYSTEMS INC   6.27%  
AMGEN INC   5.40%  
MICROSOFT CORP   5.27%  
APPLE INC   5.25%  
As of 11/15/2012    
 
 
CHEVRON CORP   4.43%  
PFIZER INC   4.23%  
UNITEDHEALTH GROUP INCORPORATE   3.58%  
ALLSTATE CORP   3.37%  
CONOCOPHILLIPS   3.32%  

View All Fund Holdings




As of 11/15/2012



Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.

The Fund is subject to management risk because it is an actively managed portfolio. There can be no guarantee that the investment techniques and risk analyses used by the Subadviser or portfolio managers will produce the desired results.

Unlike Index-based ETFs, the Fund is not an index fund. Therefore, the Fund does not necessarily seek to replicate the performance of a specified index.

Actively managed ETFs have a limited trading history and, therefore, there can be no assurance as to whether and/or the extent to which the shares will trade at premiums or discounts to NAV, which is the market value of a fund share.

The Fund may contain securities in the energy, healthcare and information technology sectors. Companies engaged in these sectors are subject to greater risks, and are more greatly impacted by market volatility, than more diversified investments.

Returns on investments in securities of large U.S. companies could trail the returns on investments in stocks of smaller companies.

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

The Russell Top 200® Index is an unmanaged index that consists of the largest 200 securities by market cap of the U.S. market. The Russell Top 200® Index is a trademark/service mark of the Frank Russell Co. Russell® is a trademark of the Frank Russell Co. The S&P 500 Index® is an unmanaged index considered representative of the U.S. stock market.

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

Invesco Advisers, Inc. is the investment sub-adviser; it provides investment sub-advisory services to individual and institutional clients and does not sell securities. Invesco Advisers, Inc. is an indirect, wholly owned subsidiary of Invesco Ltd.
As of 11/16/2012 12:00 AM EST
Last Trade $28.11
Current IIV $28.09
Change -0.12
% Change -0.43%
As of 11/15/2012
Market Close
NAV 28.09
As of 11/15/2012
SEC 30 Day Yield 1.80%
Distribution Yield 0.27%
12 Month Yield 1.41%
As of 11/16/2012
Previous Close $28.23
Open $28.11
Today's High $28.11
Today's Low $28.11
Today's Volume 1,500
52 Week High $30.42
52 Week Low $24.00
Shares Outstanding 0.20MM
Market Value $5.6MM
Fund Ticker PMA
CUSIP # 73935B300
ISIN US73935B3006
Intraday NAV PMA.IV
Management Fee 0.75%
Expense Ratio 0.75%
Marginable Yes
Short Selling Yes
Options No
Exchange NYSE Arca
Inception Date 4/11/2008
# of Holdings
as of 11/15/2012		 51
1 year | 3 year | YTD
Interactive Charting
As of 09/30/2012
Price/Earnings Ratio¹ 11.75
Price/Book Ratio¹ 1.97
ROE² 20.58%
Avg Market Cap² 157,576MM
¹Weighted Harmonic Average
²Weighted Average
The midpoint between the highest bid and the lowest offer, as of the time that the Fund's NAV is calculated, generally around 4 pm (eastern time).
Calculation of the premium or discount of the Bid/Ask Midpoint price at the time of calculation of the NAV against such NAV.
The Intraday Indicative Value for an ETF is typically published under a separate symbol every 15 seconds over the Consolidated Tape and calculated throughout the trading day based on the last sale prices of the securities specified for creation and redemption plus any estimated cash amounts associated with the creation unit, all on a per-ETF share basis.
A standard yield calculation developed by the Securities and Exchange Commission that allows for a common ground comparison of yield performance. It is based on the most recent 30-day period. It is calculated by dividing the net investment income (less expenses) per share over a 30-day period by the current maximum offering price.
The yield represents a single distribution from the fund and does not represent the total return of the fund. The yield is calculated by annualizing the most recent distribution and dividing by the fund NAV from the as of date. N/A will be displayed if the fund did not make a distribution in the most recent quarter.
The sum of a fund's total trailing 12-month interest and dividend payments divided by the last month's ending share price (NAV) plus any capital gains distributed over the same period.
For a description of the application of the Expense Cap and the Gross Ratio and Net Ratio please see the Fund's current prospectus.
Provides the total gross annual fund operating expenses per the Fund's current prospectus.
The Adviser has contractually agreed to waive fees and/or pay certain Fund expenses through at least .
The Fund’s pro rata portion of the cumulative expenses charged by the Underlying holdings in which the Fund invests.
Provides the expected expense ratio charged to shareholders per the Fund's current prospectus and reflects the investment advisor's contractual agreement to waive a portion of its fees and/or pay Fund expenses at least until 11/16/2012
The share price divided by earnings per share.
The price per share divided by accounting book value per share.
Net income divided by net worth.
The average market value of a company's outstanding securities, excluding current liabilities. Under $3.5 billion is generally considered small cap; $3.5 billion to $9 billion is mid cap; and over $9 billion is large cap.
A method of calculating an average value that lessens the impact of large outliers and increases the impact of small ones.
This number indicates the number of trading days represented within the most recent quarter displayed.
New lower expenses. Click icon for more information.
The amount by which a CEF's market price is greater or less than its NAV, expressed as a percent of NAV.
The period in the life of a callable bond in which the issuing company is not permitted to redeem the bond.
The amount by which the convertible price exceeds the value of the stock into which it can be converted.
The amount by which the price of the convertible exceeds its value as a straight bond, ignoring the conversion feature.
A measure of the expensiveness/cheapness of the option embedded in the convertible bond.
Ranging from zero to one, a measure of a convertible's price sensitivity to movements in the price of its underlying stock.
The average of each bond’s coupon divided by its current price
©2012 Invesco PowerShares Capital Management LLC
PowerShares® is a registered trademark of Invesco PowerShares Capital Management LLC (Invesco PowerShares). Invesco PowerShares and Invesco Distributors, Inc. are indirect, wholly owned subsidiaries of Invesco Ltd.
Invesco Distributors, Inc. is the distributor of the PowerShares Exchange-Traded Fund Trust, the PowerShares Exchange- Traded Fund Trust II, the PowerShares India Exchange-Traded Fund Trust and the PowerShares Actively Managed Exchange-Traded Fund Trust.
ALPS Distributors, Inc. is the distributor of PowerShares QQQ, BLDRS Funds and PowerShares DB Funds. PowerShares QQQ and BLDRS Funds are unit investment trusts.
Invesco PowerShares and Invesco Distributors, Inc. are not affiliated with ALPS Distributors, Inc.
PowerShares DB ETNs are senior unsecured obligations issued by Deutsche Bank AG, London Branch. Certain marketing services may be provided for these products by Invesco Distributors, Inc. or its affiliate, Invesco PowerShares Capital Management LLC. Neither firm is affiliated with Deutsche Bank.
Certain marketing services may be provided for the DB ETNS and DB ETFs by Invesco Distributors, Inc. or its affiliate, Invesco PowerShares Capital Management LLC. Invesco Distributors, Inc. will be compensated by Deutsche Bank or its affiliates for providing these marketing services. Neither Invesco Distributors, Inc. or Invesco PowerShares are affiliated with Deutsche Bank.
Shares are not individually redeemable and owners of the Shares may acquire those Shares from the Funds and tender those shares for redemption to the Funds in Creation Unit aggregations only, typically consisting of 50,000, 75,000, 100,000 or 200,000 Shares.
Shares are not FDIC insured, may lose value and have no bank guarantee.
View the Legal Notice