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INVESCO POWERSHARES SP 500 BUYWRITE PORT: (AMEX : PBP)

(U.S : AMEX) As of Apr 17, 2014 03:59 PM ET

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$21.25 USD

+0.11 (0.52%)

Volume: 72,920

Zacks ETF Rank: 0 - Not Rated [?]          

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

Zacks Premium - The only way to get access to the Zacks Rank

ETF Quote Details

Previous Close 21.14
Open 21.10
Bid 21.15
Ask 23.06
Day Low-High 21.10-21.27
52wk Low-High 19.67-21.41
Volume 72,920
NAV (month end) 21.25
Premium (+)/Discount (-) (month end)-0.11

Zacks Premium Research for PBP

Zacks ETF Rank [?] Not rated 0
ETF Risk [?] NA
ETF Research Report

Learn to Profit from the Zacks Rank

Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

Zacks Premium - The only way to get access to the Zacks Rank

ETF Expense Ratio

Expense Ratio 0.75%
Dividend (Yield) $1.35 (6.55%)
Issuer INVESCO POWERSHARES

Benchmark for PBP

CBOE SP 500 BUYWRITE

This index measures total returns of a theoretical portfolio including the S&P 500 Index stocks on which S&P 500 Index call options are systematically written against the portfolio through a buy-write strategy. A buy-write, also called a covered call, generally is considered to be an investment strategy in which an investor buys a stock or basket of stocks, and also sells call options.

Fund Summary for PBP

INVESCO POWERSHARES SP 500 BUYWRITE PORT

It is based on CBOE S&P 500 Buy Write Index. It invests 80% of its total assets in common stocks of 500 companies included in S&P 500 Index & write (sell) call options. Index measures total rate of return of S&P 500 covered call strategy of holding a portfolio indexed to the S&P 500 & selling a succession of written options, each with exercise price at or above the prevailing price of S&P 500.