PowerShares National AMT-Free Municipal Bond Portfolio (PZA)

25.86
Data as of Jan 30
 +0.04 / +0.15%
Today’s Change
23.50
Today|||52-Week Range
25.94
+1.77%
Year-to-Date

Investment Objective

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the BofA Merrill Lynch National Long-Term Core Plus Municipal Securities Index (the "underlying index"). The fund generally will invest at least 80% of its total assets in municipal securities that comprise the underlying index and that also are exempt from the federal alternative minimum tax.

No recent news for PowerShares National AMT-Free Municipal Bond Portfolio.

Performance

1 month+2.21% 3 years+5.06%
3 months+3.28% 5 years+6.24%
1 year+13.65% Since inception+5.04%
Data through 01/31/2015

Quote Details

Previous close$25.82
Open day’s range25.85 – 25.91
Net asset value (NAV)25.78 (01/30/2015)
Daily volume224,382
Average volume (3 months)204,445
Data as of 3:59pm ET, 01/30/2015

Peer Comparisonvs. Muni national long ETFs

 PZACategory
Performance 5-yr return+6.24%+5.63%
Expense Gross exp ratio0.28%0.54%
Risk 5 year sharpe ratio1.051.00
Net assets$796.2M$426.3M
Average market cap--$38.2B
Average P/E--60.0
Dividend / Share--0.09%

Competitors

TFI SPDR® Nuveen Barclays Municipal Bond ET...
MLN Market Vectors® Long Municipal Index ET...

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Sales Tax Asset Receivable Cor Rev Bd 4%3.95%
-- Chicago Ill Wastewater Transmi Rev Bd 5%3.61%
-- Miami-Dade Cnty Fla Wtr & Swr Wtr Swr 5%3.09%
-- Jasper Ala Go Wts 5%3.03%
-- Inland Vy Dev Agy Calif Succes Tax Al 5%2.56%
-- North Tex Twy Auth 5.75%2.46%
-- New Jersey St Transn Tr Fd Aut Tran 5.5%2.30%
-- Pennsylvania St Tpk Commn Tpk Sub 5.25%2.30%
-- Metropolitan Transn Auth 5%2.00%
-- Pittsburg Calif Uni Sch Dist 5.5%1.82%

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