Invesco PowerShares Provides Estimated Long-Term Capital Gains Information for 2013
13 December 2013 - 7:30AM
Marketwired
Invesco PowerShares Provides Estimated Long-Term Capital Gains
Information for 2013
CHICAGO, IL--(Marketwired - Dec 12, 2013) - Invesco PowerShares
Capital Management LLC, a leading global provider of
exchange-traded funds (ETFs), announced today that it expects to
deliver zero long-term capital gains distributions across 108 of
115 equity and fixed-income ETFs for 2013.
"At Invesco PowerShares we are proud of our product line's tax
efficient track record," said Dan Draper, Invesco PowerShares
managing director of global ETFs. "Once again this year, we
are pleased to report that the vast majority of PowerShares ETFs
did not have long-term capital gains distributions."
The seven PowerShares ETFs expected to make capital gains
distributions this year represent less than 1% of total franchise
assets. All seven of these Funds are expected to see long-term
capital gains distributions under 1% of NAV per share. These funds
include:
Portfolio Name |
|
Ticker |
|
Estimated Dist. (per share) |
PowerShares KBW Property & Casualty Insurance Portfolio |
|
KBWP |
|
$0.045 - $0.050 |
PowerShares S&P 500 BuyWrite Portfolio |
|
PBP |
|
$0.006 - $0.010 |
PowerShares Fundamental Investment Grade Corporate Bond
Portfolio |
|
PFIG |
|
$0.010 - $0.015 |
PowerShares S&P SmallCap Financials Portfolio |
|
PSCF |
|
$0.028 - $0.033 |
PowerShares Fundamental Pure Large Growth Portfolio |
|
PXLG |
|
$0.017 - $0.021 |
PowerShares Fundamental Pure Large Value Portfolio |
|
PXLV |
|
$0.015 - $0.018 |
PowerShares S&P 500® High Dividend Portfolio |
|
SPHD |
|
$0.016 - $0.021 |
Distributions are estimates and subject to
change. |
The ex-date for the 2013 capital gains distributions is
anticipated to be Tuesday, December 24, 2013. The record date is
anticipated to be Friday, December 27, 2013, and the payable date
is anticipated to be Tuesday, December 31, 2013.
About Invesco PowerShares Capital Management LLC and Invesco
Ltd. Invesco PowerShares Capital Management LLC is leading the
Intelligent ETF Revolution® through its family of more than 140
domestic and international exchange-traded funds, which seek to
outperform traditional benchmark indexes while providing advisors
and investors access to an innovative array of focused investment
opportunities. With franchise assets over $87 billion as of
September 30, 2013, PowerShares ETFs trade on both US stock
exchanges. For more information, please visit us at
invescopowershares.com or follow us on Twitter @PowerShares.
Invesco Ltd. is a leading independent global investment
management firm, dedicated to helping investors worldwide achieve
their financial objectives. By delivering the combined power of our
distinctive investment management capabilities, Invesco provides a
wide range of investment strategies and vehicles to our clients
around the world. Operating in more than 20 countries, the firm is
listed on the New York Stock Exchange under the symbol IVZ.
Additional information is available at www.invesco.com.
Important Risk Information 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 Funds' return may not match the return of the
Underlying Index.
Investments focused in a particular industry are subject to
greater risk, and are more greatly impacted by market volatility,
than more diversified investments.
Note: Not all products are available through all firms.
There is no guarantee that the Funds will not distribute capital
gains to its shareholders.
Not FDIC Insured | May Lose Value | No Bank Guarantee
Shares are not individually redeemable and owners of the shares
may acquire those shares from the Fund and tender those shares for
redemption to the Fund in Creation Units only, typically consisting
of aggregations of 50,000, 75,000, 100,000 or 200,000 shares.
Invesco Distributors, Inc. is the distributor of the PowerShares
Exchange-Traded Fund Trust II.
PowerShares® is a registered trademark of Invesco PowerShares
Capital Management LLC (Invesco PowerShares). Invesco
PowerShares Capital Management LLC and Invesco Distributors, Inc.
are indirect, wholly owned subsidiaries of Invesco Ltd.
An investor should consider the Funds' investment
objectives, risks, charges and expenses carefully before investing.
For this and more complete information about the Funds call 800 983
0903 or visit invescopowershares.com for a prospectus. Please read
the prospectus carefully before investing.
Media Contacts: Kristin Sadlon Porter Novelli 212-601-8192 Email
Contact Bill Conboy 303-415-2290 Email Contact
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