PowerShares Fundamental High Yield Corporate Bond Fund (PHB)
- Fixed Income | Corporate Debt Funds
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Fund Description
The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the RAFI® Bonds US High Yield 1-10 Index (the "underlying index"). The fund generally invests at least 80% of its total assets in high-yield corporate bonds that comprise the underlying index. The underlying index is comprised of U.S. dollar-denominated bonds registered for sale in the United States whose issuers are public companies listed on major U.S. stock exchanges. Only non-convertible, non-exchangeable, non-zero, fixed coupon investible high-yield corporate bonds qualify for inclusion in the underlying index.
Fund Snapshot Updated 06.17.2013
| Previous Close | $18.94 | Expense Ratio | 0.50% |
| YTD Return | 1.3% | Avg. 30-Day Volume | 591,871 |
| 1-Year Return | 8.3% | Market Cap | Loading... |
| Bid | $19.05 | Shares Outstanding | 37,800,000 |
| Ask | $19.06 | Dividends | $0.93 |
| Top 10 Holdings | |
|---|---|
| General Mtrs Finl Co Inc (—) | 1.66% |
| International Lease Fin Corp (—) | 1.34% |
| Ford Motor Credit Co Llc (—) | 1.27% |
| Ford Motor Credit Co Llc (—) | 1.26% |
| International Lease Fin Corp (—) | 1.18% |
| Cit Group Inc (—) | 1.18% |
| Sears Hldgs Corp (—) | 1.14% |
| Kinder Morgan Finance Corp Ulc (—) | 1.09% |
| Sprint Cap Corp (—) | 0.97% |
| Goodyear Tire & Rubr Co (—) | 0.94% |
| % of Total Holdings | 12.00% |
