PowerShares KBW High Dividend Yield Financial Portfolio (KBWD)
- Equity | Financial Services Funds
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Best Fit Financial Services Funds ETFs
U.S. News evaluated 43 Financial Services Funds ETFs and 12 make our Best Fit list. Our list highlights the best passively managed funds for long-term investors. Rankings are assigned based on comparisons with Best Fit funds in this category.
| Best Fit Scorecard | |
|---|---|
| Costs | Good |
| Tracking Error | Good |
| Bid/Ask Ratio | Excellent |
| Holdings Diversity | Typical |
Fund Description
The investment seeks investment results that correspond generally to the price and yield of an index called the KBW Financial Sector Dividend Yield Index. The fund generally invests at least 90% of its total assets in the securities of publicly listed financial companies that principally are engaged in the business of providing financial services and products, including banking, insurance and diversified financial services, in the United States and that comprise the underlying index. The underlying index also may include securities of business development companies and equity and mortgage REITs. The fund is non-diversified.
Fund Snapshot Updated 05.17.2013
| Previous Close | $26.53 | Expense Ratio | 0.35% |
| YTD Return | 18.4% | Avg. 30-Day Volume | 85,871 |
| 1-Year Return | 27.0% | Market Cap | Loading... |
| Bid | $26.52 | Shares Outstanding | 9,700,000 |
| Ask | $26.55 | Dividends | $2.02 |
| Top 10 Holdings | |
|---|---|
| Bgc Partners Inc (BGCP) | 5.95% |
| American Capital Agency Corp (AGNC) | 5.55% |
| Chimera Invt Corp (CIM) | 4.75% |
| Invesco Mortgage Capital Inc (IVR) | 4.74% |
| Annaly Cap Mgmt Inc (NLY) | 4.43% |
| Hatteras Finl Corp (HTS) | 4.03% |
| Capstead Mtg Corp (CMO) | 3.85% |
| Anworth Mortgage Asset Cp (ANH) | 3.85% |
| Apollo Invt Corp (AINV) | 3.52% |
| Mfa Finl Inc (MFA) | 3.50% |
| % of Total Holdings | 44.20% |
