PowerShares Preferred Portfolio (PGX)

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#31

Best Fit Income Funds ETFs

U.S. News evaluated 82 Income Funds ETFs and 35 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.

How we identify Best Fit Funds

Best Fit Scorecard
Costs Good
Tracking Error Typical
Bid/Ask Ratio Good
Holdings Diversity Good

Fund Description

The investment seeks investment results that generally correspond to the price and yield (before fees and expenses) of the BofA Merrill Lynch Core Plus Fixed Rate Preferred Securities Index (the "underlying index"). The fund generally will invest at least 80% of its total assets in fixed rate U.S. dollar-denominated preferred securities that comprise the underlying index. The underlying index is a market capitalization-weighted index designed to reflect the total return performance of the fixed rate U.S. dollar-denominated preferred securities market. It is non-diversified.

Fund Snapshot Updated 07.10.2014

Previous Close $14.58 Expense Ratio 0.50%
YTD Return 11.99% Avg. 30-Day Volume 774,185
1-Year Return 8.9% Market Cap Loading...
Bid $14.60 Shares Outstanding 154,000,000
Ask $14.61 Dividends $0.89
Top 10 Holdings
Barclays Bank Plc (—) 3.93%
Hsbc Hldgs Plc (—) 3.04%
Morgan Stanley Cap Tr Vii (MSZ) 2.96%
Wells Fargo & Co New (—) 2.91%
Hsbc Hldgs Plc (HSEA) 2.70%
Deutsche Bk Contingnt Cap Tr V (—) 2.62%
Gmac Cap Tr I (ALLYPRA) 2.27%
Citigroup Cap Xiii (CPRN) 2.20%
Ing Groep N V (—) 1.91%
Public Storage (PSAPRQ) 1.87%
% of Total Holdings 26.40%

Sector Breakdown

Geographic Breakdown

Best Fit Income Funds

See full rankings for Income Funds