PowerShares S&P 500 BuyWrite Portfolio (PBP)

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Best Fit Long/Short Equity Funds ETFs

U.S. News evaluated 12 Long/Short Equity Funds ETFs and 1 makes 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 Typical
Tracking Error Good
Bid/Ask Ratio Excellent
Holdings Diversity Excellent

Fund Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the CBOE S&P 500 BuyWrite IndexTM. The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index and will write (sell) call options thereon. The underlying index measures total returns of a theoretical portfolio that includes S&P 500 Index stocks on which S&P 500 Index call options are written (sold) systematically against the portfolio through a "buy-write" strategy.

Fund Snapshot Updated 04.16.2014

Previous Close $21.14 Expense Ratio 0.75%
YTD Return 2.00% Avg. 30-Day Volume 135,171
1-Year Return 9.5% Market Cap Loading...
Bid $21.13 Shares Outstanding 12,250,000
Ask $21.15 Dividends $1.35
Top 10 Holdings
Apple Inc (AAPL) 2.80%
Exxon Mobil Corp (XOM) 2.60%
Microsoft Corp (MSFT) 1.84%
Johnson & Johnson (JNJ) 1.68%
General Electric Co (GE) 1.58%
Wells Fargo & Co New (WFC) 1.42%
Chevron Corp New (CVX) 1.40%
Berkshire Hathaway Inc Del (BRK.B) 1.37%
Procter & Gamble Co (PG) 1.33%
Jpmorgan Chase & Co (JPM) 1.26%
% of Total Holdings 17.30%

Sector Breakdown

Geographic Breakdown

Best Fit Long/Short Equity Funds

See full rankings for Long/Short Equity Funds