Description: The PowerShares S&P 500 BuyWrite Portfolio (Fund) is based on the CBOE S&P 500 BuyWrite IndexTM (Index). The Fund generally will invest at least 90% of its total assets in securities that comprise the Index, including at least 80% of its total assets in common stocks of the 500 companies included in the S&P 500® Index and will write (sell) call options thereon. The Index measures the total rate of return of an S&P 500 covered call strategy. This strategy consists of holding a portfolio indexed to the S&P 500 (Reference Index) and selling a succession of written options, each with an exercise price at or above the prevailing price level of the S&P 500. Dividends paid on the component stocks underlying the S&P 500 and the dollar value of option premiums received from written options are reinvested. The Fund and the Index are rebalanced and reconstituted quarterly.
Home Page: www.invesco.com/static/us/productdetail?productId=PBP&productType=ETF
PBP Technical AnalysisExchange: NYSE ARCA
Country: US
Currency: US Dollar ($)
Category: Derivative Income
Asset Allocation | |||
---|---|---|---|
Asset Class | Long % | Short % | Net Assets |
Stock US | 101.02 | 0.00 | 101.02 |
Cash | 0.06 | 0.00 | 0.06 |
Stock non-US | 1.14 | 2.23 | -1.09 |
Sector Weights | ||
---|---|---|
Sector | Equity % | Relative to Category |
Technology | 22.63 | 24.81 |
Healthcare | 15.71 | 14.53 |
Financial Services | 14.20 | 12.12 |
Consumer Cyclicals | 9.63 | 10.79 |
Industrials | 9.11 | 9.41 |
Consumer Defensive | 7.65 | 8.40 |
Communication Services | 7.44 | 8.38 |
Energy | 5.15 | 4.44 |
Utilities | 3.16 | 3.20 |
Real Estate | 2.82 | 1.75 |
Basic Materials | 2.50 | 2.16 |
World Regions | ||
---|---|---|
Region | Equity % | Relative to Category |
North America | 98.88 | 91.32 |
United Kingdom | 0.56 | 2.75 |
Europe Developed | 0.52 | 3.93 |
Asia Developed | 0.03 | 0.55 |
Japan | 0.00 | 0.69 |
Australasia | 0.00 | 0.16 |
Asia Emerging | 0.00 | 0.40 |
Latin America | 0.00 | 0.19 |
Africa/Middle East | 0.00 | 0.02 |