Description: The PowerShares Preferred Portfolio is based on The BofA Merrill Lynch Core Plus Fixed Rate Preferred Securities Index. The Fund will normally invest at least 80% of its total assets in fixed rate US dollar-denominated preferred securities that comprise the Index. The Index tracks the performance of fixed rate US dollar-denominated preferred securities issued in the US domestic market. (Securities must be rated at least B3, based on an average of three leading ratings agencies: Moodyâs, S&P and Fitch) and must have an investment-grade country risk profile (based on an average of Moodyâs, S&P and Fitch foreign currency long-term sovereign debt ratings). The Fund and the Index are rebalanced and reconstituted on a monthly basis.
Home Page: www.invesco.com/static/us/productdetail?productId=PGX&productType=ETF
PGX Technical AnalysisExchange: NYSE ARCA
Country: US : United States of America
Currency: US Dollar ($)
Category: Preferred Stock
Asset Allocation | |||
---|---|---|---|
Asset Class | Long % | Short % | Net Assets |
NotClassified | 98.95 | 0.00 | 98.95 |
Other | 0.68 | 0.00 | 0.68 |
Cash | 0.37 | 0.00 | 0.37 |
Sector Weights | ||
---|---|---|
Sector | Equity % | Relative to Category |
World Regions | ||
---|---|---|
Region | Equity % | Relative to Category |
North America | 0.00 | 93.44 |
United Kingdom | 0.00 | 6.56 |