Market Tracker

12/19 11:01pm ET

PowerShares Build America Bond Portfolio (BAB)

30.40
Data as of Dec 19
 +0.12 / +0.40%
Today’s Change
27.27
Today|||52-Week Range
30.92
+11.40%
Year-to-Date
BAB Regular Dividend: BAB began trading ex-dividend on 12/15/14. A $0.1163 dividend will be paid to shareholders of record as of 12/17/14.

Investment Objective

The investment seeks investment results that generally correspond to the price and yield (before fees and expenses) of the BofA Merrill Lynch Build America Bond Index. The fund generally invests at least 80% of its total assets in taxable municipal securities eligible to participate in the Build America Bond program created under the American Recovery and Reinvestment Act of 2009 (the "Act") or other legislation providing for the issuance of taxable municipal securities on which the issuer receives federal support of the interest paid ("Build America Bonds") and that comprise the underlying index.

No recent news for PowerShares Build America Bond Portfolio.

Performance

1 month+2.38% 3 years+6.75%
3 months+3.94% 5 years+9.77%
1 year+15.10% Since inception+9.39%
Data through 12/20/2014

Quote Details

Previous close$30.28
Open day’s range30.05 – 30.41
Net asset value (NAV)30.24 (12/19/2014)
Daily volume96,117
Average volume (3 months)128,960
Data as of 3:59pm ET, 12/19/2014

Peer Comparisonvs. Long-term bond ETFs

 BABCategory
Performance 5-yr return+9.77%+7.97%
Expense Gross exp ratio0.28%0.21%
Risk 5 year sharpe ratio1.351.16
Net assets$718.5M$488.1M
Average market cap----
Average P/E----
Dividend / Share--0.22%

Competitors

BLV Vanguard Long-Term Bond Index Fund ETF S...
BABS SPDR┬« Nuveen Barclays Build America Bon...
ILTB iShares Core Long-Term USD Bond ETF

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- California St Go Bds 7.5%3.63%
-- North Tex Twy Auth 8.91%2.79%
-- Illinois St Go Bds 5.563%2.31%
-- California St Go Bds 6.509%1.86%
-- Chicago Ill Brd Ed Go Bds 6.138%1.79%
-- California St Go Bds 7.6%1.72%
-- Univ Tex Univ Revs Fing Sys 4.644%1.61%
-- Municipal Elec Auth 7.055%1.51%
-- Illinois St Go Bds 6.9%1.48%
-- Texas Transn Commn St Hwy Fd R Re 5.178%1.47%