Market Tracker

08/01 6:05pm ET

PowerShares Build America Bond Portfolio (BAB)

29.52
Data as of Aug 01
 +0.14 / +0.48%
Today’s Change
26.80
Today|||52-Week Range
29.65
+8.17%
Year-to-Date

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+0.47% 3 years+8.05%
3 months+3.12% 5 years--
1 year+10.53% Since inception+9.14%
Data through 08/01/2014

Quote Details

Previous close$29.38
Open day’s range29.35 – 29.55
Net asset value (NAV)29.46 (07/31/2014)
Daily volume101,944
Average volume (3 months)101,455
Data as of 3:58pm ET, 08/01/2014

Peer Comparisonvs. Long-term bond ETFs

 BABCategory
Performance 5-yr return--+9.50%
Expense Gross exp ratio0.28%0.26%
Risk 5 year sharpe ratio--1.07
Net assets$675.5M$286.7M
Average market cap----
Average P/E----
Dividend / Share--0.22%

Competitors

ILTB iShares Core Long-Term USD Bond ETF
BABS SPDR Nuveen Barclays Build America Bond ...
BLV Vanguard Long-Term Bond ETF

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- North Tex Twy Auth 8.91%2.93%
-- Illinois St Go Bds 5.563%2.49%
-- California St Go Bds 7.5%2.38%
-- Chicago Ill Brd Ed Go Bds 6.138%1.97%
-- California St Go Bds 6.509%1.88%
-- Univ Tex Univ Revs Fing Sys 4.644%1.67%
-- Illinois St Go Bds 6.9%1.61%
-- Municipal Elec Auth 7.055%1.53%
-- New Jersey St Transn Tr Fd Aut Tr 6.561%1.46%
-- Chicago Ill O Hare Intl Arpt R Ge 6.395%1.35%