Market Tracker

09/17 11:35am ET

PowerShares Build America Bond Portfolio (BAB)

29.40
Data as of 11:16am ET
 +0.097 / +0.33%
Today’s Change
26.83
Today|||52-Week Range
30.08
+7.72%
Year-to-Date
BAB Regular Dividend: BAB began trading ex-dividend on 09/15/14. A $0.1122 dividend will be paid to shareholders of record as of 09/17/14.

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-0.87% 3 years+6.70%
3 months+1.80% 5 years--
1 year+13.63% Since inception+8.98%
Data through 09/17/2014

Quote Details

Previous close$29.30
Open day’s range29.33 – 29.47
Net asset value (NAV)29.35 (09/16/2014)
Daily volume31,057
Average volume (3 months)112,350
Data as of 11:16am ET, 09/17/2014

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--1.03
Net assets$693.8M$349.5M
Average market cap----
Average P/E----
Dividend / Share--0.22%

Competitors

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

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%2.84%
-- Illinois St Go Bds 5.563%2.38%
-- California St Go Bds 7.5%2.35%
-- California St Go Bds 6.509%1.89%
-- Chicago Ill Brd Ed Go Bds 6.138%1.86%
-- Univ Tex Univ Revs Fing Sys 4.644%1.65%
-- California St Go Bds 7.6%1.54%
-- Illinois St Go Bds 6.9%1.53%
-- Municipal Elec Auth 7.055%1.49%
-- New Jersey St Transn Tr Fd Aut Tr 6.561%1.44%