Market Tracker

04/17 6:05pm ET

PowerShares Insured National Municipal Bond Portfolio (PZA)

24.20
Data as of Apr 17
 -0.05 / -0.21%
Today’s Change
22.35
Today|||52-Week Range
25.84
+5.40%
Year-to-Date
PZA Regular Dividend: PZA began trading ex-dividend on 04/15/14. A $0.0859 dividend will be paid to shareholders of record as of 04/17/14.

Investment Objective

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the BofA Merrill Lynch National Insured Long-Term Core Plus Municipal Securities Index (the "underlying index"). The fund generally invests at least 80% of its total assets in insured municipal securities that are exempt from federal income tax and that comprise the underlying index, and generally expects to so invest at least 90% of its total assets. Qualifying securities must have a remaining term of at least 15 years to final maturity.

Performance

1 month+1.45% 3 years+7.11%
3 months+3.95% 5 years+6.03%
1 year-1.63% Since inception+4.15%
Data through 04/18/2014

Quote Details

Previous close$24.25
Open day’s range24.18 – 24.25
Net asset value (NAV)24.15 (04/17/2014)
Daily volume125,358
Average volume (3 months)200,057
Data as of 3:59pm ET, 04/17/2014

Peer Comparisonvs. Muni national long ETFs

 PZACategory
Performance 5-yr return+6.03%+6.14%
Expense Gross exp ratio0.28%0.26%
Risk 5 year sharpe ratio1.010.96
Net assets$581.4M$413.7M
Average market cap--$288.3M
Average P/E----
Dividend / Share--0.08%

Competitors

TFI SPDR Nuveen Barclays Capital Municipal B...
MLN Market Vectors Long Municipal Index ETF

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Puerto Rico Comwlth Pub Impt 5%5.69%
-- Chicago Ill Wastewater Transmi Rev Bd 5%4.37%
-- Miami-Dade Cnty Fla Wtr & Swr Wtr Swr 5%3.82%
-- North Tex Twy Auth 5.75%3.04%
-- New Jersey St Transn Tr Fd Aut Tran 5.5%2.85%
-- Pittsburg Calif Uni Sch Dist 5.5%2.15%
-- New Jersey Health Care Facs Fi Rev 5.5%1.85%
-- Guam Pwr Auth 5%1.81%
-- Atlanta Ga Wtr & Waste Wtr Rev Rev 5.25%1.76%
-- Pennsylvania St Tpk Commn Tpk Rev Bds 5%1.60%