DOWNERS GROVE, Ill., Nov. 24, 2015 /PRNewswire/ -- Invesco PowerShares Capital Management, LLC, a leading global provider of exchange-traded funds (ETFs), announced today that it expects to deliver capital gains distributions across 10 of 138 ETFs*.
Long-term capital gains distributions are expected to be below 1% of net asset value (NAV) per share for all but one of the following Funds. These Funds include:
|
Ticker
|
Fund Name
|
Estimated
Distribution
(per share)
Short-Term Gains
|
Estimated
Distribution
(per share)
Long-Term Gains
|
Total Estimated
Distribution
(per share)
|
|
PJP
|
PowerShares Dynamic
Pharmaceuticals Portfolio
|
$1.700 - $1.850
|
$1.550 - $1.750
|
$3.250 - $3.600
|
|
PBP
|
PowerShares S&P 500 BuyWrite
Portfolio
|
$0.300 - $0.400
|
$0.030 - $0.070
|
$0.330 - $0.470
|
|
PSCF
|
PowerShares S&P SmallCap
Financials Portfolio
|
$0.020 - $0.060
|
$0.020 - $0.061
|
$0.040 - $0.121
|
|
PSR
|
PowerShares Active U.S. Real
Estate Fund
|
$0.330 - $0.430
|
$0.400 - $0.500
|
$0.730 - $0.930
|
|
KBWI
|
PowerShares KBW Insurance
Portfolio
|
$0.180 - $0.300
|
$0.010 - $0.030
|
$0.190 - $0.330
|
|
KBWP
|
PowerShares KBW Property &
Casualty Insurance Portfolio
|
$0.015 - $0.030
|
$0.010 - $0.030
|
$0.025 - $0.060
|
|
LDRI
|
PowerShares LadderRite 0-5 Year
Corporate Bond Portfolio
|
$0.020 - $0.050
|
$0.000 - $0.010
|
$0.020 - $0.060
|
|
FXEP
|
PowerShares Developed
EuroPacific Currency Hedged Low
Volatility Portfolio
|
$0.010 - $0.021
|
$0.020 - $0.032
|
$0.030 - $0.053
|
|
FXJP
|
PowerShares Japan Currency
Hedged Low Volatility Portfolio
|
$0.020 - $0.043
|
$0.040 - $0.065
|
$0.060 - $0.108
|
|
CHNA**
|
PowerShares China A-Share
Portfolio
|
$14.000 - $15.000
|
-
|
$14.000 - $15.000
|
*Estimated capital gains and Funds information presented here is not final; these are initial estimates based upon shares outstanding as of November 20, 2015, and are subject to change as PowerShares calculations are finalized.
**CHNA invests in futures contracts collateralized by money market funds. Any change in futures, such as a rebalance or roll, generates a taxable event to the Fund. CHNA's distribution is driven by the Fund's total return for the year ended October coupled with its futures-based investment strategy.
The ex-date for the 2015 capital gains distributions is will be Thursday, December 24, 2015. The record date is will be Tuesday, December 29, 2015, and the payable date is will be Thursday, December 31, 2015.
Invesco PowerShares provides a number of resources and a broad menu of ETF investment solutions to assist investors as they consider year-end tax management strategies with their advisors. Please visit the PowerShares Tax Center at http://pwr.sh/tax for more information. Invesco PowerShares does not offer tax advice. Please consult your tax adviser for information regarding your own personal tax situation.
About Invesco PowerShares Capital Management LLC and Invesco, Ltd.
Invesco PowerShares Capital Management LLC is leading the Intelligent ETF Revolution® through its family of more than 140 domestic and international exchange-traded funds, which seek to outperform traditional benchmark indexes while providing advisors and investors access to an innovative array of focused investment opportunities. With franchise assets of nearly $100 billion as of October 2, 2015. PowerShares ETFs trade on both US stock exchanges. For more information, please visit us at invescopowershares.com or follow us on Twitter @PowerShares.
Invesco Ltd. is a leading independent global investment management firm, dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our clients around the world. Operating in more than 20 countries, the firm is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.
Important Risk Information
There are risks involved with investing in ETFs, including possible loss of money. Index-based ETFs are not actively managed. Actively managed ETFs do not necessarily seek to replicate the performance of a specified index. Both index-based and actively managed ETFs are subject to risks similar to stocks, including those related to short selling and margin maintenance. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Index.
Shares are not individually redeemable and owners of the Shares may acquire those Shares from the Funds and tender those shares for redemption to the Funds in Creation Unit aggregations only, typically consisting of 50,000, 75,000, 100,000 or 200,000 Shares.
PowerShares® is a registered trademark of Invesco PowerShares Capital Management LLC, investment adviser. Invesco PowerShares Capital Management LLC (Invesco PowerShares) and Invesco Distributors, Inc., ETF distributor, are indirect, wholly owned subsidiaries of Invesco Ltd.
Before investing, investors should carefully read the prospectus/summary prospectus and carefully consider the investment objectives, risks, charges and expenses. For this and more complete information about the Fund call 800 983 0903 or visit invescopowershares.com for the prospectus/summary prospectus.
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SOURCE Invesco PowerShares Capital Management LLC