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