Invesco PowerShares Provides Estimated Long-Term Capital Gains Information for 2012
December 18 2012 - 11:55AM
Marketwired
Invesco PowerShares Capital Management LLC, a leading global
provider of exchange-traded funds (ETFs), announced today that it
expects to deliver zero long-term capital gains distributions
across 120 of 123 equity and fixed-income ETFs for 2012.
"At Invesco PowerShares we are proud of our product line's tax
efficient track record," said Ben Fulton, Invesco PowerShares
managing director of global ETFs. "For the tenth consecutive year,
we are pleased that the vast majority of PowerShares ETFs did not
deliver capital gains distributions. This accomplishment highlights
one of the many advantages ETFs can potentially provide
shareholders seeking to maximize real returns."
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Estimated Distribution (per
Portfolio Name Ticker share)
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PowerShares S&P 500 BuyWrite Portfolio PBP $0.13 - $0.16
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PowerShares 1-30 Laddered Treasury
Portfolio PLW $0.001 - $0.003
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PowerShares Active Low Duration Fund PLK $0.045 - $0.075
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The three PowerShares ETFs expected to make capital gains
distributions this year represent less than 1% of franchise assets.
The funds are expected to see long-term capital gains distributions
under 1% of NAV per share.
The ex-date for the 2012 capital gains distributions is
anticipated to be Monday, December 24, 2012.
The record date is anticipated to be Thursday, December 27, 2012, and the pay date is anticipated to
be Monday, December 31, 2012.
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 over $74 billion as of Sept
30, 2012, PowerShares ETFs trade on both U.S. 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 retail,
institutional and high net worth 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.
Not FDIC Insured | May Lose Value | No Bank Guarantee
Note: Not all products available through all firms
While it is not Invesco PowerShares intention, there is no
guarantee that the Funds will not distribute capital gains to its
shareholders.
Invesco Distributors, Inc. is the distributor
of the PowerShares Actively Managed Exchange-Traded Fund
Trust.
PowerShares® is a registered trademark of Invesco PowerShares
Capital Management LLC. Invesco PowerShares Capital Management LLC
and Invesco Distributors, Inc. are indirect, wholly owned
subsidiaries of Invesco Ltd.
An investor should consider the Fund's
investment objective, risks, charges and expenses carefully before
investing. The prospectus contains this and other information about
the Fund. For this and more complete information about the Fund
call 800 983 0903 or visit invescopowershares.com for a prospectus.
Please read the prospectus carefully before investing.
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