02.12.2016 15:00:00
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PowerShares Provides Estimated Capital Gains Information for 2016
DOWNERS GROVE, Ill., Dec. 2, 2016 /PRNewswire/ -- Invesco (NYSE: IVZ), a leading global provider of exchange-traded funds (ETFs), announced today that it expects to deliver capital gains distributions across only three of its broad lineup of ETFs*.
These Funds include:
Ticker | Fund Name | Estimated (per share) Short-Term Gains | Estimated (per share) Long-Term Gains | Total Estimated (per share) |
PBP | PowerShares S&P 500 BuyWrite Portfolio | $0.170 - $0.190 | $0.000 - $0.000 | $0.170 - $0.190 |
PSCF | PowerShares S&P SmallCap Financials Portfolio | $0.050 - $0.060 | $0.140 - $0.190 | $0.190 - $0.250 |
PSCU | PowerShares S&P SmallCap Utilities Portfolio | $1.150 - $2.000 | $0.000 - $0.000 | $1.150 - $2.000 |
*Estimated capital gains and Funds information presented here is not final; these are initial estimates based upon shares outstanding as of November 28, 2016, and are subject to change as PowerShares calculations are finalized.
The ex-date for the 2016 capital gains distributions is will be Tuesday, December 27, 2016. The record date is will be Thursday, December 29, 2016, and the payable date is will be Friday, December 30, 2016.
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
Invesco is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. NYSE: IVZ; www.invesco.com.
About PowerShares by Invesco
PowerShares by Invesco is leading the Intelligent ETF Revolution® through its family of more than 140 domestic and international PowerShares exchange-traded funds (ETFs). PowerShares ETFs seek to outperform traditional benchmark indexes while providing advisors and investors access to an innovative array of focused investment opportunities. PowerShares has US franchise assets exceeding $105 billion as of September 30, 2016. For more information, please visit us at powershares.com or follow us on Twitter @PowerShares.
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.
Investments focused in a particular industry or sector are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.
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 (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.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/powershares-provides-estimated-capital-gains-information-for-2016-300372052.html
SOURCE Invesco PowerShares Capital Management LLC
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