December 03, 2010 at 14:22 PM EST
Invesco PowerShares Provides Capital Gains Information for 2010

CHICAGO, IL -- (Marketwire) -- 12/03/10 -- Invesco PowerShares Capital Management LLC, a leading provider of exchange-traded funds (ETFs) with more than $50 billion in franchise assets, announced today that it expects to deliver zero long-term capital gains distributions across 109 of 112 equity and fixed-income ETFs for 2010.

The three PowerShares ETFs expected to make long-term capital gains distributions this year represent less than 0.2% of franchise assets. Two of the three listed below will see long-term capital gains distributions well under 1% of NAV per share. The remaining fund, the PowerShares Global Gold and Precious Metals Portfolio (PSAU), is expected to pay less than 2% of its NAV. "When you combine strong performance with the in-kind redemption restrictions that exist in hard-to-reach foreign markets, as is the case with PSAU, avoiding a capital gain distribution becomes very difficult," noted Ben Fulton, Invesco PowerShares managing director of ETFs.

Fund name and Ticker Symbol                        Long-Term Capital Gains
                                                   ($/share)
PowerShares Global Coal Portfolio (PKOL)           $0.21
PowerShares Global Gold and Precious Metals
 Portfolio (PSAU)                                  $0.66
PowerShares Active Low Duration Fund (PLK)         $0.04

Two additional funds, the PowerShares S&P 500 BuyWrite Portfolio (PBP) and the PowerShares CEF Income Composite Portfolio (PCEF), may pay capital gains this year.

PBP is unique in that it accounts for its gains or losses on its investments for federal income tax purposes on a daily mark-to-market basis.

Due to the unique characteristics of its underlying holdings, PCEF may make a capital gains distribution, but the data necessary to estimate the amount of any distribution will not be available until later this month.

The ex-date for the 2010 capital gains distributions is anticipated to be Tuesday, December 28, 2010. The record date is anticipated to be Thursday, December 30, 2010, and the pay date is anticipated to be Friday, December 31, 2010.

Invesco PowerShares Capital Management LLC is leading the Intelligent ETF Revolution® through its family of more than 148 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 $50 billion as of Sept. 30, 2010, PowerShares ETFs trade on both U.S. stock exchanges. For more information, please visit us at www.invescopowershares.com.

Invesco PowerShares is part of Invesco Ltd., a leading independent global investment manager, 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 20 countries, the company is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.

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 Funds are considered non-diversified and may be subject to greater risks than a diversified fund.

Invesco PowerShares does not offer tax advice. Please consult a tax advisor for advice regarding your specific situation.

Not FDIC Insured | May Lose Value | No Bank Guarantee

PowerShares® is a registered trademark of Invesco PowerShares Capital Management LLC (Invesco PowerShares). Invesco PowerShares Capital Management LLC and Invesco Distributors, Inc. are indirect, wholly owned subsidiaries of Invesco Ltd.

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 Shares.

Invesco Distributors, Inc. is the distributor of the PowerShares Exchange-Traded Fund Trust, the PowerShares Exchange-Traded Fund Trust II and the PowerShares Actively Managed Exchange-Traded Fund Trust.

An investor should consider the Funds' investment objectives, risks, charges and expenses. For this and more complete information about the Funds, call 800 983 0903 or visit invescopowershares.com for a prospectus. Please read the prospectus carefully before investing.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Media Contacts:
Kristin Sadlon
Porter Novelli
212-601-8192
Email Contact

Bill Conboy
303-415-2290
Email Contact

Related Stocks:
POWERSHARES 1-30 LADDERED TREASURY PORTFOLIO POWERSHARES ACTIVE U.S. REAL ESTATE FUND POWERSHARES AEROSPACE & DEFENSE PORTFOLIO POWERSHARES BUILD AMERICA BOND PORTFOLIO POWERSHARES BUYBACK ACHIEVERS PORTFOILIO POWERSHARES CEF INCOME COMPOSITE PORTFOLIO POWERSHARES CLEANTECH PORTFOLIO POWERSHARES DIVIDEND ACHIEVERS PORTFOLIO POWERSHARES DWA BASIC MATERIALS MOMENTUM PORTFOLIO POWERSHARES DWA CONSUMER CYCLICALS MOMENTUM PORTFOLIO POWERSHARES DWA CONSUMER STAPLES MOMENTUM PORTFOLIO POWERSHARES DWA DEVELOPED MARKETS MOMENTUM PORTFOLIO POWERSHARES DWA EMERGING MARKETS MOMENTUM PORTFOLIO POWERSHARES DWA ENERGY MOMENTUM PORTFOLIO POWERSHARES DWA FINANCIAL MOMENTUM PORTFOLIO POWERSHARES DWA HEALTHCARE MOMENTUM PORTFOLIO POWERSHARES DWA INDUSTRIALS MOMENTUM PORTFOLIO POWERSHARES DWA MOMENTUM PORTFOLIO POWERSHARES DWA NASDAQ MOMENTUM PORTFOLIO POWERSHARES DWA TECHNOLOGY MOMENTUM PORTFOLIO POWERSHARES DWA UTILITIES MOMENTUM PORTFOLIO POWERSHARES DYNAMIC BIOTECHNOLOGY & GENOME PORTFOLIO POWERSHARES DYNAMIC BUILDING & CONSTRUCTION PORTFOLIO POWERSHARES DYNAMIC ENERGY EXPLORATION & PRODUCTION PORTFOLIO POWERSHARES DYNAMIC FOOD & BEVERAGE POWERSHARES DYNAMIC LARGE CAP GROWTH PORTFOLIO POWERSHARES DYNAMIC LARGE CAP VALUE PORTFOLIO POWERSHARES DYNAMIC LEISURE & ENTERTAINMENT PORTFOLIO POWERSHARES DYNAMIC MARKET PORTFOLIO POWERSHARES DYNAMIC MEDIA PORTFOLIO POWERSHARES DYNAMIC NETWOKING PORTFOLIO POWERSHARES DYNAMIC OIL SVCS PORTFOLIO POWERSHARES DYNAMIC PHARMACEUTICALS PORTFOLIO POWERSHARES DYNAMIC RETAIL PORTFOLIO POWERSHARES DYNAMIC SEMICONDUCTORS PORTFOLIO POWERSHARES DYNAMIC SOFTWARE PORTFOLIO POWERSHARES EMERGING INFRASTRUCTURE PORTFOLIO POWERSHARES EMERGING MARKETS SOVEREIGN DEBT PORTFOLIO POWERSHARES FINANCIAL PREFERRED PORTFOLIO POWERSHARES FTSE RAFI ASIA PACIFIC EX-JAPAN PORTFOLIO POWERSHARES FTSE RAFI DEVELOPED MARKETS EX-U.S.PORTFOLIO POWERSHARES FTSE RAFI US 1000 PORTFOLIO POWERSHARES FUNDAMENTAL HIGH YIELD CORPORATE BOND PORTFOLIO POWERSHARES FUNDAMENTAL PURE LARGE CORE PORTFOLIO POWERSHARES FUNDAMENTAL PURE MID CORE PORTFOLIO POWERSHARES FUNDAMENTAL PURE MID GROWTH PORTFOLIO POWERSHARES FUNDAMENTAL PURE MID VALUE PORTFOLIO POWERSHARES FUNDAMENTAL PURE SMALL CORE PORTFOLIO POWERSHARES FUNDAMENTAL PURE SMALL GROWTH PORTFOLIO POWERSHARES FUNDAMENTAL PURE SMALL VALUE PORTFOLIO POWERSHARES GB GOLD POWERSHARES GLOBAL CLEAN ENERGY PORTFOLIO POWERSHARES GLOBAL LISTED PRIVATE EQUITY PORTFOLIO POWERSHARES GLOBAL WATER PORTFOLIO POWERSHARES GOLDEN DRAGON CHINA PORTFOLIO POWERSHARES HIGH YIELD EQUITY DIVIDEND ACHIEVERS PORTFOLIO POWERSHARES INDIA PORTFOLIO POWERSHARES INSURED CALIFORNIA MUNICIPAL BOND PORTFOLIO POWERSHARES INSURED NATIONAL MUNICIPAL BOND PORTFOLIO POWERSHARES INSURED NEW YORK MUNICIPAL BOND PORTFOLIO POWERSHARES INTERNATIONAL CORPORATE BOND PORTFOLIO POWERSHARES INTERNATIONAL DIVIDEND ACHIEVERS PORTFOLIO POWERSHARES KBW HIGH DIVIDEND YIELD FINANCIAL PORTFOLIO POWERSHARES KBW PREMIUM YIELD EQUITY REIT PORTFOLIO POWERSHARES KBW PROPERTY & CASUALTY INSURANCE PORTFOLIO POWERSHARES PREFERRED PORTFOLIO POWERSHARES S&P 500 BUYWRITE PORTFOLIO POWERSHARES S&P INTERNATIONAL DEVELOPED HIGH QUALITY PORTFOLIO POWERSHARES VRDO TAX FREE WEEKLY PORTFOLIO POWERSHARES WATER RESOURCE PORTFOLIO POWERSHARES WILDERHILL CLEAN ENERGY PORTFOLIO POWERSHARES WILDERHILL PROGRESSIVE ENERGY PORTIFOLIO POWERSHARES ZACKS MICRO CAP PORTFOLIO POWERSHS GLBL AGRI POWERSHS S&P SC FIN POWERSHS S&P SC HLT POWERSHS S&P SC IND POWERSHS S&P SC INF POWERSHS S&P SC MAT POWERSHS S&P SC UTL PWRSH NASDAQ INTRNT PWRSHS S&P SC CNSMR PWRSHS S&P SC CNSMR PWRSHS S&P SC ENRGY PWRSHS US 1500 SMLL S&P 500 HIGH QUALITY PORTFOLIO
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here