PBP

Powershares S&P 500 BuyWrite Portfolio
C

52
  • Overview
  • Efficiency
  • Tradability
  • Fit

PBP Fund Description

The PowerShares S&P 500 BuyWrite Portfolio tracks an index of covered calls on the S&P 500.

PBP Factset Analytics Insight

PBP writes covered calls on its portfolio of S&P 500 securities, an options strategy which increases the yield substantially but also limits potential upside. By writing options on the securities held in the portfolio, PBP adds income from call premiums at the expense of upside, so returns have differed greatly from those of our benchmark. Its exposure looks pretty marketlike, with a very slight midcap tilt and minute sector bets versus our large-cap benchmark. While PBP tends to perform well in bear markets, its inability to capture upside has spelled bad news during the recovery from 2008. While far from the most liquid option in the space, the fund sees reasonable volume, albeit at significant spreads. Institutions will have an easier time thanks to the highly liquid large-cap basket. PBP charges a stiff fee for the large-cap space, but justifies it somewhat with tight tracking.

PBP MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of November 21, 2017 the Powershares S&P 500 BuyWrite Portfolio MSCI ESG Fund Quality Score is 5.16 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. PBP ranks in the 67th percentile within its peer group and in the 42nd percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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PBP Top 10 Countries

PBP Top 10 Sectors

PBP Top 10 Holdings View All

PBP Summary Data

PowerShares
12/20/07
Open-Ended Fund
0.75%
$335.66M
$1.41M
0.16%

PBP Portfolio Data

$175.37B
24.34
3.19
5.73%
12/15/17
500

PBP Index Data

Fixed
Fixed
MSCI USA Large Cap

Related ETFs to PBP

BWV, QYLD, HSPX, PUTW
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

PBP Portfolio Management

0.75%
-0.87%
-0.64%
-1.07%

PBP Tax Exposures

20% / 39.6%
--
Qualified dividends
No

PBP Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
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BIDS----
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LAST 10 TRADES
TIMEPRICESHARES
15:59:3022.62300
15:59:3022.61100
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Bats BZX Real-time Quote - 18:24:08
Daily Spread
Premium/Discount
Volume

PBP Factset Analytics Block Liquidity

As of 11/22/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of PBP. PBP is rated a 5 out of 5.

PBP Tradability

63,006
$1.41M
42,733
$956.49K
0.16%
$0.04
0.1%
2.4% / -0.43%
None
100%
50,000
0.85
0.18%
0%
--
$22.57
5

PBP Sector/Industry BreakdownView All

PBPSegment Benchmark
24.25% 23.03%
16.34% 17.46%
14.88% 14.03%
12.06% 12.26%
9.51% 10.42%
6.28% 5.93%
2.61% 3.11%
1.51% 2.24%

PBP Geographic Exposure

PBPSegment Benchmark
99.94% 99.94%
0.06% 0.06%

PBPSegment Benchmark
99.94% 99.94%
0.06% 0.06%
0.00% / 0.00% 0.00% / 0.00%

PBP Performance Statistics

0.69
0.48
0.4
0.58
0.3%
MSCI USA Large Cap

PBP MSCI ESG Ratings

5.16 / 10
67.24
42.08
13.55%
6.57%
206.69

PBP BENCHMARK COMPARISON

    PBP
    500 Holdings
    Segment Benchmark
    302 Constituents
    Shared Holdings
    293 (Count)
     
    88.49% (Weight)
PBPSegment Benchmark
191.86 B 175.37 B
99.59% 93.93%
0.41% 6.07%
0.00% 0.00%
0.00% 0.00%
1.92% 1.89%
Low Low