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Powershares Dividend Achievers Portfolio ETF (PFM) |
more ▼WIKI ANALYSIS
WIKI ANALYSIS
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This article describes an exchange traded fund that tracks an index, commodity, currency, or varied basket of securites. View articles referencing this fund. |
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Powershares Dividend Achievers Portfolio ETF (PFM)
Overview
The PowerShares Dividend Achiever Portfolio (Fund) is based on the Broad Dividend Achiever Index (Index). The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise Index. The Index is designed to identify a diversified group of dividend paying companies. These companies have increased their annual dividend for ten or more consecutive fiscal years. The portfolio is rebalanced quarterly and reconstituted annually. [1]
Fund Information
- Fund Manager - Invesco PowerShares
- Inception Date - 09/15/2005
- Exchange – NYSE Arca
- Index Ticker – PFM
- Intra-day NAV Ticker – PFM.IV
- Expense Ratio - 0.50%
Top Holdings
| Holdings | % of Portfolio |
| Wal-Mart Stores Inc. | 5.04% |
| Procter & Gamble Co. | 4.99% |
| Exxon Mobil Corp. | 4.77% |
| Johnson & Johnson | 4.70% |
| General Electric Co. | 4.66% |
| International Business Machines Corp. | 4.62% |
| Chevron Corp. | 4.33% |
| AT&T Inc. | 4.26% |
| Pfizer Inc. | 3.98% |
| Wells Fargo & Co. | 3.62% |
Holdings as of 16/11/2009
Other Dividend ETFs
References
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