QUOTE AND NEWS
SeekingAlpha  Jul 8  Comment 
By Nathan Buehler: Thesis: PowerShares S&P 500 BuyWrite Portfolio ETF (PBP) is a suitable buy and hold investment that has a proven track record and solid dividend history. This could be an attractive addition to your dividend portfolio. While...
DailyFinance  Jan 22  Comment 
LAVAL, QUEBEC -- (Marketwired) -- 01/22/14 -- ProMetic Life Sciences Inc. (TSX:PLI)(OTCQX:PFSCF), ("ProMetic" or the "Corporation") announced today the achievement of the second manufacturing milestone related to its strategic agreement...
DailyFinance  Dec 11  Comment 
- First production run at commercial scale performedLAVAL, QUEBEC -- (Marketwired) -- 12/11/13 -- ProMetic Life Sciences Inc. (TSX: PLI)(OTCQX: PFSCF), ("ProMetic" or the "Corporation") is proud to announce that it has achieved a major corporate...
Forbes  May 2  Comment 
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the S&P 500 BuyWrite Portfolio (AMEX: PBP) where we have detected an approximate $13.8 million dollar outflow -- that's a...
Forbes  Mar 15  Comment 
In trading on Friday, shares of the S&P 500 BuyWrite Portfolio ETF (AMEX: PBP) crossed below their 200 day moving average of $20.37, changing hands as low as $20.32 per share. S&P 500 BuyWrite Portfolio shares are currently trading off about 0.1%...
Forbes  May 1  Comment 
The S&P 500 BuyWrite Portfolio ETF (PBP) is seeing unusually high volume in afternoon trading
Wall Street Sector Selector  Jan 5  Comment 
For those who may have a touch of acrophobia, prefer their hikes to put less stress on their cardiovascular system and want a portfolio that matches the way they wish to experience the world, covered calls or buy-write strategies might be the answer.
Wall Street Sector Selector  Jun 10  Comment 
NYSE:XIV, NYSE:PBP, NYSE:BWV, NYSE:BDCL, NYSE:BGZ, NYSE:BGU, NYSE:IWB, NYSE:FSG, NYSE:FSE
Wall Street Sector Selector  Dec 22  Comment 
When rattling off the advantages that ETFs hold compared to traditional actively-managed mutual funds, most investors usually start with the issue of expenses. The easiest comparison to make(...)Read the rest of ETF Tax Efficiency Report Card...
Random Roger's Big Picture  Jan 7  Comment 
I am a big fan of the buy write index and put write index and have been for a while. I own some shares of the PowerShares S&P 500 Buy Write ETF (PBP) and I use it for some clients where for whatever reason 40 stocks is not the best...




 
TOP CONTRIBUTORS

S&P 500 BuyWrite Portfolio ETF (PBP)

Overview

The PowerShares S&P 500 BuyWrite Portfolio (Fund) is based on the CBOE S&P 500 BuyWrite Index (Index). The Fund will normally invest at least 80% of its total assets in common stocks of the 500 companies included in the S&P 500® Index and will write (sell) call options thereon. The Index measures the total rate of return of an S&P 500® covered call strategy. This strategy consists of holding a portfolio indexed to the S&P 500® (Reference Index) and selling a succession of written options, each with an exercise price at or above the prevailing price level of the S&P 500®. The CBOE S&P 500 BuyWrite Index provides a benchmark measure of the total return performance of this hypothetical strategy. Dividends paid on the component stocks underlying the S&P 500® and the dollar value of option premiums received from written options are reinvested.

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Fund Information

  • Fund Manager - Invesco PowerShares
  • Inception Date - 12/20/2007
  • Exchange – NYSE Arca
  • Index Ticker – PBP
  • Intra-day NAV Ticker – PBP.IV
  • Expense Ratio - 0.75%

Top Holdings

Holdings % of Portfolio
Exxon Mobil Corp. 3.71%
Microsoft Corp. 2.42%
Procter & Gamble Co. 1.91%
Johnson & Johnson 1.86%
General Electric Co. 1.79%
Apple Inc. 1.77%
International Business Machines Corp. 1.74%
AT&T Inc. 1.73%
JPMorgan Chase & Co. 1.70%
Bank of America Corp. 1.65%
Holdings as of 12/07/2009

Other S&P 500 ETFs

ETF Name Fund Manager Expense Ratio
CBOE S&P 500 BuyWrite Index ETN (BWV)Barclays Bank0.75%
S&P 500 BuyWrite Portfolio ETF (PBP)Invesco PowerShares0.75%
iShares S&P 500 Growth Index Fund (IVW)ishares0.18%
iShares S&P 500 Index Fund (IVV)ishares0.09%
iShares S&P 500 Value Index Fund (IVE)ishares0.18%
ProShares Short S&P 500 ETF (SH)InvescoPoweshares0.95%
ProShares Ultra S&P 500 ETF (SSO)InvescoPoweshares0.95%
ProShares UltraShort S&P 500 ETF (SDS)ProShares ETFs0.91%
ProShares UltraShort S&P 500 ETF (SDS)ProShares ETFs0.91%
Rydex 2x S&P 500 ETF (RSU)Rydex ETF Trust0.70%
Rydex Inverse 2x S&P 500 ETF (RSW)Rydex ETF Trust0.70%
Rydex Inverse 2x S&P 500 ETF (RSW)Rydex ETF Trust0.70%
Rydex S&P 500 Pure Growth ETF (RPG)Rydex ETF Trust0.35%
Rydex S&P 500 Pure Value ETF (RPV)Rydex ETF Trust0.35%
SPDR S&P 500 ETF (SPY)State Street Global Markets, LLC0.10%
iShares S&P 500 ETF (IUSA-LSE)iShares0.40%

References

  1. - Overview of S&P 500 BuyWrite Portfolio ETF (PBP)
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