PowerShares FTSE RAFI US 1500 Small-Mid Portfolio is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield of the FTSE RAFI U.S. 1500 Small-Mid Index (the Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index comprises approximately 1,485 United States stocks. The Index is designed to track the performance of small and medium-sized United States companies. As of Apr 30 2013, the Fund had total assets of $603,714,913 and a total investment portfolio of $602,991,581. The PRFZ YTD return is shown above.
The YTD Return on the PRFZ YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether PRFZ YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the PRFZ YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
|