PowerShares VRDO Tax-Free Weekly
Map
Phone: 800-983-0903
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| The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Thomson Municipal Market Data VRDO index.
The fund invests at least 80% of assets in variable rate demand obligation bonds that are exempt from federal income tax with interest rates that are reset weekly. It reserves the right to invest up to 20% of assets in certain futures, options and swap contracts, cash and cash equivalents. The fund invests at least 80% of assets in the securities that comprise the Thomson Municipal Market Data VRDO index. It is nondiversified. |
| | PVI | Category Avg. | | Total Expense Ratio | N/A | N/A | | Annual Holdings Turnover | N/A | 28.5 | | Total Net Assets | 147.77M | 117.25M |
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