PowerShares 1-30 Laddered Treasury Portfolio ETF(PLW)- NYSEARCA
PLW Description
The PowerShares 1-30 Laddered Treasury Portfolio (Fund) is based on the Ryan/Mergent 1-30 Year Treasury Laddered Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index. The Index measures the potential returns of the U.S. Treasury yield curve based on approximately 30 equally weighted U.S. Treasury issues with fixed coupons, scheduled to mature in a proportional, annual laddered structure. The Portfolio does not participate in Treasury Bills, Treasury Inflation Protected Securities (TIPS), or zero-coupon securities (STRIPS).
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Country: United States
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