PowerShares High Yield Equity Dividend Achievers Portfolio is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield of the NASDAQ Dividend Achievers 50 Index (the Index). The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends. The Fund generally will invest at least 90% of its total assets in common stocks of companies that have a consistent record of dividend increases and that comprise the Index. As of Apr 30 2013, the Fund's total assets were $339,821,950 and the Fund's investments portfolio was valued at $323,333,443. The PEY stock yearly return is shown above.
The yearly return on the PEY stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2018 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the PEY annual return calculation with any dividends reinvested as applicable (on ex-dates).
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