Powershares Buywrite: Portfolio

: Heavy concentration in Technology (33.56%) , Financial Services (12.35%) , and Communication Services (10.48%) .

The (Ticker: PBP ), formerly known under the PowerShares brand, is a passively managed exchange-traded fund designed to provide exposure to the S&P 500 while generating income through a "buy-write" (covered call) strategy. Core Strategy powershares buywrite portfolio

: Because it sells call options, its potential gains are limited during strong bull markets; if the S&P 500 rises significantly, the fund may underperform the broader index. : Heavy concentration in Technology (33

: The fund is typically optimized for neutral to moderately bullish markets where large price increases are not expected. : The fund is typically optimized for neutral

: Approximately 0.29% , which is notably lower than many active derivative income funds.

: Has recently shown a trailing 12-month yield of approximately 10.25% .

: It normally distributes income monthly and capital gains annually. Portfolio Snapshot (As of April 2026)