Portfolio — Powershares Buywrite

: 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

: The collected premiums provide a small "cushion" or buffer during market declines, often resulting in lower volatility than a pure S&P 500 investment. : Heavy concentration in Technology (33

: It collects option premiums upfront, which are then reinvested into the fund or distributed to shareholders. : It collects option premiums upfront, which are

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

: The fund holds a long position in the stocks of the S&P 500 Index and simultaneously "writes" (sells) call options on that index.