Trend Table for PHB - PowerShares High Yield Corporate Bond Portfolio

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 22	A	Weak or Absent	Up	Flat	Flat	15.03%
May 19	B	Weak or Absent	Up	Flat	Flat	15.59%
May 18	B	Weak or Absent	Up	Flat	Flat	15.59%
May 17	B	Weak or Absent	Up	Flat	Flat	15.52%
May 16	B	Weak or Absent	Up	Flat	Flat	15.72%
May 15	B	Weak or Absent	Up	Flat	Flat	15.26%
May 12	B	Weak or Absent	Up	Flat	Flat	15.26%
May 11	A	Weak or Absent	Up	Up	Flat	14.86%
May 10	A	Weak or Absent	Up	Up	Flat	14.66%
May 9	B	Weak or Absent	Up	Flat	Flat	15.32%