FFIU vs. PCEF ETF Comparison

Comparison of Fieldstone UVA Unconstrained Medium-Term Fixed Income ETF (FFIU) to PowerShares CEF Income Composite Portfolio (PCEF)

FFIU

Fieldstone UVA Unconstrained Medium-Term Fixed Income ETF

FFIU Description

The investment seeks current income with limited risk to principal. The fund seeks to achieve its investment objective of current income by investing principally in fixed income securities of any kind with a dollar-weighted average effective duration of between three and seven years. Under normal market conditions, Sub-Adviser intends to invest at least 80% of its net assets (plus the amount of borrowings for investment purposes) in such securities. Fixed income securities include bonds, debt securities, and income-producing instruments of any kind issued by governmental or private-sector entities.

Grade (RS Rating)

Last Trade

$21.19

Average Daily Volume

1,192

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PCEF

PowerShares CEF Income Composite Portfolio

PCEF Description

The PowerShares CEF Income Composite Portfolio (Fund) is based on the S-Network Composite Closed-End Fund IndexSM (Index). The Fund will normally invest at least 90% of its total assets in securities of funds included in the Index. The Fund is a "fund of funds," as it invests its assets in the common shares of funds included in the Index rather than in individual securities. The Index currently includes closed-end funds that invest in taxable investment grade fixed-income securities, taxable high yield fixed-income securities and others utilize an equity option writing (selling) strategy. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$18.04

Average Daily Volume

140,002

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

Performance

Period	FFIU	PCEF
30 Days	-3.33%	-3.16%
60 Days	-1.91%	-0.72%
90 Days	-2.65%	1.26%
12 Months	0.14%	10.81%

3 Overlapping Holdings

Symbol	Grade	Weight in FFIU	Weight in PCEF	Overlap
BBN	D	1.02%	1.5%	1.02%
EVV	C	0.56%	1.7%	0.56%
GBAB	D	0.92%	0.34%	0.34%

FFIU Overweight 0 Positions Relative to PCEF

	Symbol	Grade	Weight

FFIU Underweight 105 Positions Relative to PCEF

Symbol	Grade	Weight
EXG	A	-4.28%
JPC	B	-3.89%
BIGZ	D	-3.17%
BMEZ	C	-3.02%
BCAT	C	-2.95%
BDJ	B	-2.66%
BSTZ	C	-2.64%
ETY	B	-2.56%
NFJ	C	-2.29%
BXMX	C	-2.12%
ETV	C	-1.87%
JFR	A	-1.8%
QQQX	C	-1.78%
ETW	C	-1.69%
FPF	C	-1.6%
HFRO	C	-1.53%
BCX	A	-1.51%
AWF	B	-1.36%
PDO	A	-1.31%
EOS	C	-1.28%
HYT	A	-1.24%
BOE	C	-1.23%
FFC	C	-1.18%
BTZ	C	-1.17%
DSL	C	-1.14%
JQC	A	-1.14%
FAX	C	-1.12%
HTD	A	-1.11%
BST	C	-1.08%
CII	C	-1.04%
BGY	C	-1.03%
WIW	B	-1.03%
EMD	C	-0.94%
DIAX	C	-0.91%
ETJ	C	-0.88%
LDP	C	-0.86%
GHY	C	-0.82%
NPFD	C	-0.8%
IGD	A	-0.79%
EOI	D	-0.78%
BME	C	-0.69%
BGR	A	-0.67%
NBB	D	-0.67%
PDT	C	-0.66%
DFP	C	-0.65%
PHK	C	-0.64%
ISD	C	-0.64%
EAD	C	-0.61%
ETB	B	-0.61%
BHK	D	-0.59%
FSD	C	-0.59%
EDD	C	-0.58%
VVR	A	-0.58%
FRA	A	-0.56%
PFN	C	-0.56%
HIO	C	-0.55%
PCN	D	-0.54%
BLW	C	-0.51%
BUI	B	-0.51%
BIT	B	-0.5%
FCT	A	-0.46%
DSU	C	-0.45%
FTF	A	-0.45%
BGH	A	-0.45%
FFA	C	-0.45%
STK	C	-0.44%
TEI	C	-0.44%
HIX	D	-0.43%
PPT	C	-0.43%
SPXX	C	-0.43%
HPS	B	-0.42%
MCR	C	-0.41%
MMT	B	-0.41%
EFR	A	-0.4%
HPI	B	-0.39%
EOD	B	-0.39%
MIN	C	-0.38%
EFT	A	-0.37%
JGH	C	-0.36%
PHT	C	-0.34%
MCI	C	-0.33%
DHF	C	-0.33%
IDE	B	-0.32%
ERC	D	-0.32%
HPF	A	-0.32%
DHY	A	-0.32%
FLC	C	-0.3%
PFL	B	-0.29%
PSF	C	-0.29%
BGT	B	-0.29%
IGA	A	-0.27%
BGX	A	-0.26%
VBF	D	-0.22%
HEQ	C	-0.22%
NHS	B	-0.22%
DBL	C	-0.22%
MSD	C	-0.22%
TSI	C	-0.2%
PHD	A	-0.19%
PCF	C	-0.19%
EHI	C	-0.17%
EVG	B	-0.17%
HYB	C	-0.15%
CIK	C	-0.14%
MCN	C	-0.13%

FFIU: Top Represented Industries & Keywords

Industries: Asset Management

Keywords: ETF Exchange Traded Fund Bond Exchange Traded Funds Mutual Fund Banking Black Rock Blackrock Bond Market Build America Bonds Closed End Fund Eaton Vance Fixed Income High Yield Debt Municipal Bond State Street Global Advisors Structured Finance

PCEF: Top Represented Industries & Keywords

Industries: Asset Management Other