GHMS vs. PCEF ETF Comparison

Comparison of Goose Hollow Multi-Strategy Income ETF (GHMS) to PowerShares CEF Income Composite Portfolio (PCEF)

GHMS

Goose Hollow Multi-Strategy Income ETF

GHMS Description

The fund is an actively managed exchange traded fund ("ETF") that seeks to achieve its investment objective by investing in a combination of fixed income ETFs ("underlying funds"). The underlying funds in which the fund invests each primarily invest in (1) corporate bonds of U.S. and foreign issuers (2) U.S. and foreign government securities, and (3) agency and mortgage-backed securities.

Grade (RS Rating)

Last Trade

$25.30

Average Daily Volume

716

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	GHMS	PCEF
30 Days	-2.34%	-3.16%
60 Days	-1.75%	-0.72%
90 Days	-1.41%	1.26%
12 Months		10.81%

1 Overlapping Holdings

	Symbol	Grade	Weight in GHMS	Weight in PCEF	Overlap
	EDD	C	2.57%	0.58%	0.58%

GHMS Overweight 9 Positions Relative to PCEF

Symbol	Grade	Weight
WIP	D	16.47%
TFLO	A	14.84%
VGSH	B	14.81%
VMBS	D	10.27%
PFFV	C	10.23%
SABA	C	4.84%
BNDX	C	4.82%
JPST	A	3.95%
VNQ	D	2.94%

GHMS Underweight 107 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%
EVV	C	-1.7%
ETW	C	-1.69%
FPF	C	-1.6%
HFRO	C	-1.53%
BCX	A	-1.51%
BBN	D	-1.5%
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%
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%
GBAB	D	-0.34%
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%

GHMS: Top Represented Industries & Keywords

Industries:

PCEF: Top Represented Industries & Keywords

Industries: Asset Management Other