Invesco PowerShares Capital Management LLC Lists PowerShares CEF Income Composite Portfolio On NYSE Arca

NYSE Euronext (NYX) announced that its wholly-owned subsidiary, NYSE Arca, today began trading the PowerShares CEF Income Composite Portfolio(Ticker: PCEF). The ETF is sponsored by Invesco PowerShares Capital Management LLC and is the first ETF to hold closed end funds.

The Fund seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of the index called the S-Network Composite Closed-End Fund Index^SM, which tracks the overall performance of a global universe of U.S.-listed closed-end funds that are organized under the laws of the United States selected by S-Network Global Indexes LLC.

Approximately 99% of the closed-end funds comprising the S-Network Composite Closed-End Fund Index^SM are listed on either NYSE or NYSE Amex.