Name of ETF: PowerShares CEF Income Composite Fund
Benchmark Index: S-Network Composite Closed-End Fund Index
Ticker Symbol: PCEF
Fund Highlights:
- This fund is a fund of funds that invests in the funds included in the index instead of individual stocks.
- The index has historically been comprised of closed-end funds (CEFs) which invest in a number of different areas including fixed income securities (investment grade and high yield) and equity option writing CEFs.
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