The equities owned within this fund are not exclusively involved in television or radio broadcasting, but some also have interests in print and internet media as well.
Since inception in 2005, PBS has notably lagged the broad market, as PBS has returned just 1.28% versus the S&P 500’s gain of 18.41% during this same timeframe. Year to date however, PBS is up 13.88% versus the S&P 500 which has rallied 12.25%, and holdings such as TWC, CMCSA, and CBS for instance are challenging multi-year highs.
PowerShares Dynamic Media
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