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TMCNet:  16.4% Return Seen to Date on SmarTrend PowerShares Build America Bond Portfolio Call (BAB)

[January 09, 2013]

16.4% Return Seen to Date on SmarTrend PowerShares Build America Bond Portfolio Call (BAB)

Jan 09, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for PowerShares Build America Bond Portfolio (NYSE:BAB) on May 3rd, 2011 at $25.94. In approximately 21 months, PowerShares Build America Bond Portfolio has returned 16.37% as of today's recent price of $30.18.


Over the past year, PowerShares Build America Bond Portfolio has traded in a range of $28.40 to $30.94 and is now at $30.18, 6% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

PowerShares Build America Bond Portfolio is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond generally to the price and yield of an index called The BofA Merrill Lynch Build America Bond Index. The Fund invest at least 80% of its total assets in taxable municipal securities eligible to participate in the Build America Bond program.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of PowerShares Build America Bond Portfolio shares.Log in and add PowerShares Build America Bond Portfolio (BAB) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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