. Final distribution amounts will be determined at today’s close. However, PowerShares stated on May 1 that the funds would begin selling individual securities immediately, so the holdings may no longer resemble the indexes they previously tracked.
These closures bring the lifetime death toll for exchange-traded products to 113, consisting of 100 ETFs, 11 ETNs, and two MacroShares. There have been 45 closures so far in 2009, and the current pace is on target to set another annual record. Our last update was in February after the closure of the 17 NETS brand ETFs. Since that time, we have also seen the delisting of all six SPA ETFs and three ETNs from Elements.