Trend Table for PHB - PowerShares High Yield Corporate Bond Portfolio

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 15	A	Weak or Absent	Up	Up	Up	3.73%
May 14	A	Weak or Absent	Up	Up	Flat	4.31%
May 13	A	Weak or Absent	Up	Up	Flat	4.48%
May 10	A	Weak or Absent	Up	Up	Flat	4.48%
May 9	A	Weak or Absent	Up	Up	Up	4.31%
May 8	A	Weak or Absent	Up	Up	Up	4.36%
May 7	A	Weak or Absent	Up	Up	Up	4.19%
May 6	A	Weak or Absent	Up	Up	Up	4.13%
May 3	A	Weak or Absent	Up	Up	Up	4.42%
May 2	A	Weak or Absent	Up	Flat	Up	5.01%