iShares MSCI Kuwait ETF (KWT)
| Assets | $95.93M |
| Expense Ratio | 0.74% |
| PE Ratio | 16.38 |
| Shares Out | 2.70M |
| Dividend (ttm) | $1.96 |
| Dividend Yield | 5.50% |
| Ex-Dividend Date | Dec 17, 2024 |
| Payout Ratio | 90.05% |
| 1-Year Return | +6.18% |
| Volume | 6,877 |
| Open | 35.66 |
| Previous Close | 35.68 |
| Day's Range | 35.63 - 35.84 |
| 52-Week Low | 30.85 |
| 52-Week High | 36.75 |
| Beta | 0.45 |
| Holdings | 111 |
| Inception Date | Sep 1, 2020 |
About KWT
Fund Home PageThe iShares MSCI Kuwait ETF (KWT) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of all-cap stocks in Kuwait. KWT was launched on Sep 1, 2020 and is issued by BlackRock.
Top 10 Holdings
90.82% of assets| Name | Symbol | Weight |
|---|---|---|
| ProShares Ultra Semiconductors | USD | 25.87% |
| National Bank of Kuwait S.A.K.P. | NBK | 23.04% |
| Kuwait Finance House K.S.C.P. | KFH | 22.13% |
| Mobile Telecommunications Company K.S.C.P. | ZAIN | 4.17% |
| Gulf Bank K.S.C.P. | GBK | 3.63% |
| Mabanee Company K.P.S.C. | MABANEE | 3.14% |
| National Industries Group Holding - KPSC | NIND | 2.61% |
| Kuwait Real Estate Company K.P.S.C. | KRE | 2.10% |
| Warba Bank K.S.C.P. | WARBABANK | 2.09% |
| Agility Public Warehousing Company K.S.C.P. | AGLTY | 2.04% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $0.4834 | Dec 20, 2024 |
| Jun 11, 2024 | $1.47808 | Jun 17, 2024 |
| Dec 20, 2023 | $0.01067 | Dec 27, 2023 |
| Jun 7, 2023 | $0.6828 | Jun 13, 2023 |
| Dec 13, 2022 | $0.734 | Dec 19, 2022 |
| Jun 9, 2022 | $0.74873 | Jun 15, 2022 |
News
KWT- Potentially Brighter Days Ahead
The iShares MSCI Kuwait ETF which has a relatively high expense ratio and limited stability, seeks to mitigate those flaws with a near 6% yield. Kuwait's oil-based activities are expected to see a mea...
The Arab Gulf States Defeat Global Slowdown
The Gulf Cooperation Council area has so far withstood global challenges, with year-on-year GDP growth accelerating to 6.9% in 2022, driven by high oil prices and stronger growth rates in non-oil sect...
FM, KWT: Kuwait Upgrade From 'Frontier' To 'Emerging' Unlikely Bullish For Either Fund
Late last year, MSCI upgraded Kuwait from a "Frontier" to an "Emerging Market" status, and iShares launched the iShares MSCI Kuwait ETF. Around seven years ago, we saw a similar upgrade and iShares la...