Principal Real Estate Active Opportunities ETF (BYRE)
| Assets | $12.35M |
| Expense Ratio | 0.65% |
| PE Ratio | 40.04 |
| Shares Out | 480,001 |
| Dividend (ttm) | $0.57 |
| Dividend Yield | 2.18% |
| Ex-Dividend Date | Oct 1, 2024 |
| Payout Ratio | 87.35% |
| 1-Year Return | +17.49% |
| Volume | 1,418 |
| Open | 25.90 |
| Previous Close | 25.94 |
| Day's Range | 25.80 - 25.90 |
| 52-Week Low | 21.43 |
| 52-Week High | 27.34 |
| Beta | 1.05 |
| Holdings | 25 |
| Inception Date | May 18, 2022 |
About BYRE
Fund Home PageThe Principal Real Estate Active Opportunities ETF (BYRE) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed, non-transparent fund that seeks total return by centering on US-listed companies in the real estate industry, selected using a bottom-up fundamental approach. The fund utilizes the Fidelity non-transparent model. BYRE was launched on May 18, 2022 and is issued by Principal.
Top 10 Holdings
57.52% of assets| Name | Symbol | Weight |
|---|---|---|
| Ventas, Inc. | VTR | 8.53% |
| American Tower Corporation | AMT | 7.12% |
| Equinix, Inc. | EQIX | 6.66% |
| Invitation Homes Inc. | INVH | 6.12% |
| Extra Space Storage Inc. | EXR | 5.61% |
| SBA Communications Corporation | SBAC | 5.11% |
| Welltower Inc. | WELL | 4.95% |
| Americold Realty Trust, Inc. | COLD | 4.69% |
| Sun Communities, Inc. | SUI | 4.47% |
| Sabra Health Care REIT, Inc. | SBRA | 4.26% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 1, 2024 | $0.115 | Oct 3, 2024 |
| Jul 1, 2024 | $0.150 | Jul 3, 2024 |
| Apr 1, 2024 | $0.123 | Apr 4, 2024 |
| Dec 27, 2023 | $0.177 | Jan 2, 2024 |
| Oct 2, 2023 | $0.139 | Oct 5, 2023 |
| Jul 3, 2023 | $0.149 | Jul 7, 2023 |
News
The State Of REITs: July 2024
The REIT sector continued to recover in June with a +1.12% average total return, but closed out the first half of the year in the red (-3.86%). Micro cap REITs (-3.79%) averaged a negative total retur...
The State Of REITs: May 2024 Edition
With a -4.27% average total return in April, REITs have now seen declines in 3 of the first 4 months of 2024. Micro caps (-2.71%) and small caps (-2.87%) averaged low single digit declines in April, w...
The State Of REITs: April 2024 Edition
REITs bounced back from a rough start to the year with a strong +3.26% average total return in March. Mid cap (+5.04%), small cap (+3.90%) and large cap REITs (+2.32%) averaged gains in March, while m...
The State Of REITs: March 2024 Edition
REITs fell slightly deeper into the red in 2024 with a -0.81% total return in February. Mid cap (+1.46%) and large cap REITs (+1.04%) averaged gains in February outperforming small caps (-1.33%) and m...
The State Of REITs: February 2024 Edition
The REIT sector had a rough start to 2024 with a -5.72% total return in January. Large cap REITs (-4.79%) outperformed their smaller peers in January. Micro cap REITs (-8.39%) averaged the steepest de...
The State Of REITs: January 2024 Edition
The REIT sector closed the year out strong with a +11.40% total return in December, pushing into positive territory for the full year (+8.66%). Small cap REITs (+13.39%) outperformed in December. Larg...
The State Of REITs: November 2023 Edition
REITs averaged a -5.31% total return in October and have now fallen to a double-digit negative total return year to date (-10.46%). Large cap REITs (-2.24%) outperformed their smaller peers in October...
The State Of REITs: October 2023 Edition
REITs averaged a -7.14% total return in September and have fallen into the red year to date. Small cap REITs (-6.51%) outperformed yet again in September. Micro caps (-10.45%) continue to severely und...
The State Of REITs: September 2023 Edition
The REIT sector gave up some of the gains achieved in June and July, with a -4.13% average total return in August. Small cap REITs (-2.49%) outperformed again in August. Micro caps (-13.08%) badly und...
The State Of REITs: August 2023 Edition
The REIT sector followed a strong June with further gains in July, averaging a solid +4.37% total return in July. Small-cap REITs (+5.23%) continued to outperform in July. Large caps (+2.46%) underper...
The State Of REITs: July 2023 Edition
After 4 straight months in the red, the REIT sector surged back into the black year to date with a stellar +7.41% total return in June. Small cap REITs (+8.59%) outperformed again in June. Large caps ...