Principal Real Estate Active Opportunities ETF (BYRE)
| Assets | $4.91M |
| Expense Ratio | 0.65% |
| PE Ratio | 39.72 |
| Shares Out | 220,000 |
| Dividend (ttm) | $0.42 |
| Dividend Yield | 1.82% |
| Ex-Dividend Date | Dec 28, 2022 |
| Payout Ratio | 57.41% |
| 1-Year Return | n/a |
| Volume | 533 |
| Open | 22.79 |
| Previous Close | 22.60 |
| Day's Range | 22.79 - 22.79 |
| 52-Week Low | 20.62 |
| 52-Week High | 27.46 |
| Beta | 1.26 |
| Holdings | 23 |
| Inception Date | May 18, 2022 |
About BYRE
The 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 managed by Principal.
Top 10 Holdings
61.37% of assets| Name | Symbol | Weight |
|---|---|---|
| Rexford Industrial Realty, Inc. | REXR | 7.72% |
| American Tower Corporation | AMT | 7.46% |
| Extra Space Storage Inc. | EXR | 6.67% |
| VICI Properties Inc. | VICI | 6.48% |
| Ventas, Inc. | VTR | 6.44% |
| Invitation Homes Inc. | INVH | 6.40% |
| Sun Communities, Inc. | SUI | 6.37% |
| Welltower Inc. | WELL | 4.88% |
| Equity LifeStyle Properties, Inc. | ELS | 4.53% |
| Crown Castle Inc. | CCI | 4.41% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 28, 2022 | $0.22017 | Jan 3, 2023 |
| Oct 3, 2022 | $0.07318 | Oct 6, 2022 |
| Jul 1, 2022 | $0.12227 | Jul 7, 2022 |
News
ETF Industry KPI – Week of May 16, 2022
By Michael Venuto Week of May 16, 2022 KPI Summary This week, the industry experienced 13 ETF launches and 1 closure, shifting the 1-year Open-to-Close ratio to 5.40 and total US ETFs to 2,945. ETF as...
Principal Launches Semi-Transparent Real Estate ETF With BYRE
Principal Global Investors announced the Principal Real Estate Active Opportunities ETF (NYSEArca: BYRE), the firm's first semi-transparent ETF, is available for trading upon today's market open of th...