Invesco KBW Premium Yield Equity REIT ETF (KBWY)
| Assets | $246.16M |
| Expense Ratio | 0.35% |
| PE Ratio | 18.77 |
| Shares Out | 12.81M |
| Dividend (ttm) | $1.57 |
| Dividend Yield | 8.08% |
| Ex-Dividend Date | Nov 18, 2024 |
| Payout Ratio | 151.65% |
| 1-Year Return | +8.01% |
| Volume | 70,997 |
| Open | 19.44 |
| Previous Close | 19.49 |
| Day's Range | 19.27 - 19.44 |
| 52-Week Low | 16.79 |
| 52-Week High | 21.86 |
| Beta | 1.28 |
| Holdings | 29 |
| Inception Date | Dec 2, 2010 |
About KBWY
Fund Home PageThe Invesco KBW Premium Yield Equity REIT ETF (KBWY) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a dividend-yield-weighted index of small- and mid-cap equity REITs. KBWY was launched on Dec 2, 2010 and is issued by Invesco.
Top 10 Holdings
46.15% of assets| Name | Symbol | Weight |
|---|---|---|
| Global Net Lease, Inc. | GNL | 6.26% |
| Gladstone Commercial Corporation | GOOD | 5.07% |
| Global Medical REIT Inc. | GMRE | 4.86% |
| Service Properties Trust | SVC | 4.65% |
| OUTFRONT Media Inc. | OUT | 4.48% |
| Sabra Health Care REIT, Inc. | SBRA | 4.44% |
| Easterly Government Properties, Inc. | DEA | 4.30% |
| Apple Hospitality REIT, Inc. | APLE | 4.11% |
| Healthcare Realty Trust Incorporated | HR | 4.00% |
| Omega Healthcare Investors, Inc. | OHI | 3.98% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 18, 2024 | $0.126 | n/a |
| Oct 21, 2024 | $0.127 | Oct 25, 2024 |
| Sep 23, 2024 | $0.130 | Sep 27, 2024 |
| Aug 19, 2024 | $0.132 | Aug 23, 2024 |
| Jul 22, 2024 | $0.132 | Jul 26, 2024 |
| Jun 24, 2024 | $0.132 | Jun 28, 2024 |
News
Firming Inflation Fizzles Optimism
U.S. equity markets posted their worst week in two months as benchmark interest rates jumped to four-month highs after a critical slate of inflation data showed modestly firming price pressures. Fueli...
5 U.S. REITs Suspend Dividends Amid 2024 Cuts
Five US real estate investment trusts have suspended dividends so far this year, while six other REITs have lowered regular dividend payouts. The activity contrasts with the more than one-third of the...
The State Of REITs: October 2024 Edition
REITs achieved their 5th straight month in the black with a +3.09% average total return in September and +9.61% year to date. Mid-cap (+5.01%), large cap (+3.41%) and small cap REITs (+2.59%) averaged...
U.S. REITs Log Dip In Short Interest In September
Average REIT short interest fell 8 basis points in September to 3.7% of shares outstanding, per S&P Global Market Intelligence data. The hotel sector followed with a 60-basis point drop, while the off...
Perspectives: Listed REITs - Fall Edition
Public REITs have benefited from a great rotation within equity markets since the end of June, with U.S. REITs returning 13.2% vs. S&P 500 3.7%. Clear evidence of a growth slowdown and moderating infl...
Canadian REITs: Higher Yield Up North
For income-focused investors willing to venture outside the United States, Canadian REITs offer appealing qualities as a potential portfolio diversifier alongside their larger and more established U.S...
KBWY: Small And Mid-Cap REIT Yield Makes Sense Now
KBWY: Small And Mid-Cap REIT Yield Makes Sense Now
REITs Are Still Undervalued Despite Recent Outperformance
REITs have outperformed the broader market since early July, prompting a valuation check to ensure they haven't become overvalued. Using a bottom-up methodology, REITs trade at a market cap weighted A...
The REIT Comeback: Earnings Recap
Over 200 U.S. REITs and homebuilders have reported second-quarter earnings results over the past six weeks, providing critical information on the state of the commercial and residential real estate in...
REIT Earnings Halftime Report
We're at the halfway point of another consequential real estate earnings season, with 75 of the roughly 150 equity REITs and 19 of 38 mortgage REITs now having reported results. Amid an otherwise unde...
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: June 2024 Edition
After a rough start to the year, REITs partially bounced back in May with a +2.51% average total return. Small-cap REITs (-0.48%) averaged a negative return in May, but micro caps (+5.09%), large caps...
KBWY: Continued Risk For Dividend Cuts And Share Price Decline
Invesco KBW Premium Yield Equity REIT ETF (KBWY) is a strong sell due to unsustainable high dividend payout ratios and poor growth characteristics for its REIT holdings. While KBWY offers a high 8.87%...
Why REIT's Didn't Grow In 2023
REIT FFO/share growth in 2023 was stalled due to increased insurance premiums and property taxes. Property taxes jumped from $170B to almost $200B in 2023, while insurance costs doubled as a percentag...
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...
