Invesco KBW Premium Yield Equity REIT ETF (KBWY)
| Assets | $232.18M |
| Expense Ratio | 0.35% |
| PE Ratio | 22.41 |
| Shares Out | 14.45M |
| Dividend (ttm) | $1.53 |
| Dividend Yield | 9.47% |
| Ex-Dividend Date | Jun 23, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | 212.33% |
| Volume | 283,381 |
| Open | 16.10 |
| Previous Close | 16.07 |
| Day's Range | 16.03 - 16.18 |
| 52-Week Low | 13.86 |
| 52-Week High | 21.86 |
| Beta | 1.08 |
| 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
46.73% of assets| Name | Symbol | Weight |
|---|---|---|
| Innovative Industrial Properties, Inc. | IIPR | 6.27% |
| Brandywine Realty Trust | BDN | 6.15% |
| Community Healthcare Trust Incorporated | CHCT | 5.45% |
| Park Hotels & Resorts Inc. | PK | 4.46% |
| Global Medical REIT Inc. | GMRE | 4.43% |
| Global Net Lease, Inc. | GNL | 4.33% |
| Healthcare Realty Trust Incorporated | HR | 4.17% |
| Easterly Government Properties, Inc. | DEA | 3.85% |
| Apple Hospitality REIT, Inc. | APLE | 3.84% |
| RLJ Lodging Trust | RLJ | 3.78% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 23, 2025 | $0.12601 | Jun 27, 2025 |
| May 19, 2025 | $0.1261 | May 23, 2025 |
| Apr 21, 2025 | $0.12615 | Apr 25, 2025 |
| Mar 24, 2025 | $0.12622 | Mar 28, 2025 |
| Feb 24, 2025 | $0.12623 | Feb 28, 2025 |
| Jan 21, 2025 | $0.12622 | Jan 24, 2025 |
Performance
KBWY had a total return of -0.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.97%.
News
REITs: Unloved, Unwanted, Undervalued
REITweek, the annual REIT industry conference, was held last week in New York City. Humbled by frustratingly persistent interest rate headwinds and historic underperformance, the venue halls were agai...
The Drivers Behind REIT Dividend Growth
This post takes a closer look at the underlying mechanics that allow Realty Income and other high-quality REITs to grow their distributions over decades without compromising sustainability. While Real...
REIT Replay: REIT Share Prices Rise With Broader Market In Week Ended May 2
The Dow Jones Equity All REIT index closed the recent week up 3.31%, compared with a 2.92% increase for the S&P 500 and a 3.00% gain for the Dow Jones Industrial Average. The self-storage REIT index j...
KBWY: Strong Yield, Terrible Performance, Still A Sell
With interest rates stabilizing, REITs are looking like interesting investments. KBWY focuses on small-cap, high-yield REITs. It currently yields 10.0%, much higher than the peers. KBWY's concentrated...
Tensions Ease Ahead Of Critical Week
US equity markets resumed their recovery this week from the "liberation day" plunge after the White House negotiated trade deals with several nations and indicated plans to ease China tariffs. Trimmin...
2025 REIT Market Perspectives And A Look Ahead
A notable defensive rotation is underway this year, benefitting REIT stocks. The recipe that makes REITs a compelling investment today already contains two important ingredients – cheap valuations and...
8 U.S. REITs Announce Dividend Increases In March
Since 2000, annual returns of international equities have been better than those of the U.S. only nine times. As concerns grow about the impact of tariffs on the economy and uncertainty looms, market ...
KBWY: The High Yield Isn't Sustainable
I rate Invesco KBW Premium Yield Equity REIT ETF as a sell due to continuous NAV decline and unsustainable dividends driven by a poor mix of holdings. Despite a high dividend yield of 10.8%, the fund'...
REIT Replay: U.S. REIT Share Prices Plummet Following Trump's Tariff Announcements
Share prices for US equity real estate investment trusts plummeted alongside the broader stock market following President Donald Trump's tariff announcements on April 2. All Dow Jones US real estate s...
The State Of REITs: March 2025 Edition
REITs bounced back (+1.77%) in February and now have a positive year-to-date total return (+0.79%) after the first two months of the year. Large cap (+4.58%), small cap (+2.00%) and mid cap REITs (+0....
KBW Announces Index Rebalancing for First-Quarter 2025
NEW YORK, March 14, 2025 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel ...
Winners Of REIT Earnings Season
In Part 2 of our Earnings Recap, we present a sector-by-sector breakdown of the Winners of REIT Earnings Season, discussing incremental positives/negatives and noting the individual standouts. Healthc...
REIT Slope Adjustment Has Overshadowed Future Value Gains
Despite recent price declines, REITs' future value has increased due to higher rental rates, increased property values, and reduced competing supply. Higher market demanded returns have steepened the ...
The State Of REITs: February 2025 Edition
After a brutal December (-6.85%), the REIT sector averaged negative total returns again in January (-1.29%). Large cap (+0.30%) and mid cap REITs (+0.09%) averaged small gains in January, whereas smal...
Not All 2% Spreads Are Created Equal
Real estate investment spreads are healthier today with higher cap rates and cost of capital, enhancing long-term returns despite similar nominal spreads. Higher cap rates lead to more accretive organ...
The State Of REITs: January 2025 Edition
The REIT sector took a beating in December with an average total return of -6.85% but still finished in the black for full year 2024 (+3.70%). Small cap (-5.98%) and mid cap REITs (-6.62%) outperforme...
