iShares MSCI Kuwait ETF (KWT)
| Assets | $85.88M |
| Expense Ratio | 0.74% |
| PE Ratio | 16.39 |
| Shares Out | 2.35M |
| Dividend (ttm) | $1.96 |
| Dividend Yield | 5.40% |
| Ex-Dividend Date | Dec 17, 2024 |
| Payout Ratio | 87.93% |
| 1-Year Return | +10.86% |
| Volume | 3,421 |
| Open | 36.34 |
| Previous Close | 36.56 |
| Day's Range | 36.33 - 36.34 |
| 52-Week Low | 30.85 |
| 52-Week High | 36.75 |
| Beta | 0.45 |
| Holdings | 72 |
| 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
67.07% of assets| Name | Symbol | Weight |
|---|---|---|
| Kuwait Finance House K.S.C.P. | KFH | 21.48% |
| National Bank of Kuwait S.A.K.P. | NBK | 21.46% |
| Warba Bank K.S.C.P. | WARBABANK | 4.50% |
| Mobile Telecommunications Company K.S.C.P. | ZAIN | 4.03% |
| Gulf Bank K.S.C.P. | GBK | 3.65% |
| Mabanee Company K.P.S.C. | MABANEE | 3.06% |
| National Industries Group Holding - KPSC | NIND | 2.47% |
| Kuwait Real Estate Company K.P.S.C. | KRE | 2.32% |
| Agility Public Warehousing Company K.S.C.P. | AGLTY | 2.07% |
| Commercial Real Estate Company K.P.S.C. | ALTIJARIA | 2.03% |
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
iShares Soon to Be Deep in the Heart of Texas
Through ETFs, iShares has long offered exposure to equity markets like Canada and Italy. Soon, the firm will provide access to an even larger market.
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...