Key stats
About Invesco KBW Premium Yield Equity REIT ETF
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Inception date
Dec 2, 2010
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
KBWY is an outsider in the US real estate space. The fund rejects the traditional cap-weighted methodology in favor of dividend-yield-weighting. KBWY also intentionally nixes large cap REITs in favor of smaller capitalization alternatives. This produces a basket that tilts very smallaround 70% small- and microcapsand also underweights residential REITs in favor of commercial REITs. Still, KBWY's dividend-focused strategy makes some sensethe reliable dividends of REITs are a big draw for real estate investors. KBWY may have some yield advantage, but this can be unstable, in part because the funds long-term returns are more variable due to its small-cap bias. The index is rebalanced and reconstituted on a quarterly basis.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.31%
Finance99.31%
Bonds, Cash & Other0.69%
Mutual fund0.69%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
KBWY top holdings are Global Net Lease Inc and SITE Centers Corp., occupying 6.70% and 6.40% of the portfolio correspondingly.
KBWY last dividends amounted to 0.13 USD. The month before, the issuer paid 0.13 USD in dividends, which shows a 0.04% decrease.
KBWY assets under management is 211.55 M USD. It's risen 5.72% over the last month.
KBWY fund flows account for 48.51 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, KBWY pays dividends to its holders with the dividend yield of 10.08%. The last dividend (May 23, 2025) amounted to 0.13 USD. The dividends are paid monthly.
KBWY shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Dec 2, 2010, and its management style is Passive.
KBWY expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
KBWY follows the KBW Nasdaq Premium Yield Equity REIT Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
KBWY invests in stocks.
KBWY price has fallen by −1.17% over the last month, and its yearly performance shows a −14.96% decrease. See more dynamics on KBWY price chart.
NAV returns, another gauge of an ETF dynamics, showed a −9.81% decrease in three-month performance and has decreased by −7.24% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −9.81% decrease in three-month performance and has decreased by −7.24% in a year.
KBWY trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.