Invesco KBW Premium Yield Equity REIT ETF (KBWY)
| Assets | $248.29M |
| Expense Ratio | 0.35% |
| PE Ratio | 24.96 |
| Shares Out | 15.96M |
| Dividend (ttm) | $1.51 |
| Dividend Yield | 9.89% |
| Ex-Dividend Date | Nov 24, 2025 |
| Payout Ratio | 244.36% |
| 1-Year Return | -22.39% |
| Volume | 154,227 |
| Open | 15.34 |
| Previous Close | 15.36 |
| Day's Range | 15.29 - 15.45 |
| 52-Week Low | 13.86 |
| 52-Week High | 19.72 |
| Beta | 1.01 |
| 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
47.46% of assets| Name | Symbol | Weight |
|---|---|---|
| Community Healthcare Trust Incorporated | CHCT | 6.45% |
| Innovative Industrial Properties, Inc. | IIPR | 6.27% |
| Brandywine Realty Trust | BDN | 5.65% |
| Global Net Lease, Inc. | GNL | 5.21% |
| CTO Realty Growth, Inc. | CTO | 4.39% |
| OUTFRONT Media Inc. | OUT | 4.17% |
| RLJ Lodging Trust | RLJ | 3.91% |
| Easterly Government Properties, Inc. | DEA | 3.88% |
| Park Hotels & Resorts Inc. | PK | 3.82% |
| Gladstone Commercial Corporation | GOOD | 3.71% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 24, 2025 | $0.12551 | Nov 28, 2025 |
| Oct 20, 2025 | $0.12562 | Oct 24, 2025 |
| Sep 22, 2025 | $0.12585 | Sep 26, 2025 |
| Aug 18, 2025 | $0.1259 | Aug 22, 2025 |
| Jul 21, 2025 | $0.12599 | Jul 25, 2025 |
| Jun 23, 2025 | $0.12601 | Jun 27, 2025 |
News
REIT Market Perspectives - December 2025
Year-to-date returns across the REIT market varied remarkably, with large gains from non-U.S. REITs and U.S. healthcare REITs, while U.S. residential and data center sectors were notable laggards. In ...
REIT Earnings Preview: Here's What We're Watching
Real estate earnings season kicks into gear this week, and over the next month, we'll hear results from 175 equity REITs, 40 mortgage REITs, and dozens of housing industry companies. One step forward,...
KBWY: Focus On Small-Cap REITs Creates Vulnerability To Interest Rates
Invesco KBW Premium Yield Equity REIT ETF remains a sell due to poor performance and unsustainable dividend payouts amid high-interest rates. KBWY's concentrated focus on small- and mid-cap REITs leav...
Why U.S. REITs May Shine In A Rate-Cutting Environment
For nearly five decades, US REITs have delivered stronger returns than broad US stocks in the 12 months following Federal Reserve easing cycles. Rate cuts may increase the attractiveness of REIT divid...
The State Of REITs: September 2025 Edition
REITs performed very well in August (+5.48%), almost pulling the REIT sector's year-to-date total return back into the black (-1.11%). Small cap (+7.52%) and mid cap REITs (+7.13%) averaged strong gai...
Powell Pivot Sparks REIT Rebound
U.S. equity markets notched another series of record highs this week, surging into the weekend after surprisingly dovish commentary from Federal Reserve Chair Powell, who hinted at imminent rate cuts....
The State Of REITs: August 2025 Edition
After a strong June (+2.56%), the REIT sector recovery stalled in July (-1.17%) as REITs fell to a -6.42% year-to-date return. Micro cap REITs (-0.20%) outperformed in July while mid caps (-1.18%), sm...
Disinflation Dividend: REIT Earnings Scorecard
A surprising solid REIT earnings season wrapped up this week. Of the 100 equity REITs that provide full-year FFO guidance, 62% raised their outlook - above the historical 55% average. Disinflation was...
These REITs Could Potentially Crush The Vanguard Real Estate ETF
REIT ETFs suffer from many flaws. Well-selected individual REITs can be a lot more rewarding. I highlight two REITs that I expect to crush the Vanguard Real Estate ETF going forward.
KBWY: A High-Yield Is A Lure, Don't Be A Fish
KBWY's 9.63% dividend yield is misleading, masking deep problems in portfolio quality and sector concentration. The ETF is overexposed to struggling office and hotel REITs, with insufficient diversifi...
Why Consider U.S. REITs Now?
Most US REITs make nearly 90% of their revenue domestically, compared to 72% for typical U.S. stocks. Healthcare, residential, and needs-based retail are less affected by trade disruptions, while offi...
Powell Pressured As Inflation Cools
U.S. equity markets climbed to fresh record-highs this week after a critical slate of inflation data showed that tariff-driven inflation remains muted, while rumors of a potential Powell termination s...
Which ETF Has the Highest Dividend Yield in 2025? And Is It a Buy Now?
Exchange-traded funds (ETFs) have become quite popular in their three-plus decades of existence. There are now more publicly listed ETFs than there are individual stocks on the New York Stock Exchange...
REITs Score Key Tax Bill Wins
U.S. equity markets closed the Independence Day week at record highs after Congress approved the GOP's sweeping tax cut and spending megabill, while employment data indicated "Goldilocks" labor market...
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...