KBWY
Invesco KBW Premium Yield Equity REIT ETF·NASDAQ
--
--(--)
--
--(--)
Key Stats
Assets Under Management
259.71MUSD
Fund Flows (1Y)
61.54MUSD
Dividend Yield
9.46%
Discount/Premium to NAV
0.13%
Shares Outstanding
16.40M
Expense Ratio
0.35%
About Invesco KBW Premium Yield Equity REIT ETF
Issuer
Invesco Capital Management LLC
Brand
Invesco
Inception Date
Dec 2, 2010
Structure
Open-Ended Fund
Index Tracked
KBW Nasdaq Premium Yield Equity REIT Index
Management Style
Passive
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 small—around 70% small- and microcaps—and also underweights residential REITs in favor of commercial REITs. Still, KBWY's dividend-focused strategy makes some sense—the 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 fund's long-term returns are more variable due to its small-cap bias. The index is rebalanced and reconstituted on a quarterly basis.
Classification
Asset Class
Equity
Category
Sector
Focus
Real Estate
Niche
REITs
Strategy
Dividends
Geography
U.S.
Weighting Scheme
Tiered
Selection Criteria
Committee
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +2.64% | +6.26% | +3.03% | -7.85% | -29.00% | -23.34% |
NAV Total Return | +2.84% | +8.14% | +2.84% | +0.06% | -7.10% | +12.55% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Real Estate
100.00%
Real Estate
100.00%
Asset
Region
100%
Category
Ratio
North America
100.00%
Investment Style
Mega
Large
Medium
Multi
Small
Value
Blend
Growth
Micro-Cap Blend
Includes micro-cap companies with both value and growth attributes. These ETFs offer exposure to the smallest market cap firms with balanced financial characteristics.
Top 10 Holdings
Symbol
Ratio
IIPR
Innovative
6.10%
CHCT
Community Healthcare
5.67%
GOOD
Gladstone Commercial
4.49%
GNL
Global Net Lease
4.39%
ARE
Alexandria Real Estate Equities
4.09%
COLD
Americold Realty
3.89%
PK
Park Hotels & Resorts
3.85%
GMRE
Global Medical Reit
3.80%
AHH
Armada Hoffler
3.78%
MRP
Millrose Properties
3.65%
Top 10 Weight 43.71%
32 Total Holdings
Is SPY better than KBWY?
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2026-01-20 | 2026-01-20 | 2026-01-23 | 0.125 |
| 2025-12-22 | 2025-12-22 | 2025-12-26 | 0.125 |
| 2025-11-24 | 2025-11-24 | 2025-11-28 | 0.126 |
| 2025-10-20 | 2025-10-20 | 2025-10-24 | 0.126 |
| 2025-09-22 | 2025-09-22 | 2025-09-26 | 0.126 |
| 2025-08-18 | 2025-08-18 | 2025-08-22 | 0.126 |
| 2025-07-21 | 2025-07-21 | 2025-07-25 | 0.126 |
Show more
How Much Does KBWY Pay in Dividends?
Premium/Discount Chart
Assets Under Management
Should I buy KBWY?
Fund Flows
