Exchange-Traded Funds

KBWY - Invesco KBW Premium Yield Equity REIT ETF

Alternative - Real Estate

Product Details

The Invesco KBW Premium Yield Equity REIT ETF (Fund) is based on the KBW Nasdaq Premium Yield Equity REIT Index (Index). The Fund generally will invest at least 90% of its total assets in the securities of small- and mid-cap equity REITs in the United States that comprise the Underlying Index. Keefe, Bruyette & Woods, Inc. and Nasdaq, Inc. compile, maintain and calculate the Underlying Index, which is a modified-dividend yield-weighted index that seeks to reflect the performance of such companies. The Fund generally invests in all of the securities comprising the Underlying Index in proportion to their weightings in the Underlying Index. The Fund and the Index are rebalanced and reconstituted on the third Friday of March, June, September and December.

as of 11/30/2018 09/30/2018

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
KBW Nasdaq Premium Yield Equity REIT Index 1.43 -2.40 12.54 9.55 8.09 10.66
Dow Jones U.S. Real Estate Index 2.07 4.69 8.94 9.39 7.46 9.64
KBW Nasdaq Premium Yield Equity REIT Index -5.41 -7.69 7.47 7.70 15.43 9.47
Dow Jones U.S. Real Estate Index 3.95 3.86 7.48 10.02 14.72 9.68
Fund History (%)
Fund NAV 1.13 -2.75 12.17 9.16 N/A 10.24
After Tax Held -1.09 -5.63 8.85 6.29 N/A 7.74
After Tax Sold 0.61 -1.72 7.90 5.78 N/A 6.97
Fund Market Price 0.96 -2.83 12.11 9.17 N/A 10.26
Fund NAV -5.69 -7.95 7.13 7.33 N/A 9.06
After Tax Held -8.19 -10.61 3.95 4.48 N/A 6.58
After Tax Sold -3.35 -4.69 4.10 4.39 N/A 6.05
Fund Market Price -5.80 -7.99 7.14 7.33 N/A 9.09

Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects applicable fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV. Returns less than one year are cumulative.

as of 09/30/2018

Growth of $10,000

Data beginning Fund inception and ending 09/30/2018. Fund performance shown at NAV.

An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.

as of 12/13/2018

Market Cap & Style Allocations

Large-Cap Value -
Large-Cap Blend -
Large-Cap Growth -
Mid-Cap Value 18.65%
Mid-Cap Blend -
Mid-Cap Growth -
Small-Cap Value 57.75%
Small-Cap Blend 23.60%
Small-Cap Growth -

as of 12/13/2018 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
WPG Washington Prime Group Inc 5.74
SITC SITE Centers Corp 5.45
GNL Global Net Lease Inc 4.94
WSR Whitestone REIT 4.86
MPW Medical Properties Trust Inc 4.20
LXP Lexington Realty Trust 4.01
GOOD Gladstone Commercial Corp 3.98
IRT Independence Realty Trust Inc 3.88
KRG Kite Realty Group Trust 3.82
GEO GEO Group Inc/The 3.74

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
11/19/2018 11/20/2018 11/30/2018 0.17322 0.17322 - - -
10/22/2018 10/23/2018 10/31/2018 0.17800 0.17800 - - -
09/24/2018 09/25/2018 09/28/2018 0.12952 0.12952 - - -
08/20/2018 08/21/2018 08/31/2018 0.21000 0.21000 - - -
07/23/2018 07/24/2018 07/31/2018 0.21500 0.21500 - - -
06/18/2018 06/19/2018 06/29/2018 0.18155 0.18155 - - -
05/21/2018 05/22/2018 05/31/2018 0.17837 0.17837 - - -
04/23/2018 04/24/2018 04/30/2018 0.22610 0.22610 - - -
03/19/2018 03/20/2018 03/29/2018 0.21973 0.21973 - - -
02/20/2018 02/21/2018 02/28/2018 0.22015 0.22015 - - -
01/22/2018 01/23/2018 01/31/2018 0.22228 0.22228 - - -
12/18/2017 12/19/2017 12/29/2017 0.21343 0.21343 - - -
11/20/2017 11/21/2017 11/30/2017 0.22575 0.22575 - - -
10/23/2017 10/24/2017 10/31/2017 0.23020 0.23020 - - -
09/18/2017 09/19/2017 09/29/2017 0.22354 0.22354 - - -
08/15/2017 08/17/2017 08/31/2017 0.21475 0.21475 - - -
07/14/2017 07/18/2017 07/31/2017 0.21660 0.21660 - - -
06/15/2017 06/19/2017 06/30/2017 0.20334 0.20334 - - -
05/15/2017 05/17/2017 05/31/2017 0.20074 0.20074 - - -
04/13/2017 04/18/2017 04/28/2017 0.22919 0.22919 - - -
03/15/2017 03/17/2017 03/31/2017 0.19196 0.19196 - - -
02/15/2017 02/17/2017 02/28/2017 0.20398 0.20398 - - -
01/13/2017 01/18/2017 01/31/2017 0.21316 0.21316 - - -
12/15/2016 12/19/2016 12/30/2016 0.22488 0.22488 - - -
11/15/2016 11/17/2016 11/30/2016 0.22626 0.22626 - - -
10/14/2016 10/18/2016 10/31/2016 0.27757 0.27757 - - -
09/15/2016 09/19/2016 09/30/2016 0.22247 0.22247 - - -
08/15/2016 08/17/2016 08/31/2016 0.21177 0.21177 - - -
07/15/2016 07/19/2016 07/29/2016 0.20664 0.20664 - - -
06/15/2016 06/17/2016 06/30/2016 0.19645 0.19645 - - -
05/13/2016 05/17/2016 05/31/2016 0.19291 0.19291 - - -
04/15/2016 04/19/2016 04/29/2016 0.19000 0.19000 - - -
03/15/2016 03/17/2016 03/31/2016 0.17582 0.17582 - - -
02/12/2016 02/17/2016 02/29/2016 0.18000 0.18000 - - -
01/15/2016 01/20/2016 01/29/2016 0.16000 0.16000 - - -
12/15/2015 12/17/2015 12/31/2015 0.15266 0.15266 - - -
11/13/2015 11/17/2015 11/30/2015 0.15302 0.15302 - - -
10/15/2015 10/19/2015 10/30/2015 0.16220 0.16220 - - -
09/15/2015 09/17/2015 09/30/2015 0.14500 0.14500 - - -
08/14/2015 08/18/2015 08/31/2015 0.14122 0.14122 - - -
07/15/2015 07/17/2015 07/31/2015 0.14185 0.14185 - - -
06/15/2015 06/17/2015 06/30/2015 0.13714 0.13714 - - -
05/15/2015 05/19/2015 05/29/2015 0.14154 0.14154 - - -
04/15/2015 04/17/2015 04/30/2015 0.14450 0.14450 - - -
03/13/2015 03/17/2015 03/31/2015 0.14285 0.14285 - - -
02/13/2015 02/18/2015 02/27/2015 0.14167 0.14167 - - -
01/15/2015 01/20/2015 01/30/2015 0.13800 0.13800 - - -
12/15/2014 12/17/2014 12/31/2014 0.13430 0.13430 - - -
11/14/2014 11/18/2014 11/28/2014 0.13702 0.13702 - - -
10/15/2014 10/17/2014 10/31/2014 0.13794 0.13794 - - -
09/15/2014 09/17/2014 09/30/2014 0.13794 0.13794 - - -
08/15/2014 08/19/2014 08/29/2014 0.13235 0.13235 - - -
07/15/2014 07/17/2014 07/31/2014 0.13052 0.13052 - - -
06/13/2014 06/17/2014 06/30/2014 0.13282 0.13282 - - -
05/15/2014 05/19/2014 05/30/2014 0.13413 0.13413 - - -
04/15/2014 04/17/2014 04/30/2014 0.13600 0.13600 - - -
03/14/2014 03/18/2014 03/31/2014 0.13300 0.13300 - - -
02/14/2014 02/19/2014 02/28/2014 0.12652 0.12652 - - -
01/15/2014 01/17/2014 01/31/2014 0.12527 0.12527 - - -
12/13/2013 12/17/2013 12/31/2013 0.12338 0.12338 - - -
11/15/2013 11/19/2013 11/29/2013 0.11593 0.11593 - - -
10/15/2013 10/17/2013 10/31/2013 0.11279 0.11279 - - -
09/13/2013 09/17/2013 09/30/2013 0.10829 0.10829 - - -
08/15/2013 08/19/2013 08/30/2013 0.11393 0.11393 - - -
07/15/2013 07/17/2013 07/31/2013 0.12097 0.12097 - - -
06/14/2013 06/18/2013 06/28/2013 0.12174 0.12174 - - -
05/15/2013 05/17/2013 05/31/2013 0.11309 0.11309 - - -
04/15/2013 04/17/2013 04/30/2013 0.13496 0.13496 - - -
03/15/2013 03/19/2013 03/28/2013 0.12966 0.12966 - - -
02/15/2013 02/20/2013 02/28/2013 0.11645 0.11645 - - -
01/15/2013 01/17/2013 01/31/2013 0.12956 0.12956 - - -
12/14/2012 12/18/2012 12/31/2012 0.12935 0.12935 - - -
11/15/2012 11/19/2012 11/30/2012 0.12532 0.12532 - - -
10/15/2012 10/17/2012 10/31/2012 0.13000 0.13000 - - -
09/14/2012 09/18/2012 09/28/2012 0.12215 0.12215 - - -
08/15/2012 08/17/2012 08/31/2012 0.09972 0.09972 - - -
07/13/2012 07/17/2012 07/31/2012 0.09961 0.09961 - - -
06/15/2012 06/19/2012 06/29/2012 0.10247 0.10247 - - -
05/15/2012 05/17/2012 05/31/2012 0.10442 0.10442 - - -
04/13/2012 04/17/2012 04/30/2012 0.13401 0.13401 - - -
03/15/2012 03/19/2012 03/30/2012 0.12478 0.12478 - - -
02/15/2012 02/17/2012 02/29/2012 0.12564 0.12564 - - -
01/13/2012 01/18/2012 01/31/2012 0.12626 0.12626 - - -
12/15/2011 12/19/2011 12/30/2011 0.08734 0.08734 - - -
11/15/2011 11/17/2011 11/30/2011 0.10868 0.10868 - - -
10/14/2011 10/18/2011 10/31/2011 0.11420 0.11420 - - -
09/15/2011 09/19/2011 09/30/2011 0.11806 0.11806 - - -
08/15/2011 08/17/2011 08/31/2011 0.11721 0.11721 - - -
07/15/2011 07/19/2011 07/29/2011 0.12647 0.12647 - - -
06/15/2011 06/17/2011 06/30/2011 0.11202 0.11202 - - -
05/13/2011 05/17/2011 05/31/2011 0.11865 0.11865 - - -
04/15/2011 04/19/2011 04/29/2011 0.11462 0.11462 - - -
03/15/2011 03/17/2011 03/31/2011 0.12214 0.12214 - - -
02/15/2011 02/17/2011 02/28/2011 0.10617 0.10617 - - -
01/14/2011 01/19/2011 01/31/2011 0.12070 0.12070 - - -
01/04/2011 01/06/2011 01/31/2011 0.16402 0.16402 - - -

Frequency Distribution of Discounts & Premiums

    Bid/Ask MidPoint Above NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
09/30/2018 63 43 0 0 0 0 0
06/30/2018 64 49 0 0 0 0 0
03/31/2018 61 38 0 0 0 0 0
12/31/2017 63 54 1 0 0 0 0
Year Ended 2017 251 216 2 1 0 0 0
    Bid/Ask Midpoint Below NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
09/30/2018 63 20 0 0 0 0 0
06/30/2018 64 15 0 0 0 0 0
03/31/2018 61 23 0 0 0 0 0
12/31/2017 63 8 0 0 0 0 0
Year Ended 2017 251 29 2 1 0 0 0

Fund Inception: 12/02/2010

Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.


 Risk & Other Information

Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.

There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Underlying Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.

Investments focused in a particular industry, such as real estate, are more greatly impacted by market volatility, than more diversified investments.

Investments in real estate related instruments may be affected by economic, legal, or environmental factors that affect property values, rents or occupancies of real estate. Real estate companies, including REITs or similar structures, tend to be small and mid-cap companies and their shares may be more volatile and less liquid.

Securities that pay high dividends as a group can fall out of favor with the market, causing such companies to underperform companies that do not pay high dividends.

Stocks of small and mid-sized companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale.

The Dow Jones U.S. Real Estate Index is an unmanaged index considered representative of the US real estate market.

The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.

"Keefe, Bruyette & Woods, Inc.", "KBW Nasdaq Premium Yield Equity REIT Index" and "KBW" are trademarks of KBW and have been licensed for use by Invesco Capital Management LLC. The Invesco KBW Premium Yield Equity REIT ETF is not sponsored, endorsed, sold or promoted by KBW and KBW makes no representation regarding the advisability of investing in The Invesco KBW Premium Yield Equity REIT ETF. Invesco Capital Management LLC is not affiliated with KBW.

as of 12/14/2018
3:55 PM EST

KBWY
Intraday Stats

  • Last Trade $30.42
  • Current IIV $30.44
  • Change $0.00
  • % Change 0.00%
as of 12/14/2018
  • NAV at market close $30.44

as of 12/14/2018

Fund Yield

  • SEC 30 Day Yield 8.28%
  • Distribution Rate 6.83%
  • 12 Month Distribution Rate 7.78%
  • 30-Day SEC Unsubsidized Yield
    as of 12/13/2018
    8.29%
as of 12/14/2018

Prior Close

  • Closing Price $30.42
  • Bid/Ask Midpoint $30.40
  • Bid/Ask Prem/Disc -$0.04
  • Bid/Ask Prem/Disc -0.13%
as of 06/30/2018

Fund Characteristics

  • Price/Earnings Ratio1 49.40
  • Price/Book Ratio1 1.29
  • ROE2 3.99%
  • Avg Market Cap2 $1,994MM

1 Weighted Harmonic Average

2 Weighted Average

Fund Details

  • Fund Ticker KBWY
  • CUSIP # 46138E594
  • ISIN US46138E5942
  • Intraday NAV KBWYIV
  • Index Ticker KYXTR
  • Index Provider Keefe, Bruyette & Woods, Inc.
  • Management Fee 0.35%
  • Total Expense Ratio 0.35%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange NASDAQ
  • Inception Date 12/02/2010
  • # of Holdings 29
    as of 12/13/2018
as of 12/14/2018

Quick Facts

  • Previous Close $30.42
  • Open $30.36
  • Today's High $30.63
  • Today's Low $30.31
  • Today's Volume 43,766
  • 64,293 30-Day Avg Trading
    Volume
  • 52 Week High $36.83
  • 52 Week Low $29.75
  • Shares Outstanding 11.90MM
  • Market Value $362.2MM