Invesco KBW Premium Yield Equity REIT ETF
KBWY

$21.39

0.7%

Market Cap: $248M

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

8% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 13

2.89% less ownership

Funds ownership: 18.61% [Q1] → 15.72% (-2.89%) [Q2]

17% less funds holding

Funds holding: 52 [Q1] → 43 (-9) [Q2]

18% less capital invested

Capital invested by funds: $36.8M [Q1] → $30.3M (-$6.5M) [Q2]

53% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 17

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Research analyst outlook

We haven’t received any recent analyst ratings for KBWY.

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Financial journalist opinion

Based on 5 articles about KBWY published over the past 30 days

Zacks Investment Research

Is Invesco KBW Premium Yield Equity REIT ETF (KBWY) a Strong ETF Right Now?

Designed to provide broad exposure to the Real Estate ETFs category of the market, the Invesco KBW Premium Yield Equity REIT ETF (KBWY) is a smart beta exchange traded fund launched on 12/02/2010.

Is Invesco KBW Premium Yield Equity REIT ETF (KBWY) a Strong ETF Right Now?

Following their worst week since mid-2023, U.S. equity markets rebounded this week while benchmark interest rates dipped to two-year lows as investors parsed a relatively encouraging slate of inflation data. The critical CPI and PPI reports showed that - excluding the dubious shelter component - consumer and producer price pressures now appear well-contained, following the painful pandemic-era inflation surge. The S&P 500 rallied 4.0%, lifting the major equity benchmark to within 0.5% of fresh record highs. The policy-sensitive 2-Year Treasury Yield dipped to the lowest level in two years.

Fed Ahead

REITs Are Still Undervalued Despite Recent Outperformance

REITs have outperformed the broader market since early July, prompting a valuation check to ensure they haven't become overvalued. Using a bottom-up methodology, REITs trade at a market cap weighted AFFO multiple of 19.87X, cheaper than the S&P's 21.0X forward P/E. REITs offer higher revenue growth and profit margins compared to the S&P, positioning them for potential outperformance.

REITs Are Still Undervalued Despite Recent Outperformance

The September Swoon

U.S. equity markets posted their worst week since March 2023 while benchmark interest rates tumbled to eighteen-month lows after employment data indicated a further cooling in economic momentum. Among several disappointing reports, BLS Nonfarm Payrolls data showed that the U.S. economy added just 142k jobs in August, while prior months were again revised sharply lower. Snapping a four-week winning streak that lifted the major benchmark to the cusp of record highs, the S&P 500 tumbled 4.1% this week. Technology stocks dragged on the downside.

The September Swoon

The Time Has Come

U.S. equity markets rallied this week while benchmark interest rates tumbled to the lows of the year after Fed Chair Powell stated that the "time has come" to cut rates. The dovish pivot, underscored by an emphasis on "cooling labor markets," was further supported by data from the BLS showing that job growth has been far weaker than initially reported. The S&P 500 gained 1.4% this week, lifting the major benchmark to back within 0.5% of all-time record-highs. The Small-Cap 600 and Mid-Cap 400 each rallied nearly 3%.

The Time Has Come

The Motley Fool

3 High-Yield Dividend ETFs to Buy to Generate Passive Income

The ProShares S&P 500 Dividend Aristocrats® ETF owns stocks that have raised dividends for at least 25 straight years. The SPDR Portfolio S&P 500 High Dividend ETF owns high-yielding equities.

3 High-Yield Dividend ETFs to Buy to Generate Passive Income

The REIT Comeback: Earnings Recap

Over 200 U.S. REITs and homebuilders have reported second-quarter earnings results over the past six weeks, providing critical information on the state of the commercial and residential real estate industry. In this report, we highlight some quick incremental positives and negatives we've observed across each of the major property sectors. Next week, we'll publish our detailed "Winners & Losers" Report. Of the 96 equity REITs that provide full-year FFO guidance, 57 (59%) raised their outlook, while 13 (14%) lowered - well above the historical second-quarter average "raise rate" of 40-45%.

The REIT Comeback: Earnings Recap

Behind The Curve

U.S. equity markets tumbled in a volatile week, while benchmark interest rates plunged by the most since December 2008 after employment data showed decisive evidence of weakening labor market conditions. Volatility was amplified by a confluence of central bank policy decisions, a hit-and-miss slate of corporate earnings results, an intensification of geopolitical risks, and a re-pricing of domestic political expectations. Among several weak employment reports, the critical nonfarm payrolls report showed that the unemployment rate jumped to the highest level since 2021 in July, and the report was even weaker under-the-surface.

Behind The Curve

REIT Earnings Halftime Report

We're at the halfway point of another consequential real estate earnings season, with 75 of the roughly 150 equity REITs and 19 of 38 mortgage REITs now having reported results. Amid an otherwise underwhelming earnings season across the broader equity market, REIT earnings results thus far have been materially better than anticipated, providing an added tailwind to rate-related optimism. Of the 65 equity REITs that have provided full-year guidance for Funds from Operations ("FFO"), 44 (68%) have raised their full-year outlook, while just 6 (8%) have lowered their outlook.

REIT Earnings Halftime Report

3 REIT Types Poised To Soar

REITs are surging in value right now. Some REITs have a lot more upside potential than others. Here are three types of REITs that will soar.

3 REIT Types Poised To Soar

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