KBWY - KBWY: Wasting Capital In Risky REITs To Pay An 8% Yield

2024-04-08 06:00:00 ET

Summary

• Invesco KBW Premium Yield Equity REIT ETF holds a portfolio of 30 equity REITs focused on higher yields.
• The 8% yield looks very attractive for income-oriented investors.
• Nonetheless, it has several shortcomings: high volatility, capital decay, distribution decay after 2016, and a bad rating of the largest holding.

KBWY strategy

Invesco KBW Premium Yield Equity REIT ETF ( KBWY ) started investing operations on 12/02/2010 and tracks the KBW Nasdaq Premium Yield Equity REIT Index. It has 31 holdings (including cash), a SEC 30-Day Yield of 7.98%, and a total expense ratio of 0.35%. Distributions are paid monthly....

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