Jim Lebenthal PowerShares KBW High Div Yld Fincl ETF KBWD-Q BUY Oct 07, 2022

It has a lot of REITs and private equity, which he doesn't like.

These are mostly the smaller regional banks, which are raising their dividends after passing the stress test. Higher interest rates will not hurt these dividends unless we get rising rates at the short end of the curve without a commensurate rise of the 10-year rate. Nothing wrong with this ETF at all.

This should be doing a lot better. They don't have much international exposure, so a strong ISD doesn't effect them. Also owns HBG, also surprised it hasn't moved up more. But he would be in these names.