AOR vs PCEF
iShares Core 60/40 Balanced Allocation ETF compared with Invesco CEF Income Composite ETF on yield, payout growth, payment schedule, cost and risk.
AOR
iShares Core 60/40 Balanced Allocation ETF
TTM yield · Quarterly
PCEF
Invesco CEF Income Composite ETF
TTM yield · Monthly
Quick take
- PCEF yields more today: 7.50% vs 2.98% (forward).
- AOR has grown its payout faster: 14.8%/yr vs -1.3%/yr over the last 5 years.
- AOR pays every quarter; PCEF pays every month.
- Over the last year AOR delivered the higher total return: +14.4% vs +9.2% (price change plus payouts).
- AOR is cheaper to own: 0.15% vs 2.71% expense ratio.
- PCEF has the steadier distribution: consistency 96/100 vs 61/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | AOR | PCEF |
|---|---|---|
| Share price | $70.09 | $20.28 |
| TTM yield | 2.52% | 7.50% |
| Forward yield | 2.98% | 7.50% |
| Annual payout per share | $2.088 | $1.522 |
| Payment frequency | Quarterly | Monthly |
| Next ex-date | Oct 1, 2026 (est.) | Sep 21, 2026 (est.) |
| Expense ratio | 0.15% | 2.71% |
| 1-year payout growth | +10.8% | -5.2% |
| 5-year payout CAGR | +14.8% | -1.3% |
| Consecutive years of increases | 3 years | 0 years |
| Payout consistency (last 12) | 61/100 | 96/100 |
| 1-year total return | +14.4% | +9.2% |
| 1-year price return | +11.6% | +1.6% |
| Size (market cap / AUM) | 3.8B | 812.3M |
| Years paying | 17.7 | 16.5 |
| Sector / category | Global Moderate Allocation | Global Moderate Allocation |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| AOR | PCEF | |
|---|---|---|
| Shares | 142.7 | 493.1 |
| Income per year | $298 | $750 |
| Income per month (avg) | $25 | $63 |
At forward yields, before taxes. Model AOR · Model PCEF
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| AOR Oct 1, 2026 | Oct 15, 2026 | $0.522 | Est. |
| AOR Dec 31, 2026 | Jan 14, 2027 | $0.522 | Est. |
| AOR Apr 1, 2027 | Apr 15, 2027 | $0.522 | Est. |
| PCEF Sep 21, 2026 | Oct 5, 2026 | $0.1268 | Est. |
| PCEF Oct 19, 2026 | Nov 2, 2026 | $0.1268 | Est. |
| PCEF Nov 16, 2026 | Nov 30, 2026 | $0.1268 | Est. |
Annual payouts per share
AORPCEF
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, AOR or PCEF?
PCEF currently has the higher trailing yield: AOR yields 2.52% and PCEF yields 7.50%. Yield changes daily with price, so check the live figures above.
How often do AOR and PCEF pay?
AOR pays every quarter and PCEF pays every month. AOR's next ex-date is Oct 1, 2026 and PCEF's is Sep 21, 2026.
Which has grown its dividend faster, AOR or PCEF?
AOR has grown its payout faster: 14.8%/yr vs -1.3%/yr over the last 5 years.
Is AOR or PCEF better for income?
It depends on what you are optimising for. AOR and PCEF differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.