BCLO vs PAAA
iShares BBB-B CLO Active ETF compared with PGIM AAA CLO ETF on yield, payout growth, payment schedule, cost and risk.
BCLO
iShares BBB-B CLO Active ETF
TTM yield · Monthly
PAAA
PGIM AAA CLO ETF
TTM yield · Monthly
Quick take
- BCLO yields more today: 6.33% vs 4.65% (forward).
- Both pay every month.
- Over the last year BCLO delivered the higher total return: +5.2% vs +4.5% (price change plus payouts).
- PAAA is cheaper to own: 0.19% vs 0.45% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | BCLO | PAAA |
|---|---|---|
| Share price | $49.65 | $51.43 |
| TTM yield | 6.33% | 4.65% |
| Forward yield | 6.33% | 4.65% |
| Annual payout per share | $3.141 | $2.392 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 31, 2026 (est.) | Oct 30, 2026 (est.) |
| Expense ratio | 0.45% | 0.19% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 94/100 | 95/100 |
| 1-year total return | +5.2% | +4.5% |
| 1-year price return | -1.1% | -0.1% |
| Size (market cap / AUM) | 99.6M | 13.9B |
| Years paying | 1.6 | 3.1 |
| Sector / category | Securitized Bond - Focused | Securitized Bond - Focused |
✓ 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
| BCLO | PAAA | |
|---|---|---|
| Shares | 201.4 | 194.4 |
| Income per year | $633 | $465 |
| Income per month (avg) | $53 | $39 |
At forward yields, before taxes. Model BCLO · Model PAAA
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| BCLO Oct 31, 2026 | Nov 3, 2026 | $0.2617 | Est. |
| BCLO Nov 30, 2026 | Dec 3, 2026 | $0.2617 | Est. |
| BCLO Dec 30, 2026 | Jan 2, 2027 | $0.2617 | Est. |
| PAAA Oct 30, 2026 | Nov 13, 2026 | $0.1993 | Est. |
| PAAA Nov 29, 2026 | Dec 13, 2026 | $0.1993 | Est. |
| PAAA Dec 29, 2026 | Jan 12, 2027 | $0.1993 | Est. |
Annual payouts per share
BCLOPAAA
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, BCLO or PAAA?
BCLO currently has the higher trailing yield: BCLO yields 6.33% and PAAA yields 4.65%. Yield changes daily with price, so check the live figures above.
How often do BCLO and PAAA pay?
BCLO pays every month and PAAA pays every month. BCLO's next ex-date is Oct 31, 2026 and PAAA's is Oct 30, 2026.
Is BCLO or PAAA better for income?
It depends on what you are optimising for. BCLO and PAAA 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.