CATF vs GCAL
American Century California Municipal Bond ETF compared with Goldman Sachs Dynamic California Municipal Income ETF on yield, payout growth, payment schedule, cost and risk.
CATF
American Century California Municipal Bond ETF
TTM yield · Monthly
GCAL
Goldman Sachs Dynamic California Municipal Income ETF
TTM yield · Monthly
Quick take
- GCAL yields more today: 3.69% vs 3.64% (forward).
- Both pay every month.
- Over the last year GCAL delivered the higher total return: +0.2% vs +0.1% (price change plus payouts).
- CATF is cheaper to own: 0.25% vs 0.30% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | CATF | GCAL |
|---|---|---|
| Share price | $48.11 | $49.03 |
| TTM yield | 3.65% | 3.69% |
| Forward yield | 3.64% | 3.69% |
| Annual payout per share | $1.7533 | $1.808 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Nov 4, 2026 (est.) | Oct 31, 2026 (est.) |
| Expense ratio | 0.25% | 0.30% |
| 1-year payout growth | — | +19.6% |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | 1 year |
| Payout consistency (last 12) | 88/100 | 95/100 |
| 1-year total return | +0.1% | +0.2% |
| 1-year price return | -3.4% | -3.3% |
| Size (market cap / AUM) | 139.1M | 200.8M |
| Years paying | 2.1 | 2.1 |
| Sector / category | Muni California Intermediate | Muni California Intermediate |
✓ 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
| CATF | GCAL | |
|---|---|---|
| Shares | 207.9 | 204.0 |
| Income per year | $364 | $369 |
| Income per month (avg) | $30 | $31 |
At forward yields, before taxes. Model CATF · Model GCAL
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| CATF Nov 4, 2026 | Nov 18, 2026 | $0.1461 | Est. |
| CATF Dec 3, 2026 | Dec 17, 2026 | $0.1461 | Est. |
| CATF Jan 1, 2027 | Jan 15, 2027 | $0.1461 | Est. |
| GCAL Oct 31, 2026 | Nov 14, 2026 | $0.1507 | Est. |
| GCAL Nov 30, 2026 | Dec 14, 2026 | $0.1507 | Est. |
| GCAL Dec 30, 2026 | Jan 13, 2027 | $0.1507 | Est. |
Annual payouts per share
CATFGCAL
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, CATF or GCAL?
GCAL currently has the higher trailing yield: CATF yields 3.65% and GCAL yields 3.69%. Yield changes daily with price, so check the live figures above.
How often do CATF and GCAL pay?
CATF pays every month and GCAL pays every month. CATF's next ex-date is Nov 4, 2026 and GCAL's is Oct 31, 2026.
Is CATF or GCAL better for income?
It depends on what you are optimising for. CATF and GCAL 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.