CGSM vs PVI

Capital Group Short Duration Municipal Income ETF compared with Invesco Floating Rate Municipal Income ETF on yield, payout growth, payment schedule, cost and risk.

CGSM

Capital Group Short Duration Municipal Income ETF

3.10%

TTM yield · Monthly

VS

PVI

Invesco Floating Rate Municipal Income ETF

2.22%

TTM yield · Monthly

Quick take

Generated from the latest data on both pages. Not a recommendation.

Side by side

MetricCGSMPVI
Share price$26.19$24.81
TTM yield3.10%2.22%
Forward yield3.10%2.22%
Annual payout per share$0.812$0.55
Payment frequencyMonthlyMonthly
Next ex-dateOct 1, 2026 (est.)Sep 21, 2026 (est.)
Expense ratio0.25%0.25%
1-year payout growth-1.1%
5-year payout CAGR
Consecutive years of increases0 years
Payout consistency (last 12)86/10081/100
1-year total return+2.9%+2.0%
1-year price return-0.2%-0.2%
Size (market cap / AUM)1.6B31.0M
Years paying2.918.7
Sector / categoryMuni National ShortMuni National Short

✓ 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

CGSMPVI
Shares381.8403.1
Income per year$310$222
Income per month (avg)$26$18

At forward yields, before taxes. Model CGSM · Model PVI

Next payments

Ex-datePay datePer shareStatus
CGSM Oct 1, 2026Oct 15, 2026$0.0677Est.
CGSM Nov 1, 2026Nov 15, 2026$0.0677Est.
CGSM Dec 2, 2026Dec 16, 2026$0.0677Est.
PVI Sep 21, 2026Oct 5, 2026$0.0458Est.
PVI Oct 19, 2026Nov 2, 2026$0.0458Est.
PVI Nov 16, 2026Nov 30, 2026$0.0458Est.

Annual payouts per share

CGSMPVI

Annual dividend per share, CGSM vs PVI, 2019 to 2026PVICGSM$0.00$0.50$1.00CGSM 2019: $0.00PVI 2019: $0.2872019CGSM 2020: $0.00PVI 2020: $0.0892020CGSM 2021: $0.00PVI 2021: $0.002021CGSM 2022: $0.00PVI 2022: $0.142022CGSM 2023: $0.218PVI 2023: $0.8322023CGSM 2024: $0.809PVI 2024: $0.6712024CGSM 2025: $0.803PVI 2025: $0.5542025CGSM 2026 (YTD): $0.539PVI 2026 (YTD): $0.3492026 YTD

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, CGSM or PVI?

CGSM currently has the higher trailing yield: CGSM yields 3.10% and PVI yields 2.22%. Yield changes daily with price, so check the live figures above.

How often do CGSM and PVI pay?

CGSM pays every month and PVI pays every month. CGSM's next ex-date is Oct 1, 2026 and PVI's is Sep 21, 2026.

Is CGSM or PVI better for income?

It depends on what you are optimising for. CGSM and PVI 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.

CGSM dividend history →
PVI dividend history →

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