EPRF vs PGX
Innovator S&P Investment Grade Preferred ETF compared with Invesco Preferred ETF on yield, payout growth, payment schedule, cost and risk.
EPRF
Innovator S&P Investment Grade Preferred ETF
TTM yield · Monthly
PGX
Invesco Preferred ETF
TTM yield · Monthly
Quick take
- PGX yields more today: 6.90% vs 6.51% (forward).
- PGX has grown its payout faster: 0.3%/yr vs -3.6%/yr over the last 5 years.
- Both pay every month.
- Over the last year PGX delivered the higher total return: -8.7% vs -9.2% (price change plus payouts).
- EPRF is cheaper to own: 0.47% vs 0.50% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | EPRF | PGX |
|---|---|---|
| Share price | $15.58 | $9.91 |
| TTM yield | 6.51% | 6.90% |
| Forward yield | 6.51% | 6.90% |
| Annual payout per share | $1.015 | $0.684 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 30, 2026 (est.) | Nov 16, 2026 (est.) |
| Expense ratio | 0.47% | 0.50% |
| 1-year payout growth | -8.0% | +1.0% |
| 5-year payout CAGR | -3.6% | +0.3% |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | 98/100 | 92/100 |
| 1-year total return | -9.2% | -8.7% |
| 1-year price return | -14.8% | -14.6% |
| Size (market cap / AUM) | 63.7M | 3.6B |
| Years paying | 10.3 | 18.7 |
| Sector / category | Preferred Stock | Preferred Stock |
✓ 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
| EPRF | PGX | |
|---|---|---|
| Shares | 641.8 | 1,009.1 |
| Income per year | $651 | $690 |
| Income per month (avg) | $54 | $58 |
At forward yields, before taxes. Model EPRF · Model PGX
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| EPRF Oct 30, 2026 | Nov 13, 2026 | $0.0846 | Est. |
| EPRF Nov 29, 2026 | Dec 13, 2026 | $0.0846 | Est. |
| EPRF Dec 29, 2026 | Jan 12, 2027 | $0.0846 | Est. |
| PGX Nov 16, 2026 | Nov 30, 2026 | $0.057 | Est. |
| PGX Dec 14, 2026 | Dec 28, 2026 | $0.057 | Est. |
| PGX Jan 11, 2027 | Jan 25, 2027 | $0.057 | Est. |
Annual payouts per share
EPRFPGX
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, EPRF or PGX?
PGX currently has the higher trailing yield: EPRF yields 6.51% and PGX yields 6.90%. Yield changes daily with price, so check the live figures above.
How often do EPRF and PGX pay?
EPRF pays every month and PGX pays every month. EPRF's next ex-date is Oct 30, 2026 and PGX's is Nov 16, 2026.
Which has grown its dividend faster, EPRF or PGX?
PGX has grown its payout faster: 0.3%/yr vs -3.6%/yr over the last 5 years.
Is EPRF or PGX better for income?
It depends on what you are optimising for. EPRF and PGX 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.