FLBL vs PFRL
Franklin Senior Loan ETF compared with PGIM Floating Rate Income ETF on yield, payout growth, payment schedule, cost and risk.
FLBL
Franklin Senior Loan ETF
TTM yield · Monthly
PFRL
PGIM Floating Rate Income ETF
TTM yield · Monthly
Quick take
- FLBL yields more today: 7.45% vs 6.30% (forward).
- Both pay every month.
- Over the last year PFRL delivered the higher total return: +5.1% vs +2.5% (price change plus payouts).
- FLBL is cheaper to own: 0.45% vs 0.72% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | FLBL | PFRL |
|---|---|---|
| Share price | $23.08 | $49.85 |
| TTM yield | 7.45% | 6.30% |
| Forward yield | 7.45% | 6.30% |
| Annual payout per share | $1.719 | $3.139 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 1, 2026 (est.) | Sep 30, 2026 (est.) |
| Expense ratio | 0.45% | 0.72% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 86/100 | 80/100 |
| 1-year total return | +2.5% | +5.1% |
| 1-year price return | -4.6% | -1.1% |
| Size (market cap / AUM) | 866.7M | 125.5M |
| Years paying | 8.2 | 4.2 |
| Sector / category | Bank Loan | Bank Loan |
✓ 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
| FLBL | PFRL | |
|---|---|---|
| Shares | 433.2 | 200.6 |
| Income per year | $745 | $630 |
| Income per month (avg) | $62 | $52 |
At forward yields, before taxes. Model FLBL · Model PFRL
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| FLBL Oct 1, 2026 | Oct 15, 2026 | $0.1433 | Est. |
| FLBL Oct 31, 2026 | Nov 14, 2026 | $0.1432 | Est. |
| FLBL Nov 30, 2026 | Dec 14, 2026 | $0.1432 | Est. |
| PFRL Sep 30, 2026 | Oct 14, 2026 | $0.2616 | Est. |
| PFRL Oct 30, 2026 | Nov 13, 2026 | $0.2616 | Est. |
| PFRL Nov 29, 2026 | Dec 13, 2026 | $0.2616 | Est. |
Annual payouts per share
FLBLPFRL
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, FLBL or PFRL?
FLBL currently has the higher trailing yield: FLBL yields 7.45% and PFRL yields 6.30%. Yield changes daily with price, so check the live figures above.
How often do FLBL and PFRL pay?
FLBL pays every month and PFRL pays every month. FLBL's next ex-date is Oct 1, 2026 and PFRL's is Sep 30, 2026.
Is FLBL or PFRL better for income?
It depends on what you are optimising for. FLBL and PFRL 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.