GAL vs PCEF
State Street Global Allocation ETF compared with Invesco CEF Income Composite ETF on yield, payout growth, payment schedule, cost and risk.
GAL
State Street Global Allocation ETF
TTM yield · Quarterly
PCEF
Invesco CEF Income Composite ETF
TTM yield · Monthly
Quick take
- PCEF yields more today: 7.85% vs 2.15% (forward).
- GAL has grown its payout faster: 13.1%/yr vs -0.0%/yr over the last 5 years.
- GAL pays every quarter; PCEF pays every month.
- Over the last year GAL delivered the higher total return: +10.5% vs +2.6% (price change plus payouts).
- GAL is cheaper to own: 0.35% vs 2.71% expense ratio.
- PCEF has the steadier distribution: consistency 95/100 vs 42/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | GAL | PCEF |
|---|---|---|
| Share price | $52.59 | $18.99 |
| TTM yield | 3.23% | 7.85% |
| Forward yield | 2.15% | 7.85% |
| Annual payout per share | $1.132 | $1.491 |
| Payment frequency | Quarterly | Monthly |
| Next ex-date | Dec 25, 2026 (est.) | Nov 16, 2026 (est.) |
| Expense ratio | 0.35% | 2.71% |
| 1-year payout growth | +25.2% | -6.6% |
| 5-year payout CAGR | +13.1% | -0.0% |
| Consecutive years of increases | 2 years | 0 years |
| Payout consistency (last 12) | 42/100 | 95/100 |
| 1-year total return | +10.5% | +2.6% |
| 1-year price return | +7.1% | -4.9% |
| Size (market cap / AUM) | 315.4M | 771.8M |
| Years paying | 14.3 | 16.6 |
| Sector / category | Global Moderate Allocation | Global Moderate Allocation |
✓ 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
| GAL | PCEF | |
|---|---|---|
| Shares | 190.2 | 526.6 |
| Income per year | $215 | $785 |
| Income per month (avg) | $18 | $65 |
At forward yields, before taxes. Model GAL · Model PCEF
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| GAL Dec 25, 2026 | Jan 8, 2027 | $0.283 | Est. |
| GAL Mar 26, 2027 | Apr 9, 2027 | $0.283 | Est. |
| GAL Jun 25, 2027 | Jul 9, 2027 | $0.283 | Est. |
| PCEF Nov 16, 2026 | Nov 30, 2026 | $0.1243 | Est. |
| PCEF Dec 14, 2026 | Dec 28, 2026 | $0.1242 | Est. |
| PCEF Jan 11, 2027 | Jan 25, 2027 | $0.1242 | Est. |
Annual payouts per share
GALPCEF
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, GAL or PCEF?
PCEF currently has the higher trailing yield: GAL yields 3.23% and PCEF yields 7.85%. Yield changes daily with price, so check the live figures above.
How often do GAL and PCEF pay?
GAL pays every quarter and PCEF pays every month. GAL's next ex-date is Dec 25, 2026 and PCEF's is Nov 16, 2026.
Which has grown its dividend faster, GAL or PCEF?
GAL has grown its payout faster: 13.1%/yr vs -0.0%/yr over the last 5 years.
Is GAL or PCEF better for income?
It depends on what you are optimising for. GAL and PCEF 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.