GYLD vs PCEF
Arrow Dow Jones Global Yield ETF compared with Invesco CEF Income Composite ETF on yield, payout growth, payment schedule, cost and risk.
GYLD
Arrow Dow Jones Global Yield ETF
TTM yield · Monthly
PCEF
Invesco CEF Income Composite ETF
TTM yield · Monthly
Quick take
- PCEF yields more today: 7.85% vs 7.27% (forward).
- GYLD has grown its payout faster: 5.2%/yr vs -0.0%/yr over the last 5 years.
- Both pay every month.
- Over the last year GYLD delivered the higher total return: +7.3% vs +2.6% (price change plus payouts).
- GYLD is cheaper to own: 0.75% vs 2.71% expense ratio.
- PCEF has the steadier distribution: consistency 95/100 vs 66/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | GYLD | PCEF |
|---|---|---|
| Share price | $13.28 | $18.99 |
| TTM yield | 7.82% | 7.85% |
| Forward yield | 7.27% | 7.85% |
| Annual payout per share | $0.9655 | $1.491 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Nov 15, 2026 (est.) | Nov 16, 2026 (est.) |
| Expense ratio | 0.75% | 2.71% |
| 1-year payout growth | -15.0% | -6.6% |
| 5-year payout CAGR | +5.2% | -0.0% |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | 66/100 | 95/100 |
| 1-year total return | +7.3% | +2.6% |
| 1-year price return | -0.5% | -4.9% |
| Size (market cap / AUM) | 37.1M | 771.8M |
| Years paying | 14.4 | 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
| GYLD | PCEF | |
|---|---|---|
| Shares | 753.0 | 526.6 |
| Income per year | $727 | $785 |
| Income per month (avg) | $61 | $65 |
At forward yields, before taxes. Model GYLD · Model PCEF
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| GYLD Nov 15, 2026 | Nov 29, 2026 | $0.0805 | Est. |
| GYLD Dec 15, 2026 | Dec 29, 2026 | $0.0805 | Est. |
| GYLD Jan 14, 2027 | Jan 28, 2027 | $0.0805 | 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
GYLDPCEF
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, GYLD or PCEF?
PCEF currently has the higher trailing yield: GYLD yields 7.82% and PCEF yields 7.85%. Yield changes daily with price, so check the live figures above.
How often do GYLD and PCEF pay?
GYLD pays every month and PCEF pays every month. GYLD's next ex-date is Nov 15, 2026 and PCEF's is Nov 16, 2026.
Which has grown its dividend faster, GYLD or PCEF?
GYLD has grown its payout faster: 5.2%/yr vs -0.0%/yr over the last 5 years.
Is GYLD or PCEF better for income?
It depends on what you are optimising for. GYLD 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.