IYF vs PBDC
iShares U.S. Financials ETF compared with Putnam BDC Income ETF on yield, payout growth, payment schedule, cost and risk.
IYF
iShares U.S. Financials ETF
TTM yield · Quarterly
PBDC
Putnam BDC Income ETF
TTM yield · Quarterly
Quick take
- PBDC yields more today: 11.68% vs 1.28% (forward).
- IYF has grown its payout faster: 22.5%/yr vs -7.0%/yr over the last 1 year.
- Both pay every quarter.
- IYF has the longer streak of annual increases: 5 years vs 1.
- Over the last year IYF delivered the higher total return: +4.4% vs -11.7% (price change plus payouts).
- IYF is cheaper to own: 0.37% vs 11.77% expense ratio.
- PBDC has the steadier distribution: consistency 94/100 vs 80/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | IYF | PBDC |
|---|---|---|
| Share price | $130.23 | $25.11 |
| TTM yield | 1.49% | 11.82% |
| Forward yield | 1.28% | 11.68% |
| Annual payout per share | $1.672 | $2.932 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Dec 15, 2026 (est.) | Jan 5, 2027 (est.) |
| Expense ratio | 0.37% | 11.77% |
| 1-year payout growth | +22.5% | -7.0% |
| 5-year payout CAGR | +12.5% | — |
| Consecutive years of increases | 5 years | 1 year |
| Payout consistency (last 12) | 80/100 | 94/100 |
| 1-year total return | +4.4% | -11.7% |
| 1-year price return | +2.8% | -21.0% |
| Size (market cap / AUM) | 3.8B | 291.7M |
| Years paying | 26.3 | 3.8 |
| Sector / category | Financial | Financial |
✓ 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
| IYF | PBDC | |
|---|---|---|
| Shares | 76.8 | 398.2 |
| Income per year | $128 | $1,168 |
| Income per month (avg) | $11 | $97 |
At forward yields, before taxes. Model IYF · Model PBDC
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| IYF Dec 15, 2026 | Dec 29, 2026 | $0.418 | Est. |
| IYF Mar 16, 2027 | Mar 30, 2027 | $0.418 | Est. |
| IYF Jun 15, 2027 | Jun 29, 2027 | $0.418 | Est. |
| PBDC Jan 5, 2027 | Jan 19, 2027 | $0.733 | Est. |
| PBDC Apr 6, 2027 | Apr 20, 2027 | $0.733 | Est. |
| PBDC Jul 6, 2027 | Jul 20, 2027 | $0.733 | Est. |
Annual payouts per share
IYFPBDC
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, IYF or PBDC?
PBDC currently has the higher trailing yield: IYF yields 1.49% and PBDC yields 11.82%. Yield changes daily with price, so check the live figures above.
How often do IYF and PBDC pay?
IYF pays every quarter and PBDC pays every quarter. IYF's next ex-date is Dec 15, 2026 and PBDC's is Jan 5, 2027.
Which has grown its dividend faster, IYF or PBDC?
IYF has grown its payout faster: 22.5%/yr vs -7.0%/yr over the last 1 year.
Is IYF or PBDC better for income?
It depends on what you are optimising for. IYF and PBDC 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.