KBWB vs PBDC
Invesco KBW Bank ETF compared with Putnam BDC Income ETF on yield, payout growth, payment schedule, cost and risk.
KBWB
Invesco KBW Bank ETF
TTM yield · Quarterly
PBDC
Putnam BDC Income ETF
TTM yield · Quarterly
Quick take
- PBDC yields more today: 11.68% vs 2.14% (forward).
- KBWB has grown its payout faster: 14.3%/yr vs -7.0%/yr over the last 1 year.
- Both pay every quarter.
- Over the last year KBWB delivered the higher total return: +12.2% vs -11.7% (price change plus payouts).
- KBWB is cheaper to own: 0.35% vs 11.77% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | KBWB | PBDC |
|---|---|---|
| Share price | $85.85 | $25.11 |
| TTM yield | 2.17% | 11.82% |
| Forward yield | 2.14% | 11.68% |
| Annual payout per share | $1.84 | $2.932 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Dec 21, 2026 (est.) | Jan 5, 2027 (est.) |
| Expense ratio | 0.35% | 11.77% |
| 1-year payout growth | +14.3% | -7.0% |
| 5-year payout CAGR | +7.6% | — |
| Consecutive years of increases | 1 year | 1 year |
| Payout consistency (last 12) | 92/100 | 94/100 |
| 1-year total return | +12.2% | -11.7% |
| 1-year price return | +9.8% | -21.0% |
| Size (market cap / AUM) | 6.2B | 291.7M |
| Years paying | 14.8 | 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
| KBWB | PBDC | |
|---|---|---|
| Shares | 116.5 | 398.2 |
| Income per year | $214 | $1,168 |
| Income per month (avg) | $18 | $97 |
At forward yields, before taxes. Model KBWB · Model PBDC
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| KBWB Dec 21, 2026 | Dec 25, 2026 | $0.46 | Est. |
| KBWB Mar 22, 2027 | Mar 26, 2027 | $0.46 | Est. |
| KBWB Jun 21, 2027 | Jun 25, 2027 | $0.46 | 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
KBWBPBDC
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, KBWB or PBDC?
PBDC currently has the higher trailing yield: KBWB yields 2.17% and PBDC yields 11.82%. Yield changes daily with price, so check the live figures above.
How often do KBWB and PBDC pay?
KBWB pays every quarter and PBDC pays every quarter. KBWB's next ex-date is Dec 21, 2026 and PBDC's is Jan 5, 2027.
Which has grown its dividend faster, KBWB or PBDC?
KBWB has grown its payout faster: 14.3%/yr vs -7.0%/yr over the last 1 year.
Is KBWB or PBDC better for income?
It depends on what you are optimising for. KBWB 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.