LOCT vs PBFR
Innovator Premium Income 15 Buffer ETF - October compared with PGIM Laddered S&P 500 Buffer 20 ETF on yield, payout growth, payment schedule, cost and risk.
LOCT
Innovator Premium Income 15 Buffer ETF - October
TTM yield · Monthly
PBFR
PGIM Laddered S&P 500 Buffer 20 ETF
TTM yield · Annual
Quick take
- LOCT yields more today: 5.17% vs 0.01% (forward).
- LOCT pays every month; PBFR pays once a year.
- Over the last year PBFR delivered the higher total return: +10.1% vs +5.5% (price change plus payouts).
- PBFR is cheaper to own: 0.50% vs 0.79% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | LOCT | PBFR |
|---|---|---|
| Share price | $23.89 | $31.49 |
| TTM yield | 5.17% | 0.01% |
| Forward yield | 5.17% | 0.01% |
| Annual payout per share | $1.236 | $0.002 |
| Payment frequency | Monthly | Annual |
| Next ex-date | Oct 30, 2026 (est.) | Jan 2, 2027 (est.) |
| Expense ratio | 0.79% | 0.50% |
| 1-year payout growth | +1.0% | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 1 year | 0 years |
| Payout consistency (last 12) | 100/100 | — |
| 1-year total return | +5.5% | +10.1% |
| 1-year price return | +0.3% | +10.1% |
| Size (market cap / AUM) | 10.7M | 225.6M |
| Years paying | 3.0 | 1.8 |
| Sector / category | Defined Outcome | Defined Outcome |
✓ 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
| LOCT | PBFR | |
|---|---|---|
| Shares | 418.6 | 317.6 |
| Income per year | $517 | $1 |
| Income per month (avg) | $43 | $0 |
At forward yields, before taxes. Model LOCT · Model PBFR
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| LOCT Oct 30, 2026 | Nov 13, 2026 | $0.103 | Est. |
| LOCT Nov 29, 2026 | Dec 13, 2026 | $0.103 | Est. |
| LOCT Dec 29, 2026 | Jan 12, 2027 | $0.103 | Est. |
| PBFR Jan 2, 2027 | Jan 16, 2027 | $0.002 | Est. |
Annual payouts per share
LOCTPBFR
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, LOCT or PBFR?
LOCT currently has the higher trailing yield: LOCT yields 5.17% and PBFR yields 0.01%. Yield changes daily with price, so check the live figures above.
How often do LOCT and PBFR pay?
LOCT pays every month and PBFR pays once a year. LOCT's next ex-date is Oct 30, 2026 and PBFR's is Jan 2, 2027.
Is LOCT or PBFR better for income?
It depends on what you are optimising for. LOCT and PBFR 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.