MBB vs PMBS
iShares MBS ETF compared with PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund on yield, payout growth, payment schedule, cost and risk.
MBB
iShares MBS ETF
TTM yield · Monthly
PMBS
PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund
TTM yield · Monthly
Quick take
- PMBS yields more today: 4.89% vs 4.37% (forward).
- Both pay every month.
- Over the last year PMBS delivered the higher total return: +2.7% vs +2.4% (price change plus payouts).
- MBB is cheaper to own: 0.04% vs 0.71% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | MBB | PMBS |
|---|---|---|
| Share price | $92.53 | $48.31 |
| TTM yield | 4.37% | 4.89% |
| Forward yield | 4.37% | 4.89% |
| Annual payout per share | $4.04 | $2.36 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 1, 2026 (est.) | Oct 1, 2026 (est.) |
| Expense ratio | 0.04% | 0.71% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 99/100 | 93/100 |
| 1-year total return | +2.4% | +2.7% |
| 1-year price return | -1.9% | -2.1% |
| Size (market cap / AUM) | 39.6B | 1.4B |
| Years paying | 19.4 | 1.9 |
| Sector / category | Government Mortgage-Backed Bond | Government Mortgage-Backed Bond |
✓ 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
| MBB | PMBS | |
|---|---|---|
| Shares | 108.1 | 207.0 |
| Income per year | $437 | $489 |
| Income per month (avg) | $36 | $41 |
At forward yields, before taxes. Model MBB · Model PMBS
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| MBB Oct 1, 2026 | Oct 4, 2026 | $0.3367 | Est. |
| MBB Oct 31, 2026 | Nov 3, 2026 | $0.3367 | Est. |
| MBB Nov 30, 2026 | Dec 3, 2026 | $0.3367 | Est. |
| PMBS Oct 1, 2026 | Oct 3, 2026 | $0.1967 | Est. |
| PMBS Oct 31, 2026 | Nov 2, 2026 | $0.1967 | Est. |
| PMBS Nov 30, 2026 | Dec 2, 2026 | $0.1967 | Est. |
Annual payouts per share
MBBPMBS
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, MBB or PMBS?
PMBS currently has the higher trailing yield: MBB yields 4.37% and PMBS yields 4.89%. Yield changes daily with price, so check the live figures above.
How often do MBB and PMBS pay?
MBB pays every month and PMBS pays every month. MBB's next ex-date is Oct 1, 2026 and PMBS's is Oct 1, 2026.
Is MBB or PMBS better for income?
It depends on what you are optimising for. MBB and PMBS 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.