PBDC vs XLF
Putnam BDC Income ETF compared with State Street Financial Select Sector SPDR ETF on yield, payout growth, payment schedule, cost and risk.
PBDC
Putnam BDC Income ETF
TTM yield · Quarterly
XLF
State Street Financial Select Sector SPDR ETF
TTM yield · Quarterly
Quick take
- PBDC yields more today: 11.68% vs 1.41% (forward).
- XLF has grown its payout faster: 12.4%/yr vs -7.0%/yr over the last 1 year.
- Both pay every quarter.
- Over the last year XLF delivered the higher total return: +5.3% vs -11.7% (price change plus payouts).
- XLF is cheaper to own: 0.08% vs 11.77% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | PBDC | XLF |
|---|---|---|
| Share price | $25.11 | $55.90 |
| TTM yield | 11.82% | 1.48% |
| Forward yield | 11.68% | 1.41% |
| Annual payout per share | $2.932 | $0.788 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Jan 5, 2027 (est.) | Dec 21, 2026 (est.) |
| Expense ratio | 11.77% | 0.08% |
| 1-year payout growth | -7.0% | +12.4% |
| 5-year payout CAGR | — | +6.5% |
| Consecutive years of increases | 1 year | 0 years |
| Payout consistency (last 12) | 94/100 | 87/100 |
| 1-year total return | -11.7% | +5.3% |
| 1-year price return | -21.0% | +3.8% |
| Size (market cap / AUM) | 291.7M | 51.0B |
| Years paying | 3.8 | 27.6 |
| 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
| PBDC | XLF | |
|---|---|---|
| Shares | 398.2 | 178.9 |
| Income per year | $1,168 | $141 |
| Income per month (avg) | $97 | $12 |
At forward yields, before taxes. Model PBDC · Model XLF
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| 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. |
| XLF Dec 21, 2026 | Jan 4, 2027 | $0.197 | Est. |
| XLF Mar 22, 2027 | Apr 5, 2027 | $0.197 | Est. |
| XLF Jun 21, 2027 | Jul 5, 2027 | $0.197 | Est. |
Annual payouts per share
PBDCXLF
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, PBDC or XLF?
PBDC currently has the higher trailing yield: PBDC yields 11.82% and XLF yields 1.48%. Yield changes daily with price, so check the live figures above.
How often do PBDC and XLF pay?
PBDC pays every quarter and XLF pays every quarter. PBDC's next ex-date is Jan 5, 2027 and XLF's is Dec 21, 2026.
Which has grown its dividend faster, PBDC or XLF?
XLF has grown its payout faster: 12.4%/yr vs -7.0%/yr over the last 1 year.
Is PBDC or XLF better for income?
It depends on what you are optimising for. PBDC and XLF 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.