PRFD vs VRP
PIMCO Preferred And Capital Securities Active Exchange-Traded Fund compared with Invesco Variable Rate Preferred ETF on yield, payout growth, payment schedule, cost and risk.
PRFD
PIMCO Preferred And Capital Securities Active Exchange-Traded Fund
TTM yield · Monthly
VRP
Invesco Variable Rate Preferred ETF
TTM yield · Monthly
Quick take
- PRFD yields more today: 6.08% vs 5.94% (forward).
- PRFD has grown its payout faster: 2.4%/yr vs -4.0%/yr over the last 1 year.
- Both pay every month.
- Over the last year VRP delivered the higher total return: +1.1% vs +0.4% (price change plus payouts).
- VRP is cheaper to own: 0.50% vs 0.73% expense ratio.
- PRFD has the steadier distribution: consistency 98/100 vs 65/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | PRFD | VRP |
|---|---|---|
| Share price | $49.04 | $23.56 |
| TTM yield | 6.08% | 5.94% |
| Forward yield | 6.08% | 5.94% |
| Annual payout per share | $2.98 | $1.40 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 31, 2026 (est.) | Nov 16, 2026 (est.) |
| Expense ratio | 0.73% | 0.50% |
| 1-year payout growth | +2.4% | -4.0% |
| 5-year payout CAGR | — | +6.6% |
| Consecutive years of increases | 1 year | 1 year |
| Payout consistency (last 12) | 98/100 | 65/100 |
| 1-year total return | +0.4% | +1.1% |
| 1-year price return | -5.3% | -4.6% |
| Size (market cap / AUM) | 234.0M | 3.0B |
| Years paying | 3.6 | 12.4 |
| Sector / category | Preferred Stock | Preferred Stock |
✓ 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
| PRFD | VRP | |
|---|---|---|
| Shares | 203.9 | 424.4 |
| Income per year | $608 | $594 |
| Income per month (avg) | $51 | $50 |
At forward yields, before taxes. Model PRFD · Model VRP
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| PRFD Oct 31, 2026 | Nov 14, 2026 | $0.2483 | Est. |
| PRFD Nov 30, 2026 | Dec 14, 2026 | $0.2483 | Est. |
| PRFD Dec 30, 2026 | Jan 13, 2027 | $0.2483 | Est. |
| VRP Nov 16, 2026 | Nov 30, 2026 | $0.1167 | Est. |
| VRP Dec 14, 2026 | Dec 28, 2026 | $0.1167 | Est. |
| VRP Jan 11, 2027 | Jan 25, 2027 | $0.1167 | Est. |
Annual payouts per share
PRFDVRP
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, PRFD or VRP?
PRFD currently has the higher trailing yield: PRFD yields 6.08% and VRP yields 5.94%. Yield changes daily with price, so check the live figures above.
How often do PRFD and VRP pay?
PRFD pays every month and VRP pays every month. PRFD's next ex-date is Oct 31, 2026 and VRP's is Nov 16, 2026.
Which has grown its dividend faster, PRFD or VRP?
PRFD has grown its payout faster: 2.4%/yr vs -4.0%/yr over the last 1 year.
Is PRFD or VRP better for income?
It depends on what you are optimising for. PRFD and VRP 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.