PSQO vs PYLD
Palmer Square Credit Opportunities ETF compared with PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund on yield, payout growth, payment schedule, cost and risk.
PSQO
Palmer Square Credit Opportunities ETF
TTM yield · Quarterly
PYLD
PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund
TTM yield · Monthly
Quick take
- PYLD yields more today: 5.90% vs 4.62% (forward).
- PSQO pays every quarter; PYLD pays every month.
- Over the last year PSQO delivered the higher total return: +5.2% vs +3.8% (price change plus payouts).
- PSQO is cheaper to own: 0.52% vs 0.64% expense ratio.
- PYLD has the steadier distribution: consistency 92/100 vs 76/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | PSQO | PYLD |
|---|---|---|
| Share price | $20.88 | $26.03 |
| TTM yield | 4.48% | 6.44% |
| Forward yield | 4.62% | 5.90% |
| Annual payout per share | $0.964 | $1.537 |
| Payment frequency | Quarterly | Monthly |
| Next ex-date | Sep 23, 2026 (est.) | Oct 1, 2026 (est.) |
| Expense ratio | 0.52% | 0.64% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 76/100 | 92/100 |
| 1-year total return | +5.2% | +3.8% |
| 1-year price return | +0.7% | -2.5% |
| Size (market cap / AUM) | 293.9M | 15.7B |
| Years paying | 1.7 | 3.1 |
| Sector / category | Multisector Bond | Multisector 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
| PSQO | PYLD | |
|---|---|---|
| Shares | 478.9 | 384.2 |
| Income per year | $462 | $590 |
| Income per month (avg) | $38 | $49 |
At forward yields, before taxes. Model PSQO · Model PYLD
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| PSQO Sep 23, 2026 | Oct 7, 2026 | $0.241 | Est. |
| PSQO Dec 23, 2026 | Jan 6, 2027 | $0.241 | Est. |
| PSQO Mar 24, 2027 | Apr 7, 2027 | $0.241 | Est. |
| PYLD Oct 1, 2026 | Oct 15, 2026 | $0.1281 | Est. |
| PYLD Oct 31, 2026 | Nov 14, 2026 | $0.1281 | Est. |
| PYLD Nov 30, 2026 | Dec 14, 2026 | $0.1281 | Est. |
Annual payouts per share
PSQOPYLD
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, PSQO or PYLD?
PYLD currently has the higher trailing yield: PSQO yields 4.48% and PYLD yields 6.44%. Yield changes daily with price, so check the live figures above.
How often do PSQO and PYLD pay?
PSQO pays every quarter and PYLD pays every month. PSQO's next ex-date is Sep 23, 2026 and PYLD's is Oct 1, 2026.
Is PSQO or PYLD better for income?
It depends on what you are optimising for. PSQO and PYLD 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.