PVI vs SUB
Invesco Floating Rate Municipal Income ETF compared with iShares Short-Term National Muni Bond ETF on yield, payout growth, payment schedule, cost and risk.
PVI
Invesco Floating Rate Municipal Income ETF
TTM yield · Monthly
SUB
iShares Short-Term National Muni Bond ETF
TTM yield · Monthly
Quick take
- SUB yields more today: 2.59% vs 2.20% (forward).
- Both pay every month.
- Over the last year PVI delivered the higher total return: +2.3% vs +1.3% (price change plus payouts).
- SUB is cheaper to own: 0.07% vs 0.25% expense ratio.
- SUB has the steadier distribution: consistency 97/100 vs 81/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | PVI | SUB |
|---|---|---|
| Share price | $24.86 | $105.41 |
| TTM yield | 2.20% | 2.59% |
| Forward yield | 2.20% | 2.59% |
| Annual payout per share | $0.546 | $2.727 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Nov 16, 2026 (est.) | Oct 31, 2026 (est.) |
| Expense ratio | 0.25% | 0.07% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 81/100 | 97/100 |
| 1-year total return | +2.3% | +1.3% |
| 1-year price return | +0.1% | -1.3% |
| Size (market cap / AUM) | 32.3M | 11.9B |
| Years paying | 18.9 | 17.9 |
| Sector / category | Muni National Short | Muni National Short |
✓ 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
| PVI | SUB | |
|---|---|---|
| Shares | 402.3 | 94.9 |
| Income per year | $220 | $259 |
| Income per month (avg) | $18 | $22 |
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| PVI Nov 16, 2026 | Nov 30, 2026 | $0.0455 | Est. |
| PVI Dec 14, 2026 | Dec 28, 2026 | $0.0455 | Est. |
| PVI Jan 11, 2027 | Jan 25, 2027 | $0.0455 | Est. |
| SUB Oct 31, 2026 | Nov 14, 2026 | $0.2272 | Est. |
| SUB Nov 30, 2026 | Dec 14, 2026 | $0.2273 | Est. |
| SUB Dec 30, 2026 | Jan 13, 2027 | $0.2273 | Est. |
Annual payouts per share
PVISUB
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, PVI or SUB?
SUB currently has the higher trailing yield: PVI yields 2.20% and SUB yields 2.59%. Yield changes daily with price, so check the live figures above.
How often do PVI and SUB pay?
PVI pays every month and SUB pays every month. PVI's next ex-date is Nov 16, 2026 and SUB's is Oct 31, 2026.
Is PVI or SUB better for income?
It depends on what you are optimising for. PVI and SUB 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.