SMMU vs SUB
PIMCO Short Term Municipal Bond Active Exchange-Traded Fund compared with iShares Short-Term National Muni Bond ETF on yield, payout growth, payment schedule, cost and risk.
SMMU
PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
TTM yield · Monthly
SUB
iShares Short-Term National Muni Bond ETF
TTM yield · Monthly
Quick take
- SMMU yields more today: 2.89% vs 2.59% (forward).
- Both pay every month.
- Over the last year SMMU delivered the higher total return: +1.5% vs +1.3% (price change plus payouts).
- SUB is cheaper to own: 0.07% vs 0.35% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | SMMU | SUB |
|---|---|---|
| Share price | $49.90 | $105.41 |
| TTM yield | 2.89% | 2.59% |
| Forward yield | 2.89% | 2.59% |
| Annual payout per share | $1.44 | $2.727 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 31, 2026 (est.) | Oct 31, 2026 (est.) |
| Expense ratio | 0.35% | 0.07% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 92/100 | 97/100 |
| 1-year total return | +1.5% | +1.3% |
| 1-year price return | -1.3% | -1.3% |
| Size (market cap / AUM) | 1.2B | 11.9B |
| Years paying | 16.7 | 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
| SMMU | SUB | |
|---|---|---|
| Shares | 200.4 | 94.9 |
| Income per year | $289 | $259 |
| Income per month (avg) | $24 | $22 |
At forward yields, before taxes. Model SMMU · Model SUB
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| SMMU Oct 31, 2026 | Nov 14, 2026 | $0.12 | Est. |
| SMMU Nov 30, 2026 | Dec 14, 2026 | $0.12 | Est. |
| SMMU Dec 30, 2026 | Jan 13, 2027 | $0.12 | 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
SMMUSUB
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, SMMU or SUB?
SMMU currently has the higher trailing yield: SMMU yields 2.89% and SUB yields 2.59%. Yield changes daily with price, so check the live figures above.
How often do SMMU and SUB pay?
SMMU pays every month and SUB pays every month. SMMU's next ex-date is Oct 31, 2026 and SUB's is Oct 31, 2026.
Is SMMU or SUB better for income?
It depends on what you are optimising for. SMMU 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.