PBP

PBP Dividend Yield

Invesco S&P 500 BuyWrite ETF · Derivative Income · Invesco · ETF · monthly payer

$22.81

As of Nov 5, 2026, PBP (Invesco S&P 500 BuyWrite ETF) yields 12.35%, paying $2.82 a share a year in monthly distributions at its $22.81 price. It costs 0.29% a year and manages $389.1M. Over the last 5 years it returned 7.5% a year with distributions reinvested, against 12.0% for the S&P 500.

Dividend yield

12.35%

Paid a Year

$2.82

Expense Ratio

0.29%

Assets

$389.1M

5-Yr Return

7.5%/yr

Frequency

Monthly

Key facts about PBP

Data as of Nov 5, 2026 · Source: SmarterDividends data

As of Nov 5, 2026, PBP yields 12.35% and pays about $2.82 a share a year, monthly.
PBP paid $2.8160 a share in distributions over the 12 months to Nov 5, 2026, in 12 payments.
PBP's expense ratio is 0.29% a year, or $29.00 on $10,000.
PBP is an ETF from Invesco with $389.1M in assets, started Dec 20, 2007.
In the 5 years to Oct 2026, PBP returned 7.5% a year with distributions reinvested (-0.8% a year from price alone), against 12.0% for the S&P 500.
In the 10 years to Oct 2026, PBP returned 7.3% a year with distributions reinvested (0.9% a year from price alone), against 15.3% for the S&P 500.
Since Dec 2007, PBP's share price is down 10% and its total return with distributions reinvested is +146%.
PBP's three largest holdings are Apple Inc (7.8%), NVIDIA Corp (7.6%), Microsoft Corp (6.0%).

Cite this page

SmarterDividends, "PBP Dividend Yield, Expense Ratio and Total Return," updated Nov 5, 2026, https://smarterdividends.com/stocks/PBP

What $10,000 in PBP became

Change the dates →

From Dec 2007 to Oct 2026, month-end values

Payouts reinvested

$24,605

Payouts taken as cash

$17,790

$8,741 of it cash

S&P 500 (SPY)

$72,756

Since Dec 2007, PBP's share price is down 10% and its total return with distributions reinvested is +146%. The price has slipped a little, so a small part of the payouts came out of it.

PBP total return

A year, through Oct 2026. Total return counts every payout, reinvested; price return doesn't.

Period	Total return	Price return	S&P 500
1 year	+14.5%	+2.0%	+12.0%
3 years	+14.7%	+3.2%	+23.3%
5 years	+7.5%	−0.8%	+12.0%
10 years	+7.3%	+0.9%	+15.3%
Since Dec 2007	+4.9%	−0.5%	+11.1%

PBP distributions

Every payment →

Paid per share, by year

Ex-date	Paid	Per share	vs a year earlier
Oct 19, 2026	—	$0.1660	−5.1%
Sep 21, 2026	—	$0.1890	+8.0%
Aug 24, 2026	—	$0.2210	+0.5%
Jul 20, 2026	—	$0.1870	+58.5%
Jun 22, 2026	—	$0.2280	+3.2%
May 18, 2026	—	$0.2050	−4.2%
Apr 20, 2026	—	$0.2140	+1.9%
Mar 23, 2026	—	$0.1930	+14.9%
Feb 23, 2026	—	$0.2040	−1.4%
Jan 20, 2026	—	$0.2130	−1.4%
Dec 22, 2025	—	$0.5740	+182.8%
Nov 24, 2025	—	$0.2220	+5.2%

What PBP holds

Top ten holdings and sector weights as the fund reports them.

AAPL Apple Inc7.8%
NVDA NVIDIA Corp7.6%
MSFT Microsoft Corp6.0%
AMZN Amazon.com Inc3.6%
GOOGL Alphabet Inc Class A2.5%
AVGO Broadcom Inc2.4%
META Meta Platforms Inc Class A2.1%
GOOG Alphabet Inc Class C2.0%
LLY Eli Lilly and Co1.7%
TSLA Tesla Inc1.7%

Technology38.2%
Financials12.0%
Healthcare10.3%
Consumer cyclical9.2%
Communication8.4%
Industrials7.6%
Consumer defensive4.9%
Energy3.9%
Utilities2.1%
Real estate1.8%
Materials1.6%

Compare PBP

PBP vs JEPI PBP vs JEPQ PBP vs QQQI PBP vs SPYI PBP vs QYLD PBP vs DIVO

PBP questions

What is PBP's dividend yield?

As of Nov 5, 2026, PBP yields 12.35%. Over the last 12 months it paid $2.8160 a share in 12 payments, against a $22.81 share price.

How often does PBP pay dividends?

PBP pays monthly, 12 times a year.

How much does 100 shares of PBP pay?

At about $2.8160 a share a year, 100 shares of PBP pay about $281.60 a year, $23.47 each month, before tax.

What is PBP's expense ratio?

PBP's expense ratio is 0.29% a year: $29.00 on every $10,000 invested, taken from the fund's assets rather than billed to you.

What is PBP's total return?

In the 5 years to Oct 2026, PBP returned 7.5% a year with distributions reinvested, of which -0.8% a year came from the share price. The S&P 500 returned 12.0% a year.

Does PBP have NAV erosion?

Since Dec 2007, PBP's share price is down 10% and its total return with distributions reinvested is +146%. The price has slipped a little, so a small part of the payouts came out of it.

What does PBP hold?

PBP's largest holdings are Apple Inc (7.8%), NVIDIA Corp (7.6%), Microsoft Corp (6.0%). Its top ten make up 38% of the fund.

Fund facts

Type: ETF
Issuer: Invesco
Category: Derivative Income
Started: Dec 20, 2007
Expense ratio: 0.29%
Assets: $389.1M
Dividend yield: 12.35%
Paid in the last year: $2.8160 (12 payments)
Last payment: $0.1660 · ex Oct 19, 2026
Beta (3 years): 0.36

Income Calculator

At $2.82 / yr per share

Shares owned

Per payment (monthly)$23.47

Annual$281.60

Monthly avg$23.47

Full PBP dividend calculator →

PBP total return calculatorAny start year, with or without reinvesting PBP dividend calculator100 shares pay $281.60 a year, $23.47 each month

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Fund facts from the fund's own reports via Yahoo Finance; payments and returns from SmarterDividends records. For information only, not investment advice.