Is PBYMX or QYLD a better dividend investment in 2026?

PBYMX currently yields 5.24% with a 5% 5-year dividend growth rate. QYLD yields 11.92% with -2.1% growth. The better choice depends on your goal: QYLD offers higher current income.

What is the dividend yield difference between PBYMX and QYLD?

PBYMX has a forward dividend yield of 5.24% ($0.63/share annually). QYLD yields 11.92% ($2.04/share annually). The yield gap is 6.68 percentage points.

Home › Compare › PBYMX vs QYLD

PBYMX vs QYLD: Dividend Comparison 2026

PBYMX yields 5.24% · QYLD yields 11.92%● Live data

vsPost on X →

After 10 years · $10,000 invested · DRIP enabled

🏆 PBYMX wins by $2.8K in total portfolio value

INVESTMENT

TIME HORIZON10 years

PBYMX

● Live price

5.24%

Share price

$11.94

Annual div

$0.63

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$28.2K

Annual income

$732.42

Full PBYMX calculator →

QYLD

Global X Nasdaq 100 Covered Call ETF

● Live price

11.92%

Share price

$17.15

Annual div

$2.04

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$25.4K

Annual income

$5,659.31

Full QYLD calculator →

Portfolio growth — PBYMX vs QYLD

📍 PBYMX pulled ahead of the other in Year 1

Annual dividend income

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Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis Period	PBYMX	QYLD
2008–2009 GFC	— No data	— No data
2020 Q1–Q2 COVID	— No data	— No data
2022 Q4 Rate Hike	— No data	— No data

Based on dividend payment history. "Increased" = dividend grew during crisis. "Maintained" = held within 3%. "Cut" = reduced by more than 3%.

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Dividend Calendar Overlap

Combined, PBYMX + QYLD cover 0 of 12 months — good coverage

Jan

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Feb

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Mar

—

Apr

—

May

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Jun

—

Jul

—

Aug

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Sep

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Oct

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Nov

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Dec

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PBYMX pays

QYLD pays

Both pay

Neither

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Tax Bracket Optimizer

Which stock is actually better after tax? Adjust your rate to find out.

PBYMX

Annual income on $10K today (after 15% tax)

$445.39/yr

After 10yr DRIP, annual income (after tax)

$622.56/yr

QYLD

Annual income on $10K today (after 15% tax)

$1,013.51/yr

After 10yr DRIP, annual income (after tax)

$4,810.41/yr

At 15% tax rate, QYLD beats the other by $4,187.86/year in after-tax income after 10 years on $10,000

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Lazy Portfolio Split Optimizer

What's the optimal mix of PBYMX + QYLD for your $10,000?

PBYMX: 50%QYLD: 50%

100% QYLD50/50100% PBYMX

Portfolio after 10yr

$26.8K

Annual income

$3,195.87/yr

Blended yield

11.92%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

PBYMX buys

QYLD buys

No recent congressional trades found for PBYMX or QYLD in the last 90 days.

STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →

MetricPBYMXQYLD

Forward yield	5.24%	11.92% ✓
Annual dividend / share	$0.63	$2.04 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$28.2K ✓	$25.4K
Annual income after 10y	$732.42	$5,659.31 ✓
Total dividends collected	$6.3K	$27.1K ✓
Payment frequency	quarterly	monthly
Sector	Stock	ETF

Year-by-year: PBYMX vs QYLD ($10,000, DRIP)

Year	PBYMX Portfolio	PBYMX Income/yr	QYLD Portfolio	QYLD Income/yr	Gap
1← crossover	$11,224	$523.99	$10,352	$1,192.36	+$872.00 → PBYMX
2	$12,559	$549.65	$10,830	$1,347.57	+$1.7K → PBYMX
3	$14,013	$574.80	$11,460	$1,539.07	+$2.6K → PBYMX
4	$15,594	$599.39	$12,275	$1,777.84	+$3.3K → PBYMX
5	$17,308	$623.35	$13,323	$2,078.95	+$4.0K → PBYMX
6	$19,167	$646.64	$14,667	$2,463.34	+$4.5K → PBYMX
7	$21,178	$669.21	$16,396	$2,960.57	+$4.8K → PBYMX
8	$23,351	$691.05	$18,631	$3,612.97	+$4.7K → PBYMX
9	$25,698	$712.13	$21,548	$4,482.15	+$4.2K → PBYMX
10	$28,229	$732.42	$25,398	$5,659.31	+$2.8K → PBYMX

PBYMX vs QYLD: Complete Analysis 2026

PBYMX — Stock

Normally, the fund invests at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in investment grade municipal bonds with a maturity of more than one year, the interest on which is exempt from regular federal income tax. The fund normally will not invest in securities the interest on which is a tax preference item for purposes of the federal alternative minimum tax (AMT).

Full PBYMX Calculator →

QYLD — ETF

The Global X Nasdaq 100 Covered Call ETF (QYLD) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe Nasdaq-100 BuyWrite V2 Index.

Full QYLD Calculator →

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⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.