DV
Dividend Vision

PCR ETF — Simplify VettaFi Private Credit Strategy ETF

Simplify VettaFi Private Credit Strategy ETF (PCR)

PCR is a low-cost ETF. As of August 19, 2026, its distribution rate is 11.56%, its trailing-12-month yield is 9.73%. Dividend Vision Distribution Safety Score™ is 77/100 (Generally safe). Fund total return is -13.6% over the past 0.9 years, 30.3 points behind SPY at 16.7%.

At the current 11.56% distribution rate, a $10,000 investment would generate approximately $1,156 per year, or $96.33 per month on an equivalent basis.

PCR dividend yield and income

Data as of August 19, 2026.

The distribution rate (11.56%) is the latest posted forward yield, paid monthly. Trailing-12-month yield (9.73%) is the last year of payments divided by the current price. The last dividend was $0.1900. The last ex-dividend date was 07/28/2026. It was paid on 07/31/2026. At 11.56%, $10,000 would generate about $1,156 a year ($96.33 monthly-equivalent).

10 payments
Ex-dateAmountvs year-ago payment
2026-07-28$0.19
2026-06-25$0.19
2026-05-26$0.19
2026-04-27$0.19
2026-03-26$0.19
2026-02-24$0.2
2026-01-27$0.24
2025-12-23$0.23
2025-11-21$0.24
2025-10-28$0.06
2025 total$0.53
2026 YTD total$1.39

PCR dividend growth

An annualized trend fit on recent payments is 24.19%. That fit can move with uneven quarterly amounts and is not the same as a trailing-12-month cut.

PCR performance versus SPY

Data as of August 19, 2026.

Fund total return is -13.6% over the past 0.9 years, 30.3 points behind SPY at 16.7%. Its deepest 1-year drawdown was 20.1%.

WindowTotal returnCAGR
Since inception (0.9 years)-13.6%

PCR key facts

Data as of August 19, 2026.

Distribution Safety Score™
77 · Generally safe
Safety-Adjusted Yield
8.90%
Issuer
Simplify ETFs
Asset type
ETF
Asset class
Fixed Income
Inception date
09/22/2025
Distribution rate
11.56%
Distribution frequency
Monthly
Trailing yield
9.73%
Last close
$19.73
AUM
$2,466,850
Average volume
10.0
Last dividend
$0.1900
Ex-dividend date
07/28/2026
Payment date
07/31/2026
Beta
0.6496

How Dividend Vision calculates yield and returns

Distribution rate (11.56%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (9.73%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: Simplify ETFs; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

PCR risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 20.1%.

Who may consider PCR — and who may not

PCR may suit someone looking for low-cost broad dividend exposure. It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

Does PCR pay monthly?

Yes. PCR currently pays monthly.

What is PCR's dividend yield?

PCR currently yields 11.56%, paid monthly.

When does PCR pay a dividend?

PCR pays monthly. The last dividend was $0.1900. The last ex-dividend date was 07/28/2026. It was paid on 07/31/2026.

How has PCR performed?

Fund total return is -13.6% over the past 0.9 years, 30.3 points behind SPY at 16.7%. Its deepest 1-year drawdown was 20.1%.

Is PCR a good investment?

PCR's Dividend Vision Distribution Safety Score is 77 (Generally safe). That is a risk signal, not investment advice. It currently yields 11.56%. Compare peers below rather than treating any single figure as a buy or sell.