What is OVM's dividend yield?

$OVM (Overlay Shares Municipal Bond ETF) currently shows a dividend yield of about 5.5% on TopDividendETFs.com. That ranks 144th highest out of the 170 dividend ETFs we track and is higher than 15% of them. Yields change with the share price and each distribution.

How much would $10,000 in OVM pay?

At a 5.5% yield, $10,000 invested in $OVM would pay roughly $550 per year, or about $46 per month on average. Actual payouts vary, so treat this as an estimate based on the current yield.

What grade does OVM get?

$OVM earns a C on the TopDividendETFs.com scorecard, a middle-of-the-pack grade on our list. It ranks 143rd of 170 when every ETF is sorted by grade. The grade is our own rating and is not a recommendation to buy or sell.

Does OVM have price decay?

$OVM is flagged for price decay, meaning its share price has trended down over time as it pays out high income. Total return matters more than yield alone for funds like this.

$OVM has about $43M in assets under management, making it the 125th largest of the 170 ETFs we track.

$OVM is part of the Overlay Shares lineup. We track 6 Overlay Shares ETFs on TopDividendETFs.com.

What ETFs are similar to OVM?

ETFs in the same core & other group with a similar yield include $SCHP (5%), $OVB (6.4%), $OVT (6.8%), $SGOV (3.7%).

OVM

Overlay Shares Municipal Bond ETF (OVM): Yield, Grade & Income

Overlay Shares · 6 ETFs Core & Other C rated Price decay: Yes 📅 OVM dividend dates

5.5%Dividend Yield

$43MAssets (AUM)

COur Grade

…Votes This Week

Data updated: October 14, 2026 · Refreshed daily from the TopDividendETFs.com list

OVM at a glance

$OVM (Overlay Shares Municipal Bond ETF) yields about 5.5%, 16.3% below the 21.8% average of the 170 dividend ETFs we track. It holds about $43M in assets, earns a C on our scorecard and is flagged for price decay.

Where OVM Ranks

How OVM stacks up against all 170 dividend ETFs on TopDividendETFs.com. Tap any card to see the full ranking.

OVM Dividend Income Calculator

Estimate what OVM could pay at its current 5.5% yield, then see the same amount in similar ETFs.

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Same amount in similar ETFs:SCHP · 5% yield OVB · 6.4% yield OVT · 6.8% yield

Estimate only. Uses the current yield and assumes it stays the same, which it will not. Want exact projections? Try DividendProjection.com.

Grade Spectrum

OVM earns a C. Tap any grade to browse those ETFs.

A+A A-B+B B-C+C C-D+D D-F

Yield vs. the Field

Higher than 15% of the ETFs we track.

Median 15%

0%OVM 5.5%83%

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OVM vs. Similar ETFs

Core & Other ETFs with the closest yield to OVM. Tap a ticker to see its full page.

ETF	Yield	AUM	Grade	Price Decay
OVM	5.5%	$43M	C	Yes
SCHP	5%	$16.2B	A	No
OVB	6.4%	$47M	C+	Yes
OVT	6.8%	$61M	C	Yes
SGOV	3.7%	$115.2B	A	No
WEEK	3.6%	$185M	A	No
SPHY	7.4%	$11.8B	B	Yes

See all 17 Core & Other ETFs →

Higher Yield, Same Grade or Better

Want more income than OVM without giving up grade? These ETFs yield more and score C or better.

IDVA

iShares International Select Dividend ETF

Yield 5.7%AUM $8.1B

BNDIA-

NEOS Enhanced Income Aggregate Bond ETF

Yield 5.8%AUM $189M

BUYWC+

Main BuyWrite ETF

Yield 5.9%AUM $1.4B

JPIEB-

JPMorgan Income ETF

Yield 6%AUM $11.1B

IDVOA-

Amplify CWP International Enhanced Dividend Income ETF

Yield 6.1%AUM $1.4B

BALIA-

iShares US Large Cap Premium Income Active ETF

Yield 6.1%AUM $1.5B

More Overlay Shares ETFs

5 other Overlay Shares funds on our list, largest first.

OVLA+

Overlay Shares Large Cap Equity ETF

Yield 10.5%AUM $497M

OVFA-

Overlay Shares Foreign Equity ETF

Yield 10.8%AUM $66M

OVTC

Overlay Shares Short Term Bond ETF

Yield 6.8%AUM $61M

OVBC+

Overlay Shares Core Bond ETF

Yield 6.4%AUM $47M

OVSA-

Overlay Shares Small Cap Equity ETF

Yield 10.8%AUM $41M

🚨 For Serious Dividend Investors: TopDividendETFsPRO

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Other C Rated ETFs

The largest ETFs that share OVM's C grade.

NVDYC

YieldMax NVDA Option Income Strategy ETF

Yield 33%AUM $1.4B

ULTYC

YieldMax Ultra Option Income Strategy ETF

Yield 61%AUM $700M

AMDYC

YieldMax AMD Option Income Strategy ETF

Yield 71%AUM $494M

CONYC

YieldMax COIN Option Income Strategy ETF

Yield 58%AUM $376M

XBCIC

NEOS Boosted Bitcoin High Income ETF

Yield 41%AUM $235M

AMZYC

YieldMax AMZN Option Income Strategy ETF

Yield 27%AUM $219M

See all 14 C ETFs →

OVM FAQ

What is OVM's dividend yield?+
$OVM (Overlay Shares Municipal Bond ETF) currently shows a dividend yield of about 5.5% on TopDividendETFs.com. That ranks 144th highest out of the 170 dividend ETFs we track and is higher than 15% of them. Yields change with the share price and each distribution.
How much would $10,000 in OVM pay?+
At a 5.5% yield, $10,000 invested in $OVM would pay roughly $550 per year, or about $46 per month on average. Actual payouts vary, so treat this as an estimate based on the current yield.
What grade does OVM get?+
$OVM earns a C on the TopDividendETFs.com scorecard, a middle-of-the-pack grade on our list. It ranks 143rd of 170 when every ETF is sorted by grade. The grade is our own rating and is not a recommendation to buy or sell.
Does OVM have price decay?+
$OVM is flagged for price decay, meaning its share price has trended down over time as it pays out high income. Total return matters more than yield alone for funds like this.
How big is OVM?+
$OVM has about $43M in assets under management, making it the 125th largest of the 170 ETFs we track.
Who manages OVM?+
$OVM is part of the Overlay Shares lineup. We track 6 Overlay Shares ETFs on TopDividendETFs.com.
What ETFs are similar to OVM?+
ETFs in the same core & other group with a similar yield include $SCHP (5%), $OVB (6.4%), $OVT (6.8%), $SGOV (3.7%).

Browse Every Dividend ETF

All 170 ETFs on TopDividendETFs.com. Jump to any one.

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Important Disclaimer

TopDividendETFs.com is published by Dividend Empire LLC for educational and informational purposes only. Yield, AUM, price decay and grade figures come from the TopDividendETFs.com list and are updated regularly, but may lag the market. Yields change with share prices and distributions, and past distributions do not guarantee future payments. Grades are our own opinion and are not a recommendation. Nothing on this page is financial advice. Always read the fund's prospectus and verify data with the issuer before investing.