SGOV income calculator

Estimate the monthly and annual income an investment in SGOV could generate, or work backwards from the income you want. Defaults use the latest official yield and NAV.

By the SGOVResource.com editorial team Last reviewed Oct 24, 2026 Data refreshed Oct 24, 2026 How we calculate Editorial policy

Estimated average monthly income

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Before taxes. Actual monthly payments vary.

Shares: —
Annual income: —
Per day (average): —
Income per share / year: —
Uninvested cash: —

How this was calculated

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Source: iShares SGOV product page (BlackRock) · Data as of Oct 22, 2026 · Retrieved Oct 24, 2026

How many SGOV shares for a monthly income target?

Using the 30-day SEC yield of 3.76% and a share price of $100.66 (both as of Oct 22, 2026), these are the approximate investments needed for common monthly income goals before taxes.

Estimated SGOV investment required for a target average monthly income
Monthly income	Amount to invest	Shares (rounded up)
$100 / month	$31,915	318
$500 / month	$159,574	1,586
$1,000 / month	$319,149	3,171
$2,000 / month	$638,298	6,342
$5,000 / month	$1,595,745	15,853

Formula and assumptions

Shares = investment ÷ share price (rounded down if “whole shares only” is checked).

Annual income = shares × share price × annual yield. Average monthly income = annual income ÷ 12.

Amount for a target = target monthly income × 12 ÷ annual yield.

Yield is held constant. In reality SGOV’s yield tracks 0–3 month Treasury bill rates and can change month to month.
Average, not a specific payment. SGOV pays monthly, but months with more days, or a year-end extra distribution (there were two payments in December 2025), make individual payments uneven. The latest actual payment was $0.300547 per share on Oct 6, 2026.
Pre-tax, no trading costs. The SEC yield is already net of the 0.09% expense ratio, so do not subtract it again.
No reinvestment. To model reinvesting distributions, use the DRIP calculator.

Full details are on our methodology page.

Frequently asked questions

How much does SGOV pay per month on $10,000?

At the current 30-day SEC yield of 3.76%, $10,000 in SGOV would produce roughly $31.33 per month on average (about $376 per year) before taxes. Each actual monthly payment differs because it depends on the interest the fund’s T-bills earned that month and on the number of days in the period.

How many SGOV shares do I need for $1,000 a month?

About 3,171 shares, or roughly $319,149, using the 3.76% SEC yield and a $100.66 share price. If yields fall, you would need more; if they rise, fewer. Use the “target income” mode above with your own yield assumption.

Which yield should I use?

The 30-day SEC yield is the most forward-looking standardized figure because it reflects what the portfolio is earning now, after expenses. The 12-month trailing yield reflects what was actually paid over the past year, which lags when rates change. Using the latest payment × 12 is quick but noisy because months have different lengths. See SGOV yield explained.

Is SGOV income guaranteed?

No. SGOV’s distributions follow short-term Treasury rates, which change when the Federal Reserve changes policy and with market conditions. If T-bill yields fall, SGOV’s income falls within weeks because its holdings mature and are replaced quickly.

Does this calculator include taxes?

No, results are pre-tax. SGOV distributions are generally taxed as ordinary income federally, while most of the income may be exempt from state income tax. Use the after-tax yield calculator for that.

Educational information only. SGOVResource.com is independent and not affiliated with BlackRock or iShares. Nothing here is a recommendation to buy or sell any security or individualized tax advice. Estimates depend on the assumptions shown and actual results will differ. Read the fund’s prospectus before investing. Disclaimer.