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BetaShares Australian Investment Grade Corporate Bond ETF (ASX: CRED) - Share Price and Research

Current share price for CRED : $23.280 0.02 (0.09%)+

BetaShares Australian Investment Grade Corporate Bond ETF (CRED) is a managed investment scheme whose units will trade on the ASX. The Fund aims to track the performance of an index (before fees and expenses) that provides exposure to a portfolio of investment grade fixed-rate Australian corporate bonds.

CRED General Information +

ASX Code CRED
Website http://www.betashares.com.au
Industry/Sector Asset Management & Custody Banks
Market Cap ($M) 820
CRED Share Price $23.280
Day High $23.280
Day Low $23.250
Last Close $23.260
CRED Share Price Movement $0.02 ( 0.09% )
Prices as at 16:40, 23 Aug 2024
+Security prices are delayed by at least 20 minutes and are indicative only.

CRED Related Research

Exchange Traded Fund Description

BetaShares Australian Investment Grade Corporate Bond ETF (CRED) is a managed investment scheme whose units will trade on the ASX. The Fund aims to track the performance of an index (before fees and expenses) that provides exposure to a portfolio of investment grade fixed-rate Australian corporate bonds.

BetaShares Australian Investment Grade Corporate Bond ETF (CRED) Upcoming Dividends & Yields

Distribution Type Dividend Franking Ex-dividend date Payment date Current Price+ Price 7D Avg Dividend Yield
Result 10.01¢ 0% 1 Aug 2024 16 Aug 2024 $23.280 $23.220 -
HFResult 8.5¢ 0% 1 Jul 2024 16 Jul 2024 $23.280 $23.220 -
Result 9.4¢ 0% 3 Jun 2024 19 Jun 2024 $23.280 $23.220 -

See all dividends from BetaShares Australian Investment Grade Corporate Bond ETF (CRED) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

BetaShares Australian Investment Grade Corporate Bond ETF (CRED) Recent ASX Announcements

Company Sector Market Cap ($m) Headline Release
date/time+		 Price at
release+		 Current
price+		 Gain/Loss View
BetaShares Australian Investment Grade Corporate Bond ETF (CRED)
BETASHARES AUS INVESTMENT GRADE CORPORATE BOND ETF
 Financials $820 Units on Issue Disclosure - July 2024 6 Aug 2024 5:34PM $23.060 $23.280 risen by 0.95%
BetaShares Australian Investment Grade Corporate Bond ETF (CRED)
BETASHARES AUS INVESTMENT GRADE CORPORATE BOND ETF
 Financials $820 DRP Issue Price 1 Aug 2024 12:16PM $23.020 $23.280 risen by 1.13%
BetaShares Australian Investment Grade Corporate Bond ETF (CRED)
BETASHARES AUS INVESTMENT GRADE CORPORATE BOND ETF
 Financials $820 Final Distribution Announcement 31 Jul 2024 5:45PM $23.070 $23.280 risen by 0.91%
BetaShares Australian Investment Grade Corporate Bond ETF (CRED)
BETASHARES AUS INVESTMENT GRADE CORPORATE BOND ETF
 Financials $820 Estimated Distribution Announcement 30 Jul 2024 4:45PM $22.790 $23.280 risen by 2.15%
BetaShares Australian Investment Grade Corporate Bond ETF (CRED)
BETASHARES AUS INVESTMENT GRADE CORPORATE BOND ETF
 Financials $820 Distribution Timetable 25 Jul 2024 5:29PM $22.770 $23.280 risen by 2.24%
BetaShares Australian Investment Grade Corporate Bond ETF (CRED)
BETASHARES AUS INVESTMENT GRADE CORPORATE BOND ETF
 Financials $820 Estimated Annual Distribution Component Information 8 Jul 2024 3:08PM n/a $23.280 n/a

CRED Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2023A $19.51 $82.70 -119.80% 26.70 100.70 4.60% 0.0%
2022A -$89.35 -$418.70 -531.80% 0.00 75.70 3.00% 0.0%
2021A $17.55 $97.00 32.70% 28.40 126.00 4.60% 0.0%

CRED Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2021 A 2022 A 2023 A 2021 A 2022 A 2023 A 2021 A 2022 A 2023 A
BetaShares Australian Investment Grade Corporate Bond ETF (CRED) $820M -1.1976 0.0000 0.0000 28.1122 0.0000 0.0000 4.33% 0.00% 0.00%
Magellan Financial Group (MFG) $1,713M 0.0198 -0.0581 0.0145 9.2914 9.8647 9.7241 6.87% 5.87% 5.24%
Netwealth Group (NWL) $5,675M 0.2382 0.1821 0.2429 68.1818 57.6780 46.4072 1.20% 1.45% 1.77%
Pinnacle Investment Management Group (PNI) $3,601M 0.1667 0.1969 0.1911 38.9670 32.5560 27.3316 2.37% 2.76% 3.29%
Perpetual (PPT) $2,386M -0.2217 0.0903 0.0134 12.4828 11.4494 11.2978 7.41% 6.70% 6.70%

CRED Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 28.10 1.07 0.00
Market 0.33 13.50 1.06 0.92
Sector 0.00 0.00 0.00 0.00

CRED Directors

Name Position Start Date
Mr David Nathanson Executive Director 21 Sep 2009
Mr Alex Vynokur Executive Director 21 Sep 2009
Mr Edward Sippel Non-Executive Director 5 Mar 2021
Mr Jungho Rhee Non-Executive Director 1 Sep 2018
Mr Young Hwan Kim Non-Executive Director 7 Feb 2020
Mr Jason Gellert Non-Executive Director 5 Mar 2021

BetaShares Australian Investment Grade Corporate Bond ETF (CRED) Changes in Directors' Interest & Trades

There are no directors' trades from BetaShares Australian Investment Grade Corporate Bond ETF (CRED). Please use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

CRED Management

Name Position
Anton Allen Company Secretary

CRED Calendar of Events

Date Event
26 September 2024 Report (Annual)

FAQs about BetaShares Australian Investment Grade Corporate Bond ETF (CRED)

BetaShares Australian Investment Grade Corporate Bond ETF's (CRED) current share price is $23.28. This constitutes a price movement of 0.26% when compared to the share price 7 days ago and is -0.26% below CRED's 12-month high of $23.34 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $23.26, BetaShares Australian Investment Grade Corporate Bond ETF's (CRED) current share price of $23.28 constitutes a movement of $0.02 or 0.09%. BetaShares Australian Investment Grade Corporate Bond ETF's (CRED) share price movement is 0.26% when compared to 7 days ago and is -0.26% below CRED's 52-week high of $23.34.

BetaShares Australian Investment Grade Corporate Bond ETF's (CRED) 52-week high is $23.34 which was reached on 5 Aug 2024. Relative to this, CRED's current share price of $23.28 constitutes a -$0.06 or -0.26% drop since that high of $23.34 per CRED share.

BetaShares Australian Investment Grade Corporate Bond ETF's (CRED) 52-week low is $21.09 which was reached on 1 Nov 2023. Relative to this, CRED's current share price of $23.28 constitutes a $2.19 or 10.38% gain since that low of $21.09 per CRED share.

BetaShares Australian Investment Grade Corporate Bond ETF's (CRED) current market capitalisation is $820,350,837. Market capitalisation, sometimes referred to as "market cap", is the total value of a company's or ETF's issued shares or units owned by shareholders or unitholders. Market capitalisation is equal to the market price per share or unit multiplied by the number of shares or units outstanding.

BetaShares Australian Investment Grade Corporate Bond ETF (CRED) last distribution or dividend was $0.10 per share and was paid on 16 Aug 2024. This last CRED distribution or dividend included 0% franking.

Upcoming ex-distribution date: 1 Aug 2024

Upcoming record date: 2 Aug 2024

Upcoming payment date: 16 Aug 2024

ETFs, such as BetaShares Australian Investment Grade Corporate Bond ETF (CRED), pay distributions instead of dividends. The difference is that dividends are declared by companies from part of the profits made during any given year and the company’s management decide the amount of earnings retained verses how much to pay out to investors. An ETF, like BetaShares Australian Investment Grade Corporate Bond ETF (CRED), must pay out all realised income. This is a combination of any dividends received plus capital gains realised from the buying and selling of underlying holdings within BetaShares Australian Investment Grade Corporate Bond ETF (CRED).


A distribution has three key dates:

Ex-distribution date: Date the distribution value leaves the ETF. This will normally correspond with the ETF unit price dropping in value by the same amount as the distribution.

Record date: Date someone must be on the unit registry to receive the distribution.

Payment date date: Date the distribution is paid to the unit holder.

BetaShares Australian Investment Grade Corporate Bond ETF (CRED) has a current dividend yield of n/a this year. Last year's dividend yield was 0%. The dividend yield for CRED is a ratio that tells you the percentage of BetaShares Australian Investment Grade Corporate Bond ETF (CRED)'s share price that it pays out in dividends each year. The dividend yield is calculated by dividing the annual dividends by the current share price.

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