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

Current share price for CRED : $22.650 0.09 (0.40%)+

BetaShares Australian Investment Grade Corporate Bond ETF (CRED) is an Exchange Traded Fund - commonly known as an ETF. For more details about how ETFs work, feel free to check out our What is an ETF? overview. 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) 921
CRED Share Price $22.650
Day High $22.690
Day Low $22.650
Last Close $22.740
CRED Share Price Movement $0.09 ( 0.40% )
Prices as at 11:15, 13 Nov 2024
+Security prices are delayed by at least 20 minutes and are indicative only.

CRED Fund Information

Diversified Credit
Bloomberg Global Aggregate TR Hdg AUD
starstar
starstar (as at 30 Sep 2024)
Investment Fund
31 May 2018
$923.96 million (as at 4 Nov 2024)

CRED ETF performance (31 Oct 2024)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return -1.64 0.32 4.55 13.27 8.07 0.51 0.59 -
Growth return -2.03 -0.91 1.99 7.86 3.05 -3.71 -3.79 -
Income return (Yield) 0.39 1.23 2.56 5.41 5.02 4.22 4.38 -

Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return -1.51 0.53 4.02 8.37 4.14 -1.89 -0.61 2.01

CRED Related Research

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 9¢ 0% 1 Nov 2024 18 Nov 2024 $22.650 $22.740 -
Result 9.21¢ 0% 1 Oct 2024 16 Oct 2024 $22.650 $22.740 -
Result 9.31¢ 0% 2 Sep 2024 17 Sep 2024 $22.650 $22.740 -

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) Financials $921 Units on Issue Disclosure - October 2024 6 Nov 2024 12:07PM $22.650 $22.650 fallen by 0%
BetaShares Australian Investment Grade Corporate Bond ETF (CRED) Financials $921 DRP Issue Price 1 Nov 2024 3:48PM $22.710 $22.650 fallen by 0.26%
BetaShares Australian Investment Grade Corporate Bond ETF (CRED) Financials $921 Final Distribution Announcement 31 Oct 2024 6:24PM $22.840 $22.650 fallen by 0.83%
BetaShares Australian Investment Grade Corporate Bond ETF (CRED) Financials $921 Estimated Distribution Announcement 30 Oct 2024 5:19PM $22.850 $22.650 fallen by 0.88%
BetaShares Australian Investment Grade Corporate Bond ETF (CRED) Financials $921 Distribution Timetable 25 Oct 2024 4:40PM $22.930 $22.650 fallen by 1.22%
BetaShares Australian Investment Grade Corporate Bond ETF (CRED) Financials $921 Units on Issue Disclosure - September 2024 4 Oct 2024 12:56PM $23.150 $22.650 fallen by 2.16%

CRED Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2024A $54.85 $158.70 91.90% 14.00 106.70 4.80% 0.0%
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%

CRED Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2022 A 2023 A 2024 A 2022 A 2023 A 2024 A 2022 A 2023 A 2024 A
BetaShares Australian Investment Grade Corporate Bond ETF (CRED) $924M 0.9185 0.0000 0.0000 14.3127 0.0000 0.0000 4.69% 0.00% 0.00%
HMC Capital (HMC) $4,453M 0.0191 0.0000 0.0000 51.7737 0.0000 0.0000 1.11% 0.00% 0.00%
Netwealth Group (NWL) $7,312M 0.2382 0.2683 0.2210 87.5953 69.0636 56.5613 0.94% 1.18% 1.43%
Pinnacle Investment Management Group (PNI) $4,370M 0.1667 0.1969 0.1911 47.2747 39.4969 33.1586 1.95% 2.28% 2.71%
Perpetual (PPT) $2,347M -0.1521 0.2241 -0.0452 14.4326 11.7904 12.3487 5.76% 6.34% 5.85%

CRED Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 14.30 1.01 0.00
Market 0.49 13.90 1.09 0.91
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
18 November 2024 Div Pay Date

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

BetaShares Australian Investment Grade Corporate Bond ETF's (CRED) current share price is $22.65. This constitutes a price movement of 0.40% when compared to the share price 7 days ago and is -3.49% below CRED's 12-month high of $23.47 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $22.74, BetaShares Australian Investment Grade Corporate Bond ETF's (CRED) current share price of $22.65 constitutes a movement of -$0.09 or -0.40%. BetaShares Australian Investment Grade Corporate Bond ETF's (CRED) share price movement is -0.40% when compared to 7 days ago and is -3.49% below CRED's 52-week high of $23.47.

BetaShares Australian Investment Grade Corporate Bond ETF's (CRED) 52-week high is $23.47 which was reached on 13 Sep 2024. Relative to this, CRED's current share price of $22.65 constitutes a -$0.82 or -3.49% drop since that high of $23.47 per CRED share.

BetaShares Australian Investment Grade Corporate Bond ETF's (CRED) 52-week low is $21.51 which was reached on 14 Nov 2023. Relative to this, CRED's current share price of $22.65 constitutes a $1.14 or 5.30% gain since that low of $21.51 per CRED share.

BetaShares Australian Investment Grade Corporate Bond ETF's (CRED) current market capitalisation is $921,030,246. 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 $0.09 per share and was paid on 16 Oct 2024. This last CRED distribution or dividend included 0% franking. The next dividend payment for BetaShares Australian Investment Grade Corporate Bond ETF (CRED) is due on 18 Nov 2024.

Upcoming ex-distribution date: 1 Oct 2024

Upcoming record date: 2 Oct 2024

Upcoming payment date: 16 Oct 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 franking level of 0%. Franking represents the tax a company has already paid on any profit it distributes to shareholders as a dividend. Only Australian companies pay franking credits therefore you will not see franking on ETFs that invest internationally. For ETFs that are diversified across asset classes, you may see partial franking.

BetaShares Australian Investment Grade Corporate Bond ETF (CRED) has a current dividend yield of 4.70% 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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