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VanEck Australian Subordinated Debt ETF (ASX: SUBD) - Share Price and Research

- Current share price for SUBD : $25.280

VanEck Australian Subordinated Debt ETF (SUBD) 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. VanEck Australian Subordinated Debt ETF (SUBD) invests in a portfolio of subordinated bonds in accordance with the provisions of the Fund's Constitution and PDS.

General Information

VanEck Australian Sbdntd Dbt ETF
VanEck Investments Limited
Non Investment Grade Debt
Bloomberg AusBond Bank 0+Y TR AUD
starstarstarstarstar
starstarstarstar (as at 30 Nov 2024)
Investment Fund
28 Oct 2019
$2097.88 million (as at 16 Dec 2024)
$25.02 (as at 30 Aug 2023)
$24.98 (as at 30 Aug 2023)

SUBD ETF performance (30 Nov 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 0.34 1.58 3.3 7.19 7.23 4.67 3.69 -
Growth return -0.16 0.08 0.26 1.07 1.53 0.12 0.17 -
Income return (Yield) 0.5 1.5 3.04 6.12 5.7 4.55 3.52 -

Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.36 1.1 2.22 4.46 4.11 3.07 1.92 1.93

Asset Allocation (30 Nov 2024)

Australian Equities 0%
International Equities 0%
Cash 0%
Property 0%
Fixed Interest 100%
Alternatives 0%
Asset Allocation

Objectives and Strategy

The Fund gives investors access to the investment returns of a portfolio of Australian dollar denominated Investment Grade floating rate Subordinated Bonds.
The Fund employs a passive management strategy of investing directly in a portfolio primarily consisting of securities from the Reference Index with the intention of replicating the risk profile and performance of the Reference Index.

Offer information

MER 0.29% (as at 30 Oct 2023)
Indirect Cost Ratio (ICR) 0.29% (as at 30 Jun 2024)
Performance fee (not included in ICR) 0
Minimum initial investment

Top 10 holdings (as at 16 Dec 2024)

Holding Type % of Portfolio
Westpac Banking Corp. Bond - Corporate Bond 5.75%
Login now to view the complete list of holdings.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

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Data shown on this website is sourced by Morningstar
© Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only.