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BetaShares S&P 500 Yield Maximiser Fund (ASX: UMAX) - Share Price and Research

- Current share price for UMAX : $23.520

BetaShares S&P 500 Yield Maximiser Fund (UMAX) is a managed investment fund whose units trade on the ASX, much like listed shares. The Fund aims to provide investors with exposure to a basket of 500 large capitalisation U.S. equities that provides regular income, the potential for some capital growth and a reduced overall volatility of returns.

UMAX General Information +

ASX Code UMAX
Website http://www.betashares.com.au
Industry/Sector Asset Management & Custody Banks
Market Cap ($M) 190
UMAX Share Price $23.520
Day High $23.540
Day Low $23.460
Last Close $23.520
UMAX Share Price Movement - ( No change )
Prices as at 16:40, 4 Jul 2024
+Security prices are delayed by at least 20 minutes and are indicative only.

UMAX Related Research

Exchange Traded Fund Description

BetaShares S&P 500 Yield Maximiser Fund (UMAX) is a managed investment fund whose units trade on the ASX, much like listed shares. The Fund aims to provide investors with exposure to a basket of 500 large capitalisation U.S. equities that provides regular income, the potential for some capital growth and a reduced overall volatility of returns.

BetaShares S&P 500 Yield Maximiser Fund (UMAX) Upcoming Dividends & Yields

Distribution Type Dividend Franking Ex-dividend date Payment date Current Price+ Price 7D Avg Dividend Yield
HFResult 30.44¢ 0% 1 Jul 2024 16 Jul 2024 $23.520 $23.690 -
Result 26.21¢ 0% 2 Apr 2024 17 Apr 2024 $23.520 $23.690 -
Result 26.49¢ 0% 2 Jan 2024 17 Jan 2024 $23.520 $23.690 -

See all dividends from BetaShares S&P 500 Yield Maximiser Fund (UMAX) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

BetaShares S&P 500 Yield Maximiser Fund (UMAX) Recent ASX Announcements

Headline Release
date/time+		 Price at
release+		 Current
price+		 Price 7D Avg Gain/Loss
DRP Issue Price 1 Jul 2024 2:30PM $23.550 $23.520 $23.690 fallen by 0.13%
Final Distribution Announcement 1 Jul 2024 8:01AM $24.000 $23.520 $23.690 fallen by 2%
Estimated Distribution Announcement 27 Jun 2024 7:27PM $23.690 $23.520 $23.690 fallen by 0.72%
  • + Company announcements and prices are delayed by at least 20 minutes. Prices are indicative only.

See all ASX announcements from BetaShares S&P 500 Yield Maximiser Fund (UMAX) or use our ASX Announcements tool to search for announcements across all ASX-listed securities.

UMAX Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2023A $23.51 $353.80 -2,274.60% 5.60 136.00 6.90% 0.0%
2022A -$1.03 -$16.30 -104.30% 0.00 123.60 5.90% 0.0%
2021A $20.78 $379.40 -380.30% 4.90 118.40 6.40% 0.0%

UMAX 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
Magellan Financial Group (MFG) $1,545M -0.5164 -0.0458 -0.1145 8.5457 8.9557 10.1136 13.65% 6.62% 5.87%
Netwealth Group (NWL) $5,288M 0.1948 0.4092 0.0845 78.6855 55.8361 51.4849 1.11% 1.43% 1.74%
Pinnacle Investment Management Group (PNI) $2,898M -0.0127 -0.0682 0.2111 36.5897 39.2680 32.4244 2.52% 2.29% 2.47%
Perpetual (PPT) $2,471M -0.2217 0.0366 0.1016 12.9246 12.4683 11.3185 7.16% 6.00% 6.47%
Beta S&P500 YieldMax (UMAX) $191M -22.7462 0.0000 0.0000 6.6505 0.0000 0.0000 5.78% 0.00% 0.00%

UMAX Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 6.65 1.11 0.00
Market 0.37 13.70 1.05 1.05
Sector 0.00 0.00 0.00 0.00

UMAX Directors

Name Position Start Date
Mr Alex Vynokur Executive Director 21 Sep 2009
Mr Jason Gellert Executive Director 5 Mar 2021
Mr Edward Sippel Non-Executive Director 5 Mar 2021

BetaShares S&P 500 Yield Maximiser Fund (UMAX) Changes in Directors' Interest & Trades

There are no directors' trades from BetaShares S&P 500 Yield Maximiser Fund (UMAX). Please use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

UMAX Calendar of Events

Date Event
26 September 2024 Report (Annual)
16 July 2024 Div Pay Date

FAQs about BetaShares S&P 500 Yield Maximiser Fund (UMAX)

BetaShares S&P 500 Yield Maximiser Fund's (UMAX) current share price is $23.52. This constitutes a price movement of 0.72% when compared to the share price 7 days ago and is -2% below UMAX's 12-month high of $24.00 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $23.52, BetaShares S&P 500 Yield Maximiser Fund's (UMAX) current share price of $23.52 constitutes a movement of or 0%. BetaShares S&P 500 Yield Maximiser Fund's (UMAX) share price movement is -0.72% when compared to 7 days ago and is -2% below UMAX's 52-week high of $24.00.

BetaShares S&P 500 Yield Maximiser Fund's (UMAX) 52-week high is $24.00 which was reached on 28 Jun 2024. Relative to this, UMAX's current share price of $23.52 constitutes a -$0.48 or -2% drop since that high of $24.00 per UMAX share.

BetaShares S&P 500 Yield Maximiser Fund's (UMAX) 52-week low is $20.72 which was reached on 14 Jul 2023. Relative to this, UMAX's current share price of $23.52 constitutes a $2.80 or 13.51% gain since that low of $20.72 per UMAX share.

BetaShares S&P 500 Yield Maximiser Fund's (UMAX) current market capitalisation is $190,616,829. 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 S&P 500 Yield Maximiser Fund (UMAX) last distribution or dividend was $0.26 per share and was paid on 17 Apr 2024. This last UMAX distribution or dividend included 0% franking. The next dividend payment for BetaShares S&P 500 Yield Maximiser Fund (UMAX) is due on 16 Jul 2024.

Upcoming ex-distribution date: 2 Apr 2024

Upcoming record date: 3 Apr 2024

Upcoming payment date: 17 Apr 2024

ETFs, such as BetaShares S&P 500 Yield Maximiser Fund (UMAX), 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 S&P 500 Yield Maximiser Fund (UMAX), 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 S&P 500 Yield Maximiser Fund (UMAX).


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 S&P 500 Yield Maximiser Fund (UMAX) has a current dividend yield of n/a this year. Last year's dividend yield was 6.40%. The dividend yield for UMAX is a ratio that tells you the percentage of BetaShares S&P 500 Yield Maximiser Fund (UMAX)'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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