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

Current share price for UMAX : $26.540 0.22 (0.84%)+

BetaShares S&P 500 Yield Maximiser Fund (UMAX) 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 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) 240
UMAX Share Price $26.540
Day High $26.580
Day Low $26.470
Last Close $26.320
UMAX Share Price Movement $0.22 ( 0.84% )
Prices as at 15:35, 27 Nov 2024
+Security prices are delayed by at least 20 minutes and are indicative only.

UMAX Fund Information

Equity World Other
MSCI World Ex Australia NR AUD
starstar
Not Rated
Investment Fund
17 Sep 2014
$240.57 million (as at 22 Nov 2024)

UMAX 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 5.31 4.35 10.5 24 18.24 12 10.46 11.45
Growth return 4.01 3.06 7.74 - 11.9 5.56 3.91 5.14
Income return (Yield) 1.3 1.29 2.76 - 6.34 6.44 6.55 6.31

Market index (MSCI World Ex Australia NR AUD)
Total return 3.92 2.14 10.2 29.31 20.19 11.39 13.27 13.18

UMAX Related Research

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
Result 29.45¢ 0% 1 Oct 2024 16 Oct 2024 $26.540 $26.020 -
HFResult 30.44¢ 0% 1 Jul 2024 16 Jul 2024 $26.540 $26.020 -
Result 26.21¢ 0% 2 Apr 2024 17 Apr 2024 $26.540 $26.020 -

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

Company Sector Market Cap ($m) Headline Release
date/time+		 Price at
release+		 Current
price+		 Gain/Loss View
BetaShares S&P 500 Yield Maximiser Fund (UMAX) Financials $241 Units on Issue Disclosure - October 2024 6 Nov 2024 12:07PM $25.250 $26.540 risen by 5.11%
BetaShares S&P 500 Yield Maximiser Fund (UMAX) Financials $241 Units on Issue Disclosure - September 2024 4 Oct 2024 12:56PM $23.800 $26.540 risen by 11.51%
BetaShares S&P 500 Yield Maximiser Fund (UMAX) Financials $241 DRP Issue Price 1 Oct 2024 4:51PM $23.710 $26.540 risen by 11.94%
BetaShares S&P 500 Yield Maximiser Fund (UMAX) Financials $241 Final Distribution Announcement 30 Sep 2024 6:20PM $23.880 $26.540 risen by 11.14%
BetaShares S&P 500 Yield Maximiser Fund (UMAX) Financials $241 Estimated Distribution Announcement 27 Sep 2024 7:31PM $24.130 $26.540 risen by 9.99%
BetaShares S&P 500 Yield Maximiser Fund (UMAX) Financials $241 Annual Report 27 Sep 2024 4:17PM $24.130 $26.540 risen by 9.99%

UMAX Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2024A $24.02 $289.30 -18.20% 7.70 109.90 4.90% 0.0%
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%

UMAX 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
HMC Capital (HMC) $5,031M 0.0191 0.0000 0.0000 58.4851 0.0000 0.0000 0.98% 0.00% 0.00%
Netwealth Group (NWL) $7,402M 0.2382 0.2487 0.2325 88.6804 71.0193 57.6220 0.93% 1.17% 1.41%
Pinnacle Investment Management Group (PNI) $5,320M 0.1667 0.1969 0.1911 52.4615 43.8303 36.7967 1.76% 2.05% 2.45%
Perpetual (PPT) $2,442M -0.1521 0.2241 -0.0452 15.0169 12.2678 12.8486 5.53% 6.09% 5.63%
Beta S&P500 YieldMax (UMAX) $238M -0.1823 0.0000 0.0000 9.0768 0.0000 0.0000 4.19% 0.00% 0.00%

UMAX Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 9.10 1.13 0.00
Market 0.45 13.70 1.09 0.86
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.

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

BetaShares S&P 500 Yield Maximiser Fund's (UMAX) current share price is $26.54. This constitutes a price movement of 2% when compared to the share price 7 days ago and is 0.15% above UMAX's 12-month high of $26.50 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $26.32, BetaShares S&P 500 Yield Maximiser Fund's (UMAX) current share price of $26.54 constitutes a movement of $0.22 or 0.84%. BetaShares S&P 500 Yield Maximiser Fund's (UMAX) share price movement is 2% when compared to 7 days ago and is 0.15% above UMAX's 52-week high of $26.50.

BetaShares S&P 500 Yield Maximiser Fund's (UMAX) 52-week high is $26.50 which was reached on 14 Nov 2024. Relative to this, UMAX's current share price of $26.54 constitutes a $0.04 or 0.15% gain since that high of $26.50 per UMAX share.

BetaShares S&P 500 Yield Maximiser Fund's (UMAX) 52-week low is $21.12 which was reached on 2 Jan 2024. Relative to this, UMAX's current share price of $26.54 constitutes a $5.42 or 25.66% gain since that low of $21.12 per UMAX share.

BetaShares S&P 500 Yield Maximiser Fund's (UMAX) current market capitalisation is $240,840,733. 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 $0.29 per share and was paid on 16 Oct 2024. This last UMAX distribution or dividend included 0% franking.

Upcoming ex-distribution date: 1 Oct 2024

Upcoming record date: 2 Oct 2024

Upcoming payment date: 16 Oct 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 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 S&P 500 Yield Maximiser Fund (UMAX) has a current dividend yield of 4.60% 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.

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

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