Australian Major Bank Subordinated Debt ETF
What BSUB does
The Australian Major Bank Subordinated Debt ETF (BSUB) by Betashares invests in subordinated debt issued by Australia's major banks. Subordinated debt is a type of loan that ranks below other loans in terms of claims on assets, meaning it carries a bit more risk but often offers higher returns. This ETF aims to provide investors with regular income by focusing on these bank-issued debts, while maintaining a relatively stable investment compared to other high-risk options. With a management fee of 0.29%, BSUB is designed for those looking to earn income through a diversified portfolio of bank debts, without directly investing in individual bank bonds.
Management Fee
0.29%
Distribution Yield
4.90%
Fund Under Management
$507M
+55.77M
Monthly Liquidity
6.57%
Spread
0.09%
Last Price
...
Product Type
ETFTop Holdings
| Holding | Weight |
|---|---|
| AUSTRALIA & NEW ZEALAND BANKING GROUP LTD 5.6771% JAN-34 | 10.40% |
| AUSTRALIA & NEW ZEALAND BANKING GROUP LTD 5.2454% JAN-35 | 9.20% |
| NATIONAL AUSTRALIA BANK LTD 4.9549% NOV-35 | 8.80% |
| NATIONAL AUSTRALIA BANK LTD 5.5948% FEB-34 | 8.60% |
| COMMONWEALTH BANK OF AUSTRALIA 5.4146% SEP-35 | 8.30% |
| WESTPAC BANKING CORP 5.1535% FEB-35 | 8.00% |
| COMMONWEALTH BANK OF AUSTRALIA 5.8588% OCT-33 | 7.40% |
| WESTPAC BANKING CORP 6.0298% JUN-33 | 7.20% |
| WESTPAC BANKING CORP 5.407% JUL-34 | 7.20% |
| AUSTRALIA & NEW ZEALAND BANKING GROUP LTD 6.0025% MAY-33 | 6.40% |
Sector Exposure
Country Exposure
Monthly fund flows
Monthly Flow
+$54.81M
12-Month Flow
+$356.4M
Trading Activity
Transacted Value
$33M
Volume
1,300,677
Number of Trades
1,122
Monthly Liquidity
6.57%
Performance
1 Month
0.50%
1 Year
5.73%
Total Return
Sector Exposure
Country Exposure
Top Holdings
Share Price Chart
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Resources
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