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LENDAU VanEck Global Listed Private Credit (AUD Hedged) ETF Please read important information Close important disclosure false

    • LEND
    VanEck Global Listed Private Credit (AUD Hedged) ETF

    LEND
    VanEck Global Listed Private Credit (AUD Hedged) ETF

    • NAV
      $15.40

      as at 21-Aug-26
    • Total Net Assets
      $227.79M
    • Dividend Frequency
      Monthly
    • Management fee (p.a.)
      0.65%
    • Number of securities
      25
    • Inception Date
      31-Jan-24
    LEND

    Overview

    Fund description

    LEND gives investors exposure to a portfolio of 25 of the largest listed companies involved in private credit. LEND aims to provide investment returns before fees and other costs which track the performance of the Index with returns hedged into Australian dollars.

    Why consider LEND?

    Global listed private credit exposure

    Invest in the world’s largest listed private credit companies, with a portfolio that provides true diversification and a targeted exposure.

    High-income potential

    Private credit has proven to be an attractive alternative source of high income historically, commensurate with risk.

    Exposure to a growing and sought-after asset class

    Access via an ETF removes the barriers traditionally associated with this asset class.

    Who is TICKER suitable for?

      is likely to be appropriate for a consumer who is seeking capital preservation and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 7 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a satellite allocation within a portfolio, has an investment timeframe of at least 7 years, and has an extremely high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high to very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a major, core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital preservation and a regular income distribution, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 7 years, and has an extremely high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a minor or satellite allocation within a portfolio, has no investment timeframe, and has a high or very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking regular income distribution, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a satellite allocation within a portfolio, has no minimum investment timeframe, and has an extremely high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital preservation and a regular income distribution, is intending to use the product as a standalone solution, major, core, minor or satellite allocation within a portfolio, has no investment timeframe and has a low risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a standalone solution or major, core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a standalone solution or major, core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a standalone solution or major, core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high to very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.

    Performance

    Holdings & allocations

    All holdings (%) as at 21-Aug-26 Download all holdings

    No. of holdings: 25
    Holding name
    Ticker
    No. of securities held
    Market value
    % of Fund net
    assets
    Main Street Capital Corp MAIN US 219,442 17,854,930 7.84
    Fs Kkr Capital Corp FSK US 1,072,873 17,836,286 7.83
    Hercules Capital Inc HTGC US 717,046 17,145,444 7.53
    Ares Capital Corp ARCC US 611,756 17,010,298 7.47
    Blue Owl Capital Corp OBDC US 1,056,978 16,672,040 7.32
    Blackstone Secured Lending Fund BXSL US 478,632 16,542,332 7.26
    Golub Capital BDC Inc GBDC US 889,047 16,381,098 7.19
    Sixth Street Specialty Lending Inc TSLX US 415,251 10,891,353 4.78
    Trinity Capital Inc TRIN US 392,823 10,061,838 4.42
    Capital Southwest Corp CSWC US 271,565 9,461,560 4.15
    Morgan Stanley Direct Lending Fund MSDL US 370,435 7,942,324 3.49
    Prospect Capital Corp PSEC US 2,189,483 7,121,014 3.13
    Oaktree Specialty Lending Corp OCSL US 384,948 6,980,002 3.06
    Goldman Sachs BDC Inc GSBD US 491,945 6,757,032 2.97
    Barings BDC Inc BBDC US 457,586 5,965,735 2.62
    Midcap Financial Investment Corp MFIC US 359,981 4,904,263 2.15
    Tcg BDC Inc CGBD US 303,714 4,811,772 2.11
    Bain Capital Specialty Finance Inc BCSF US 283,486 4,772,251 2.10
    Fidus Investment Corp FDUS US 165,867 4,561,110 2.00
    Pennantpark Floating Rate Capital Ltd PFLT US 433,598 4,460,660 1.96
    New Mountain Finance Corp NMFC US 412,772 4,355,885 1.91
    Slr Investment Corp SLRC US 238,412 4,203,159 1.85
    Crescent Capital BDC Inc CCAP US 161,023 2,407,253 1.06
    Cion Investment Corp CION US 217,587 2,226,288 0.98
    Blackrock Tcp Capital Corp TCPC US 366,668 2,062,635 0.91
    Other/Cash --   4,398,016 1.93
    Total 100.00
    These are not recommendations to buy or to sell any security.

    Dividends

    Election of Dividend Reinvestment Plan (DRP)

    You can elect DRP by logging into MUFG’s Investor Centre. Once you are logged in, please proceed to the “Payments and Tax” tab and select “Reinvestment Plans”.

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