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SUBDAU VanEck Australian Subordinated Debt ETF Please read important disclosure Close important disclosure false

    • SUBD
    VanEck Australian Subordinated Debt ETF

    SUBD
    VanEck Australian Subordinated Debt ETF

    • NAV
      $25.14

      as at 18-Jul-25
    • Total Net Assets
      $2.58B
    • Dividend Frequency
      Monthly
    • Management fee (p.a.)
      0.29%
    • Number of securities
      37
    • Inception Date
      28-Oct-19
    SUBD - VanEck Subordinated Debt ETF Tile.webp

    Overview

    Fund Description

    SUBD invests in a portfolio of subordinated bonds with the aim of providing investment returns before fees and other costs that track the performance of the Index.

    Key benefits

    Investment grade subordinated bonds

    Access a portfolio of regulatory Tier 2 Capital investment grade credit quality subordinated floating rate bonds that rank ahead of Additional Tier 1 Capital bonds such as listed hybrids.

    Potential to protect against rising rates

    Subordinated bonds pay coupons (interest) that vary with short-term interest rates and interest rates are reset periodically resulting in reduced duration (interest rate risk).

    Yield premium

    Subordinated bonds offer a higher yield, commensurate with risk.

    Performance

    Holdings & allocations

    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 Update”.

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