SUBD - VanEck Vectors Australian Subordinated Debt ETF | Australian Income | Holdings

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VanEck Vectors Australian Subordinated Debt ETF SUBD

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.

Index description: The iBoxx AUD Investment Grade Subordinated Debt Index is designed to reflect the performance of investment grade subordinated bonds denominated in AUD. The index only includes AUD denominated floating rate bonds issued by financial institutions that qualify as Tier 2 Capital under APRA's Rules (or equivalent foreign rules), and which hold an iBoxx credit rating of investment grade.

 as at 22-Nov-19

  • Exchange

    ASX
  • ASX code

    SUBD
  • Bloomberg index code

    IBXXAIG1
  • Index provider

    Markit Indices Limited
  • NAV1

    $25.03
  • Units outstanding1

    80,000
  • Net assets1

    $2.0M
  • Number of holdings1

    12
  • Inception date2

    28-Oct-19
  • ASX commencement

    30-Oct-19

1As of the close of the previous trading day.
2The date the ETF was seeded prior to quotation on ASX.

as at 22-Nov-19

Portfolio composition (%)
as at 22-Nov-19

  • Asset classes

    % of Fund net assets
  • Stocks

    0.00
  • Bonds

    99.99
  • Other

    0.00
  • Cash

    0.01
  • Total

    100.00

All holdings (%) Download all holdings as at 22-Nov-19

No. of holdings: 12
Security name
Coupon
Maturity
Composite
rating^
Country
Currency
% of Fund
net assets
AUSTRALIA & NEW ZEALAND BANKING GROUP L
2.885
26-Jul-29
A
Australia
AUD
21.28
WESTPAC BANKING CORP
2.955
27-Aug-29
BBB
Australia
AUD
15.24
DBS GROUP HOLDINGS LTD
2.615
16-Mar-28
A
Singapore
AUD
12.57
NATIONAL AUSTRALIA BANK LTD
3.315
21-Sep-26
A
Australia
AUD
11.62
NATIONAL AUSTRALIA BANK LTD
2.800
26-Mar-25
A
Australia
AUD
8.96
AUSTRALIA & NEW ZEALAND BANKING GROUP L
3.602
17-May-26
A
Australia
AUD
7.06
NATIONAL AUSTRALIA BANK LTD
3.052
17-May-29
A
Australia
AUD
6.87
WESTPAC BANKING CORP
4.112
10-Mar-26
A
Australia
AUD
5.17
COMMONWEALTH BANK OF AUSTRALIA
3.611
03-Jun-26
A
Australia
AUD
5.15
WESTPAC BANKING CORP
2.715
22-Jun-28
A
Australia
AUD
5.05
SUNCORP GROUP LTD
3.147
05-Dec-28
BBB
Australia
AUD
0.51
NATIONAL AUSTRALIA BANK LTD
0.000
20-Sep-28
BBB
Australia
AUD
0.51
OTHER/CASH
--
--
AUD
0.01
Total 100.00

Source: Bloomberg. These are not recommendations to buy or to sell any security.

^Composite rating is an evenly weighted blend of a bond’s Moody’s, S&P and Fitch credit ratings when there are two or more. ‘NR’ means the bond has one ‘Investment Grade’ rating. The above ratings are not a credit opinion by VanEck on any bond or the Fund or a recommendation to buy any individual security.

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