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 Mid Price 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.

Country of domicile: Australia

 as at 26-Nov-20

  • Exchange

    ASX
  • ASX code

    SUBD
  • Bloomberg index code

    IBXXAIS1
  • Index provider

    Markit Indices Limited
  • NAV1

    $25.08
  • Units outstanding1

    4,880,120
  • Net assets1

    $122.4M
  • Number of holdings1

    16
  • 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.

Portfolio composition (%)
as at 25-Nov-20

  • Asset classes

    % of Fund net assets
  • Stocks

    0.00
  • Bonds

    99.85
  • Other

    0.00
  • Cash

    0.15
  • Total

    100.00

All holdings (%) Download all holdings as at 25-Nov-20

No. of holdings: 16
Security name
Coupon
Maturity
Composite
rating^
Country
Currency
% of Fund
net assets
AUSTRALIA & NEW ZEALAND BANKING GROUP L
2.060
26-Jul-29
BBB+
Australia
AUD
14.76
NATIONAL AUSTRALIA BANK LTD
2.040
18-Nov-31
BBB+
Australia
AUD
9.56
WESTPAC BANKING CORP
2.072
27-Aug-29
BBB+
Australia
AUD
9.17
COMMONWEALTH BANK OF AUSTRALIA
1.891
10-Sep-30
BBB+
Australia
AUD
8.92
NATIONAL AUSTRALIA BANK LTD
2.170
17-May-29
BBB+
Australia
AUD
8.50
NATIONAL AUSTRALIA BANK LTD
2.490
21-Sep-26
BBB+
Australia
AUD
6.81
COMMONWEALTH BANK OF AUSTRALIA
2.740
03-Jun-26
BBB+
Australia
AUD
5.98
WESTPAC BANKING CORP
1.900
22-Jun-28
BBB+
Australia
AUD
5.79
AUSTRALIA & NEW ZEALAND BANKING GROUP L
2.720
17-May-26
BBB+
Australia
AUD
5.64
MACQUARIE BANK LTD
2.990
28-May-30
BBB
Australia
AUD
5.40
DBS GROUP HOLDINGS LTD
1.681
16-Mar-28
A
Singapore
AUD
5.16
AUSTRALIA & NEW ZEALAND BANKING GROUP L
1.945
26-Feb-31
BBB+
Australia
AUD
4.55
SUNCORP GROUP LTD
2.240
05-Dec-28
BBB+
Australia
AUD
4.15
QBE INSURANCE GROUP LTD
2.770
25-Aug-36
BBB
Australia
AUD
3.64
WESTPAC BANKING CORP
3.191
10-Mar-26
BBB+
Australia
AUD
1.82
NATIONAL AUSTRALIA BANK LTD
0.000
20-Sep-28
BBB+
Australia
AUD
0.01
OTHER/CASH
--
--
AUD
0.15
Total 100.01

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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