VanEck Blog & Insights

VanEck Vectors Australian Corporate Bond Plus ETF PLUS

Fund description: PLUS invests in a diversified portfolio of Australian dollar denominated bonds consisting predominantly of the highest yielding investment grade corporate bonds issued in Australia with the aim of providing investment returns (before fees and other costs) that track the performance of the Markit iBoxx AUD Corporates Yield Plus Index.

Index description:  The Markit iBoxx AUD Corporates Yield Plus Index (IBXXAUY1) is designed to reflect the performance of the higher-yielding AUD denominated corporate bond market with credit ratings from AAA to BB-. Investment Grade bonds must make up at least 80% of the portfolio.

 as at 18-Apr-19

  • Exchange

    ASX
  • ASX code

    PLUS
  • Bloomberg index code

    IBXXAUY1
  • Index provider

    Markit Indices Limited
  • NAV

    $17.82
  • Units outstanding

    16,357,439
  • Net assets

    $291.5M
  • Number of holdings

    134
  • Inception date1

    09-May-17
  • ASX commencement

    11-May-17

1The date the ETF was seeded prior to quotation on ASX.

as at 18-Apr-19

Portfolio composition (%)
as at 18-Apr-19

  • Asset classes

    % of Fund net assets
  • Stocks

    0.00
  • Bonds

    99.96
  • Other

    0.00
  • Cash

    0.04
  • Total

    100.00

All holdings (%) Download all holdings as at 18-Apr-19

No. of holdings: 134
Security name
Coupon
Maturity
Composite
rating^
Country
Currency
% of Fund
net assets
AUSTRALIA & NEW ZEALAND BANKING GROUP L
4.000
22-Jul-26
AA
Australia
AUD
2.46
AUSNET SERVICES HOLDINGS PTY LTD
4.400
16-Aug-27
A
Australia
AUD
2.24
BANK OF MONTREAL
3.250
06-Oct-22
AA
Canada
AUD
2.21
AUSGRID FINANCE PTY LTD
3.750
30-Oct-24
BBB
Australia
AUD
1.98
SUNCORP-METWAY LTD
3.250
24-Aug-26
AAA
Australia
AUD
1.97
FBG FINANCE PTY LTD
3.750
06-Sep-24
BBB
Belgium
AUD
1.92
QANTAS AIRWAYS LTD
7.500
11-Jun-21
BBB
Australia
AUD
1.81
LLOYDS BANKING GROUP PLC
3.650
20-Mar-23
A
United Kingdom
AUD
1.80
GOLDMAN SACHS GROUP INC/THE
4.700
08-Sep-21
A
U.S.
AUD
1.73
AT&T INC
3.450
19-Sep-23
BBB
U.S.
AUD
1.68
EMIRATES NBD PJSC
4.750
18-Feb-22
A
United Arab Emirates
AUD
1.67
WSO FINANCE PTY LTD
4.500
31-Mar-27
A
Australia
AUD
1.63
VERIZON COMMUNICATIONS INC
4.500
17-Aug-27
BBB
U.S.
AUD
1.60
WESTPAC BANKING CORP
3.125
27-Oct-22
AA
Australia
AUD
1.58
SGSP AUSTRALIA ASSETS PTY LTD
3.750
28-Jun-23
A
China
AUD
1.49
VOLKSWAGEN FINANCIAL SERVICES AUSTRALIA
2.950
22-Jun-20
BBB
Germany
AUD
1.43
VODAFONE GROUP PLC
3.250
13-Dec-22
BBB
United Kingdom
AUD
1.43
VERIZON COMMUNICATIONS INC
4.050
17-Feb-25
BBB
U.S.
AUD
1.42
METROPOLITAN LIFE GLOBAL FUNDING I
4.000
13-Jul-27
AA
U.S.
AUD
1.41
AURIZON NETWORK PTY LTD
4.000
21-Jun-24
BBB
Australia
AUD
1.36
LLOYDS BANKING GROUP PLC
4.000
07-Mar-25
A
United Kingdom
AUD
1.35
VOLKSWAGEN FINANCIAL SERVICES AUSTRALIA
3.300
28-Feb-22
BBB
Germany
AUD
1.31
AT&T INC
4.100
19-Jan-26
BBB
U.S.
AUD
1.29
OPTUS FINANCE PTY LTD
3.250
06-Sep-23
A
Singapore
AUD
1.25
GENERAL MOTORS FINANCIAL CO INC
3.850
21-Feb-23
BBB
U.S.
AUD
1.24
KOMMUNEKREDIT
2.900
27-Nov-26
AA+
Denmark
AUD
1.24
NATIONAL AUSTRALIA BANK LTD
3.000
05-Jul-22
AA-
Australia
AUD
1.23
PACIFIC NATIONAL FINANCE PTY LTD
5.400
12-May-27
BBB
Australia
AUD
1.21
INTEL CORP
4.000
01-Dec-22
A
U.S.
AUD
1.21
COMMONWEALTH BANK OF AUSTRALIA
4.200
11-Jun-26
AA
Australia
AUD
1.20
BPCE SA
4.500
26-Apr-28
A
France
AUD
1.17
UNITED ENERGY DISTRIBUTION PTY LTD
3.500
12-Sep-23
A
United Kingdom
AUD
1.15
LONSDALE FINANCE PTY LTD
3.900
15-Oct-25
BBB
Australia
AUD
1.14
HOLCIM FINANCE AUSTRALIA PTY LTD
3.500
16-Jun-22
BBB
Switzerland
AUD
1.11
GPT WHOLESALE OFFICE FUND NO 1
4.520
22-Feb-27
A
Australia
AUD
1.09
LLOYDS BANKING GROUP PLC
4.250
22-Nov-27
A
United Kingdom
AUD
1.08
QNB FINANCE LTD
4.900
01-Feb-28
A
Qatar
AUD
1.07
AUSTRALIA & NEW ZEALAND BANKING GROUP L
3.100
18-Jan-23
AA
Australia
AUD
1.07
CALTEX AUSTRALIA LTD
4.000
17-Apr-25
BBB
Australia
AUD
1.05
SCENTRE GROUP TRUST 1
4.500
08-Sep-21
A
Australia
AUD
1.04
COOPERATIEVE RABOBANK UA/AUSTRALIA
5.500
11-Apr-24
AA
Netherlands
AUD
1.04
UNITED ENERGY DISTRIBUTION PTY LTD
3.850
23-Oct-24
A
United Kingdom
AUD
1.03
JOHN DEERE FINANCIAL LTD
3.250
15-Jul-22
A
U.S.
AUD
1.03
AUSTRALIAN PRIME PROPERTY FUND RETAIL
3.750
22-May-24
A
Australia
AUD
0.99
AMP CAPITAL WHOLESALE OFFICE FUND
4.750
07-Oct-21
A
Australia
AUD
0.97
HYUNDAI CAPITAL SERVICES INC
3.500
30-Mar-22
BBB
Korea, Republic of
AUD
0.95
FBG FINANCE PTY LTD
4.100
06-Sep-27
BBB
Belgium
AUD
0.94
VICINITY CENTRES TRUST
3.500
26-Apr-24
A
Australia
AUD
0.92
FONTERRA CO-OPERATIVE GROUP LTD
4.000
02-Nov-27
A
New Zealand
AUD
0.92
DBNGP FINANCE CO PTY LTD
4.225
28-May-25
BBB
United Kingdom
AUD
0.92
TELSTRA CORP LTD
4.000
19-Apr-27
A
Australia
AUD
0.90
UBS AG/AUSTRALIA
3.250
08-Mar-23
AA
Switzerland
AUD
0.89
VODAFONE GROUP PLC
4.200
13-Dec-27
BBB
United Kingdom
AUD
0.86
WESTPAC BANKING CORP
3.200
06-Mar-23
AA
Australia
AUD
0.85
WESTPAC BANKING CORP
3.000
24-Apr-24
AA
Australia
AUD
0.85
BANK OF NOVA SCOTIA/AUSTRALIA
3.200
07-Sep-23
AA
Canada
AUD
0.85
AGL ENERGY LTD
5.000
05-Nov-21
BBB
Australia
AUD
0.85
FBG FINANCE PTY LTD
3.250
06-Sep-22
BBB
Belgium
AUD
0.81
NATIONAL AUSTRALIA BANK LTD
3.000
10-Feb-23
AA
Australia
AUD
0.78
LIBERTY FINANCIAL PTY LTD
5.100
09-Apr-21
BBB
Australia
AUD
0.76
PERTH AIRPORT PTY LTD
5.500
25-Mar-21
BBB
Australia
AUD
0.76
KOREA SOUTH-EAST POWER CO LTD
5.750
25-Sep-20
AA
Korea, Republic of
AUD
0.72
MACQUARIE UNIVERSITY
3.500
07-Sep-28
AA
Australia
AUD
0.71
VERIZON COMMUNICATIONS INC
3.500
17-Feb-23
BBB
U.S.
AUD
0.70
CONNECTEAST FINANCE PTY LTD
4.250
25-Feb-22
BBB
Australia
AUD
0.66
AUSTRALIA & NEW ZEALAND BANKING GROUP L
3.350
09-May-23
AA
Australia
AUD
0.63
MIRVAC GROUP FINANCE LTD
3.500
18-Sep-23
A
Australia
AUD
0.61
QANTAS AIRWAYS LTD
7.750
19-May-22
BBB
Australia
AUD
0.59
COMMONWEALTH BANK OF AUSTRALIA
3.250
25-Apr-23
AA
Australia
AUD
0.58
WESTPAC BANKING CORP
3.250
16-Nov-23
AA
Australia
AUD
0.58
STOCKLAND TRUST
4.500
23-Nov-22
A
Australia
AUD
0.53
AUCKLAND INTERNATIONAL AIRPORT LTD
4.500
23-Sep-27
A
New Zealand
AUD
0.53
AUSNET SERVICES HOLDINGS PTY LTD
5.750
28-Jun-22
A
Australia
AUD
0.52
QIC FINANCE SHOPPING CENTER FUND PTY LT
3.750
24-Feb-21
A
Australia
AUD
0.52
GPT WHOLESALE SHOPPING CENTRE FUND NO 1
3.993
11-Sep-24
A
Australia
AUD
0.49
PACIFIC NATIONAL FINANCE PTY LTD
5.250
19-May-25
BBB
Australia
AUD
0.49
DEUTSCHE BAHN FINANCE GMBH
3.500
27-Sep-24
AA
Germany
AUD
0.48
MACQUARIE GROUP LTD
4.150
15-Dec-27
BBB
Australia
AUD
0.48
AUSNET SERVICES HOLDINGS PTY LTD
4.200
21-Aug-28
A
Australia
AUD
0.46
AUSTRALIAN GAS NETWORKS VIC 3 PTY LTD
4.500
17-Dec-21
BBB
China
AUD
0.42
GOLDMAN SACHS GROUP INC/THE
4.000
02-May-24
A
U.S.
AUD
0.41
ETSA UTILITIES FINANCE PTY LTD
3.500
29-Aug-24
A
Australia
AUD
0.41
GENERAL PROPERTY TRUST
3.591
07-Nov-23
A
Australia
AUD
0.40
VICINITY CENTRES TRUST
4.000
26-Apr-27
A
Australia
AUD
0.38
TRANSURBAN QUEENSLAND FINANCE PTY LTD
4.900
08-Dec-21
BBB
Australia
AUD
0.37
BARCLAYS PLC
4.327
15-Jun-23
BBB
United Kingdom
AUD
0.36
SGSP AUSTRALIA ASSETS PTY LTD
3.750
27-Sep-24
A
China
AUD
0.36
EXPORT-IMPORT BANK OF KOREA
4.000
07-Jun-27
AA
Korea, Republic of
AUD
0.36
COMMONWEALTH BANK OF AUSTRALIA
3.200
16-Aug-23
AA
Australia
AUD
0.36
GENERAL PROPERTY TRUST
3.657
24-Aug-26
A
Australia
AUD
0.35
EMIRATES NBD PJSC
4.750
09-Feb-28
A
United Arab Emirates
AUD
0.35
NETWORK FINANCE CO PTY LTD
3.500
06-Dec-24
BBB
Australia
AUD
0.35
QPH FINANCE CO PTY LTD
5.000
07-Jul-21
BBB
Australia
AUD
0.35
QPH FINANCE CO PTY LTD
3.750
07-Jun-23
BBB
Australia
AUD
0.34
HYUNDAI CAPITAL SERVICES INC
3.500
03-Jun-21
BBB
Korea, Republic of
AUD
0.34
WELLS FARGO & CO
4.750
27-Aug-24
A
U.S.
AUD
0.34
COMMONWEALTH BANK OF AUSTRALIA
3.000
11-Jan-24
AA
Australia
AUD
0.34
DOWNER GROUP FINANCE PTY LTD
4.500
11-Mar-22
BBB
Australia
AUD
0.32
ALE DIRECT PROPERTY TRUST
5.000
20-Aug-20
BBB
Australia
AUD
0.32
LIBERTY FINANCIAL PTY LTD
5.100
01-Jun-20
BBB
Australia
AUD
0.26
BRISBANE AIRPORT CORP PTY LTD
3.900
24-Apr-25
BBB
Australia
AUD
0.26
APT PIPELINES LTD
7.750
22-Jul-20
BBB
Australia
AUD
0.26
AUSTRALIA PACIFIC AIRPORTS MELBOURNE PT
4.000
15-Sep-22
A
Australia
AUD
0.25
EXPORT-IMPORT BANK OF KOREA
3.700
19-Feb-21
AA
Korea, Republic of
AUD
0.24
GE CAPITAL AUSTRALIA FUNDING PTY LTD
5.500
08-Aug-22
BBB
U.S.
AUD
0.21
EMIRATES NBD PJSC
4.850
12-Oct-27
A
United Arab Emirates
AUD
0.21
WESTPAC BANKING CORP
2.750
31-Aug-22
AAA
Australia
AUD
0.21
COMMONWEALTH BANK OF AUSTRALIA
4.750
27-May-24
AAA
Australia
AUD
0.19
AUSTRALIA PACIFIC AIRPORTS MELBOURNE PT
3.750
04-Nov-26
A
Australia
AUD
0.19
JPMORGAN CHASE & CO
4.500
30-Jan-26
A
U.S.
AUD
0.19
SHINHAN BANK CO LTD
5.000
30-Aug-28
BBB
Korea, Republic of
AUD
0.18
APT PIPELINES LTD
3.750
20-Oct-23
BBB
Australia
AUD
0.18
QIC FINANCE SHOPPING CENTER FUND PTY LT
3.750
06-Dec-23
A
Australia
AUD
0.18
ZURICH FINANCE AUSTRALIA LTD
3.477
31-May-23
A
Switzerland
AUD
0.18
AROUNDTOWN SA
4.500
14-May-25
BBB
Germany
AUD
0.18
QNB FINANCE LTD
4.150
01-Feb-23
A
Qatar
AUD
0.18
LLOYDS BANKING GROUP PLC
3.900
23-Nov-23
A
United Kingdom
AUD
0.18
SVENSKA HANDELSBANKEN AB
3.250
27-Sep-23
AA
Sweden
AUD
0.18
SUNCORP-METWAY LTD
3.000
13-Sep-23
AAA
Australia
AUD
0.18
TELSTRA CORP LTD
4.000
16-Sep-22
A
Australia
AUD
0.16
COMMONWEALTH BANK OF AUSTRALIA
3.250
17-Nov-26
AAA
Australia
AUD
0.14
SHOPPING CENTRES AUSTRALASIA PROPERTY R
3.750
20-Apr-21
BBB
Australia
AUD
0.14
NISSAN FINANCIAL SERVICES AUSTRALIA PTY
3.000
22-Mar-21
A
Japan
AUD
0.12
UNIVERSITY OF TECHNOLOGY SYDNEY
3.750
20-Jul-27
AA
Australia
AUD
0.10
GOLDMAN SACHS GROUP INC/THE
3.600
16-May-23
A
U.S.
AUD
0.09
AUSTRALIA & NEW ZEALAND BANKING GROUP L
5.000
16-Aug-23
AAA
Australia
AUD
0.08
ENERGY PARTNERSHIP GAS PTY LTD
3.642
11-Dec-24
BBB
United Kingdom
AUD
0.07
NATIONAL AUSTRALIA BANK LTD
3.250
26-Sep-23
AA
Australia
AUD
0.07
VOLKSWAGEN FINANCIAL SERVICES AUSTRALIA
3.250
13-Apr-21
BBB
Germany
AUD
0.07
TORONTO-DOMINION BANK/THE
4.200
07-Aug-25
AA
Canada
AUD
0.04
AUSTRALIAN CATHOLIC UNIVERSITY LTD
3.700
03-Aug-27
AA
Australia
AUD
0.04
TRANSURBAN QUEENSLAND FINANCE PTY LTD
3.750
12-Oct-23
BBB
Australia
AUD
0.04
ROYAL BANK OF CANADA/SYDNEY
4.200
22-Jun-26
AA
Canada
AUD
0.02
AT&T INC
4.600
19-Sep-28
BBB
U.S.
AUD
0.02
OTHER/CASH
--
--
AUD
0.04
Total 100.03

Source: JP Morgan. 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.

– country of risk