Key Highlights

  • HVST is an actively managed fund aiming to provide income at least double the Yield of the S&P/ASX 200 Index, with a comparatively high portfolio Turnover ratio of 352.44 percent.
  • The fund reported net Assets of $273.77 million and 21,043,426 units on issue, with a management fee of 0.72 percent per annum, and has traded on ASX since 3 November 2014.
  • The portfolio is structured around underlying sector and broad-market ETFs, including the BetaShares Australia 200 ETF, Australian Resources Sector ETF and Australian Financials Sector ETF, alongside direct Equity holdings.

The BetaShares Australian Dividend Harvester Active ETF (ASX:HVST) aims to provide investors with regular income, comprising dividends and franking credits from Australian shares, targeting an income yield at least double that of the broad Australian sharemarket as measured by the S&P/ASX 200 index on an annual basis. The fund additionally aims to reduce the Volatility of equity Investment returns and cushion downside risk. Admitted to ASX trading on 3 November 2014, HVST is categorised under Australia Equity Income and benchmarked against the S&P/ASX 200 TR AUD index.

The fund reported net assets of $273.77 million and 21,043,426 units on issue, with a management fee of 0.72 percent per annum. Risk metrics show a Beta of 0.99 and a Standard Deviation of 9.99, both figures suggesting a portfolio profile designed to track closely with broader market movements while maintaining comparatively contained volatility. The fund's turnover ratio was recorded at 352.44 percent, notably elevated and consistent with its active income-enhancement strategy.

Sector Composition and Portfolio Construction

HVST's sector allocation is led by Financial Services at 36.39 percent, above the category average of 34.74 percent, followed by Basic Materials at 23.03 percent, above the category's 19.72 percent. Real Estate exposure of 5.61 percent exceeds the category average of 3.36 percent, while Industrials at 5.44 percent and Communication Services at 3.47 percent both trail their respective category figures of 8.96 percent and 6.37 percent.

Geographically, Australia represents 96.67 percent of the portfolio, above the category average of 95.96 percent, with smaller exposures to the United States, New Zealand, the United Kingdom, Canada and China. The fund held 99.96 percent of assets in equities and 0.02 percent in cash.

Holdings, Returns and Distributions

The portfolio's top ten holdings account for 73.54 percent of total assets across 43 companies, and notably include several underlying BetaShares Exchange-traded funds alongside direct equity positions. The BetaShares Australia 200 ETF is the largest holding at 24.99 percent, followed by the BetaShares Australian Resources Sector ETF at 14.75 percent and the BetaShares Australian Financials Sector ETF at 9.12 percent. Commonwealth Bank of Australia, the State Street SPDR S&P/ASX 200 Financials ex A-REIT ETF, Wesfarmers, Woolworths Group, CSL, Transurban Group and Telstra Group complete the remaining top ten names.

The fund declared an interim distribution of $0.060 per unit, producing an annual distribution yield of 5.71 percent, with an ex-date of 1 September 2026 and payment date of 16 September 2026.