Key highlights

  • ASX:HVST is an actively managed ETF seeking income from Australian shares, including franking credits.
  • Australia accounts for 96.80% of the portfolio, and the top ten holdings make up 73.68%.
  • The fund has about $277.41 million in assets and has paid monthly distributions of $0.060 per unit in recent months.

The Betashares Australian Dividend Harvester Active ETF (ASX:HVST) gives investors exposure to Australian shares with a focus on income. The fund aims to provide regular income, comprising dividends and franking credits, that is at least double the income yield of the broad Australian sharemarket, as measured by the S&P/ASX 200 Index, on an annual basis.

About the Fund

HVST was admitted to the ASX on 3 November 2014 and is classified in the Australia Equity Income category, with the S&P/ASX 200 Total Return Index as its benchmark. Funds in this category invest principally in Australian equities that seek above-market levels of income, and typically have a large-cap bias. The fund also aims to reduce the volatility of equity investment returns and cushion downside risk.

The fund has about $277.41 million in assets.

Country exposure

The largest country allocation is Australia at 96.8%, followed by the United States at 2.09%. The remaining exposure is spread across New Zealand (0.7%), the United Kingdom (0.25%) and Canada (0.12%).

Stocks make up 99.98% of the portfolio, and 98.40% of it is in companies valued above $1 billion.

Portfolio holdings

The portfolio holds 43 companies, with top ten holdings making up 73.68% of the fund. The largest positions are Betashares Australia 200 ETF (A200) (24.84%), Betashares Australian Resources Sector ETF (QRE) (14.33%), Betashares Australian Financials Sector ETF (QFN) (9.4%), Commonwealth Bank of Australia (7.39%) and State Street SPDR S&P/ASX 200 Financials ex A-REIT ETF (OZF) (4.67%).

Several of the largest positions are other ETFs rather than individual shares. Individual stocks in the top ten include Wesfarmers (3.36%), Woolworths Group (2.75%), CSL (2.49%), Transurban (2.35%) and Telstra (2.04%).

Understanding the exposure

The five largest positions add up to 60.63% of the fund, which shows how much of the exposure rests on a small number of names. The remaining 33 holdings share the other 26.32% of the portfolio, an average of about 0.80% each. Exposure is spread across 5 countries or regions, and the three largest allocations (Australia, the United States and New Zealand) together account for 99.59% of the portfolio.

Fees, size and distributions

HVST pays distributions monthly, and its recent monthly distributions have each been $0.060 per unit.

Fund structure and reporting

The fund’s head office is at Level 46, 180 George Street, Sydney. Recent ASX announcements from the fund include a units-on-issue disclosure for September 2026, the distribution reinvestment plan issue price, distribution announcements and the annual report lodged on 25 September 2026.

Australia Equity Income funds invest principally in Australian equities that seek to generate above-market levels of income, either through higher-yielding stocks or through derivatives that complement dividend income, and they typically have a large-cap bias.

Units in HVST are quoted on the ASX and can be bought and sold through a broker during trading hours, in the same way as shares, so the exposure described above is available without buying each holding separately. The fund is actively managed, so its holdings and weightings are chosen by the manager rather than set by an index, and they can change over time.