Key highlights

  • ASX:HYLD tracks the S&P/ASX 200 High Yield Select Index, which holds 50 companies with high forecast dividend yields.
  • Australia accounts for 98.73% of the portfolio, and the top ten holdings make up 69.71%.
  • The fund has about $118.62 million in assets and a 0.25% management fee.

The Betashares S&P Australian Shares High Yield ETF (ASX:HYLD) gives investors exposure to a group of Australian companies selected for their high forecast dividend yields. The fund aims to track the S&P/ASX 200 High Yield Select Index, before fees and expenses.

About the Fund

HYLD was admitted to the ASX on 5 August 2025 and is classified in the Australia Equity Income category. The index is designed to track 50 companies with high forecast dividend yields, selected from the constituents of the S&P/ASX 200 Index and excluding Australian real estate investment trusts. The fund has about $118.62 million in assets, and the management fee is 0.25%. Betashares is based in Sydney.

Country exposure

The largest country allocation is Australia at 98.73%, followed by the United Kingdom at 0.92%. The remaining exposure is spread across New Zealand (0.35%).

Stocks make up all of the portfolio, and 99.12% of it is in companies valued above $1 billion.

Portfolio holdings

The portfolio holds 50 companies, with top ten holdings making up 69.71% of the fund. The largest positions are BHP Group Ltd (11.07%), ANZ Group Holdings Ltd (9.56%), Westpac Banking Corporation (9.33%), National Australia Bank Ltd (9.31%) and Woodside Energy Group Ltd (7.61%).

The top ten also include Rio Tinto, Macquarie Group, Wesfarmers, Telstra and Transurban. Three of the four major banks are among the four largest holdings.

Understanding the exposure

The five largest positions add up to 46.88% of the fund, which shows how much of the exposure rests on a small number of names. The remaining 40 holdings share the other 30.29% of the portfolio, an average of about 0.76% each. Exposure is spread across 3 countries or regions, and the three largest allocations (Australia, the United Kingdom and New Zealand) together account for 100% of the portfolio.

Fees, size and distributions

HYLD pays distributions monthly. Recent monthly distributions have ranged from $0.117 to $0.127 per unit, and the most recent was $0.127, with an ex-date of 1 October 2026 and payment on 16 October 2026. The reported annual yield is 4.28%.

Fund structure and reporting

HYLD has an ISIN of AU0000404873 and a head office 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 HYLD 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 follows a rules-based index, so its holdings and weightings are set by the index methodology and adjusted when the index is rebalanced.