Key highlights

  • ASX:EIGA is an actively managed ETF investing in a diversified portfolio of quality Australian shares.
  • The fund holds 38 companies, with the top ten making up 51.35%, and cash at 5.74%.
  • The fund has about $25.55 million in assets and a 0.80% management fee.

The Perennial Income Generator Active ETF (ASX:EIGA) offers exposure to a diversified portfolio of Australian shares chosen by an active manager for their income potential. Perennial Value aims to invest in quality companies that it believes can pay an attractive level of dividend income and grow in value over the long term.

About the Fund

EIGA was admitted to the ASX on 7 May 2018 and is classified in the Australia Equity Income category. Its benchmark is the S&P/ASX 300 Franking Credit Adjusted Total Return Index. The fund has about $25.55 million in assets, and the management fee is 0.80%. The head office is in Sydney.

Country exposure

The largest country allocation is Australia at 98.43%, followed by the United States at 1.57%.

Stocks make up 94.26% of the portfolio and cash 5.74%. Of the portfolio, 98.47% is in companies valued above $1 billion.

Portfolio holdings

The portfolio holds 38 companies, with top ten holdings making up 51.35% of the fund. The largest positions are BHP Group Ltd (11.29%), Commonwealth Bank of Australia (8.25%), Telstra Group Ltd (5.18%), Wesfarmers Ltd (4.18%) and Woodside Energy Group Ltd (4.08%).

The top ten also include National Australia Bank, Westpac, ANZ, Macquarie Group and QBE Insurance.

Understanding the exposure

The five largest positions add up to 32.98% of the fund, which shows how much of the exposure rests on a small number of names. The remaining 28 holdings share the other 48.65% of the portfolio, an average of about 1.74% each. Exposure is spread across 2 countries or regions, and the three largest allocations (Australia and the United States) together account for 100% of the portfolio.

Fees, size and distributions

EIGA pays distributions monthly, and its recent monthly distributions have each been $0.017 per unit. The most recent had an ex-date of 8 October 2026 and payment on 15 October 2026, and the reported annual yield is 9.05%.

Fund structure and reporting

EIGA has an ISIN of AU0000003022 and a head office at Level 27, 88 Phillip Street, Sydney. Recent ASX announcements from the fund include an investor update for September, a final distribution notice, a monthly units release and a monthly portfolio disclosure.

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 EIGA 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.