Key Highlights

  • The fund holds 50 companies, with the top ten at 46.70% and Commonwealth Bank at 6.89%.
  • Financial Services (38.93%) and Consumer Cyclical (12.11%) are weighted above category figures, while Basic Materials is 8.14%.
  • The management fee is 0.34% and reported turnover is 27.39%.
  • The October 2026 distribution of $0.369 is higher than the $0.267 paid in July and $0.347 in January.

Russell Investments High Dividend Australian Shares ETF (ASX:RDV) seeks to track the performance of the Russell Australia High Dividend Index by investing predominantly in Australian shares and trusts listed on the ASX. The index is weighted to companies expected to make high dividend payments. The fund was admitted to the ASX on 14 May 2010 and last traded at $34.30 on 13 October 2026.

Detail

Information

Ticker

ASX:RDV

Fund

Russell Investments High Dividend Australian Shares ETF

Category

Australia Equity Income

Benchmark

Russell Australia High Dividend TR AUD

Management fee

0.34%

Total holdings

50

ASX admission date

14 May 2010

Holdings

The ten largest positions represent 46.70% of the fund. Commonwealth Bank of Australia leads at 6.89%, followed by BHP Group (6.22%), ANZ Group (4.99%), Suncorp Group (4.92%) and Westpac (4.68%). National Australia Bank (4.33%), Steadfast Group (4.08%), Telstra (3.76%), Medibank Private (3.51%) and APA Group (3.28%) complete the list.

Reported turnover is 27.39%. Stocks account for 99.04% of the fund and other assets 0.96%.

Sector and country mix

Financial Services holds 38.93%, against 34.74% for the category, and Consumer Cyclical 12.11%, against 5.85%. Basic Materials holds 8.14%, well below the 19.72% category weighting. Utilities holds 6.33%, against 1.90%, and Real Estate 7.37%. The fund has no Technology weighting.

Australia accounts for 100% of the fund, and companies above $1 billion in market capitalisation represent 99.75%.

Fee, risk and distributions

The management fee is 0.34% a year. The fund reports a beta of 0.77 and a standard deviation of 9.59. The interim distribution of $0.369 per unit had an ex-date of 30 September 2026, a record date of 1 October and payment on 15 October, equal to an annual yield of 4.10%.

That is higher than the $0.267 paid in July, $0.347 in January and $0.365 in October 2025, but lower than the $0.412 paid in April.

Category classification and liquidity

Morningstar places the fund in the Australia Equity Income category, which covers funds investing primarily in Australian equities that seek to generate above-market levels of income, either through higher-yielding stocks or derivatives, and typically show a large-cap bias.

Liquidity indicators add a further view. Fund size and units on issue are not reported for this product, and average daily trading volume is 10,493 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 250 to 4,700 units, with 6,648 recorded on 13 October while the market was still open. The bid-offer range stood at $33.20 to $34.37, and the day range at $34.07 to $34.32. These figures change through the trading day and reflect market activity rather than the fund's holdings.

Recent announcements

The issuer lodged a Monthly Units On Issue Announcement, a Final Distribution notice for September 2026 and a dividend and distribution update on 6 October, and the Annual Financial Report on 30 September.

Final Takeaway

RDV tilts towards dividend payers, with higher weights in banks, consumer cyclicals and utilities and a lower weight in miners than its category. The 0.34% fee and light trading volume are part of its profile. These facts describe construction and do not forecast outcomes.