Key Highlights

  • The fund holds 200 corporate bonds, with the top ten at only 13.22%.
  • Bonds make up 97.78% of the portfolio, and Australia 64.45%.
  • The management fee is 0.32% and reported turnover is 29.70%.
  • The October 2026 distribution of $0.070 is higher than the $0.065 paid in each of the previous four months.

VanEck Australian Corporate Bond Plus ETF (ASX:PLUS) employs a strategy of investing directly in a portfolio of securities designed to generally track the performance of its reference index, the Markit iBoxx AUD Corporates Yield Plus Index. The fund was admitted to the ASX on 11 May 2017 and last traded at $16.56 on 13 October 2026. It reports a fund size of $402.58 million.

Detail

Information

Ticker

ASX:PLUS

Fund

VanEck Australian Corporate Bond Plus ETF

Category

Diversified Credit

Benchmark

Markit iBoxx AUD Corp Yield Plus TR AUD

Fund size

$402.58 million

Management fee

0.32%

Total holdings

200

ASX admission date

11 May 2017

Holdings

The ten largest positions represent 13.22% of the fund. Scentre Group Trust 1 leads at 1.64%, followed by AusNet Services Holdings (1.46%), the VanEck Cash Plus Active ETF (1.37%), Energie Baden-Wurttemberg International Finance (1.35%) and Qantas Airways (1.35%).

Woolworths Group holds 1.24%, Credit Agricole 1.21%, Sydney Airport Finance 1.20%, Emirates NBD 1.18% and Ausgrid Finance 1.18%. Reported turnover is 29.70%.

Asset allocation and geography

Bonds account for 97.78% of the fund and cash for 2.21%, against 91.57% and 9.32% for the category. Australia represents 64.45% of the portfolio, above the 56.66% category figure. Germany holds 7.13%, against 3.78%, France 6.24%, the United States 6.10% and New Zealand 5.92%.

The United Kingdom holds 3.36%, the United Arab Emirates 2.70% and Spain 2.40%.

Fee, risk and distributions

The management fee is 0.32% a year. The fund reports a beta of 0.65 and a standard deviation of 3.27. PLUS pays monthly, and the interim distribution of $0.070 per unit had an ex-date of 1 October 2026, a record date of 2 October and payment on 16 October, equal to an annual yield of 4.59%.

The amount was $0.065 in each of September, August, July and June.

Category classification and liquidity

Morningstar places the fund in the Diversified Credit category, which covers funds investing primarily in Australian and/or global credit securities, typically with active credit selection aimed at higher returns than government bonds, where average credit quality is typically BBB or above and sub-investment grade and unrated issues are permitted.

Liquidity indicators add a further view. There are 24,339,644 units on issue, and average daily trading volume is 32,729 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 14,300 to 36,400 units, with 23,090 recorded on 13 October while the market was still open. The bid-offer range stood at $16.48 to $16.80, and the day range at $16.52 to $16.56. These figures change through the trading day and reflect market activity rather than the fund's holdings.

Recent announcements

The issuer published dividend component details on 8 October, Issued Units Outstanding as at 30 September 2026 on 7 October, Dividend Reinvestment Plan prices on 1 October, a final distribution notice on 30 September and the Annual Report on 28 September.

Final Takeaway

PLUS spreads exposure across 200 corporate bonds, with about 36% issued outside Australia, at a 0.32% fee. Its monthly distribution rose to $0.070 from $0.065. These facts describe the fund and do not forecast outcomes.