Key Highlights

  • The fund invests in credit securities rather than ordinary shares.
  • The leading disclosed holding entry is Australia & New Zealand Banking Group Ltd. 5.8442% at 3.82%.
  • The reported management fee is 0.55%.
  • The interim distribution record lists AUD 0.046 per unit.

Betashares Australian Credit Income Active ETF (ASX:HBRD) invests in an actively managed portfolio of diversified credit securities. Its stated approach allows tactical allocation between investment types, while the supplied holdings list includes securities associated with several Australian banking groups.

Investment Mandate

The portfolio should be read as a credit fund rather than a basket of ordinary bank shares. The holding descriptions include security-specific rate labels, but those labels are not the fund’s distribution yield. The record does not supply sufficient contractual detail to describe maturity or payment terms for every instrument.

Portfolio Disclosure

The sector table does not provide populated industry weights. A sector ranking cannot therefore be established from this record. The equity market-capitalisation fields contain zero entries. Those fields do not provide a useful breakdown of this credit portfolio, and they do not establish the size or financial condition of its underlying debt issuers.

Geographic and Asset Allocation

The geographic table assigns 93.79% to Australia. The next reported allocations are Netherlands at 2.25%, France at 0.61%, Canada at 0.56% and Switzerland at 0.51%. Bonds are recorded at 95.46% and other assets at 9.06%, while cash and stocks are recorded at zero. These asset-class fields sum to more than 100%; the record does not explain the basis and they should not be described as a reconciled allocation. The geographic breakdown describes the locations attached to the reported credit exposure.

Leading Holdings

The leading disclosed holding entries are Australia & New Zealand Banking Group Ltd. 5.8442% at 3.82%, ANZ Group Holdings Ltd. 6.8043% at 3.31% and National Australia Bank Ltd. 6.5239% at 3.30%. These are individual security weights; repeated issuer names represent separate entries in the supplied list.

Other disclosed positions include Westpac Banking Corp. 6.7689% at 3.27%, Commonwealth Bank of Australia 6.174% at 2.83%, National Australia Bank Ltd. 5.7443% at 2.79% and ANZ Group Holdings Ltd. 6.2699% at 2.79%. The holding descriptions do not establish the fund’s overall maturity profile or the contractual characteristics of every debt security.

Management Fee and Distribution

The reported management fee is 0.55%. The distribution record identifies a interim distribution amount of AUD 0.046 per unit, with an ex-distribution date of 01 Oct 2026, a record date of 02 Oct 2026 and a payment date of 16 Oct 2026. The listed payment date falls after the record date and remains a scheduled date in this entry. The stated amount relates to this distribution rather than a forecast of subsequent payments.

Key Takeaways

Betashares Australian Credit Income Active ETF (ASX:HBRD) combines its stated investment framework with reported exposure to credit securities. The holdings and allocation fields describe the portfolio’s composition, while the 0.55% management fee and interim distribution record provide separate cost and payment details. The unexplained asset-allocation total remains a limitation of the supplied financial record.