Key Highlights

  • The fund tracks the Solactive Australian Government 7-12 Year Index and holds 80 bonds.
  • Australia accounts for 77.61% of the portfolio, Canada 11.78% and supranational issuers 7.10%.
  • The management fee is 0.22% and the fund size is $1.08 billion.
  • The October 2026 distribution of $0.167 is lower than the $0.170 paid in August.

Betashares Australian Government Bond ETF (ASX:AGVT) employs a passive management approach designed to track the performance of its index, before fees and expenses. The fund was admitted to the ASX on 9 July 2019 and last traded at $39.89 on 13 October 2026. It reports a fund size of $1.08 billion and sits in the Bonds - Australia category.

Detail

Information

Ticker

ASX:AGVT

Fund

Betashares Australian Government Bond ETF

Category

Bonds - Australia

Benchmark

Solactive Aus Gov 7-12 Yr TR AUD

Fund size

$1.08 billion

Management fee

0.22%

Total holdings

80

ASX admission date

9 July 2019

Holdings

The ten largest positions account for 36.89% of the fund. Five series of Australian Commonwealth Government Loans hold between 3.76% and 4.46% each, alongside Commonwealth of Australia bonds with coupons of 2.75% (4.45%), 3.75% (3.71%) and 4.75% (2.99%).

Treasury Corporation of Victoria 2.25% holds 2.66% and New South Wales Treasury Corporation 4.75% holds 2.52%. Reported turnover is 18.62%.

Issuer and country mix

Bonds represent 100% of the fund. Australia accounts for 77.61%, Canada for 11.78%, against 2.28% for the category, and supranational issuers for 7.10%. The Netherlands holds 1.24%, New Zealand 1.12%, France 0.67% and Norway 0.48%.

The fund carries no cash allocation, compared with 22.72% for the category.

Fee, risk and distributions

The management fee is 0.22% a year. The fund reports a beta of 1.51 and a standard deviation of 4.65. AGVT pays monthly, and the interim distribution of $0.167 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 4.40%.

That is lower than the $0.169 paid in September and $0.170 in August, but higher than the $0.159 in July and $0.143 in June.

Category classification and liquidity

Morningstar places the fund in the Bonds - Australia category, which covers funds investing primarily in traditional Australian fixed interest securities, including government and corporate debt, generally with maturities longer than one year and an average credit quality typically of A- or above.

Liquidity indicators add a further view. There are 27,038,357 units on issue, and average daily trading volume is 49,290 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 22,700 to 98,300 units, with 98,375 recorded on 13 October while the market was still open. The bid-offer range stood at $39.82 to $40.10, and the day range at $39.77 to $39.91. These figures change through the trading day and reflect market activity rather than the fund's holdings.

Recent announcements

The issuer lodged the Units on Issue Disclosure for September 2026 on 6 October, a DRP Issue Price and Final Distribution Announcement on 1 October, an Estimated Distribution Announcement on 29 September and the Annual Report on 25 September.

Final Takeaway

AGVT focuses on government bonds with seven to twelve years to maturity, with a meaningful Canadian and supranational component. The 0.22% fee and beta of 1.51 describe its profile, and its latest monthly distribution edged lower. These facts are descriptive and not predictive.