Highlights

  • ClearBridge Global Infrastructure Value Fund Active ETF (ASX:CUIV) invests in global listed infrastructure securities.
  • The reported yield as of 26 October 2026 is 15.94%, with 0% franking.
  • The September 2026 quarter distribution was AUD 0.006 per unit, following AUD 0.1188 for the June quarter.
  • The unhedged portfolio targets income and capital growth, with quarterly distribution arrangements.

ClearBridge Global Infrastructure Value Fund Active ETF (ASX:CUIV) is an actively managed exchange-traded fund holding listed infrastructure businesses across international markets. Its investment objective combines income from underlying securities with long-term capital growth. As of 26 October 2026, the fund carried a reported distribution yield of 15.94% and 0% franking. The September quarter distribution of AUD 0.006 per unit followed the larger June quarter amount of AUD 0.1188, drawing attention to the fund’s income profile and its exposure to infrastructure operators worldwide.

Company Business and Investment Structure

ClearBridge Global Infrastructure Value Fund Active ETF (ASX:CUIV) is a managed investment product, not an operating infrastructure company. It holds listed securities issued by businesses that own or operate infrastructure assets. The strategy provides exposure to assets and services including electricity networks, utilities, transport infrastructure and other essential facilities, subject to the investment manager’s security selection.

The fund uses fundamental research and active portfolio management rather than tracking an infrastructure share index. Its disclosed investment objective is to deliver income and capital appreciation from global infrastructure securities and to outperform a benchmark based on the OECD G7 Inflation Index plus 5.5% per annum. That measure serves as a performance comparator, not as a distribution target.

CUIV is the unhedged version of ClearBridge’s infrastructure value strategy. The fund does not actively hedge foreign-currency exposure, so Australian-dollar results also reflect exchange-rate movements. The fund began in May 2011 and its ETF units commenced ASX trading in April 2025. Franklin Templeton Australia Limited is the responsible entity.

Recent Development: 2026 Distribution Profile

ClearBridge Global Infrastructure Value Fund Active ETF (ASX:CUIV) has a quarterly distribution schedule. For the September 2026 quarter, the reported distribution was AUD 0.006 per unit, with an ex-distribution date of 1 October 2026. The preceding June 2026 quarter distribution was AUD 0.1188 per unit, compared with AUD 0.04 per unit for the March 2026 quarter.

The 2026 distribution sequence also included AUD 0.04 per unit for the December 2025 quarter, with its ex-distribution date falling in January 2026. The different quarterly amounts are relevant to the fund’s cash distribution profile, while the reported franking level for CUIV was 0%. The product also offers a distribution reinvestment plan under its published fund arrangements.

Financial Performance and Sector Context

ClearBridge Global Infrastructure Value Fund Active ETF (ASX:CUIV) evaluates performance through changes in net asset value, portfolio returns and income distributions, rather than corporate revenue, EBITDA or net profit. The fund’s published management fees and costs are 0.974% per annum. Its valuation is calculated daily, and the portfolio is exposed to market movements in the infrastructure securities it owns.

Infrastructure investment outcomes depend on the characteristics of underlying assets. Regulated utility businesses can be affected by permitted returns and regulatory frameworks, while transport and other user-funded facilities may be influenced by volumes, demand and operating costs. Interest rates can influence financing costs and valuations across infrastructure businesses, including companies with significant debt requirements.

The fund’s currency structure creates another source of variation. Because overseas holdings are not hedged to the Australian dollar, changes in foreign exchange rates can alter reported portfolio values independently of the underlying securities’ local-market returns. The portfolio is also subject to individual company decisions, capital spending and government policy affecting infrastructure investment.

Risks to Consider

The responsible entity classifies the fund’s investment risk as high in its product disclosure statement. Key considerations include equity-market volatility, foreign-currency movements, concentrated industry exposures, interest-rate sensitivity, changes in infrastructure regulation and the possibility that individual holdings experience operating or financing difficulties. Active security selection also means results may differ from those of a broad infrastructure benchmark.

What to Watch Next

For ClearBridge Global Infrastructure Value Fund Active ETF (ASX:CUIV), subsequent quarterly distribution notices, portfolio disclosures and fund factsheets will provide information on the evolving income profile and asset allocation. Other developments include any changes to the mix of regulated and user-funded infrastructure investments, the Australian-dollar effect of overseas holdings, and changes in borrowing costs or regulatory settings affecting portfolio companies.

Key Insights

ClearBridge Global Infrastructure Value Fund Active ETF (ASX:CUIV) provides active exposure to international listed infrastructure without currency hedging. The October 2026 profile includes a reported 15.94% yield, 0% franking and a September-quarter distribution of AUD 0.006 per unit. Portfolio selection, the cash flows of infrastructure businesses, currency movements and future distribution announcements remain central to assessing the fund’s financial characteristics.