Key Highlights

  • The fund holds 105 companies and issuers, with the top ten making up 24.82% of the portfolio.
  • Australian issuers make up 73.60%, with Singapore at 6.71% and the Netherlands at 3.76%.
  • The listed annual Yield is shown as zero, though the fund has made a recent distribution.
  • The fund was admitted to the ASX on 26 August 2026.

Vanguard Australian Floating Rate Bond index ETF (ASX:VFLT) seeks to track the Bloomberg AusBond Corporate Liquid Floating Rate Note 1+ Year Index before fees, expenses and tax. The units were listed at $50.13, and the fund was admitted to the ASX on 26 August 2026. Floating rate notes pay coupons that reset with short-term rates, so the fund's income and price are less affected by rate moves than a fixed-rate bond portfolio.

Ticker

ASX:VFLT

Listed price

$50.13

Benchmark

Bloomberg AC Liquid FRN 1+ Yr TR AUD

Holdings

105 companies

Admitted to ASX

26 August 2026

Portfolio make-up

Bonds make up 95.19% of the fund, with cash at 4.80%. Australia accounts for 73.60%, Singapore for 6.71%, Japan for 1.76%, the Netherlands for 3.76%, France for 2.83% and Switzerland for 2.45%. The largest holdings are bank floating rate notes, including Westpac at 3.02%, ANZ at 2.73% and 2.52%, Westpac at 2.54% and 2.53%, and National Australia Bank at 2.52% and 2.10%.

The top ten holdings make up 24.82% of the portfolio, reflecting a heavy weighting to the major banks.

Income and costs

The listing does not show a management fee for this fund, and the annual yield is shown as zero, so investors should check the fund's product documents for fee details. A recent distribution was declared, and coupons on the underlying notes reset with short-term rates.

Risks to weigh

Floating rate structures reduce Interest Rate risk, but Credit risk remains because most holdings are bank and corporate notes. Concentration in the major banks means problems at one issuer could weigh on the fund. As a recently listed product, the fund has limited trading history on the exchange, and the fee information is not shown on the listing.

Final Word

The Vanguard Australian Floating Rate Bond Index ETF offers floating rate exposure to Australian and international bank and corporate notes. Its income follows short-term rates, and investors should check the fee and recent listing history before considering it.