Key Highlights

  • The Betashares Aust Enhanced Credit Income Complex ETF (ASX:ECRD) seeks income through geared exposure to Australian corporate fixed income.
  • The fund holds three underlying investments and reported a size of $103.24 million.
  • Units were priced at $24.06, up 0.16% on the trading day.
  • The most recent monthly distribution was 15.4 cents per unit, paid in November 2026.

The Betashares Aust Enhanced Credit Income Complex ETF (ASX:ECRD) is a credit-focused fund designed to deliver a high level of income through geared exposure to Australian corporate fixed income securities. As of 11 November 2026, the units were priced at $24.06, rising by 4 cents or 0.16% on the day, and the fund had a size of $103.24 million. The product gains its exposure through other Exchange-traded funds rather than holding bonds directly. Because the fund uses geared exposure, its movements can be larger than those of an unleveraged credit holding, and readers should review the fund's disclosures carefully before forming a view from any single trading day.

Ticker

ASX:ECRD

Category

Diversified Credit

Benchmark

Not applicable

Admitted to ASX

24 November 2025

Last price

$24.06 (+0.16%)

Fund size

$103.24 million

Underlying holdings

3 companies

Latest distribution

15.4 cents (November 2026)

Objective and Structure

The fund's stated objective is to provide a high Yield through geared exposure to a portfolio of Investment grade Australian corporate fixed income securities. Gearing means the fund uses borrowed Capital to increase its exposure, which magnifies both income and price movements relative to the underlying assets.

Because the strategy works through underlying exchange-traded funds, the portfolio is compact, with three holdings listed in the fund's records. This structure concentrates the product's exposure into a small number of vehicles.

Geared credit strategies operate by combining borrowed capital with exposure to income-producing securities. The mechanism means that the spread between the income earned and the cost of borrowing is one of the key factors shaping the fund's distributions over time.

Credit Category Context

Diversified Credit funds generally invest in Australian and global credit securities and focus on active credit selection. Funds in this group can hold a range of credit qualities, including sub-investment grade and unrated issues.

The fund's own mandate is narrower, centred on investment grade Australian corporate debt, which places it within the credit segment but with a distinct geared profile.

The fund's reliance on underlying exchange-traded funds means its holdings can change as those vehicles are adjusted. The disclosure cycle includes monthly reports on units on issue and notional Derivatives exposure, which provide visibility into how the structure is being used.

Distributions and Trading

The fund pays distributions on a monthly basis. The most recent payment, announced for November 2026, was 15.4 cents per unit. Earlier monthly amounts listed in the fund's records include 15.1 cents for October 2026, 15.7 cents for September 2026, 15.7 cents for August 2026 and 16.2 cents for July 2026.

The units recorded a trading Volume of 21,366 on the day and were quoted within a bid-offer range of $24.00 to $24.18. Distribution amounts are determined by the manager and can change from one period to the next.

Monthly distributions give the fund a regular payment schedule, but the amount paid each month is set by the manager and can differ from one period to the next. The recent sequence of payments from July to November 2026 has ranged within a narrow band of about 15 to 16 cents per unit.

Final Word

The fund offers a geared route into Australian investment grade corporate debt, with monthly distributions forming a central part of its design. The mechanics of gearing and the reliance on underlying funds are key details that shape the product's behaviour, and each reader should consider those features in the context of their own circumstances. The fund's combination of geared exposure, underlying fund structure and monthly distributions defines its design, and the details of each element are set out in its disclosures for readers who want to examine them further.