Key Highlights

  • The ClearBridge Real Income Fund - Active ETF (ASX:R3AL) aims for a pre-tax income Yield above the S&P/ASX 200 yield.
  • The portfolio holds 35 companies, with the ten largest accounting for 57.05% of the fund.
  • The fund size was $407.11 million, and the Turnover ratio is recorded at 16.00%.
  • Units were priced at $1.53, unchanged on the trading day.

The ClearBridge Real Income Fund - Active ETF (ASX:R3AL) is an actively managed Australian Equity fund focused on income. As of 11 November 2026, the units were priced at $1.53, with no change on the day, and the fund size was $407.11 million. The fund holds 35 companies and was admitted to the ASX on 28 January 2025. The fund's income focus and inflation-linked growth goal define the framework for its portfolio, and the income outcome depends on the dividends and distributions received from its holdings.

Ticker

ASX:R3AL

Category

Equity Australia Other

Benchmark

S&P/ASX 200 TR AUD

Admitted to ASX

28 January 2025

Last price

$1.53 (0.00%)

Fund size

$407.11 million

Total holdings

35 companies

Top 10 holdings share

57.05%

Turnover ratio

16.00%

Income and Growth Objective

The fund aims to provide a pre-tax income yield above the yield of the S&P/ASX 200 Index. It also seeks to grow that income above the rate of Inflation over time, combining an income target with a real return goal.

Because the objective refers to yield and inflation, the fund's income expectations are framed differently from a pure Capital growth mandate. Distribution levels are the outcome of the portfolio's income generation and are not fixed in advance.

The objective's reference to the index yield gives readers a benchmark for the income target, even though the fund's category is listed as Equity Australia Other rather than an income category.

A pre-tax income yield target means the fund's income is measured before tax at the portfolio level. The yield reference is the S&P/ASX 200 Index, which gives the objective a clear market-linked point of reference.

Portfolio Profile

The portfolio holds 35 companies. The ten largest holdings account for 57.05% of the fund, while the remaining 42.95% is spread across the other positions. This concentration describes how the fund's weight is distributed among its holdings.

The turnover ratio of 16.00% shows the level of trading across the portfolio during the period reported. The benchmark is the S&P/ASX 200 Total Return index in Australian dollars, which covers the largest companies on the ASX.

Growing income above inflation is a longer-term goal that requires the portfolio to generate rising income over time. The fund's distribution pattern in recent periods reflects this income generation, with amounts varying from one payment to the next.

Distributions and Trading

The fund's recent distribution history shows payments of 0.9 cents per unit in October 2026, 4.5 cents in July 2026 and 1.8 cents in April 2026. The pattern varies between periods, with the July payment carrying the largest amount in the recent sequence.

The units recorded no trading Volume on the day, and the bid-offer range was $1.53 to $1.54. The fund's listing date is 28 January 2025, and its disclosures include monthly unit reports and regular holdings updates.

The combination of a yield target and a growth goal means the portfolio is managed with both current income and future income in view. The turnover ratio of 16.00% indicates the level of trading used to manage the holdings over the period.

Final Word

The fund pursues an income yield target alongside a real growth objective, with the S&P/ASX 200 yield as its reference point. Its concentration profile, turnover ratio and distribution history provide the factual base for readers reviewing the product. The income focus, portfolio concentration and distribution history together provide the core information readers can follow as the fund continues to report its holdings and payments.