Key Highlights

  • Dimensional Australian Value Trust - Active ETF (ASX:DAVA) is listed in the Equity Australia Large Value category with a fund size of $1.57 billion and a management fee of 0.34%.
  • The largest sector weighting is Financial Services at 42.07%, with stock making up 100.00% of reported asset allocation.
  • The latest interim distribution is $0.505 per unit, with a payment date of 19 Oct 2026.

Dimensional Australian Value Trust - Active ETF (ASX:DAVA) is an exchange traded fund listed on the ASX within the Equity Australia Large Value category. It was admitted to the exchange on 19 August 2024, and its benchmark is the S&P/ASX 300 TR. The trust’s objective is long-term capital growth through a diversified portfolio of value companies listed in Australia.

The management fee listed for the fund is 0.34%. The fund’s head office is listed in Sydney. The sections below walk through the latest trading snapshot, portfolio composition, distribution information, risk measures and recent announcements for the fund.

Latest Trading Snapshot

The last price was $31.40, lower by $0.20 or 0.66% on the session, against a previous close of $31.61. Trading volume stood at 1,167 units, with a bid and offer range of $31.39 to $31.43. The day range was $31.40 - $31.55. Average volume is shown as 8,476 units. On size, the fund size is $1.57 billion and units outstanding total 49,760,101. Prices are delayed by at least 20 minutes.

Portfolio Composition and Allocation

Asset allocation data lists stock at 100.00%. Morningstar sector data shows the largest weightings in Financial Services (42.07%), Basic Materials (26.03%) and Energy (15.10%). Compared with the category average, the largest overweight among the sectors listed is Financial Services, at 42.07% against 30.12%. The largest underweight is Consumer Cyclical, at 2.63% against 7.73% for the category.

By geography, Australia accounts for 100.00%. The fund has 178 total holdings. The holdings listed include Westpac Banking Corporation (9.09%), ANZ Group Holdings (8.77%), National Australia Bank (8.57%), Woodside Energy Group (6.57%) and Rio Tinto (6.18%). The top ten holdings together represent 58.10% of the portfolio. The reported turnover ratio is 19.48%.

Distribution Information

The most recent distribution listed is an interim distribution of $0.505 per unit, with an ex-date of 01 Oct 2026, a record date of 02 Oct 2026 and a payment date of 19 Oct 2026. The annual yield is shown as 6.58%. The distribution chart lists October 2026 ($0.505), July 2026 ($0.972), April 2026 ($0.372), January 2026 ($0.229) and October 2025 ($0.498). The latest payment is lower than the one before it, a reminder that amounts vary between periods.

Risk Measures and Recent Announcements

The fund has a beta of 0.76, a beta below 1, indicating lower sensitivity to market moves than the broader market on that measure, alongside a standard deviation of 9.36. Recent announcements include Monthly Units Issued & Redeemed & Notional Derivative Use (07/10/2026), Distribution Reinvestment Plan Issue Price (06/10/2026), Estimated Tax Component (06/10/2026) and Final Distribution Announcement (30/09/2026).

Category and Market Context

Funds grouped under Equity Australia Large Value are classified by Morningstar according to the securities they hold. The Australian share market is concentrated in financials and materials, so sector weightings are one of the main ways funds in this space differ from each other, alongside fees, index construction and the extent of active management.

Key Risks and Considerations

Equity funds are exposed to share market movements, and the sector tilts described above mean that events affecting particular industries can have a larger effect on this portfolio than on a broader market index. Distribution amounts can also vary from one period to the next.

What to Watch Ahead

Items that readers following Dimensional Australian Value Trust - Active ETF (ASX:DAVA) may track include the next monthly units-on-issue disclosure, distribution announcements and any portfolio or investment updates from the manager. Changes in the sector and asset mix, trading volumes and the fund’s size over time will also show how the portfolio is evolving. This article is informational and does not constitute investment advice.

The Bottom Line

Dimensional Australian Value Trust - Active ETF (ASX:DAVA) is a Equity Australia Large Value fund admitted to the ASX on 19 August 2024, with the latest ASX data showing a last price of $31.40 and a move of -0.66% on the session, a portfolio led by financial services at 42.07%, and a latest interim distribution of $0.505 per unit. Reading these figures alongside the fund’s category, fee, structure and risk measures gives a fuller picture of how the ETF is built and how it has been trading.