Key highlights

  • VanEck Australian Subordinated Debt ETF (ASX:SUBD) was priced at $25.16 during the trading session on 22 October 2026, unchanged at 0.00%, with 250,019 units traded.
  • The fund data shows an annual yield of 5.46%, and the latest distribution was a interim distribution of $0.120 per unit with an ex-date of 1 October 2026.
  • The fund has a management fee of 0.29%, holds 42 positions and falls in Morningstar’s Non Investment Grade Debt category.

VanEck Australian Subordinated Debt ETF (ASX:SUBD), an exchange-traded fund managed by VanEck, was priced at $25.16 during the trading session on 22 October 2026, unchanged at 0.00%. The fund data shows an annual yield of 5.46%, which places it among the ETFs with a yield of 5% or more on the data reviewed for this series. Its latest distribution was a interim distribution of $0.120 per unit. Yield figures are shown as presented on the fund data, are not forecasts, and are not a recommendation.

Today’s trading data

During the session on 22 October 2026, SUBD traded at $25.16, unchanged at 0.00%, against a previous close of $25.16. The day range was $25.14 to $25.16, the bid-offer range was $25.15 to $25.17, and 250,019 units had changed hands, compared with an average daily volume of 260,523 units.

The fund’s size is $3.97 billion, with 157,906,031 units outstanding, and its management fee is 0.29%. The data shows a beta of 0.11 and a standard deviation of 0.74. The fund was admitted to the ASX on 30 October 2019 and its ISIN is AU0000061186.

The yield figure and the latest distribution

The fund data shows an annual yield of 5.46% for SUBD. The most recent distribution was a interim distribution of $0.120 per unit, with an ex-date of 1 October 2026 and a payment date of 16 October 2026. The latest distribution of $0.120 per unit is described as an interim distribution, and the ETF’s dividend announcements refer to a period ending 30 September 2026.

An annual yield in fund data summarises distributions over a period and is not a promise of future income. The size and timing of distributions can change with the income the fund receives, and for equity and property funds distributions can include capital gains. For this reason, the latest distribution amount, the distribution type and the dates are the most direct figures for a reader to compare.

What the ETF is designed to do

The fund employs a passive management strategy of investing directly in a portfolio primarily consisting of securities from its reference index, with the intention of replicating the risk profile and performance of the index. The index is the iBoxx AUD Investment Grade Subordinated Debt index. Morningstar classifies the fund as Non Investment Grade Debt, a category that covers funds investing in Australian or global credit securities with sub-investment-grade average credit quality, although the fund’s benchmark is an investment grade subordinated debt index. The fund’s beta is 0.11 and its standard deviation is 0.74, both low.

The fund’s benchmark is shown as iBoxx AUD IG Subdnt Debt TR AUD. It had 42 holdings in the data, with a turnover ratio of not shown.

Allocation and exposure

Bonds are 97.94% of the fund and cash is 2.06%, with no stocks or other assets. By geography, 85.10% is in Australia, 10.13% in the United Kingdom and 4.77% in France. The fund data shows no sector or company-size breakdowns because the fund holds bonds.

Top holdings

The ten largest positions make up 42.27% of the fund. They are three Westpac Banking Corp. securities at 5.42%, 4.35% and 3.55%, ANZ Group Holdings at 5.14%, Australia & New Zealand Banking Group at 4.39%, two Commonwealth Bank of Australia securities at 4.05% and 4.02%, two National Australia Bank securities at 4.01% and 3.92%, and HSBC Holdings at 3.38%.

Recent filings

Recent announcements for SUBD include a dividend component details notice on 8 October 2026, the issued units outstanding notice as at 30 September on 7 October, dividend reinvestment plan prices on 1 October, a final dividend and distribution notice for the period ending 30 September on 30 September and the annual report for the year ended 30 June 2026 on 28 September. The fund’s head office is at Level 12, Suite 1, 60 Castlereagh Street, Sydney.

Wrapping up

VanEck Australian Subordinated Debt ETF shows an annual yield of 5.46% in the fund data and traded at $25.16 on 22 October 2026. Its holdings, fee and distribution details are set out above, and the fund’s own announcements are the source for its detailed distribution components.