Key Highlights

  • The fund targets fixed-rate Investment grade Australian dollar corporate bonds maturing in 2031.
  • The fund holds 59 companies and issuers, with the top ten making up 23.70%.
  • Bonds make up the entire portfolio, with Australia at 56.72% and New Zealand at 8.00%.
  • The management fee is 0.22%, and the listing shows no annual yield.

Betashares 2031 Fixed Term Corp Bond Active ETF (ASX:31BB) gives investors access to a diversified portfolio of fixed-rate, investment grade, Australian dollar corporate bonds with Maturity dates falling in 2031. The units were listed at $25.05, and the management fee is 0.22%. The fund targets a monthly distribution of a fixed dollar amount per unit, and it was admitted to the ASX on 30 April 2026.

Ticker

ASX:31BB

Listed price

$25.05

Management fee

0.22%

Category

Diversified Credit

Admitted to ASX

30 April 2026

Holdings

59 companies

Portfolio make-up

Bonds make up the entire portfolio. Australia accounts for 56.72%, New Zealand for 8.00%, France for 6.88%, Germany for 2.95%, Spain for 4.04%, Singapore for 4.00%, the United Kingdom for 4.37%, Sweden for 3.44% and the United States for 5.61%. The largest holdings include ING Bank at 3.00%, Weir Group at 2.88%, Arc Infrastructure at 2.51%, MTR Corporation at 2.50% and United Overseas Bank Sydney Branch at 2.49%.

The top ten make up 23.70% of the fund, and the rest is spread across the remaining issuers.

Income and costs

The management fee is 0.22%. The fund targets a fixed dollar distribution each month, so the distribution is designed to be steady rather than tied to the income of the holdings at any moment. The listing shows no annual yield.

Risks to weigh

Because the holdings mature in 2031, the portfolio carries less Interest Rate sensitivity than long-dated bond funds, but Credit risk remains. Corporate issuers can face financial pressure, and spreads can widen. The fixed term means the fund will be wound down as its holdings mature, so investors should plan for what happens after that point. The monthly target is not guaranteed.

Final Word

The Betashares 2031 Fixed Term Corp Bond Active ETF targets corporate bonds that mature in 2031, with a monthly distribution objective. Its defined horizon limits interest rate sensitivity, but investors still carry credit risk and must plan for the fund's wind-down.