Key Highlights

  • The trust provides exposure to a diversified portfolio of value companies listed in Australia, targeting long-term Capital growth.
  • Financial services are the largest sector at 42.07 percent, compared with 30.12 percent for the category.
  • Energy accounts for 15.10 percent of the portfolio, about double its category weighting of 7.58 percent.
  • Management fees and costs are 0.34 percent, and the annual Yield is 6.61 percent.

The Dimensional Australian Value Trust - Active ETF (ASX:DAVA) provides exposure to a diversified portfolio of value companies listed in Australia, with a stated aim of long-term capital growth. On 4 November 2026 the units were quoted at $31.43, down 3 cents or about 0.1 percent from the previous close of $31.47, with 93 units traded. The fund was admitted on 19 August 2024 and sits in the Equity Australia Large Value category.

Fund detail

Information

Ticker

ASX:DAVA

Benchmark

S&P/ASX 300 TR

Category

Equity Australia Large Value

Admitted

19 August 2024

Management fees and costs

0.34%

Fund size

$1.57 Billion

Units outstanding

49,760,101

Annual yield

6.61%

Turnover ratio

19.48%

Total fund holdings

178 companies

Last price (4 November 2026)

$31.43

ISIN

AU60DFA01016

Value approach and yield

The trust's objective is to provide long-term capital growth through a diversified portfolio of value companies. The category description characterises value stocks by low valuations and low growth rates relative to other large-cap companies.

The listing reports an annual yield of 6.61 percent, with 92.48 percent of holdings above one billion dollars in Market Capitalisation and 6.63 percent between $500 million and $1 billion.

Sector and country weighting

Financial services account for 42.07 percent, against 30.12 percent for the category. Basic materials are 26.03 percent against 24.62 percent, and energy 15.10 percent against 7.58 percent.

Healthcare is 3.38 percent against 7.06 percent, and consumer defensive 1.90 percent against 5.63 percent. The trust is entirely invested in Australia on the geographic breakdown.

Largest holdings

Westpac leads at 9.09 percent, followed by ANZ at 8.77 percent and National Australia Bank at 8.57 percent. Woodside Energy, Rio Tinto, Macquarie Group, QBE Insurance, Santos, Northern Star Resources and Fortescue complete the top ten.

The ten largest holdings make up 58.10 percent of the trust, with the remaining 41.89 percent spread across the other companies.

Final Word

The trust's weighting toward financial services, basic materials and energy reflects its value screen. Its 0.34 percent fee and 6.61 percent annual yield are the principal figures on the listing, and the holdings are set by the trust's value methodology rather than by market capitalisation.