BetaShares Australian Bank Senior Floating Rate Bond ETF
Opportunity to earn attractive monthly income, combined with a high level of capital stability from a quality portfolio of senior floating rate bonds issued by Australian banks.
QPON aims to track the performance of an index (before fees and expenses) that measures the performance of a portfolio of some of the largest and most liquid senior floating rate bonds issued by Australian banks.
Eligible bonds must have amounts outstanding of at least $500 million and a term to maturity of between 1 to 5 years, with up to 80% of the portfolio allocated to bonds issued by the ‘big 4’ Australian banks (equal weighted) and up to 20% of the portfolio allocated to other major Australian banks.
Current Price | |
---|---|
Last Trade* | - |
% Change (prev day) | - |
Bid (delayed) | - |
Offer (delayed) | - |
NAV | |
---|---|
NAV/Unit* | $26.07 |
Net Assets* ($A) | $707,744,613 |
Units Outstanding* (#) | 27,148,528 |
Mgmt Costs** (% p.a.) | 0.22% |
Distribution Frequency | Monthly |
Distribution Reinvestment Plan (DRP) | Full or partial participation available |
Issuer | BetaShares Capital Ltd |
Fund Administrator | RBC Investor Services |
Custodian | RBC Investor Services |
Registry | Link Market Services |
Auditor | KPMG |
ASX Code | QPON |
Bloomberg Code | QPON AU |
IRESS Code | QPON.AXW |
Trading Hours | 10.00-16.00 (AEST) |
Market Makers | Deutsche Securities |
SMSF Eligible | Yes |
Index | Solactive Australian Bank Senior Floating Rate Bond Index |
Index Provider | Solactive AG |
Index Ticker | N/A |
Bloomberg Index Ticker | SOLAUSFR Index |
Running Yield (% p.a.)
Average coupon (weighted by market value) of the
bonds
in the portfolio, divided by the current market price of the bonds.
Provides
an indication of expected current income from making an investment at
market
price. This value will vary over time as interest rates change.
|
0.86 % p.a. |
Yield to Maturity (% p.a.)
Total expected return from the bond portfolio, based on current bond prices and assuming no change in prevailing interest rates. This value will vary over time. Reflects annualised costs and benefits associated with FX-hedging, where relevant.
|
0.37 % p.a. |
Average Maturity (yrs)
Average (weighted by market value) length of time
until the current
bonds in the portfolio mature.
|
3.37 yrs |
Modified Duration (yrs)
A measure of the sensitivity of the portfolio’s
value
to a change in
interest rates. For example, a Modified Duration of 0.15 years implies
that
a 1% rise in the
reference interest rate will reduce the value of the portfolio by 0.15%.
|
0.15 yrs |
Average Credit Rating
Average credit rating for the bonds in the
portfolio. Source:
Bloomberg
| AA- |
Name | Weight (%) |
---|---|
COMMONWEALTH BANK OF AUSTRALIA FRN JAN-24 | 10.2 |
WESTPAC BANKING CORP FRN AUG-24 | 10.1 |
NATIONAL AUSTRALIA BANK LTD FRN JAN-25 | 10.1 |
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD FRN JAN-25 | 10.0 |
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD FRN AUG-24 | 10.0 |
NATIONAL AUSTRALIA BANK LTD FRN JUN-24 | 10.0 |
WESTPAC BANKING CORP FRN APR-24 | 9.8 |
COMMONWEALTH BANK OF AUSTRALIA FRN AUG-23 | 9.8 |
BANK OF QUEENSLAND LTD FRN FEB-23 | 5.0 |
MACQUARIE BANK LTD FRN DEC-25 | 4.9 |
Ticker | Name | Weight (%) | Asset Class | Sector | Country | Currency | Shares/Unit (#) | Market Value (AUD) | Notional Value (AUD) | Maturity Date | Coupon (%) | YTM (%) | Modified Duration |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBAAU 0 01/11/24 Corp | COMMONWEALTH BANK OF AUSTRALIA FRN JAN-24 | 10.2 | Bonds | Financials | Australia | AUD | 70,400,000 | $72,235,680 | $72,235,680 | 2024-01-11 | 3.1933 | 0.5830 | 0.0953 |
WSTP 0 08/16/24 Corp | WESTPAC BANKING CORP FRN AUG-24 | 10.1 | Bonds | Financials | Australia | AUD | 70,200,000 | $71,556,966 | $71,556,966 | 2024-08-16 | 2.5252 | 0.7882 | 0.1923 |
NAB Float 01/21/25 Corp | NATIONAL AUSTRALIA BANK LTD FRN JAN-25 | 10.1 | Corporate Bond | Financials | Australia | AUD | 70,000,000 | $71,220,100 | $71,220,100 | 2025-01-21 | 1.67 | 0.9181 | 0.1196 |
ANZ Float 01/16/25 Corp | AUSTRALIA & NEW ZEALAND BANKING GROUP LTD FRN JAN-25 | 10.0 | Bonds | Financials | Australia | AUD | 69,500,000 | $70,713,818 | $70,713,818 | 2025-01-16 | 1.6517 | 0.9034 | 0.1057 |
ANZ Float 08/29/24 Corp | AUSTRALIA & NEW ZEALAND BANKING GROUP LTD FRN AUG-24 | 10.0 | Bonds | Financials | Australia | AUD | 69,600,000 | $70,707,684 | $70,707,684 | 2024-08-29 | 1.655 | 0.7868 | 0.2305 |
NAB 0 06/19/24 Corp | NATIONAL AUSTRALIA BANK LTD FRN JUN-24 | 10.0 | Bonds | Financials | Australia | AUD | 69,000,000 | $70,506,615 | $70,506,615 | 2024-06-19 | 2.2742 | 0.7271 | 0.0279 |
WSTP 0 04/24/24 Corp | WESTPAC BANKING CORP FRN APR-24 | 9.8 | Bonds | Financials | Australia | AUD | 67,700,000 | $69,573,259 | $69,573,259 | 2024-04-24 | 3.2211 | 0.6688 | 0.1348 |
AU3FN0044046 Corp | COMMONWEALTH BANK OF AUSTRALIA FRN AUG-23 | 9.8 | Bonds | Financials | Australia | AUD | 67,950,000 | $69,155,433 | $69,155,433 | 2023-08-16 | 2.555 | 0.4594 | 0.1919 |
BQDAU 0 02/03/23 Corp | BANK OF QUEENSLAND LTD FRN FEB-23 | 5.0 | Bonds | Financials | Australia | AUD | 34,760,000 | $35,274,796 | $35,274,796 | 2023-02-03 | 2.8445 | 0.4691 | 0.1525 |
MQGAU Float 12/09/25 Corp | MACQUARIE BANK LTD FRN DEC-25 | 4.9 | Bonds | Financials | Australia | AUD | 35,000,000 | $34,866,825 | $34,866,825 | 2025-12-09 | 0.5 | 1.4015 | 0.2508 |
BENAU Float 12/02/25 Corp | BENDIGO & ADELAIDE BANK LTD FRN DEC-25 | 4.9 | Bonds | Financials | Australia | AUD | 34,500,000 | $34,438,418 | $34,438,418 | 2025-12-02 | 0.54 | 1.3950 | 0.2321 |
SUNAU 0 07/30/24 Corp | SUNCORP-METWAY LTD FRN JUL-24 | 3.8 | Bonds | Financials | Australia | AUD | 26,250,000 | $26,608,838 | $26,608,838 | 2024-07-30 | 1.8968 | 0.8466 | 0.1441 |
SUNAU Float 02/24/26 Corp | SUNCORP-METWAY LTD FRN FEB-26 | 0.9 | Bonds | Financials | Australia | AUD | 6,500,000 | $6,488,788 | $6,488,788 | 2026-02-24 | 0.47 | 1.3888 | 0.2076 |
AAA AT | BETASHARES AUSTRALIAN HIGH INT | 0.3 | Equities | Financials | Australia | AUD | 40,000 | $2,003,000 | $2,003,000 |
Australian Senior Bank FRNs | 100.0% |
Fund | Index | |
---|---|---|
1 month | -0.28% | -0.26% |
3 months | -0.29% | -0.24% |
6 months | 0.54% | 0.64% |
1 year | 2.04% | 2.31% |
3 year p.a | 2.45% | 2.70% |
5 year p.a | - | 3.24% |
Since inception (p.a) | 2.68% | 2.87% |
Inception date | 1-Jun-17 | - |
Distribution Frequency | Monthly |
12 Mth Distribution Yield* (%) | 0.9% |
12 Mth Gross Distribution Yield* (%) | - |
Franking Level | - |
Ex Date | Record Date | Payment Date | Distribution Unit ($) | Annual Distribution Return (%) (1) |
---|---|---|---|---|
1-Mar-21 | 2-Mar-21 | 16-Mar-21 | $0.0173 | 0.56% |
1-Feb-21 | 2-Feb-21 | 16-Feb-21 | $0.01578 | 0.58% |
4-Jan-21 | 5-Jan-21 | 19-Jan-21 | $0.0172 | 0.64% |
1-Dec-20 | 2-Dec-20 | 16-Dec-20 | $0.01156 | 1.02% |
2-Nov-20 | 3-Nov-20 | 17-Nov-20 | $0.01263 | 1.12% |
1-Oct-20 | 2-Oct-20 | 16-Oct-20 | $0.01412 | 1.23% |
1-Sep-20 | 2-Sep-20 | 16-Sep-20 | $0.01448 | 1.33% |
3-Aug-20 | 4-Aug-20 | 18-Aug-20 | $0.01525 | 1.42% |
1-Jul-20 | 2-Jul-20 | 16-Jul-20 | $0.01238 | 1.55% |
1-Jun-20 | 2-Jun-20 | 17-Jun-20 | $0.01339 | 1.65% |
1-May-20 | 4-May-20 | 18-May-20 | $0.01946 | 1.79% |
1-Apr-20 | 2-Apr-20 | 20-Apr-20 | $0.03067 | 1.89% |
2-Mar-20 | 3-Mar-20 | 17-Mar-20 | $0.03504 | 2.03% |
3-Feb-20 | 4-Feb-20 | 18-Feb-20 | $0.04046 | 2.11% |
2-Jan-20 | 3-Jan-20 | 17-Jan-20 | $0.03857 | 2.20% |
2-Dec-19 | 3-Dec-19 | 17-Dec-19 | $0.03727 | 2.28% |
1-Nov-19 | 4-Nov-19 | 18-Nov-19 | $0.03954 | 2.35% |
1-Oct-19 | 2-Oct-19 | 16-Oct-19 | $0.04131 | 2.43% |
2-Sep-19 | 3-Sep-19 | 17-Sep-19 | $0.03614 | 2.47% |
1-Aug-19 | 2-Aug-19 | 16-Aug-19 | $0.04769 | 2.57% |
1-Jul-19 | 2-Jul-19 | 16-Jul-19 | $0.04036 | 2.62% |
3-Jun-19 | 4-Jun-19 | 19-Jun-19 | $0.04898 | 2.67% |
1-May-19 | 2-May-19 | 16-May-19 | $0.05148 | 2.71% |
1-Apr-19 | 2-Apr-19 | 16-Apr-19 | $0.05425 | 2.73% |
1-Mar-19 | 4-Mar-19 | 18-Mar-19 | $0.05258 | 2.72% |
1-Feb-19 | 4-Feb-19 | 18-Feb-19 | $0.0615 | 2.71% |
2-Jan-19 | 3-Jan-19 | 17-Jan-19 | $0.06038 | 2.67% |
3-Dec-18 | 4-Dec-18 | 18-Dec-18 | $0.05491 | 2.64% |
1-Nov-18 | 2-Nov-18 | 16-Nov-18 | $0.05942 | 2.62% |
1-Oct-18 | 2-Oct-18 | 16-Oct-18 | $0.05052 | 2.59% |
3-Sep-18 | 4-Sep-18 | 18-Sep-18 | $0.05743 | 2.58% |
1-Aug-18 | 2-Aug-18 | 16-Aug-18 | $0.06076 | 2.54% |
2-Jul-18 | 3-Jul-18 | 17-Jul-18 | $0.05366 | 2.50% |
1-Jun-18 | 4-Jun-18 | 19-Jun-18 | $0.06034 | 2.49% |
1-May-18 | 2-May-18 | 16-May-18 | $0.0578 | - |
3-Apr-18 | 4-Apr-18 | 18-Apr-18 | $0.05494 | - |
1-Mar-18 | 2-Mar-18 | 16-Mar-18 | $0.05347 | - |
1-Feb-18 | 2-Feb-18 | 16-Feb-18 | $0.05401 | - |
2-Jan-18 | 3-Jan-18 | 17-Jan-18 | $0.05144 | - |
1-Dec-17 | 4-Dec-17 | 18-Dec-17 | $0.0486 | - |
1-Nov-17 | 2-Nov-17 | 16-Nov-17 | $0.05022 | - |
2-Oct-17 | 3-Oct-17 | 17-Oct-17 | $0.0468 | - |
1-Sep-17 | 4-Sep-17 | 18-Sep-17 | $0.04965 | - |
1-Aug-17 | 2-Aug-17 | 16-Aug-17 | $0.04974 | - |
3-Jul-17 | 4-Jul-17 | 18-Jul-17 | $0.04786 | - |
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Factsheet - QPON |
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Fund Flyer - QPON |
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QPON - FAQs |
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Portfolio Holdings |
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Product Disclosure Statement - QPON |
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Annual Report - June 2020 |
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NRWT and Fund Payment Notice information - January 2021 distributions |
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NRWT and Fund Payment Notice information - December 2020 distributions |
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NRWT and Fund Payment Notice information - November 2020 distributions |
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NRWT and Fund Payment Notice information - October 2020 distributions |
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NRWT and Fund Payment Notice information - September 2020 distributions |
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NRWT and Fund Payment Notice information - August 2020 distributions |
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NRWT and Fund Payment Notice information - July 2020 distributions |
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NRWT and Fund Payment Notice information - June 2020 distributions |
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NRWT and Fund Payment Notice information - May 2020 distributions |
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NRWT and Fund Payment Notice information - April 2020 distributions |
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NRWT and Fund Payment Notice information - March 2020 distributions |
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NRWT and Fund Payment Notice information - February 2020 distributions |
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Notice of Modifications to Fund Constitution – AMIT Tax Regime |
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Interim Financial Report 2018 |
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2020 BetaShares Distribution Calendar |
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