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Betashares Australian Major Bank Subordinated Debt ETF (ASX: BSUB) - Share Price and Research

- Current share price for BSUB : $25.420

Betashares Australian Major Bank Subordinated Debt ETF (BSUB) is an Exchange Traded Fund - commonly known as an ETF. For more details about how ETFs work, feel free to check out our What is an ETF? overview. Betashares Australian Major Bank Subordinated Debt ETF (BSUB) invest in Tier-2 floating rate subordinated bonds denominated in Australian dollars, issued by the 'big 4' Australian banks. It allows investors to obtain exposure to investment grade subordinated bonds from all four banks (CBA, ANZ, NAB and Westpac) in a single trade.

BSUB General Information +

ASX Code BSUB
Website http://www.betashares.com.au
Industry/Sector Asset Management & Custody Banks
Market Cap ($M) 126
BSUB Share Price $25.420
Day High $25.450
Day Low $25.420
Last Close $25.420
BSUB Share Price Movement - ( No change )
Prices as at 16:40, 9 Dec 2024
+Security prices are delayed by at least 20 minutes and are indicative only.

BSUB Fund Information

Unconstrained Fixed Income
Bloomberg AusBond Composite 0+Y TR AUD
starstarstar
Not Rated
Investment Fund
6 May 2024
$116.35 million (as at 5 Dec 2024)

BSUB ETF performance (31 Oct 2024)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 0.82 1.79 - - - - - -
Growth return -0.12 0.26 1.15 - - - - -
Income return (Yield) 0.94 1.53 - - - - - -

Market index (Bloomberg AusBond Composite 0+Y TR AUD)

Total return 1.14 -0.46 3.02 5.16 2.65 -0.93 -0.61 2.09

BSUB Related Research

Betashares Australian Major Bank Subordinated Debt ETF (BSUB) Upcoming Dividends & Yields

Distribution Type Dividend Franking Ex-dividend date Payment date Current Price+ Price 7D Avg Dividend Yield
Result 10.87¢ 0% 2 Dec 2024 17 Dec 2024 $25.420 $25.430 -
Result 11.62¢ 0% 1 Nov 2024 18 Nov 2024 $25.420 $25.430 -
Result 11.59¢ 0% 1 Oct 2024 16 Oct 2024 $25.420 $25.430 -

See all dividends from Betashares Australian Major Bank Subordinated Debt ETF (BSUB) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

Betashares Australian Major Bank Subordinated Debt ETF (BSUB) Recent ASX Announcements

Company Sector Market Cap ($m) Headline Release
date/time+
Price at
release+
Current
price+
Gain/Loss View
Betashares Australian Major Bank Subordinated Debt ETF (BSUB) Financials $127 Units on Issue Disclosure - November 2024 5 Dec 2024 11:39AM $25.410 $25.420 risen by 0.04%
Betashares Australian Major Bank Subordinated Debt ETF (BSUB) Financials $127 DRP Issue Price 2 Dec 2024 2:32PM $25.430 $25.420 fallen by 0.04%
Betashares Australian Major Bank Subordinated Debt ETF (BSUB) Financials $127 Final Distribution Announcement 29 Nov 2024 5:39PM $25.530 $25.420 fallen by 0.43%
Betashares Australian Major Bank Subordinated Debt ETF (BSUB) Financials $127 Estimated Distribution Announcement 28 Nov 2024 5:30PM $25.530 $25.420 fallen by 0.43%
Betashares Australian Major Bank Subordinated Debt ETF (BSUB) Financials $127 Distribution Timetable 25 Nov 2024 5:17PM $25.540 $25.420 fallen by 0.47%
Betashares Australian Major Bank Subordinated Debt ETF (BSUB) Financials $127 Units on Issue Disclosure - October 2024 6 Nov 2024 12:07PM $25.460 $25.420 fallen by 0.16%

BSUB Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2024A $0.16 $17.40 0.00% 145.00 10.60 0.40% 0.0%

BSUB Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2024 A 2024 A 2024 A
Betashares Australian Major Bank Subordinated Debt ETF (BSUB) $0M 0.0000 0.0000 0.0000 146.1760 0.0000 0.0000 0.42% 0.00% 0.00%
HMC Capital (HMC) $5,093M 0.0191 0.0000 0.0000 59.2042 0.0000 0.0000 0.97% 0.00% 0.00%
Netwealth Group (NWL) $7,454M 0.2382 0.2487 0.2325 89.2962 71.5124 58.0221 0.92% 1.16% 1.40%
Pinnacle Investment Management Group (PNI) $5,471M 0.1667 0.1969 0.1911 53.6484 44.8219 37.6291 1.72% 2.01% 2.39%
Perpetual (PPT) $2,503M -0.1521 0.2241 -0.0452 15.3900 12.5726 13.1679 5.40% 5.95% 5.49%

BSUB Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 146.20 1.01 0.00
Market 0.39 13.70 1.11 0.91
Sector 0.00 0.00 0.00 0.00

BSUB Directors

Name Position Start Date
Mr Edward Sippel Non-Executive Director 5 Mar 2021
Mr Alex Vynokur Non-Executive Director 21 Sep 2009
Mr Jason Gellert Non-Executive Director 5 Mar 2021

Betashares Australian Major Bank Subordinated Debt ETF (BSUB) Changes in Directors' Interest & Trades

There are no directors' trades from Betashares Australian Major Bank Subordinated Debt ETF (BSUB). Please use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

BSUB Calendar of Events

Date Event
17 December 2024 Div Pay Date

FAQs about Betashares Australian Major Bank Subordinated Debt ETF (BSUB)

Betashares Australian Major Bank Subordinated Debt ETF's (BSUB) current share price is $25.42. This constitutes a price movement of 0.04% when compared to the share price 7 days ago and is -0.51% below BSUB's 12-month high of $25.55 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $25.42, Betashares Australian Major Bank Subordinated Debt ETF's (BSUB) current share price of $25.42 constitutes a movement of or 0%. Betashares Australian Major Bank Subordinated Debt ETF's (BSUB) share price movement is -0.04% when compared to 7 days ago and is -0.51% below BSUB's 52-week high of $25.55.

Betashares Australian Major Bank Subordinated Debt ETF's (BSUB) 52-week high is $25.55 which was reached on 30 Oct 2024. Relative to this, BSUB's current share price of $25.42 constitutes a -$0.13 or -0.51% drop since that high of $25.55 per BSUB share.

Betashares Australian Major Bank Subordinated Debt ETF's (BSUB) 52-week low is $25.06 which was reached on 9 May 2024. Relative to this, BSUB's current share price of $25.42 constitutes a $0.36 or 1.44% gain since that low of $25.06 per BSUB share.

Betashares Australian Major Bank Subordinated Debt ETF's (BSUB) current market capitalisation is $126,646,075. Market capitalisation, sometimes referred to as "market cap", is the total value of a company's or ETF's issued shares or units owned by shareholders or unitholders. Market capitalisation is equal to the market price per share or unit multiplied by the number of shares or units outstanding.

Betashares Australian Major Bank Subordinated Debt ETF (BSUB) last distribution or dividend was $0.12 per share and was paid on 18 Nov 2024. This last BSUB distribution or dividend included 0% franking. The next dividend payment for Betashares Australian Major Bank Subordinated Debt ETF (BSUB) is due on 17 Dec 2024.

Upcoming ex-distribution date: 1 Nov 2024

Upcoming record date: 4 Nov 2024

Upcoming payment date: 18 Nov 2024

ETFs, such as Betashares Australian Major Bank Subordinated Debt ETF (BSUB), pay distributions instead of dividends. The difference is that dividends are declared by companies from part of the profits made during any given year and the company’s management decide the amount of earnings retained verses how much to pay out to investors. An ETF, like Betashares Australian Major Bank Subordinated Debt ETF (BSUB), must pay out all realised income. This is a combination of any dividends received plus capital gains realised from the buying and selling of underlying holdings within Betashares Australian Major Bank Subordinated Debt ETF (BSUB).


A distribution has three key dates:

Ex-distribution date: Date the distribution value leaves the ETF. This will normally correspond with the ETF unit price dropping in value by the same amount as the distribution.

Record date: Date someone must be on the unit registry to receive the distribution.

Payment date date: Date the distribution is paid to the unit holder.

Betashares Australian Major Bank Subordinated Debt ETF (BSUB) has a franking level of 0%. Franking represents the tax a company has already paid on any profit it distributes to shareholders as a dividend. Only Australian companies pay franking credits therefore you will not see franking on ETFs that invest internationally. For ETFs that are diversified across asset classes, you may see partial franking.

Betashares Australian Major Bank Subordinated Debt ETF (BSUB) has a current dividend yield of 0.40% this year. Last year's dividend yield was n/a. The dividend yield for BSUB is a ratio that tells you the percentage of Betashares Australian Major Bank Subordinated Debt ETF (BSUB)'s share price that it pays out in dividends each year. The dividend yield is calculated by dividing the annual dividends by the current share price.

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