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VanEck Australian Corporate Bond Plus ETF (PLUS) - Share Price and Research

$16.050 0.16 (1.01%)

PLUS General Information +

ASX Code PLUS
Website http://www.vaneck.com.au
GICS Sub-Industry Asset Management & Custody Banks
Market Cap ($M) 203
PLUS Share Price $16.050
Day High $16.060
Day Low $15.980
Last Close $15.890
PLUS Share Price Movement $0.16 ( 1.01% )
Prices as at 16:40, 24 Jun 2022
+Security prices are delayed by at least 20 minutes and are indicative only.

PLUS Related Research

PLUS Company Overview

Business Description

VanEck Australian Corporate Bond Plus ETF (PLUS, formerly VanEck Vectors Australian Corporate Bond Plus ETF) invests in a diversified portfolio of Australian dollar denominated corporate, government and semi-government bonds with minimum investment grade credit rating with the aim of providing investment returns (before management costs) that generally track the returns of the Markit iBoxx AUD Corporates Yield Plus Index (IBXXAUY1). It is a diversified portfolio of investment grade Australian dollar corporate bonds which offers enhanced yield, defensive position with low correlation to equities and liquidity.

PLUS Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2021 A 8.64 58.00 -11.10% 32.30 40.00 2.10% 0.0%
2020 A 8.07 65.20 -52.70% 28.10 52.00 2.80% 0.0%
2019 A 24.68 137.80 267.60% 12.80 61.00 3.50% 0.0%

PLUS Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2019 A 2020 A 2021 A 2019 A 2020 A 2021 A 2019 A 2020 A 2021 A
Insignia Financial (IFL) $1,916M -0.0934 0.4396 0.1380 11.5719 8.0384 7.0636 5.97% 7.82% 9.04%
Magellan Financial Group (MFG) $2,386M -0.0451 -0.0716 -0.2225 5.6333 6.0677 7.8046 16.40% 14.19% 10.21%
Netwealth Group (NWL) $2,775M 0.2275 0.0111 0.3803 50.4656 49.9123 36.1614 0.00% 1.65% 2.21%
VanEck Australian Corporate Bond Plus ETF (PLUS) $202M -0.1105 0.0000 0.0000 27.3918 0.0000 0.0000 2.52% 0.00% 0.00%
Perpetual (PPT) $1,640M -0.0758 0.3571 0.0005 15.1987 11.1993 11.1937 0.00% 7.28% 7.14%

PLUS Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 27.70 0.86 0.00
Market 1.09 9.17 1.23 0.72
Sector 0.97 5.96 0.90 0.97

PLUS Directors

Name Position Start Date
Mr Jonathan Simon Non-Executive Director 1 Jan 0001
Mr Arian Neiron Non-Executive Director 1 Jan 0001
Mr Michael Brown Non-Executive Director 1 Jan 0001
Mr Jan van Eck Non-Executive Director 1 Jan 0001
Mr Bruce Smith Non-Executive Director 1 Jan 0001

PLUS Management

Name Position
Timothy Bethe Company Secretary

PLUS Calendar of Events

Date Event
25 July 2022 Div Pay Date
04 July 2022 Books Close
01 July 2022 Div Ex Date

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Data shown on this website is sourced by Morningstar
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