New Buy – Income Master – BetaShares YMAX

New Buy – Income Master – BetaShares YMAX

May 4, 2018 0 By incomem

We purchased new shares this week as we’ve been on the lookout for other strong dividend payers to add to our investment portfolios. BetaShares YMAX has been on my wishlist for a while so we snapped up 60 units to begin with.

Here are some stats about the BetaShares YMAX  fund showing why we have bought them.

BetaShares YMAX Dividend Yield Statistics

Distribution FrequencyQuarterly
12 Mth Distribution Yield* (%)9.0%
12 Mth Gross Distribution Yield* (%)10.9%
Franking Level49.8%

These numbers are accurate as of the 31st of March, 2018.

Download the official factsheet for the fund here.

BetaShares-YMAX-chart

Top Exposures for BetaShares YMAX

Name%
Commonwealth Bank of Australia14.1 %
Westpac Banking Corporation10.9 %
BHP Billiton Limited10.2 %
Australia & New Zealand Banking Group Limited8.9 %
National Australia Bank Limited8.7 %
CSL Limited7.9 %
Wesfarmers Limited5.2 %
Telstra Corporation Limited4.2 %
Woolworths Limited3.8 %
Macquarie Group Limited3.6 %

These numbers are accurate as of the 23rd of March, 2018.

The share price has dipped over a 5 year period but I’m content with getting in at a cheap price and holding for a long time.

BetaShares-YMAX-chart-2

Source: commsec